Six Flags Entertainment Stock Alpha and Beta Analysis
| SIX Stock | USD 26.41 0.19 0.71% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Six Flags Entertainment. It also helps investors analyze the systematic and unsystematic risks associated with investing in Six Flags over a specified time horizon. Remember, high Six Flags' 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 Six Flags' market risk premium analysis include:
Beta 1.38 | Alpha 0.0174 | Risk 1.73 | Sharpe Ratio 0.0965 | Expected Return 0.17 |
Six Flags Quarterly Cash And Equivalents |
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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.
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Six Flags Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Six Flags market risk premium is the additional return an investor will receive from holding Six Flags 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 Six Flags. 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 Six Flags' performance over market.| α | 0.02 | β | 1.38 |
Six Flags 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 Six Flags' Buy-and-hold return. Our buy-and-hold chart shows how Six Flags performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Six Flags Market Price Analysis
Market price analysis indicators help investors to evaluate how Six Flags stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Six Flags shares will generate the highest return on investment. By understating and applying Six Flags stock market price indicators, traders can identify Six Flags position entry and exit signals to maximize returns.
Six Flags Return and Market Media
The median price of Six Flags for the period between Fri, Feb 23, 2024 and Thu, May 23, 2024 is 25.32 with a coefficient of variation of 4.04. The daily time series for the period is distributed with a sample standard deviation of 1.02, arithmetic mean of 25.17, and mean deviation of 0.87. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Six Flags Entertainment Co. Given Average Rating of Hold by Brokerages | 03/07/2024 |
2 | Acquisition by Denise Clark of 6390 shares of Six Flags subject to Rule 16b-3 | 03/22/2024 |
3 | Syngentas 9 Billion Shanghai IPO Withdrawal A Strategic Move Amid Market Concerns | 04/03/2024 |
4 | Buy the Dip 3 Suppressed Stocks With the Potential to Rip Higher | 04/24/2024 |
5 | Six Flags Announces Closing of Offering of 850 Million of 6.625 percent Senior Secured Notes due 2032 | 05/02/2024 |
6 | UBS AG UK Regulatory Announcement UBS 1Q24 net profit of USD 1.8bn and underlying PBT of USD 2.6bn integration priorities on track | 05/07/2024 |
7 | Six Flags Q1 2024 Earnings Preview | 05/08/2024 |
8 | Six Flags Q1 Earnings Snapshot | 05/09/2024 |
9 | Schlitterbahn owner takes huge hit as it seeks merger | 05/10/2024 |
10 | Insider Stock Buying Reaches AU2.19m On Sprintex | 05/13/2024 |
11 | Cedar Fair stock target cut, maintains buy on strong peak season performance | 05/15/2024 |
12 | Disposition of 2300 shares by Derek Sample of Six Flags at 26.44 subject to Rule 16b-3 | 05/21/2024 |
13 | Six Flags exec sells 60.8k in company stock | 05/22/2024 |
About Six Flags 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 Six or other stocks. Alpha measures the amount that position in Six Flags Entertainment 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.
| 2018 | 2019 | 2020 | 2024 (projected) | Payables Turnover | 3.7 | 3.96 | 1.28 | 1.22 | Days Of Inventory On Hand | 86.24 | 92.3 | 419.26 | 440.22 |
Six Flags Upcoming Company Events
As portrayed in its financial statements, the presentation of Six Flags' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Six Flags' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Six Flags' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Six Flags. Please utilize our Beneish M Score to check the likelihood of Six Flags' management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th 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 Six Flags
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Align your risk with return expectations
Check out Six Flags Backtesting, Six Flags Valuation, Six Flags Correlation, Six Flags Hype Analysis, Six Flags Volatility, Six Flags History and analyze Six Flags Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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When running Six Flags' price analysis, check to measure Six Flags' 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 Six Flags is operating at the current time. Most of Six Flags' value examination focuses on studying past and present price action to predict the probability of Six Flags' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Six Flags' price. Additionally, you may evaluate how the addition of Six Flags to your portfolios can decrease your overall portfolio volatility.
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Six Flags 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.