Quebecor Stock Alpha and Beta Analysis
| QBR-A Stock | CAD 28.97 0.02 0.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Quebecor. It also helps investors analyze the systematic and unsystematic risks associated with investing in Quebecor over a specified time horizon. Remember, high Quebecor'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. Key technical indicators related to Quebecor's market risk premium analysis include:
Beta (0.18) | Alpha (0.35) | Risk 1.96 | Sharpe Ratio (0.14) | Expected Return (0.27) |
Enterprise Value |
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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.
Quebecor |
Quebecor Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Quebecor market risk premium is the additional return an investor will receive from holding Quebecor 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 Quebecor. 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 Quebecor's performance over market.| α | -0.35 | β | -0.18 |
Quebecor 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 Quebecor's Buy-and-hold return. Our buy-and-hold chart shows how Quebecor performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Quebecor Market Price Analysis
Market price analysis indicators help investors to evaluate how Quebecor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quebecor shares will generate the highest return on investment. By understating and applying Quebecor stock market price indicators, traders can identify Quebecor position entry and exit signals to maximize returns.
Quebecor Return and Market Media
The median price of Quebecor for the period between Tue, Jan 30, 2024 and Mon, Apr 29, 2024 is 31.3 with a coefficient of variation of 6.95. The daily time series for the period is distributed with a sample standard deviation of 2.19, arithmetic mean of 31.57, and mean deviation of 1.71. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Quebecor Shares Cross Above 200-Day Moving Average of 30.76 - MarketBeat | 02/14/2024 |
2 | Closing Bell Quebecor Inc Cl B Sv up on Wednesday - The Globe and Mail | 03/20/2024 |
3 | CIBC Trims Quebecor Target Price to C39.00 - MarketBeat | 04/04/2024 |
4 | Why Quebecor Inc. Looks Like A Quality Company - Yahoo Finance | 04/15/2024 |
5 | Brokers Offer Predictions for Quebecors FY2024 Earnings - Defense World | 04/19/2024 |
6 | Closing Bell Quebecor Inc Cl B Sv down on Wednesday - The Globe and Mail | 04/24/2024 |
About Quebecor 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 Quebecor or other stocks. Alpha measures the amount that position in Quebecor 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.038 | 0.0396 | 0.0343 | 0.0367 | Price To Sales Ratio | 1.55 | 1.57 | 1.49 | 1.56 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Quebecor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Quebecor's short interest history, or implied volatility extrapolated from Quebecor options trading.
Build Portfolio with Quebecor
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.Build Diversified Portfolios
Align your risk with return expectations
Check out Quebecor Backtesting, Quebecor Valuation, Quebecor Correlation, Quebecor Hype Analysis, Quebecor Volatility, Quebecor History and analyze Quebecor Performance. Note that the Quebecor information on this page should be used as a complementary analysis to other Quebecor'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 the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Quebecor Stock analysis
When running Quebecor's price analysis, check to measure Quebecor'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 Quebecor is operating at the current time. Most of Quebecor's value examination focuses on studying past and present price action to predict the probability of Quebecor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quebecor's price. Additionally, you may evaluate how the addition of Quebecor to your portfolios can decrease your overall portfolio volatility.
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Quebecor 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.