Splunk Stock Alpha and Beta Analysis


USD 108.94  2.97  2.65%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Splunk Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Splunk over a specified time horizon. Remember, high Splunk'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.
Additionally, take a look at Splunk Backtesting, Splunk Valuation, Splunk Correlation, Splunk Hype Analysis, Splunk Volatility, Splunk History and analyze Splunk Performance.
Please note that although Splunk 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, Splunk did 0.12  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 Splunk Inc stock's relative risk over its benchmark. Splunk Inc has a beta of 2.20  . Let's try to break down what Splunk'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, Splunk will likely underperform.
Splunk Price to Book Value is decreasing as compared to previous years. The preceding year's Price to Book Value was reported at 8.03. The current Enterprise Value is estimated to increase to about 5 B, while Enterprise Value over EBITDA is projected to decrease to (19.86) .
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

4.96 Billion

Splunk Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Splunk market risk premium is the additional return an investor will receive from holding Splunk 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 Splunk. 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 Splunk's performance over market.
α0.12   β2.20
90 days against DJI

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

Splunk Market Price Analysis

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

Splunk Return and Market Media

The median price of Splunk for the period between Sat, May 21, 2022 and Fri, Aug 19, 2022 is 99.71 with a coefficient of variation of 8.11. The daily time series for the period is distributed with a sample standard deviation of 8.16, arithmetic mean of 100.62, and mean deviation of 6.97. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
EPS Reported05/25/2022
SPLUNK INC Managements Discussion and Analysis of Financial ...05/26/2022
QQQ Did You Miss The COVID Tech Boom No Worries - Seeking Al...06/07/2022
Sale by Jason Child of 2000 shares of Splunk06/10/2022
Why Shares Of Splunk Are Trading Lower - Benzinga - Benzinga06/13/2022
Payment of 13 shares by Bice Shawn of Splunk subject to Rule...06/14/2022
Splunk Announces Inducement Grants Under Listing Rule 5635 o...06/17/2022
Sale by Bice Shawn of 2772 shares of Splunk06/21/2022
Acquisition by Via Dennis of 2301 shares of Splunk subject t...07/01/2022
Artemis Investment Management LLP Buys 2, Sells 3 in 2nd Qua...07/22/2022
Splunk Receives New Coverage from Analysts at Guggenheim - M...08/12/2022

About Splunk 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 Splunk or other stocks. Alpha measures the amount that position in Splunk 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.
 2019 2020 2021 2022 (projected)
PPandE Turnover14.9713.0917.3817.15
Long Term Debt to Equity0.861.4414.0915.2

Splunk Upcoming Company Events

As portrayed in its financial statements, the presentation of Splunk's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Splunk's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Splunk's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Splunk. Please utilize our Beneish M Score to check the likelihood of Splunk's management manipulating its earnings.
Upcoming Quarterly Report2nd of March 2022
Next Financial Report1st of June 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End2nd of March 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

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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 Splunk Backtesting, Splunk Valuation, Splunk Correlation, Splunk Hype Analysis, Splunk Volatility, Splunk History and analyze Splunk Performance. Note that the Splunk Inc information on this page should be used as a complementary analysis to other Splunk'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Splunk Stock analysis

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