Costco Stock Alpha and Beta Analysis

COST
 Stock
  

USD 481.97  0.81  0.17%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Costco Wholesale Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Costco Wholesale over a specified time horizon. Remember, high Costco Wholesale'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.
Continue to Costco Wholesale Backtesting, Costco Wholesale Valuation, Costco Wholesale Correlation, Costco Wholesale Hype Analysis, Costco Wholesale Volatility, Costco Wholesale History and analyze Costco Wholesale Performance.
  
Please note that although Costco Wholesale 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, Costco Wholesale did 0.16  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 Costco Wholesale Corp stock's relative risk over its benchmark. Costco Wholesale Corp has a beta of 0.93  . Let's try to break down what Costco's beta means in this case. Costco Wholesale returns are very sensitive to returns on the market. As the market goes up or down, Costco Wholesale is expected to follow.
Book Value per Share is likely to gain to 32.28 in 2022. Enterprise Value over EBIT is likely to gain to 20.29 in 2022.
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

81.29 Billion

Costco Wholesale Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Costco Wholesale market risk premium is the additional return an investor will receive from holding Costco Wholesale 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 Costco Wholesale. 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 Costco Wholesale's performance over market.
α-0.16   β0.93
90 days against NYA

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

Costco Wholesale Market Price Analysis

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

Costco Wholesale Return and Market Media

The median price of Costco Wholesale for the period between Thu, Sep 8, 2022 and Wed, Dec 7, 2022 is 496.54 with a coefficient of variation of 4.6. The daily time series for the period is distributed with a sample standard deviation of 22.91, arithmetic mean of 497.67, and mean deviation of 19.32. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Payment of 662 shares by Callans Patrick J of Costco Wholesa...09/14/2022
2
EPS Reported09/22/2022
3
Costco Just Showed Why Its a Must-Own Stock - The Motley Foo...09/27/2022
4
Will Costco Wholesale shadow Amazon price upswing10/05/2022
5
Costco Wholesale exotic insider transaction detected10/07/2022
6
Acquisition by Callans Patrick J of 7154 shares of Costco Wh...10/11/2022
7
Bona fide gift to Jelinek W Craig of 260 shares of Costco Wh...10/12/2022
8
Is it Worthy to Invest in Costco - Yahoo Finance10/19/2022
9
Insiders who sold US20m worth of Costco Wholesale Corporatio...10/25/2022
10
Costco Stock Heads Lower After Earnings. Sales Growth Slowed...11/03/2022
11
Costco Similarities To Coca-Cola In 1998 - Seeking Alpha11/10/2022
12
Costco Buy Into Growth, Improving Returns, And Quality - See...11/23/2022
13
EPS Reported12/05/2022
14
Costco Previewing Q1 Earnings To Set The Tone For 2023 - See...12/06/2022

About Costco Wholesale 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 Costco or other stocks. Alpha measures the amount that position in Costco Wholesale Corp 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.
 2010 2013 2022 (projected)
Long Term Debt to Equity0.460.340.38
Interest Coverage74.4673.44104.1

Costco Wholesale Upcoming Company Events

As portrayed in its financial statements, the presentation of Costco Wholesale's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Costco Wholesale's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Costco Wholesale's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Costco Wholesale. Please utilize our Beneish M Score to check the likelihood of Costco Wholesale's management manipulating its earnings.
Upcoming Quarterly Report3rd of March 2022
Next Financial Report26th of May 2022
Next Fiscal Quarter End28th of February 2022
Next Fiscal Year End22nd of September 2022
Last Quarter Report30th of November 2021
Last Financial Announcement28th of February 2021

Build Portfolio with Costco Wholesale

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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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
Continue to Costco Wholesale Backtesting, Costco Wholesale Valuation, Costco Wholesale Correlation, Costco Wholesale Hype Analysis, Costco Wholesale Volatility, Costco Wholesale History and analyze Costco Wholesale Performance. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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