Sonic Automotive Stock Alpha and Beta Analysis
| SAH Stock | USD 62.30 5.63 9.93% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sonic Automotive. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sonic Automotive over a specified time horizon. Remember, high Sonic Automotive's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Sonic Automotive's market risk premium analysis include:
Beta 1.81 | Alpha 0.21 | Risk 2.78 | Sharpe Ratio 0.11 | Expected Return 0.3 |
Sonic Automotive Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Sonic |
Sonic Automotive Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sonic Automotive market risk premium is the additional return an investor will receive from holding Sonic Automotive long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sonic Automotive. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Sonic Automotive's performance over market.| α | 0.21 | β | 1.81 |
Sonic Automotive expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Sonic Automotive's Buy-and-hold return. Our buy-and-hold chart shows how Sonic Automotive performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sonic Automotive Market Price Analysis
Market price analysis indicators help investors to evaluate how Sonic Automotive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonic Automotive shares will generate the highest return on investment. By understating and applying Sonic Automotive stock market price indicators, traders can identify Sonic Automotive position entry and exit signals to maximize returns.
Sonic Automotive Return and Market Media
The median price of Sonic Automotive for the period between Sun, Jan 28, 2024 and Sat, Apr 27, 2024 is 52.05 with a coefficient of variation of 4.89. The daily time series for the period is distributed with a sample standard deviation of 2.57, arithmetic mean of 52.55, and mean deviation of 1.92. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Sonic Automotive, Inc. Q4 2023 Earnings Call Transcript | 02/15/2024 |
2 | Where Does Wall Street Think Sonic Automotive Inc Stock Will Go - InvestorsObserver | 03/08/2024 |
3 | Jacobs Levy Equity Management Inc. Acquires 285,999 Shares of Sonic Automotive, Inc. - MarketBeat | 03/12/2024 |
4 | Investing in Sonic Automotive five years ago would have delivered you a 309 percent gain | 03/18/2024 |
5 | Sonic Automotive Inc Stock Increases 3.78 percent This Week Should You Buy - InvestorsObserver | 03/27/2024 |
6 | Disposition of 6942 shares by David Smith of Sonic Automotive at 56.94 subject to Rule 16b-3 | 03/28/2024 |
7 | 31,482 Shares in Sonic Automotive, Inc. Bought by Assenagon Asset Management S.A. - MarketBeat | 04/05/2024 |
8 | Sonic Automotive Schedules Release of 2024 First Quarter Financial Results | 04/10/2024 |
| Sonic Automotive dividend paid on 15th of April 2024 | 04/15/2024 |
9 | Disposition of 100 shares by Heath Byrd of Sonic Automotive at 16.76 subject to Rule 16b-3 | 04/16/2024 |
10 | Earnings Preview Penske Automotive Q1 Earnings Expected to Decline | 04/23/2024 |
11 | Whats Driving Sonic Automotive Incs Surprising 23 percent Stock Rally | 04/26/2024 |
About Sonic Automotive Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Sonic or other stocks. Alpha measures the amount that position in Sonic Automotive has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | PTB Ratio | 1.9 | 2.13 | 2.21 | 1.21 | Dividend Yield | 0.008938 | 0.0181 | 0.0203 | 0.019 |
Sonic Automotive Upcoming Company Events
As portrayed in its financial statements, the presentation of Sonic Automotive's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sonic Automotive's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sonic Automotive's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sonic Automotive. Please utilize our Beneish M Score to check the likelihood of Sonic Automotive's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Sonic Automotive
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Sonic Automotive Backtesting, Sonic Automotive Valuation, Sonic Automotive Correlation, Sonic Automotive Hype Analysis, Sonic Automotive Volatility, Sonic Automotive History and analyze Sonic Automotive Performance. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.Note that the Sonic Automotive information on this page should be used as a complementary analysis to other Sonic Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Sonic Stock analysis
When running Sonic Automotive's price analysis, check to measure Sonic Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonic Automotive is operating at the current time. Most of Sonic Automotive's value examination focuses on studying past and present price action to predict the probability of Sonic Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonic Automotive's price. Additionally, you may evaluate how the addition of Sonic Automotive to your portfolios can decrease your overall portfolio volatility.
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Sonic Automotive technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.