National Grid Plc Stock Alpha and Beta Analysis
| NGG Stock | USD 63.10 0.17 0.27% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as National Grid PLC. It also helps investors analyze the systematic and unsystematic risks associated with investing in National Grid over a specified time horizon. Remember, high National Grid'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 Grid's market risk premium analysis include:
Beta 0.16 | Alpha (0.07) | Risk 1.03 | Sharpe Ratio (0.08) | Expected Return (0.08) |
National Grid Quarterly Cash And Equivalents |
|
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.
National |
National Grid Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. National Grid market risk premium is the additional return an investor will receive from holding National Grid 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 Grid. 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 Grid's performance over market.| α | -0.07 | β | 0.16 |
National Grid 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 Grid's Buy-and-hold return. Our buy-and-hold chart shows how National Grid performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.National Grid Market Price Analysis
Market price analysis indicators help investors to evaluate how National Grid 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 Grid shares will generate the highest return on investment. By understating and applying National Grid stock market price indicators, traders can identify National Grid position entry and exit signals to maximize returns.
National Grid Return and Market Media
The median price of National Grid for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 66.6 with a coefficient of variation of 3.5. The daily time series for the period is distributed with a sample standard deviation of 2.33, arithmetic mean of 66.64, and mean deviation of 1.9. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | National Grid says performance in line with expectations, Citi cuts rating | 10/03/2024 |
2 | China is winning in every imaginable way when it comes to energy and industry | 10/18/2024 |
3 | Green energy plan needs 600 miles of power lines - report | 11/05/2024 |
4 | Half Year 2025 National Grid PLC Earnings Call Transcript | 11/08/2024 |
5 | Gas boilers to be banned in new homes by 2027 | 11/11/2024 |
6 | National Grid Has Announced That Its Dividend Will Be Reduced To 0.1584 | 11/12/2024 |
7 | Drax Explores Options to Sell Biomass Power to UK Data Center | 11/13/2024 |
8 | UK Approves 2.5 Billion Funding for Power Link to North Sea Wind Farms | 11/15/2024 |
9 | Is National Grid the Most Profitable Renewable Energy Stock Now | 11/19/2024 |
10 | Snow brings day of disruption across Devon | 11/21/2024 |
About National Grid 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 Grid PLC 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) | Dividend Yield | 0.0238 | 0.0436 | 0.0454 | 0.0399 | Price To Sales Ratio | 2.12 | 1.7 | 1.91 | 2.43 |
National Grid Upcoming Company Events
As portrayed in its financial statements, the presentation of National Grid's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, National Grid's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of National Grid's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of National Grid. Please utilize our Beneish M Score to check the likelihood of National Grid's management manipulating its earnings.
| 18th of May 2023 Upcoming Quarterly Report | View | |
| 31st of March 2023 Next Fiscal Quarter End | View | |
| 18th of May 2023 Next Fiscal Year End | View | |
| 31st of December 2022 Last Quarter Report | View | |
| 31st of March 2022 Last Financial Announcement | View |
Build Portfolio with National Grid
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 National Grid Backtesting, National Grid Valuation, National Grid Correlation, National Grid Hype Analysis, National Grid Volatility, National Grid History and analyze National Grid Performance. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
National Grid 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.