Walgreens Stock Alpha and Beta Analysis

WBA
 Stock
  

USD 38.99  0.01  0.0257%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Walgreens Boots Alliance. It also helps investors analyze the systematic and unsystematic risks associated with investing in Walgreens Boots over a specified time horizon. Remember, high Walgreens Boots' 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.
Check out Walgreens Boots Backtesting, Walgreens Boots Valuation, Walgreens Boots Correlation, Walgreens Boots Hype Analysis, Walgreens Boots Volatility, Walgreens Boots History and analyze Walgreens Boots Performance.
  
Please note that although Walgreens Boots 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, Walgreens Boots did 0.10  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 Walgreens Boots Alliance stock's relative risk over its benchmark. Walgreens Boots Alliance has a beta of 1.01  . Let's try to break down what Walgreens's beta means in this case. Walgreens Boots returns are very sensitive to returns on the market. As the market goes up or down, Walgreens Boots is expected to follow.
Walgreens Boots Book Value per Share is projected to increase significantly based on the last few years of reporting. The past year's Book Value per Share was at 24.84. The current year Price to Book Value is expected to grow to 3.86, whereas Enterprise Value over EBIT is forecasted to decline to 18.01.
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

94.76 Billion

Walgreens Boots Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Walgreens Boots market risk premium is the additional return an investor will receive from holding Walgreens Boots 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 Walgreens Boots. 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 Walgreens Boots' performance over market.
α-0.1   β1.01
90 days against DJI

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

Walgreens Boots Market Price Analysis

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

Walgreens Boots Return and Market Media

The median price of Walgreens Boots for the period between Mon, May 9, 2022 and Sun, Aug 7, 2022 is 40.69 with a coefficient of variation of 5.21. The daily time series for the period is distributed with a sample standard deviation of 2.12, arithmetic mean of 40.69, and mean deviation of 1.86. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Acquisition by Jarrett Valerie B of 561 shares of Walgreens ...05/19/2022
2
EPS Estimate05/31/2022
3
Reliance and Apollo Reportedly Close in on Boots Buyout - Ma...06/03/2022
4
Walgreens Boots Alliance Resetting For A Comeback - Seeking ...06/13/2022
5
Walgreens Moves Into The Clinical Trial Business - TipRanks06/17/2022
6
Micron Technology Earnings Expected to Show Strong Growth - ...06/27/2022
7
EPS Reported06/30/2022
8
Wall Street Week Back to the 1970s for US equities, Walgreen...07/01/2022
9
Why Walgreens Boots Alliance Tumbled 13.5 percent in June - ...07/06/2022
10
Walgreens Boots Alliance Stock 42 Target And Sector Perform ...07/12/2022
11
Acquisition by Dominic Murphy of 671 shares of Walgreens Boo...07/15/2022
12
WBA Stock Forecast As Covid hype fades, What happens to it -...07/26/2022

About Walgreens Boots 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 Walgreens Boots Alliance 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 Equity0.590.330.290.34
Interest Coverage1.523.854.424.54

Walgreens Boots Upcoming Company Events

As portrayed in its financial statements, the presentation of Walgreens Boots' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Walgreens Boots' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Walgreens Boots' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Walgreens Boots. Please utilize our Beneish M Score to check the likelihood of Walgreens Boots' management manipulating its earnings.
Upcoming Quarterly Report30th of March 2022
Next Financial Report7th of July 2022
Next Fiscal Quarter End28th of February 2022
Next Fiscal Year End13th of October 2022
Last Quarter Report30th of November 2021
Last Financial Announcement28th of February 2021

Build Portfolio with Walgreens Boots

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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
Check out Walgreens Boots Backtesting, Walgreens Boots Valuation, Walgreens Boots Correlation, Walgreens Boots Hype Analysis, Walgreens Boots Volatility, Walgreens Boots History and analyze Walgreens Boots Performance. Note that the Walgreens Boots Alliance information on this page should be used as a complementary analysis to other Walgreens Boots' 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Walgreens Stock analysis

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