Amdocs Stock Alpha and Beta Analysis


USD 84.73  0.15  0.18%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Amdocs Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Amdocs over a specified time horizon. Remember, high Amdocs' 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 Amdocs Backtesting, Amdocs Valuation, Amdocs Correlation, Amdocs Hype Analysis, Amdocs Volatility, Amdocs History and analyze Amdocs Performance.
Please note that although Amdocs 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, Amdocs did 0.18  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 Amdocs Limited stock's relative risk over its benchmark. Amdocs Limited has a beta of 0.73  . Let's try to break down what Amdocs's beta means in this case. As returns on the market increase, Amdocs returns are expected to increase less than the market. However, during the bear market, the loss on holding Amdocs will be expected to be smaller as well.
Amdocs Enterprise Value over EBIT is fairly stable at the moment as compared to the past year. Amdocs reported Enterprise Value over EBIT of 13.80 in 2021. Enterprise Value over EBITDA is likely to rise to 11.54 in 2022, whereas Book Value per Share is likely to drop 29.58 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.

Amdocs Quarterly Book Value per Share



Amdocs Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Amdocs market risk premium is the additional return an investor will receive from holding Amdocs 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 Amdocs. 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 Amdocs' performance over market.
α0.18   β0.73
90 days against DJI

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

Amdocs Market Price Analysis

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

Amdocs Return and Market Media

The median price of Amdocs for the period between Tue, Mar 29, 2022 and Mon, Jun 27, 2022 is 82.5 with a coefficient of variation of 3.13. The daily time series for the period is distributed with a sample standard deviation of 2.57, arithmetic mean of 82.27, and mean deviation of 2.04. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
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About Amdocs 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 Amdocs Limited 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)
PPandE Turnover7.346.567.5510.07
Calculated Tax Rate14.6515.4613.9213.17

Amdocs Upcoming Company Events

As portrayed in its financial statements, the presentation of Amdocs' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Amdocs' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Amdocs' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Amdocs. Please utilize our Beneish M Score to check the likelihood of Amdocs' management manipulating its earnings.
Upcoming Quarterly Report1st of February 2022
Next Financial Report11th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End1st of November 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Continue to Amdocs Backtesting, Amdocs Valuation, Amdocs Correlation, Amdocs Hype Analysis, Amdocs Volatility, Amdocs History and analyze Amdocs Performance. Note that the Amdocs Limited information on this page should be used as a complementary analysis to other Amdocs' 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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