Seneca Stock Alpha and Beta Analysis

SENEA
 Stock
  

USD 66.13  1.85  2.88%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Seneca Foods Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Seneca Foods over a specified time horizon. Remember, high Seneca Foods' 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.
Additionally, take a look at Seneca Foods Backtesting, Seneca Foods Valuation, Seneca Foods Correlation, Seneca Foods Hype Analysis, Seneca Foods Volatility, Seneca Foods History and analyze Seneca Foods Performance.
  
Please note that although Seneca Foods 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, Seneca Foods did 0.21  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 Seneca Foods Corp stock's relative risk over its benchmark. Seneca Foods Corp has a beta of 0.80  . Let's try to break down what Seneca's beta means in this case. As returns on the market increase, Seneca Foods returns are expected to increase less than the market. However, during the bear market, the loss on holding Seneca Foods will be expected to be smaller as well.
Seneca Foods Enterprise Value over EBIT is projected to decrease significantly based on the last few years of reporting. The past year's Enterprise Value over EBIT was at 6.30. The current year Enterprise Value over EBITDA is expected to grow to 6.14, whereas Book Value per Share is forecasted to decline to 32.99.
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

523.66 Million

Seneca Foods Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Seneca Foods market risk premium is the additional return an investor will receive from holding Seneca Foods 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 Seneca Foods. 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 Seneca Foods' performance over market.
α0.21   β0.80
90 days against NYA

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

Seneca Foods Market Price Analysis

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

Seneca Foods Return and Market Media

The median price of Seneca Foods for the period between Fri, Sep 2, 2022 and Thu, Dec 1, 2022 is 57.66 with a coefficient of variation of 10.2. The daily time series for the period is distributed with a sample standard deviation of 5.84, arithmetic mean of 57.3, and mean deviation of 5.21. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
EPS Estimate09/30/2022
2
Canadian Pacific Holiday Train to make six festive stops in ...10/25/2022
3
EPS Reported11/09/2022

About Seneca Foods 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 Seneca or other stocks. Alpha measures the amount that position in Seneca Foods Corp 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.
 2020 2021 2022 (projected)
Long Term Debt to Equity0.20.220.23
Interest Coverage29.5612.4710.17

Seneca Foods Upcoming Company Events

As portrayed in its financial statements, the presentation of Seneca Foods' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Seneca Foods' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Seneca Foods' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Seneca Foods. Please utilize our Beneish M Score to check the likelihood of Seneca Foods' management manipulating its earnings.
Upcoming Quarterly Report2nd of February 2022
Next Fiscal Quarter End31st of December 2021

Build Portfolio with Seneca Foods

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
Additionally, take a look at Seneca Foods Backtesting, Seneca Foods Valuation, Seneca Foods Correlation, Seneca Foods Hype Analysis, Seneca Foods Volatility, Seneca Foods History and analyze Seneca Foods Performance. Note that the Seneca Foods Corp information on this page should be used as a complementary analysis to other Seneca Foods' 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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