Noco Noco Ordinary Share Stock Alpha and Beta Analysis
| NCNC Stock | 0.03 0.07 69.20% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as noco noco Ordinary Share. It also helps investors analyze the systematic and unsystematic risks associated with investing in Noco Noco over a specified time horizon. Remember, high Noco Noco'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 Noco Noco's market risk premium analysis include:
Beta (2.42) | Alpha (0.03) | Risk 15.29 | Sharpe Ratio (0.09) | Expected Return (1.32) |
Enterprise Value |
|
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.
Noco |
Noco Noco Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Noco Noco market risk premium is the additional return an investor will receive from holding Noco Noco 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 Noco Noco. 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 Noco Noco's performance over market.| α | -0.03 | β | -2.42 |
Noco Noco 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 Noco Noco's Buy-and-hold return. Our buy-and-hold chart shows how Noco Noco performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Noco Noco Market Price Analysis
Market price analysis indicators help investors to evaluate how Noco Noco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Noco Noco shares will generate the highest return on investment. By understating and applying Noco Noco stock market price indicators, traders can identify Noco Noco position entry and exit signals to maximize returns.
Noco Noco Return and Market Media
The median price of Noco Noco for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 0.13 with a coefficient of variation of 22.05. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 0.13, and mean deviation of 0.02. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | noco-noco Inc Announces Significant New Financing - Committed Equity Facility Up to150 million | 09/13/2024 |
2 | Update noco-noco Inc Announces Significant New Financing - Committed Equity Facility Up to150 million | 09/19/2024 |
3 | Dow Surges 150 Points JPMorgan Posts Upbeat Earnings | 10/11/2024 |
4 | noco-noco Inc. to Hold Extraordinary General Meeting On December 13, 2024 | 10/28/2024 |
5 | Why Symbotic Shares Are Trading Higher By Over 28 Here Are 20 Stocks Moving Premarket - Benzinga | 11/19/2024 |
About Noco Noco 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 Noco or other stocks. Alpha measures the amount that position in noco noco Ordinary 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) | ROE | 1.37 | 4.57 | 4.11 | 4.31 | Income Quality | 0.75 | 0.18 | 0.2 | 0.19 |
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 Noco Noco 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, Noco Noco's short interest history, or implied volatility extrapolated from Noco Noco options trading.
Build Portfolio with Noco Noco
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 Noco Noco Backtesting, Noco Noco Valuation, Noco Noco Correlation, Noco Noco Hype Analysis, Noco Noco Volatility, Noco Noco History and analyze Noco Noco Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Noco Noco 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.