Wolverine World Wide Stock Alpha and Beta Analysis
| WWW Stock | USD 13.73 0.11 0.81% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Wolverine World Wide. It also helps investors analyze the systematic and unsystematic risks associated with investing in Wolverine World over a specified time horizon. Remember, high Wolverine World'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 Wolverine World's market risk premium analysis include:
Beta 0.48 | Alpha 0.53 | Risk 2.93 | Sharpe Ratio 0.23 | Expected Return 0.68 |
Wolverine World 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.
Wolverine |
Wolverine World Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Wolverine World market risk premium is the additional return an investor will receive from holding Wolverine World 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 Wolverine World. 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 Wolverine World's performance over market.| α | 0.53 | β | 0.48 |
Wolverine World 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 Wolverine World's Buy-and-hold return. Our buy-and-hold chart shows how Wolverine World performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Wolverine World Market Price Analysis
Market price analysis indicators help investors to evaluate how Wolverine World stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wolverine World shares will generate the highest return on investment. By understating and applying Wolverine World stock market price indicators, traders can identify Wolverine World position entry and exit signals to maximize returns.
Wolverine World Return and Market Media
The median price of Wolverine World for the period between Wed, Mar 6, 2024 and Tue, Jun 4, 2024 is 10.45 with a coefficient of variation of 14.32. The daily time series for the period is distributed with a sample standard deviation of 1.58, arithmetic mean of 11.01, and mean deviation of 1.32. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Wolverine Boots History 1000 Mile, Americana Aesthetic and More | 03/14/2024 |
2 | Disposition of 2045 shares by Christopher Hufnagel of Wolverine World at 8.79 subject to Rule 16b-3 | 03/25/2024 |
3 | Ryan Reynolds and Rob McElhenney say they have no dignity when it comes to long-running projects | 04/29/2024 |
| Wolverine World dividend paid on 1st of May 2024 | 05/01/2024 |
4 | Marvel announces new tactic that could improve reputation | 05/07/2024 |
5 | Q1 2024 Wolverine World Wide Inc Earnings Call Transcript | 05/09/2024 |
6 | Wolverine World Wide Is Paying Out A Dividend Of 0.10 | 05/10/2024 |
7 | Q2 2024 EPS Estimates for Wolverine World Wide, Inc. Lowered by Seaport Res Ptn - MarketBeat | 05/13/2024 |
8 | Marvel confirms Daredevil Born Again and Agatha release dates and reveals when Ironheart will finally land on Disney Plus | 05/15/2024 |
9 | Acquisition by Nicholas Long of 16733 shares of Wolverine World subject to Rule 16b-3 | 05/16/2024 |
10 | Deadpool And Wolverine Has Strongest Day-One Ticket Pre-Sales In Franchise History At Fandango | 05/21/2024 |
11 | Are Consumer Discretionary Stocks Lagging Super Group This Year | 05/24/2024 |
12 | Unveiling Wolverine World Wide s Value Is It Really Priced Right A Comprehensive Guide | 05/28/2024 |
13 | Reflecting On Footwear Stocks Q1 Earnings Skechers | 05/29/2024 |
14 | When Should You Buy Wolverine World Wide, Inc. | 05/31/2024 |
About Wolverine World 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 Wolverine or other stocks. Alpha measures the amount that position in Wolverine World Wide 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 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0112 | 0.0377 | 0.0339 | 0.0356 | Price To Sales Ratio | 0.84 | 0.32 | 0.29 | 0.28 |
Wolverine World Upcoming Company Events
As portrayed in its financial statements, the presentation of Wolverine World's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Wolverine World's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Wolverine World's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Wolverine World. Please utilize our Beneish M Score to check the likelihood of Wolverine World's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Wolverine Stock Analysis
When running Wolverine World's price analysis, check to measure Wolverine World'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 Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.