Nano Dimension Stock Alpha and Beta Analysis
| NNDM Stock | USD 2.28 0.17 8.06% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nano Dimension. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nano Dimension over a specified time horizon. Remember, high Nano Dimension'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 Nano Dimension's market risk premium analysis include:
Beta 0.47 | Alpha (0.09) | Risk 2.53 | Sharpe Ratio (0.03) | Expected Return (0.07) |
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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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Nano Dimension Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nano Dimension market risk premium is the additional return an investor will receive from holding Nano Dimension 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 Nano Dimension. 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 Nano Dimension's performance over market.| α | -0.09 | β | 0.47 |
Nano Dimension 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 Nano Dimension's Buy-and-hold return. Our buy-and-hold chart shows how Nano Dimension performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nano Dimension Market Price Analysis
Market price analysis indicators help investors to evaluate how Nano Dimension stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nano Dimension shares will generate the highest return on investment. By understating and applying Nano Dimension stock market price indicators, traders can identify Nano Dimension position entry and exit signals to maximize returns.
Nano Dimension Return and Market Media
The median price of Nano Dimension for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 2.21 with a coefficient of variation of 5.12. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 2.24, and mean deviation of 0.1. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Why Nano Dimension Stock Is Soaring Today | 09/25/2024 |
2 | Nano Dimension Announces 2024 Annual General Meeting of Shareholders | 10/16/2024 |
3 | Markforged Announces Third Quarter 2024 Results | 11/07/2024 |
4 | Murchinson Refutes Nano Dimensions Latest False and Misleading Claims | 11/15/2024 |
5 | Nano Dimension Announces Conference Call to Discuss Q32024 Quarterly Results | 11/18/2024 |
6 | Murchinson Sends Letter to Nano Dimension Shareholders Highlighting the Collective Opportunity to Add Independent Perspectives to Nanos Boardroom | 11/19/2024 |
7 | Nano Dimension Announces Q32024 Results --The Best 3rd Quarter | 11/20/2024 |
8 | Israeli Court Ruling Validates Nano Dimension Boards Strategic Decisions and Clarifies Current Board Structure | 11/21/2024 |
9 | Nano Dimension urges shareholders to vote for company proposals NNDM | 11/22/2024 |
About Nano Dimension 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 Nano or other stocks. Alpha measures the amount that position in Nano Dimension 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) | Graham Number | 9.96 | 9.43 | 4.5 | 4.27 | Receivables Turnover | 2.29 | 6.88 | 2.53 | 2.04 |
Nano Dimension Upcoming Company Events
As portrayed in its financial statements, the presentation of Nano Dimension's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nano Dimension's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nano Dimension's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nano Dimension. Please utilize our Beneish M Score to check the likelihood of Nano Dimension's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Nano Dimension
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 Nano Dimension Backtesting, Nano Dimension Valuation, Nano Dimension Correlation, Nano Dimension Hype Analysis, Nano Dimension Volatility, Nano Dimension History and analyze Nano Dimension Performance. To learn how to invest in Nano Stock, please use our How to Invest in Nano Dimension guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Nano Dimension 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.