Neovolta Common Stock Stock Alpha and Beta Analysis
| NEOV Stock | USD 5.57 0.23 3.97% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NeoVolta Common Stock. It also helps investors analyze the systematic and unsystematic risks associated with investing in NeoVolta Common over a specified time horizon. Remember, high NeoVolta Common'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 NeoVolta Common's market risk premium analysis include:
Beta 1.02 | Alpha 1.18 | Risk 5.74 | Sharpe Ratio 0.24 | Expected Return 1.35 |
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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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NeoVolta Common Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NeoVolta Common market risk premium is the additional return an investor will receive from holding NeoVolta Common 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 NeoVolta Common. 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 NeoVolta Common's performance over market.| α | 1.18 | β | 1.02 |
NeoVolta Common 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 NeoVolta Common's Buy-and-hold return. Our buy-and-hold chart shows how NeoVolta Common performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NeoVolta Common Market Price Analysis
Market price analysis indicators help investors to evaluate how NeoVolta Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NeoVolta Common shares will generate the highest return on investment. By understating and applying NeoVolta Common stock market price indicators, traders can identify NeoVolta Common position entry and exit signals to maximize returns.
NeoVolta Common Return and Market Media
The median price of NeoVolta Common for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 3.17 with a coefficient of variation of 24.45. The daily time series for the period is distributed with a sample standard deviation of 0.85, arithmetic mean of 3.47, and mean deviation of 0.64. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | NeoVolta Secures 5 Million Line of Credit, Strengthens Financial Position | 09/04/2024 |
2 | NeoVolta Inc Stock Price Up 6.84 percent on Sep 9 | 09/09/2024 |
3 | Were Not Very Worried About NeoVoltas Cash Burn Rate | 09/30/2024 |
4 | NeoVolta secures 1.4 million deal with National Renewable Energy Partners | 10/02/2024 |
5 | Acquisition by Amos James F of 36609 shares of NeoVolta Common subject to Rule 16b-3 | 10/18/2024 |
6 | 10,100 Shares in NeoVolta Inc. Acquired by Centennial Wealth Advisory LLC | 11/07/2024 |
7 | NeoVolta 250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program | 11/13/2024 |
About NeoVolta Common 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 NeoVolta or other stocks. Alpha measures the amount that position in NeoVolta Common Stock 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 18.51 | 401.57 | 461.8 | 270.2 | Days Of Inventory On Hand | 214.63 | 340.31 | 305.6 | 212.1 |
NeoVolta Common Upcoming Company Events
As portrayed in its financial statements, the presentation of NeoVolta Common's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NeoVolta Common's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of NeoVolta Common's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of NeoVolta Common. Please utilize our Beneish M Score to check the likelihood of NeoVolta Common's management manipulating its earnings.
| 9th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Tools for NeoVolta Stock Analysis
When running NeoVolta Common's price analysis, check to measure NeoVolta Common'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 NeoVolta Common is operating at the current time. Most of NeoVolta Common's value examination focuses on studying past and present price action to predict the probability of NeoVolta Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeoVolta Common's price. Additionally, you may evaluate how the addition of NeoVolta Common to your portfolios can decrease your overall portfolio volatility.