Honest Company Stock Alpha and Beta Analysis
| HNST Stock | USD 3.17 0.04 1.28% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Honest Company. It also helps investors analyze the systematic and unsystematic risks associated with investing in Honest over a specified time horizon. Remember, high Honest'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 Honest's market risk premium analysis include:
Beta 2.45 | Alpha (0.16) | Risk 5.06 | Sharpe Ratio 0.0035 | Expected Return 0.0175 |
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.
Honest |
Honest Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Honest market risk premium is the additional return an investor will receive from holding Honest 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 Honest. 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 Honest's performance over market.| α | -0.16 | β | 2.45 |
Honest 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 Honest's Buy-and-hold return. Our buy-and-hold chart shows how Honest performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Honest Market Price Analysis
Market price analysis indicators help investors to evaluate how Honest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Honest shares will generate the highest return on investment. By understating and applying Honest stock market price indicators, traders can identify Honest position entry and exit signals to maximize returns.
| Price Series Summation | ||
| Price Series Division | ||
| Inverse Tangent Over Price Movement | ||
| Price Ceiling Movement | ||
| Aroon Oscillator | ||
| Balance Of Power | ||
| Bollinger Bands | ||
| Double Exponential Moving Average | ||
| Belt hold | ||
| Belt hold |
Honest Return and Market Media
The median price of Honest for the period between Sun, Feb 11, 2024 and Sat, May 11, 2024 is 3.35 with a coefficient of variation of 14.48. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 3.5, and mean deviation of 0.43. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Do Analysts Agree Tuesday on Honest Company Inc Stocks Target Price - InvestorsObserver | 02/20/2024 |
2 | Honest exotic insider transaction detected | 03/01/2024 |
3 | The Honest Company Delivers Impressive Q4, Stock Jumps 29 | 03/06/2024 |
4 | Insider Selling The Honest Company, Inc. EVP Sells 63,714.60 in Stock | 03/11/2024 |
5 | Q4 Personal Care Earnings Review First Prize Goes to The Honest Company - The Globe and Mail | 04/02/2024 |
6 | Lake Street starts The Honest Company stock with Buy, eyes clean product demand | 04/04/2024 |
7 | Why The Honest Company Shares Are Falling Today | 04/10/2024 |
8 | Disposition of 276113 shares by Jessica Warren of Honest at 3.0674 subject to Rule 16b-3 | 04/17/2024 |
9 | Disposition of 265820 shares by Jessica Warren of Honest at 3.0557 subject to Rule 16b-3 | 04/18/2024 |
10 | Honest company executive sells over 2.4 million in stock | 04/19/2024 |
11 | The Honest Company to Report First Quarter Financial Results on May 8, 2024 | 04/24/2024 |
12 | Disposition of tradable shares by Barton Katherine of Honest subject to Rule 16b-3 | 04/26/2024 |
13 | The Honest Company Delivers Impressive Q4, Stock Jumps 29 percent - The Globe and Mail | 05/01/2024 |
14 | Honest Reports Q1 Loss, Tops Revenue Estimates | 05/08/2024 |
15 | HNST Stock Earnings Honest Co Beats EPS, Beats Revenue for Q1 2024 | 05/09/2024 |
16 | Honest Company First Quarter 2024 Earnings US0.015 loss per share | 05/10/2024 |
About Honest 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 Honest or other stocks. Alpha measures the amount that position in Honest Company 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0547 | 0.0486 | Price To Sales Ratio | 0.9 | 0.86 |
Honest Upcoming Company Events
As portrayed in its financial statements, the presentation of Honest's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Honest's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Honest's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Honest. Please utilize our Beneish M Score to check the likelihood of Honest's management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of March 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 Honest
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 Honest Backtesting, Honest Valuation, Honest Correlation, Honest Hype Analysis, Honest Volatility, Honest History and analyze Honest Performance. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Honest Stock analysis
When running Honest's price analysis, check to measure Honest'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 Honest is operating at the current time. Most of Honest's value examination focuses on studying past and present price action to predict the probability of Honest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honest's price. Additionally, you may evaluate how the addition of Honest to your portfolios can decrease your overall portfolio volatility.
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| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
Honest 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.