Avnet Stock Alpha and Beta Analysis

AVT
 Stock
  

USD 45.14  1.01  2.29%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Avnet Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Avnet over a specified time horizon. Remember, high Avnet'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 Avnet Backtesting, Avnet Valuation, Avnet Correlation, Avnet Hype Analysis, Avnet Volatility, Avnet History and analyze Avnet Performance.
  
Please note that although Avnet 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, Avnet did 0.08  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 Avnet Inc stock's relative risk over its benchmark. Avnet Inc has a beta of 1.15  . Let's try to break down what Avnet's beta means in this case. Avnet returns are very sensitive to returns on the market. As the market goes up or down, Avnet is expected to follow.
Avnet Book Value per Share is comparatively stable at the moment as compared to the past year. Avnet reported Book Value per Share of 42.50 in 2021. Enterprise Value over EBIT is likely to gain to 17.89 in 2022, whereas Tangible Assets Book Value per Share are likely to drop 88.16 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.

Avnet Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Avnet market risk premium is the additional return an investor will receive from holding Avnet 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 Avnet. 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 Avnet's performance over market.
α-0.08   β1.15
90 days against DJI

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

Avnet Market Price Analysis

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

Avnet Return and Market Media

The median price of Avnet for the period between Thu, Sep 1, 2022 and Wed, Nov 30, 2022 is 40.19 with a coefficient of variation of 7.1. The daily time series for the period is distributed with a sample standard deviation of 2.88, arithmetic mean of 40.51, and mean deviation of 2.46. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Disposition of 138967 shares by James Lawrence of Avnet subj...09/06/2022
2
Watch These 5 Stocks That Recently Hiked Their Dividends - N...09/08/2022
3
Avnet Enjoys Margin Expansion At Todays Inflationary Environ...09/14/2022
4
Acquisition by Mccoy Michael Ryan of 11932 shares of Avnet s...09/15/2022
5
Returns Are Gaining Momentum At Avnet - Simply Wall St09/19/2022
6
Acquisition by Brenda Freeman of 143 shares of Avnet subject...09/29/2022
7
EPS Estimate09/30/2022
8
Acquisition by Oleg Khaykin of 843 shares of Avnet subject t...10/04/2022
9
Absolute Pressure sensor Market is Estimated to Reach the Va...10/11/2022
10
EPS Reported10/26/2022
11
Avnet Insights Chip Shortage Underscores Opportunity to Stre...11/03/2022
12
Avnet Embedded and Renesas cooperate on SMARC modules and pr...11/18/2022

About Avnet 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 Avnet or other stocks. Alpha measures the amount that position in Avnet 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.
 2010 2017 2022 (projected)
Long Term Debt to Equity0.330.340.35
Interest Coverage4.329.366.11

Avnet Upcoming Company Events

As portrayed in its financial statements, the presentation of Avnet's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Avnet's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Avnet's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Avnet. Please utilize our Beneish M Score to check the likelihood of Avnet's management manipulating its earnings.
Upcoming Quarterly Report26th of January 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End10th of August 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Avnet

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
Please continue to Avnet Backtesting, Avnet Valuation, Avnet Correlation, Avnet Hype Analysis, Avnet Volatility, Avnet History and analyze Avnet Performance. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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