Where Food Comes Stock Alpha and Beta Analysis
| WFCF Stock | USD 12.50 0.09 0.71% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Where Food Comes. It also helps investors analyze the systematic and unsystematic risks associated with investing in Where Food over a specified time horizon. Remember, high Where Food'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 Where Food's market risk premium analysis include:
Beta 0.61 | Alpha 0.0426 | Risk 3.3 | Sharpe Ratio 0.0094 | Expected Return 0.0309 |
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.
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Where Food Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Where Food market risk premium is the additional return an investor will receive from holding Where Food 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 Where Food. 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 Where Food's performance over market.| α | 0.04 | β | 0.61 |
Where Food 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 Where Food's Buy-and-hold return. Our buy-and-hold chart shows how Where Food performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Where Food Market Price Analysis
Market price analysis indicators help investors to evaluate how Where Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Where Food shares will generate the highest return on investment. By understating and applying Where Food stock market price indicators, traders can identify Where Food position entry and exit signals to maximize returns.
Where Food Return and Market Media
The median price of Where Food for the period between Fri, Mar 8, 2024 and Thu, Jun 6, 2024 is 12.0 with a coefficient of variation of 5.35. The daily time series for the period is distributed with a sample standard deviation of 0.63, arithmetic mean of 11.83, and mean deviation of 0.51. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Where Food Comes From Stock Price Crosses Below Two Hundred Day Moving Average of 13.06 - MarketBeat | 04/17/2024 |
2 | Where Food Comes From Shares Cross Below Two Hundred Day Moving Average of 12.97 - MarketBeat | 04/25/2024 |
3 | Where Food Comes From Scheduled to Post Quarterly Earnings on Thursday - MarketBeat | 05/01/2024 |
4 | Where Food Comes From, Inc. Reports 2024 First Quarter Financial Results | 05/02/2024 |
5 | Where Food Comes From, Inc. Q1 2024 Earnings Call Transcript | 05/06/2024 |
6 | Zacks Initiates Coverage of Where Food Comes From With Neutral Recommendation | 05/21/2024 |
7 | China food security law comes into force, aims for absolute self-sufficiency - Moneycontrol | 05/31/2024 |
About Where Food 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 Where or other stocks. Alpha measures the amount that position in Where Food Comes 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 | 0.0119 | 0.0205 | Price To Sales Ratio | 2.96 | 2.81 |
Where Food Upcoming Company Events
As portrayed in its financial statements, the presentation of Where Food's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Where Food's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Where Food's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Where Food. Please utilize our Beneish M Score to check the likelihood of Where Food's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Information and Resources on Investing in Where Stock
When determining whether Where Food Comes is a strong investment it is important to analyze Where Food's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Where Food's future performance. For an informed investment choice regarding Where Stock, refer to the following important reports:Check out Where Food Backtesting, Where Food Valuation, Where Food Correlation, Where Food Hype Analysis, Where Food Volatility, Where Food History and analyze Where Food Performance. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Where Food 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.