Stantec Stock Alpha and Beta Analysis
| STN Stock | CAD 113.51 0.24 0.21% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Stantec. It also helps investors analyze the systematic and unsystematic risks associated with investing in Stantec over a specified time horizon. Remember, high Stantec'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 Stantec's market risk premium analysis include:
Beta 0.49 | Alpha 0.0214 | Risk 1.24 | Sharpe Ratio 0.0159 | Expected Return 0.0197 |
Stantec 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.
Stantec |
Stantec Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Stantec market risk premium is the additional return an investor will receive from holding Stantec 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 Stantec. 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 Stantec's performance over market.| α | 0.02 | β | 0.49 |
Stantec 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 Stantec's Buy-and-hold return. Our buy-and-hold chart shows how Stantec performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Stantec Market Price Analysis
Market price analysis indicators help investors to evaluate how Stantec stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stantec shares will generate the highest return on investment. By understating and applying Stantec stock market price indicators, traders can identify Stantec position entry and exit signals to maximize returns.
Stantec Return and Market Media
The median price of Stantec for the period between Sat, Mar 9, 2024 and Fri, Jun 7, 2024 is 111.36 with a coefficient of variation of 2.21. The daily time series for the period is distributed with a sample standard deviation of 2.47, arithmetic mean of 111.96, and mean deviation of 2.08. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Stantec Sets New 1-Year High at 117.06 - MarketBeat | 03/18/2024 |
2 | Closing Bell Stantec Inc up on Thursday - The Globe and Mail | 04/11/2024 |
3 | Stantec Schedules Q1 2024 Financial Results Release - TipRanks.com - TipRanks | 04/17/2024 |
4 | Closing Bell Stantec Inc up on Tuesday - The Globe and Mail | 04/23/2024 |
5 | Stantec to Release Quarterly Earnings on Wednesday - MarketBeat | 05/01/2024 |
6 | Closing Bell Stantec Inc up on Wednesday - The Globe and Mail | 05/08/2024 |
7 | Closing Bell Stantec Inc down on Wednesday - The Globe and Mail | 05/15/2024 |
8 | Canadian Infrastructure Stocks Building the Future and Your Wealth - MSN | 05/29/2024 |
9 | Stantec Shares Pass Above 200-Day Moving Average of 108.90 - MarketBeat | 06/06/2024 |
About Stantec 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 Stantec or other stocks. Alpha measures the amount that position in Stantec 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 | 2024 (projected) | Dividend Yield | 0.009145 | 0.0109 | 0.0134 | Price To Sales Ratio | 1.73 | 1.27 | 1.92 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Stantec in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Stantec's short interest history, or implied volatility extrapolated from Stantec options trading.
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Additional Information and Resources on Investing in Stantec Stock
When determining whether Stantec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stantec's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stantec Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stantec Stock:Check out Stantec Backtesting, Stantec Valuation, Stantec Correlation, Stantec Hype Analysis, Stantec Volatility, Stantec History and analyze Stantec Performance. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Stantec 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.