Harley Stock Alpha and Beta Analysis

HOG
 Stock
  

USD 31.99  0.58  1.78%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Harley-Davidson. It also helps investors analyze the systematic and unsystematic risks associated with investing in Harley Davidson over a specified time horizon. Remember, high Harley Davidson'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 Harley Davidson Backtesting, Harley Davidson Valuation, Harley Davidson Correlation, Harley Davidson Hype Analysis, Harley Davidson Volatility, Harley Davidson History and analyze Harley Davidson Performance.
  
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Please note that although Harley Davidson 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, Harley Davidson did 0.13  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 Harley-Davidson stock's relative risk over its benchmark. Harley-Davidson has a beta of 1.93  . Let's try to break down what Harley'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, Harley Davidson will likely underperform.
Harley Davidson Enterprise Value over EBITDA is projected to increase significantly based on the last few years of reporting. The past year's Enterprise Value over EBITDA was at 12.75. The current year Price to Book Value is expected to grow to 2.90, whereas Book Value per Share is forecasted to decline to 15.62.
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.

Harley Davidson Quarterly Book Value per Share

16.306

Harley Davidson Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Harley Davidson market risk premium is the additional return an investor will receive from holding Harley Davidson 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 Harley Davidson. 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 Harley Davidson's performance over market.
α0.13   β1.93
90 days against DJI

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

Harley Davidson Market Price Analysis

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

Harley Davidson Return and Market Media

The median price of Harley Davidson for the period between Thu, Apr 7, 2022 and Wed, Jul 6, 2022 is 36.16 with a coefficient of variation of 8.05. The daily time series for the period is distributed with a sample standard deviation of 2.85, arithmetic mean of 35.46, and mean deviation of 2.41. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
These 4 Measures Indicate That Harley-Davidson Is Using Debt...04/20/2022
2
Sale by Kornetzke Mark R of 2868 shares of Harley Davidson04/25/2022
3
EPS Reported04/27/2022
4
Exercise or conversion by Paul Krause of 1369 shares of Harl...05/02/2022
5
Exercise or conversion by Osullivan Coyne Edel M of 1587 sha...05/06/2022
6
VR1000 tribute A two-faced Buell S1 from GDesign - Bike EXIF05/13/2022
7
Filing05/18/2022
8
Exercise or conversion by Troy Alstead of 2642 shares of Har...05/20/2022
9
Exercise or conversion by Maryrose Sylvester of 2642 shares ...05/24/2022
10
Do Institutions Own Harley-Davidson, Inc. Shares - Yahoo Fin...05/25/2022
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Harley-Davidson to Restart Wisconsin, Pennsylvania Plants - ...06/03/2022
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Harley-Davidson Street Glide ST review Another icon of the A...06/09/2022
13
The 1969 Harley-Davidson XR750 Werner Prototype Flat Track R...06/29/2022
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EPS Estimate07/01/2022
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THE 10 MOST DISAPPOINTING MOTORCYCLES IN DIRT BIKE HISTORY -...07/05/2022

About Harley Davidson 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 Harley-Davidson 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 Equity2.843.441.81.86
Interest Coverage17.880.3126.5927.29

Harley Davidson Upcoming Company Events

As portrayed in its financial statements, the presentation of Harley Davidson's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Harley Davidson's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Harley Davidson's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Harley Davidson. Please utilize our Beneish M Score to check the likelihood of Harley Davidson's management manipulating its earnings.
Upcoming Quarterly Report8th of February 2022
Next Financial Report18th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End8th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Please check Harley Davidson Backtesting, Harley Davidson Valuation, Harley Davidson Correlation, Harley Davidson Hype Analysis, Harley Davidson Volatility, Harley Davidson History and analyze Harley Davidson Performance. Note that the Harley-Davidson information on this page should be used as a complementary analysis to other Harley Davidson'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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Harley Stock analysis

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