Aerojet Stock Alpha and Beta Analysis


USD 40.14  1.28  3.29%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Aerojet Rocketdyne Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Aerojet Rocketdyne over a specified time horizon. Remember, high Aerojet Rocketdyne'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.
Please continue to Aerojet Rocketdyne Backtesting, Aerojet Rocketdyne Valuation, Aerojet Rocketdyne Correlation, Aerojet Rocketdyne Hype Analysis, Aerojet Rocketdyne Volatility, Aerojet Rocketdyne History and analyze Aerojet Rocketdyne Performance.
Please note that although Aerojet Rocketdyne 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, Aerojet Rocketdyne did 0.09  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 Aerojet Rocketdyne Holdings stock's relative risk over its benchmark. Aerojet Rocketdyne has a beta of 0.59  . Let's try to break down what Aerojet's beta means in this case. As returns on the market increase, Aerojet Rocketdyne returns are expected to increase less than the market. However, during the bear market, the loss on holding Aerojet Rocketdyne will be expected to be smaller as well.
Aerojet Rocketdyne Enterprise Value over EBIT is projected to decrease significantly based on the last few years of reporting. The past year's Enterprise Value over EBIT was at 17.00. The current year Price to Book Value is expected to grow to 9.21, whereas Enterprise Value over EBITDA is forecasted to decline to 12.90.
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.

Aerojet Rocketdyne Quarterly Book Value per Share



Aerojet Rocketdyne Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Aerojet Rocketdyne market risk premium is the additional return an investor will receive from holding Aerojet Rocketdyne 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 Aerojet Rocketdyne. 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 Aerojet Rocketdyne's performance over market.
α0.09   β0.59
90 days against DJI

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

Aerojet Rocketdyne Market Price Analysis

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

Aerojet Rocketdyne Return and Market Media

The median price of Aerojet Rocketdyne for the period between Mon, Mar 28, 2022 and Sun, Jun 26, 2022 is 40.2 with a coefficient of variation of 3.32. The daily time series for the period is distributed with a sample standard deviation of 1.34, arithmetic mean of 40.32, and mean deviation of 1.05. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
EPS Estimate03/31/2022
Demand for Global Hypersonic Technology Market Size Share Wo...04/11/2022
Hypersonic Technology Market to Receive Overwhelming Hike in...04/20/2022
Unclassified Event04/25/2022
2022-04-27 NYSEAJRD Press Release Aerojet Rocketdyne Holding...04/27/2022
Unclassified Event04/28/2022
EPS Reported05/03/2022
Committee For Aerojet Rocketdyne Shareholders and Value Maxi...05/06/2022
Sale by Daniel Boehle of 12510 shares of Aerojet Rocketdyne05/10/2022
Financial Statements05/16/2022
ST BankPA Buys 3, Sells 2 in 1st Quarter - GuruFocus.com05/18/2022
Unclassified Event05/19/2022
Aerojet Rocketdyne exotic insider transaction detected05/20/2022
Activist Faces Off With CEO as Fight for Aerojet Moves to Co...05/23/2022
2022-05-26 NYSEAJRD Press Release Aerojet Rocketdyne Holding...05/26/2022
Unclassified Event06/06/2022
Aerojet Rocketdyne Executive Chairman Warren Lichtenstein Su...06/16/2022
Financial Statements06/21/2022

About Aerojet Rocketdyne 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 Aerojet Rocketdyne 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.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity0.611.390.550.56
Interest Coverage11.7910.1114.615.75

Aerojet Rocketdyne Upcoming Company Events

As portrayed in its financial statements, the presentation of Aerojet Rocketdyne's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Aerojet Rocketdyne's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Aerojet Rocketdyne's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Aerojet Rocketdyne. Please utilize our Beneish M Score to check the likelihood of Aerojet Rocketdyne's management manipulating its earnings.
Upcoming Quarterly Report17th of February 2022
Next Financial Report25th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End17th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Please continue to Aerojet Rocketdyne Backtesting, Aerojet Rocketdyne Valuation, Aerojet Rocketdyne Correlation, Aerojet Rocketdyne Hype Analysis, Aerojet Rocketdyne Volatility, Aerojet Rocketdyne History and analyze Aerojet Rocketdyne Performance. Note that the Aerojet Rocketdyne information on this page should be used as a complementary analysis to other Aerojet Rocketdyne'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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