National Energy Services Stock Alpha and Beta Analysis
| NESR Stock | USD 8.66 0.08 0.93% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as National Energy Services. It also helps investors analyze the systematic and unsystematic risks associated with investing in National Energy over a specified time horizon. Remember, high National 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 National Energy's market risk premium analysis include:
Beta 0.87 | Alpha (0.25) | Risk 2.78 | Sharpe Ratio (0.01) | Expected Return (0.02) |
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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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National Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. National Energy market risk premium is the additional return an investor will receive from holding National 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 National 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 National Energy's performance over market.| α | -0.25 | β | 0.87 |
National 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 National Energy's Buy-and-hold return. Our buy-and-hold chart shows how National Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.National Energy Market Price Analysis
Market price analysis indicators help investors to evaluate how National 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 National Energy shares will generate the highest return on investment. By understating and applying National Energy stock market price indicators, traders can identify National Energy position entry and exit signals to maximize returns.
National Energy Return and Market Media
The median price of National Energy for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 9.2 with a coefficient of variation of 4.04. The daily time series for the period is distributed with a sample standard deviation of 0.37, arithmetic mean of 9.13, and mean deviation of 0.32. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | National Energy Services Reunited Shares Gap Down Heres What Happened | 10/11/2024 |
2 | NESR Announces Uplisting to Nasdaq Capital Market | 10/21/2024 |
3 | NESR secures drilling contracts exceeding 200M | 11/04/2024 |
4 | Discretionary transaction by Olayan Saudi Holding Co of 13340448 shares of National Energy subject to Rule 16b-3 | 11/15/2024 |
5 | National Energy Services Reunited Corp Q3 2024 Earnings Call Highlights Record Revenue ... | 11/20/2024 |
About National 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 National or other stocks. Alpha measures the amount that position in National Energy Services 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.005286 | 0.004698 | Price To Sales Ratio | 0.55 | 0.52 |
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 National 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, National Energy's short interest history, or implied volatility extrapolated from National Energy options trading.
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Additional Tools for National Stock Analysis
When running National Energy's price analysis, check to measure National Energy'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 National Energy is operating at the current time. Most of National Energy's value examination focuses on studying past and present price action to predict the probability of National Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Energy's price. Additionally, you may evaluate how the addition of National Energy to your portfolios can decrease your overall portfolio volatility.