Nextego Nv Ordinary Stock Alpha and Beta Analysis
| EGOX Stock | 0.0001 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NexteGO NV Ordinary. It also helps investors analyze the systematic and unsystematic risks associated with investing in NexteGO NV over a specified time horizon. Remember, high NexteGO NV'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 NexteGO NV's market risk premium analysis include:
Beta (12.00) | Alpha 6.28 | Risk 135.29 | Sharpe Ratio 0.14 | Expected Return 19.06 |
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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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NexteGO NV Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NexteGO NV market risk premium is the additional return an investor will receive from holding NexteGO NV 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 NexteGO NV. 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 NexteGO NV's performance over market.| α | 6.28 | β | -12 |
NexteGO NV 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 NexteGO NV's Buy-and-hold return. Our buy-and-hold chart shows how NexteGO NV performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NexteGO NV Market Price Analysis
Market price analysis indicators help investors to evaluate how NexteGO NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NexteGO NV shares will generate the highest return on investment. By understating and applying NexteGO NV stock market price indicators, traders can identify NexteGO NV position entry and exit signals to maximize returns.
NexteGO NV Return and Market Media
The median price of NexteGO NV for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 1.0E-4 with a coefficient of variation of 46.42. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.0, and mean deviation of 0.0. The Stock received a lot of media exposure during the period. Price Growth (%) |
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About NexteGO NV 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 NexteGO or other stocks. Alpha measures the amount that position in NexteGO NV Ordinary 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 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 264.26 | 161.75 | 186.01 | 234.3 | PTB Ratio | 0.24 | 0.35 | 0.32 | 0.23 |
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 NexteGO NV 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, NexteGO NV's short interest history, or implied volatility extrapolated from NexteGO NV options trading.
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Additional Tools for NexteGO Stock Analysis
When running NexteGO NV's price analysis, check to measure NexteGO NV'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 NexteGO NV is operating at the current time. Most of NexteGO NV's value examination focuses on studying past and present price action to predict the probability of NexteGO NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexteGO NV's price. Additionally, you may evaluate how the addition of NexteGO NV to your portfolios can decrease your overall portfolio volatility.