Amdocs Stock Alpha and Beta Analysis
| DOX Stock | USD 84.93 0.11 0.13% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Amdocs. It also helps investors analyze the systematic and unsystematic risks associated with investing in Amdocs over a specified time horizon. Remember, high Amdocs' 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 Amdocs' market risk premium analysis include:
Beta 1.12 | Alpha (0.16) | Risk 1.01 | Sharpe Ratio (0.12) | Expected Return (0.12) |
Enterprise Value |
|
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.
Amdocs |
Amdocs Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Amdocs market risk premium is the additional return an investor will receive from holding Amdocs 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 Amdocs. 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 Amdocs' performance over market.| α | -0.16 | β | 1.12 |
Amdocs 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 Amdocs' Buy-and-hold return. Our buy-and-hold chart shows how Amdocs performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Amdocs Market Price Analysis
Market price analysis indicators help investors to evaluate how Amdocs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amdocs shares will generate the highest return on investment. By understating and applying Amdocs stock market price indicators, traders can identify Amdocs position entry and exit signals to maximize returns.
Amdocs Return and Market Media
The median price of Amdocs for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 is 90.64 with a coefficient of variation of 2.22. The daily time series for the period is distributed with a sample standard deviation of 2.0, arithmetic mean of 90.3, and mean deviation of 1.54. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Amdocs dividend paid on 26th of January 2024 | 01/26/2024 |
1 | Amdocs announces multi-year agreement with Australia-based TPG Telecom | 02/06/2024 |
2 | Dell Technologies Telecom Solutions Accelerate Network Cloud Transformation | 02/21/2024 |
3 | Customer Relationship Management Market To Reach USD 164.8 Billion By 2032 Report By DataHorizzon Research | 03/14/2024 |
4 | Want Better Returns Dont Ignore These 2 Computer and Technology Stocks Set to Beat Earnings | 03/19/2024 |
5 | Amdocs Reveals Insightful Generative AI Research | 03/21/2024 |
6 | VIAVI Demonstrates Leadership in RAN Intelligence Test and Training at 2024 RIC Forum | 03/28/2024 |
7 | Amdocs shareholders have earned a 13 percent CAGR over the last five years | 04/01/2024 |
8 | Versapay Appoints Gaby Kozakov as Chief Technology Officer | 04/02/2024 |
9 | DOX vs. DT Which Stock Is the Better Value Option | 04/09/2024 |
10 | DekaBank Deutsche Girozentrale Increases Holdings in Amdocs Limited - MarketBeat | 04/11/2024 |
11 | Xperi Mails Definitive Proxy Statement and Issues Letter to Stockholders Highlighting the Companys Transformation, Strategy and Business Progress | 04/17/2024 |
About Amdocs 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 Amdocs or other stocks. Alpha measures the amount that position in Amdocs 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 | 0.0193 | 0.0201 | 0.0231 | 0.0378 | Price To Sales Ratio | 2.1 | 2.03 | 2.34 | 3.4 |
Amdocs Upcoming Company Events
As portrayed in its financial statements, the presentation of Amdocs' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Amdocs' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Amdocs' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Amdocs. Please utilize our Beneish M Score to check the likelihood of Amdocs' management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Build Portfolio with Amdocs
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 Amdocs Backtesting, Amdocs Valuation, Amdocs Correlation, Amdocs Hype Analysis, Amdocs Volatility, Amdocs History and analyze Amdocs Performance. For more information on how to buy Amdocs Stock please use our How to Invest in Amdocs guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Amdocs Stock analysis
When running Amdocs' price analysis, check to measure Amdocs' 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 Amdocs is operating at the current time. Most of Amdocs' value examination focuses on studying past and present price action to predict the probability of Amdocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amdocs' price. Additionally, you may evaluate how the addition of Amdocs to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |
Amdocs 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.