Advanced Stock Alpha and Beta Analysis


USD 95.33  1.18  1.22%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Advanced Drainage Systems. It also helps investors analyze the systematic and unsystematic risks associated with investing in Advanced Drainage over a specified time horizon. Remember, high Advanced Drainage'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.
Check out Advanced Drainage Backtesting, Advanced Drainage Valuation, Advanced Drainage Correlation, Advanced Drainage Hype Analysis, Advanced Drainage Volatility, Advanced Drainage History and analyze Advanced Drainage Performance.
Please note that although Advanced Drainage 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, Advanced Drainage did 0.59  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 Advanced Drainage Systems stock's relative risk over its benchmark. Advanced Drainage Systems has a beta of 1.53  . Let's try to break down what Advanced'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, Advanced Drainage will likely underperform.
Advanced Drainage Book Value per Share is relatively stable at the moment as compared to the past year. Advanced Drainage reported last year Book Value per Share of 3.11. As of 12/04/2022, Enterprise Value over EBIT is likely to grow to 28.33, while Tangible Asset Value is likely to drop slightly above 767.1 M.
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

2 Billion

Advanced Drainage Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Advanced Drainage market risk premium is the additional return an investor will receive from holding Advanced Drainage 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 Advanced Drainage. 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 Advanced Drainage's performance over market.
α-0.59   β1.53
90 days against NYA

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

Advanced Drainage Market Price Analysis

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

Advanced Drainage Return and Market Media

The median price of Advanced Drainage for the period between Mon, Sep 5, 2022 and Sun, Dec 4, 2022 is 122.82 with a coefficient of variation of 16.31. The daily time series for the period is distributed with a sample standard deviation of 18.86, arithmetic mean of 115.65, and mean deviation of 16.44. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
Bona fide gift to D Barbour of 2500 shares of Advanced Drain...09/14/2022
Advanced Drainage exotic insider transaction detected09/15/2022
We Ran A Stock Scan For Earnings Growth And Advanced Drainag...09/22/2022
EPS Estimate09/30/2022
Advanced Drainage Systems Stock Time For Downward Revision -...10/10/2022
EPS Reported11/03/2022
ADS Foundation Donates to the Florida Disaster Fund in Suppo...11/17/2022

About Advanced Drainage 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 Advanced or other stocks. Alpha measures the amount that position in Advanced Drainage Systems 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.
 2018 2019 2021 (projected)
Long Term Debt to Equity0.561.470.85
Interest Coverage7.159.7812.38

Advanced Drainage Upcoming Company Events

As portrayed in its financial statements, the presentation of Advanced Drainage's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Advanced Drainage's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Advanced Drainage's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Advanced Drainage. Please utilize our Beneish M Score to check the likelihood of Advanced Drainage's management manipulating its earnings.
Upcoming Quarterly Report3rd of February 2022
Next Financial Report19th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End19th of May 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Advanced Drainage

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

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Advanced Drainage 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 Advanced Drainage technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Advanced Drainage 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...