Nomad Foods Stock Alpha and Beta Analysis
| NOMD Stock | USD 18.09 0.13 0.72% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nomad Foods. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nomad Foods over a specified time horizon. Remember, high Nomad Foods' 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 Nomad Foods' market risk premium analysis include:
Beta 0.12 | Alpha (0.03) | Risk 1.48 | Sharpe Ratio (0.04) | Expected Return (0.06) |
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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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Nomad Foods Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nomad Foods market risk premium is the additional return an investor will receive from holding Nomad Foods 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 Nomad Foods. 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 Nomad Foods' performance over market.| α | -0.03 | β | 0.12 |
Nomad Foods 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 Nomad Foods' Buy-and-hold return. Our buy-and-hold chart shows how Nomad Foods performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nomad Foods Market Price Analysis
Market price analysis indicators help investors to evaluate how Nomad Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nomad Foods shares will generate the highest return on investment. By understating and applying Nomad Foods stock market price indicators, traders can identify Nomad Foods position entry and exit signals to maximize returns.
Nomad Foods Return and Market Media
The median price of Nomad Foods for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 17.84 with a coefficient of variation of 4.82. The daily time series for the period is distributed with a sample standard deviation of 0.87, arithmetic mean of 18.03, and mean deviation of 0.74. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | New Caviar Tart at Nomad Caviar Hong Kong in Collaboration with Le Bec Fin and Toto Private Chef | 10/07/2024 |
2 | Five signs coastal town is set for economic uplift | 10/23/2024 |
3 | Nomad early Black Friday sale now live 20 percent off all new releases, Find My tracking card, leather iPhone 16 cases, more | 11/07/2024 |
4 | Nomad Foods Reports Third Quarter 2024 Financial Results | 11/14/2024 |
5 | Nomad Foods Ltd Q3 2024 Earnings Call Highlights Strong Organic Growth Amid ERP Challenges | 11/15/2024 |
6 | Official 2024 Nomad Black Friday sale now live Leather iPhone cases, Find My card, chargers, more up to 80 percent off | 11/18/2024 |
7 | Our favorite Nomad phone accessories are up to 50 percent off during this Black Friday sale | 11/19/2024 |
8 | Nomad Foods to Participate in the Morgan Stanley Global Consumer and Retail Conference on December 3, 2024 | 11/20/2024 |
| Nomad Foods dividend paid on 26th of November 2024 | 11/26/2024 |
About Nomad Foods 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 Nomad or other stocks. Alpha measures the amount that position in Nomad Foods 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 | 2024 (projected) | PB Ratio | 1.73 | 1.08 | 1.06 | Capex To Depreciation | 1.11 | 0.89 | 0.71 |
Nomad Foods Upcoming Company Events
As portrayed in its financial statements, the presentation of Nomad Foods' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nomad Foods' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nomad Foods' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nomad Foods. Please utilize our Beneish M Score to check the likelihood of Nomad Foods' management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Nomad Foods Backtesting, Nomad Foods Valuation, Nomad Foods Correlation, Nomad Foods Hype Analysis, Nomad Foods Volatility, Nomad Foods History and analyze Nomad Foods Performance. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Nomad Foods 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.