Nuenergy Gas (Australia) Alpha and Beta Analysis
| NGY Stock | 0.02 0 10.53% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nuenergy Gas. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nuenergy Gas over a specified time horizon. Remember, high Nuenergy Gas' 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 Nuenergy Gas' market risk premium analysis include:
Beta (0.09) | Alpha (2.11) | Risk 4.71 | Sharpe Ratio (0.45) | Expected Return (2.11) |
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.
Nuenergy |
Nuenergy Gas Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nuenergy Gas market risk premium is the additional return an investor will receive from holding Nuenergy Gas 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 Nuenergy Gas. 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 Nuenergy Gas' performance over market.| α | -2.11 | β | -0.09 |
About Nuenergy Gas 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 Nuenergy or other stocks. Alpha measures the amount that position in Nuenergy Gas 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 Nuenergy Gas 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, Nuenergy Gas' short interest history, or implied volatility extrapolated from Nuenergy Gas options trading.
Build Portfolio with Nuenergy Gas
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Tools for Nuenergy Stock
When running Nuenergy Gas' price analysis, check to measure Nuenergy Gas' 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 Nuenergy Gas is operating at the current time. Most of Nuenergy Gas' value examination focuses on studying past and present price action to predict the probability of Nuenergy Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuenergy Gas' price. Additionally, you may evaluate how the addition of Nuenergy Gas to your portfolios can decrease your overall portfolio volatility.
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