Cool Company Stock Alpha and Beta Analysis
| CLCO Stock | 8.48 0.33 3.75% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cool Company. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cool over a specified time horizon. Remember, high Cool'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 Cool's market risk premium analysis include:
Beta 0.41 | Alpha (0.43) | Risk 2.78 | Sharpe Ratio (0.08) | Expected Return (0.22) |
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.
Cool |
Cool Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cool market risk premium is the additional return an investor will receive from holding Cool 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 Cool. 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 Cool's performance over market.| α | -0.43 | β | 0.41 |
Cool 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 Cool's Buy-and-hold return. Our buy-and-hold chart shows how Cool performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Cool Market Price Analysis
Market price analysis indicators help investors to evaluate how Cool stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cool shares will generate the highest return on investment. By understating and applying Cool stock market price indicators, traders can identify Cool position entry and exit signals to maximize returns.
Cool Return and Market Media
The median price of Cool for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 11.13 with a coefficient of variation of 5.91. The daily time series for the period is distributed with a sample standard deviation of 0.64, arithmetic mean of 10.87, and mean deviation of 0.49. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Cool dividend paid on 16th of September 2024 | 09/16/2024 |
1 | New Strong Buy Stocks for September 24th | 09/24/2024 |
2 | Q2 2024 Cool Company Ltd Earnings Call Transcript | 10/09/2024 |
3 | Donald Smith Co. Increases Stake in Cool Co Ltd | 10/25/2024 |
4 | Cool Company Ltd. 2024 AGM Results Notification | 11/21/2024 |
5 | Cool Co Ltd Q3 2024 Earnings Call Highlights Navigating Market Challenges with ... | 11/22/2024 |
About Cool 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 Cool or other stocks. Alpha measures the amount that position in Cool 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.
| 2010 | 2023 | 2024 (projected) | Dividend Yield | 0.13 | 0.12 | 0.1 | Price To Sales Ratio | 0.081 | 1.89 | 1.37 |
Cool Upcoming Company Events
As portrayed in its financial statements, the presentation of Cool's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cool's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Cool's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Cool. Please utilize our Beneish M Score to check the likelihood of Cool's management manipulating its earnings.
| 28th of November 2023 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View | |
| 30th of June 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Cool
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 Cool Backtesting, Cool Valuation, Cool Correlation, Cool Hype Analysis, Cool Volatility, Cool History and analyze Cool Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Cool 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.