HR Block Stock Alpha and Beta Analysis

HRB
 Stock
  

USD 43.30  0.20  0.46%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as HR Block. It also helps investors analyze the systematic and unsystematic risks associated with investing in HR Block over a specified time horizon. Remember, high HR Block'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 HR Block Backtesting, HR Block Valuation, HR Block Correlation, HR Block Hype Analysis, HR Block Volatility, HR Block History and analyze HR Block Performance.
  
Please note that although HR Block 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, HR Block did 0.14  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 HR Block stock's relative risk over its benchmark. HR Block has a beta of 0.73  . Let's try to break down what HR Block's beta means in this case. As returns on the market increase, HR Block returns are expected to increase less than the market. However, during the bear market, the loss on holding HR Block will be expected to be smaller as well.
HR Block Book Value per Share is projected to drop slightly based on the last few years of reporting. The past year's Book Value per Share was at 1.33. The current year Enterprise Value over EBIT is expected to grow to 13.95, whereas Price to Book Value is forecasted to decline to 26.60.
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

6.57 Billion

HR Block Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. HR Block market risk premium is the additional return an investor will receive from holding HR Block 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 HR Block. 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 HR Block's performance over market.
α-0.14   β0.73
90 days against DJI

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

HR Block Market Price Analysis

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

HR Block Return and Market Media

The median price of HR Block for the period between Tue, Aug 30, 2022 and Mon, Nov 28, 2022 is 41.9 with a coefficient of variation of 5.51. The daily time series for the period is distributed with a sample standard deviation of 2.33, arithmetic mean of 42.32, and mean deviation of 2.05. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Acquisition by Dara Redler of 7389 shares of HR Block subjec...09/02/2022
2
Acquisition by Karen Orosco of 13223 shares of HR Block subj...09/08/2022
3
Sale by Karen Orosco of 50000 shares of HR Block09/09/2022
4
HR Block Inc. stock falls Friday, still outperforms market -...09/16/2022
5
Is HR Block Stock Outpacing Its Consumer Discretionary Peers...09/30/2022
6
Exercise or conversion by Thomas Gerke of 560 shares of HR B...10/07/2022
7
EPS Estimate10/31/2022
8
EPS Reported11/01/2022
9
Should You Be Adding HR Block To Your Watchlist Today - Yaho...11/03/2022
10
Acquisition by Matthew Winter of 4679 shares of HR Block sub...11/08/2022
11
HR Block Shows Positive Progression in ESG Report - Marketsc...11/22/2022

About HR Block 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 HR Block or other stocks. Alpha measures the amount that position in HR Block 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 Equity40.064.237.037.94
Interest Coverage0.947.28.448.66

HR Block Upcoming Company Events

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

Build Portfolio with HR Block

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