Penn National Stock Alpha and Beta Analysis


USD 35.03  0.67  1.88%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Penn National Gaming. It also helps investors analyze the systematic and unsystematic risks associated with investing in Penn National over a specified time horizon. Remember, high Penn National'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 check Penn National Backtesting, Penn National Valuation, Penn National Correlation, Penn National Hype Analysis, Penn National Volatility, Penn National History and analyze Penn National Performance.
Please note that although Penn National 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, Penn National did 0.06  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 Penn National Gaming stock's relative risk over its benchmark. Penn National Gaming has a beta of 1.65  . Let's try to break down what Penn National'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, Penn National will likely underperform.
Penn National Tangible Asset Value is quite stable at the moment as compared to the past year. The company's current Tangible Asset Value is estimated at 13.52 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.

Enterprise Value

17.31 Billion

Penn National Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Penn National market risk premium is the additional return an investor will receive from holding Penn National 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 Penn National. 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 Penn National's performance over market.
α0.06   β1.65
90 days against NYA

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

Penn National Market Price Analysis

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

Penn National Return and Market Media

The median price of Penn National for the period between Tue, Sep 6, 2022 and Mon, Dec 5, 2022 is 31.4 with a coefficient of variation of 9.21. The daily time series for the period is distributed with a sample standard deviation of 2.92, arithmetic mean of 31.71, and mean deviation of 2.35. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
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About Penn National 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 Penn National or other stocks. Alpha measures the amount that position in Penn National Gaming 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 Equity3.592.381.632.13
Interest Coverage1.071.892.172.37

Penn National Upcoming Company Events

As portrayed in its financial statements, the presentation of Penn National's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Penn National's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Penn National's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Penn National. Please utilize our Beneish M Score to check the likelihood of Penn National's management manipulating its earnings.
Upcoming Quarterly Report3rd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End3rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Penn National

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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
Please check Penn National Backtesting, Penn National Valuation, Penn National Correlation, Penn National Hype Analysis, Penn National Volatility, Penn National History and analyze Penn National Performance. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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