Sirius Stock Alpha and Beta Analysis

SIRI -  USA Stock  

USD 6.03  0.04  0.66%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sirius XM Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sirius XM over a specified time horizon. Remember, high Sirius XM'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.
Additionally, take a look at Sirius XM Backtesting, Sirius XM Valuation, Sirius XM Correlation, Sirius XM Hype Analysis, Sirius XM Volatility, Sirius XM History and analyze Sirius XM Performance.

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Please note that although Sirius XM alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Sirius XM did 0.06  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Sirius XM Holdings stock's relative risk over its benchmark. Sirius XM Holdings has a beta of 1.18  . Let's try to break down what Sirius's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sirius XM will likely underperform.
Sirius XM Tangible Assets Book Value per Share are most likely to drop in the upcoming years. The last year's value of Tangible Assets Book Value per Share was reported at 0.78. The current Enterprise Value is estimated to increase to about 26.2 B, while Price to Book Value is projected to decrease to (32.00) .
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.

Enterprise Value

26.22 BillionShare

Sirius XM Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sirius XM market risk premium is the additional return an investor will receive from holding Sirius XM 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 Sirius XM. 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 Sirius XM's performance over market.
α0.06   β1.18
90 days against DJI

Sirius XM 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 Sirius XM's Buy-and-hold return. Our buy-and-hold chart shows how Sirius XM performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Sirius XM Market Price Analysis

Market price analysis indicators help investors to evaluate how Sirius XM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sirius XM shares will generate the highest return on investment. By understating and applying Sirius XM stock market price indicators, traders can identify Sirius XM position entry and exit signals to maximize returns.

Sirius XM Return and Market Media

The median price of Sirius XM for the period between Wed, Aug 18, 2021 and Fri, Sep 17, 2021 is 6.2 with a coefficient of variation of 1.86. The daily time series for the period is distributed with a sample standard deviation of 0.12, arithmetic mean of 6.19, and mean deviation of 0.1. The Stock received some media coverage during the period.
 Price Growth (%)  
      Timeline 
1
Sirius XM gains 1.12 percent in Light Trading on August 24 -...08/24/2021
2
Acquisition by Blau David Adam of tradable shares of Sirius ...08/31/2021
3
Sirius XM exotic insider transaction detected09/02/2021
4
Sirius XM falls 0.33 percent in Active Trading on September ...09/14/2021

About Sirius XM 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Sirius XM Holdings 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.
 2020 2021 (projected)
Long Term Debt to Equity3.954.86
Interest Coverage2.182.75

Sirius XM Upcoming Company Events

As portrayed in its financial statements, the presentation of Sirius XM's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sirius XM's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sirius XM's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sirius XM. Please utilize our Beneish M Score to check the likelihood of Sirius XM's management manipulating its earnings.
Upcoming Quarterly Report28th of October 2021
Next Earnings Report1st of February 2022
Next Fiscal Quarter End30th of September 2021
Next Fiscal Year End1st of February 2022
Last Quarter Report30th of June 2021
Last Earning Announcement30th of September 2020

Build Portfolio with Sirius XM

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.

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Align your risk with return expectations

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, take a look at Sirius XM Backtesting, Sirius XM Valuation, Sirius XM Correlation, Sirius XM Hype Analysis, Sirius XM Volatility, Sirius XM History and analyze Sirius XM Performance. Note that the Sirius XM Holdings information on this page should be used as a complementary analysis to other Sirius XM'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Sirius Stock analysis

When running Sirius XM Holdings price analysis, check to measure Sirius XM'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 Sirius XM is operating at the current time. Most of Sirius XM's value examination focuses on studying past and present price action to predict the probability of Sirius XM's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sirius XM's price. Additionally, you may evaluate how the addition of Sirius XM to your portfolios can decrease your overall portfolio volatility.
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Sirius XM 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.
A focus of Sirius XM technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sirius XM trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...