Tesla Inc Stock Alpha and Beta Analysis

TSLA Stock  USD 199.73  0.33  0.17%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Tesla Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Tesla over a specified time horizon. Remember, high Tesla'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 Tesla's market risk premium analysis include:
Beta
1.45
Alpha
(0.48)
Risk
2.68
Sharpe Ratio
(0.10)
Expected Return
(0.27)
Please note that although Tesla 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., NYSE Composite index.) So in this particular case, Tesla did 0.48  worse 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 Tesla Inc stock's relative risk over its benchmark. Tesla Inc has a beta of 1.45  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tesla will likely underperform. The current year's Book Value per Share is expected to grow to 21.29. The current year's Enterprise Value over EBIT is expected to grow to 83.08.

Tesla Quarterly Cash And Equivalents

26.08 Billion

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.
  
Check out Tesla Backtesting, Tesla Valuation, Tesla Correlation, Tesla Hype Analysis, Tesla Volatility, Tesla History and analyze Tesla Performance.

Tesla Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Tesla market risk premium is the additional return an investor will receive from holding Tesla 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 Tesla. 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 Tesla's performance over market.
α-0.48   β1.45

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

Tesla Market Price Analysis

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

Tesla Return and Market Media

The median price of Tesla for the period between Thu, Nov 30, 2023 and Wed, Feb 28, 2024 is 234.21 with a coefficient of variation of 11.52. The daily time series for the period is distributed with a sample standard deviation of 25.49, arithmetic mean of 221.38, and mean deviation of 23.37. The Stock received substential amount of media coverage during this period.
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About Tesla 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 Tesla or other stocks. Alpha measures the amount that position in Tesla Inc 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 2023 2024 (projected)
Long Term Debt to Equity0.170.04560.0468
Interest Coverage20.7118.6414.75

Tesla Upcoming Company Events

As portrayed in its financial statements, the presentation of Tesla's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tesla's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Tesla's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Tesla. Please utilize our Beneish M Score to check the likelihood of Tesla's management manipulating its earnings.
17th of April 2024
Upcoming Quarterly Report
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17th of July 2024
Next Financial Report
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31st of March 2024
Next Fiscal Quarter End
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22nd of January 2025
Next Fiscal Year End
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31st of December 2023
Last Quarter Report
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31st of December 2023
Last Financial Announcement
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When determining whether Tesla Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tesla'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 Tesla Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tesla Inc Stock:

Complementary Tools for Tesla Stock analysis

When running Tesla's price analysis, check to measure Tesla'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 Tesla is operating at the current time. Most of Tesla's value examination focuses on studying past and present price action to predict the probability of Tesla's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tesla's price. Additionally, you may evaluate how the addition of Tesla to your portfolios can decrease your overall portfolio volatility.
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Tesla 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 Tesla technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tesla 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...