The Hackett Group Stock Alpha and Beta Analysis
| HCKT Stock | USD 22.31 0.32 1.46% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as The Hackett Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hackett over a specified time horizon. Remember, high Hackett'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 Hackett's market risk premium analysis include:
Beta 0.8 | Alpha (0.20) | Risk 1.06 | Sharpe Ratio (0.16) | Expected Return (0.17) |
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.
Hackett |
Hackett Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hackett market risk premium is the additional return an investor will receive from holding Hackett 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 Hackett. 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 Hackett's performance over market.| α | -0.2 | β | 0.80 |
Hackett 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 Hackett's Buy-and-hold return. Our buy-and-hold chart shows how Hackett performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Hackett Market Price Analysis
Market price analysis indicators help investors to evaluate how Hackett stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hackett shares will generate the highest return on investment. By understating and applying Hackett stock market price indicators, traders can identify Hackett position entry and exit signals to maximize returns.
Hackett Return and Market Media
The median price of Hackett for the period between Mon, Mar 4, 2024 and Sun, Jun 2, 2024 is 22.6 with a coefficient of variation of 5.05. The daily time series for the period is distributed with a sample standard deviation of 1.16, arithmetic mean of 22.99, and mean deviation of 1.06. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Here is Why Growth Investors Should Buy Hackett Group Now | 03/11/2024 |
| Hackett dividend paid on 5th of April 2024 | 04/05/2024 |
2 | The Hackett Group, Inc.s Stock Been Rising Are Strong Financials Guiding The Market - Yahoo News Canada | 04/08/2024 |
3 | Disposition of 350000 shares by David Dungan of Hackett at 23.5 subject to Rule 16b-3 | 04/23/2024 |
4 | At US22.14, Is It Time To Put The Hackett Group, Inc. On Your Watch List | 05/06/2024 |
5 | Hackett Group Q1 Earnings Snapshot | 05/07/2024 |
6 | The Hackett Group declares 0.11 dividend | 05/08/2024 |
7 | Team develops an epigenome editing toolkit to dissect the mechanisms of gene regulation | 05/09/2024 |
8 | Barrington Research Reiterates Hackett Group Inc Outperform Recommendation - MSN | 05/21/2024 |
9 | New Multi-Process Human Resources Outsourcing Vendor Research Reveals Organizations Are Not Fully Using Digital Capabilities | 05/30/2024 |
About Hackett 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 Hackett or other stocks. Alpha measures the amount that position in Hackett Group 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.
| 2016 | 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0346 | 0.0209 | 0.0194 | 0.0153 | Price To Sales Ratio | 1.8 | 2.21 | 2.09 | 1.77 |
Hackett Upcoming Company Events
As portrayed in its financial statements, the presentation of Hackett's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hackett's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Hackett's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Hackett. Please utilize our Beneish M Score to check the likelihood of Hackett's management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Hackett
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 Hackett Backtesting, Hackett Valuation, Hackett Correlation, Hackett Hype Analysis, Hackett Volatility, Hackett History and analyze Hackett Performance. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Hackett Stock analysis
When running Hackett's price analysis, check to measure Hackett'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 Hackett is operating at the current time. Most of Hackett's value examination focuses on studying past and present price action to predict the probability of Hackett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hackett's price. Additionally, you may evaluate how the addition of Hackett to your portfolios can decrease your overall portfolio volatility.
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Hackett 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.