Nogin Inc Alpha and Beta Analysis
| NOGNWDelisted Stock | USD 0.01 0.0009 7.56% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nogin Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nogin over a specified time horizon. Remember, high Nogin'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 Nogin's market risk premium analysis include:
Beta 1.02 | Alpha 0.0141 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Nogin |
Nogin Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nogin market risk premium is the additional return an investor will receive from holding Nogin 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 Nogin. 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 Nogin's performance over market.| α | 0.01 | β | 1.02 |
Nogin Fundamentals Vs Peers
Comparing Nogin's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nogin's direct or indirect competition across all of the common fundamentals between Nogin and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nogin or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nogin's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nogin by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nogin to competition |
| Fundamentals | Nogin | Peer Average |
| Return On Asset | -0.53 | -0.14 |
| Profit Margin | (0.57) % | (1.27) % |
| Operating Margin | (0.97) % | (5.51) % |
| Number Of Shares Shorted | 20.32 K | 4.71 M |
| Revenue | 68.27 M | 9.43 B |
| EBITDA | (44.74 M) | 3.9 B |
| Net Income | (38.88 M) | 570.98 M |
Nogin Opportunities
Nogin Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Nogin to Report First Quarter 2023 Financial Results on Monday, May 15, 2023 at 830 a.m. ET | 05/09/2023 |
2 | Nogin Appoints Arthur Stark and Shahriyar Rahmati to Board of Directors - Marketscreener.com | 06/20/2023 |
About Nogin 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 Nogin or other delisted stocks. Alpha measures the amount that position in Nogin Inc 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.
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 Nogin 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, Nogin's short interest history, or implied volatility extrapolated from Nogin options trading.
Build Portfolio with Nogin
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 Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Nogin Stock
If you are still planning to invest in Nogin Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nogin's history and understand the potential risks before investing.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |