NexGen Energy (Germany) Alpha and Beta Analysis
| 6NE Stock | EUR 7.85 0.35 4.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NexGen Energy. It also helps investors analyze the systematic and unsystematic risks associated with investing in NexGen Energy over a specified time horizon. Remember, high NexGen Energy'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 NexGen Energy's market risk premium analysis include:
Beta 0.48 | Alpha 0.8 | Risk 4.05 | Sharpe Ratio 0.17 | Expected Return 0.71 |
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.
NexGen |
NexGen Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NexGen Energy market risk premium is the additional return an investor will receive from holding NexGen Energy 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 NexGen Energy. 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 NexGen Energy's performance over market.| α | 0.80 | β | 0.48 |
NexGen Energy 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 NexGen Energy's Buy-and-hold return. Our buy-and-hold chart shows how NexGen Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NexGen Energy Market Price Analysis
Market price analysis indicators help investors to evaluate how NexGen Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NexGen Energy shares will generate the highest return on investment. By understating and applying NexGen Energy stock market price indicators, traders can identify NexGen Energy position entry and exit signals to maximize returns.
NexGen Energy Return and Market Media
The median price of NexGen Energy for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 is 6.74 with a coefficient of variation of 14.72. The daily time series for the period is distributed with a sample standard deviation of 0.99, arithmetic mean of 6.71, and mean deviation of 0.8. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About NexGen Energy 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 NexGen or other stocks. Alpha measures the amount that position in NexGen Energy 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NexGen Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NexGen Energy's short interest history, or implied volatility extrapolated from NexGen Energy options trading.
Build Portfolio with NexGen Energy
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
Additional Information and Resources on Investing in NexGen Stock
When determining whether NexGen Energy is a strong investment it is important to analyze NexGen Energy'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 NexGen Energy's future performance. For an informed investment choice regarding NexGen Stock, refer to the following important reports:Check out NexGen Energy Backtesting, NexGen Energy Valuation, NexGen Energy Correlation, NexGen Energy Hype Analysis, NexGen Energy Volatility, NexGen Energy History and analyze NexGen Energy Performance. For more detail on how to invest in NexGen Stock please use our How to Invest in NexGen Energy guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
NexGen Energy 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.