Nerdwallet Stock Alpha and Beta Analysis
| NRDS Stock | USD 13.87 0.37 2.60% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nerdwallet. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nerdwallet over a specified time horizon. Remember, high Nerdwallet'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 Nerdwallet's market risk premium analysis include:
Beta 1.08 | Alpha 0.13 | Risk 5.08 | Sharpe Ratio 0.0435 | Expected Return 0.22 |
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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.
Nerdwallet |
Nerdwallet Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nerdwallet market risk premium is the additional return an investor will receive from holding Nerdwallet 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 Nerdwallet. 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 Nerdwallet's performance over market.| α | 0.13 | β | 1.08 |
Nerdwallet 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 Nerdwallet's Buy-and-hold return. Our buy-and-hold chart shows how Nerdwallet performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nerdwallet Market Price Analysis
Market price analysis indicators help investors to evaluate how Nerdwallet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nerdwallet shares will generate the highest return on investment. By understating and applying Nerdwallet stock market price indicators, traders can identify Nerdwallet position entry and exit signals to maximize returns.
Nerdwallet Return and Market Media
The median price of Nerdwallet for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 12.78 with a coefficient of variation of 9.49. The daily time series for the period is distributed with a sample standard deviation of 1.24, arithmetic mean of 13.03, and mean deviation of 0.95. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | 7 Best-Performing Cybersecurity Stocks as of September 2024 - NerdWallet | 09/24/2024 |
2 | Insider Trading | 10/18/2024 |
3 | Acquisition by Topline Capital Partners, Lp of 49722 shares of Nerdwallet at 12.05 subject to Rule 16b-3 | 10/21/2024 |
4 | Topline Capital Management increases stake in NerdWallet by 5.28 million | 10/23/2024 |
5 | Nerdwallet Inc Q3 2024 Earnings Report Preview What To Look For | 10/28/2024 |
6 | NerdWallet Reports Third Quarter 2024 Results | 10/29/2024 |
7 | Nerdwallet Inc Q3 2024 Earnings Call Highlights Surging Insurance Revenue and Strategic ... | 10/30/2024 |
8 | Stock Market Outlook November 2024 - NerdWallet | 11/01/2024 |
9 | T. Rowe Price Investment Management, Inc. Expands Stake in Nerdwallet Inc | 11/14/2024 |
10 | Disposition of 1500 shares by Kevin Yuann of Nerdwallet at 9.97 subject to Rule 16b-3 | 11/25/2024 |
About Nerdwallet 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 Nerdwallet or other stocks. Alpha measures the amount that position in Nerdwallet 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) | Days Sales Outstanding | 58.56 | 62.85 | 49.32 | 63.35 | PTB Ratio | 4.05 | 1.98 | 3.08 | 2.92 |
Nerdwallet Upcoming Company Events
As portrayed in its financial statements, the presentation of Nerdwallet's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nerdwallet's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nerdwallet's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nerdwallet. Please utilize our Beneish M Score to check the likelihood of Nerdwallet's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th 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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Additional Tools for Nerdwallet Stock Analysis
When running Nerdwallet's price analysis, check to measure Nerdwallet'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 Nerdwallet is operating at the current time. Most of Nerdwallet's value examination focuses on studying past and present price action to predict the probability of Nerdwallet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nerdwallet's price. Additionally, you may evaluate how the addition of Nerdwallet to your portfolios can decrease your overall portfolio volatility.