National Presto Industries Stock Alpha and Beta Analysis
| NPK Stock | USD 76.52 0.97 1.28% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as National Presto Industries. It also helps investors analyze the systematic and unsystematic risks associated with investing in National Presto over a specified time horizon. Remember, high National Presto'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 National Presto's market risk premium analysis include:
Beta 1.18 | Alpha (0.07) | Risk 1.51 | Sharpe Ratio 0.03 | Expected Return 0.0452 |
National Presto Quarterly Cash And Equivalents |
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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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National Presto Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. National Presto market risk premium is the additional return an investor will receive from holding National Presto 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 National Presto. 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 National Presto's performance over market.| α | -0.07 | β | 1.18 |
National Presto 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 National Presto's Buy-and-hold return. Our buy-and-hold chart shows how National Presto performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.National Presto Market Price Analysis
Market price analysis indicators help investors to evaluate how National Presto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Presto shares will generate the highest return on investment. By understating and applying National Presto stock market price indicators, traders can identify National Presto position entry and exit signals to maximize returns.
National Presto Return and Market Media
The median price of National Presto for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 74.63 with a coefficient of variation of 2.39. The daily time series for the period is distributed with a sample standard deviation of 1.79, arithmetic mean of 74.61, and mean deviation of 1.35. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | National Presto Industries Downgraded by StockNews.com | 09/20/2024 |
2 | National Presto Industries Upgraded at StockNews.com - MarketBeat | 09/25/2024 |
3 | Three Undiscovered Gems In The United States With Strong Fundamentals - Simply Wall St | 09/30/2024 |
4 | The Zacks Analyst Blog Highlights AstraZeneca, Accenture, ATT and National Presto Industries | 10/17/2024 |
5 | National Presto Industries Stock Price Passes Above Two Hundred Day Moving Average - Whats Next - MarketBeat | 11/19/2024 |
About National Presto 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 National or other stocks. Alpha measures the amount that position in National Presto Indu 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) | Dividend Yield | 0.0761 | 0.0657 | 0.0498 | 0.0489 | Price To Sales Ratio | 1.63 | 1.51 | 1.67 | 2.15 |
National Presto Upcoming Company Events
As portrayed in its financial statements, the presentation of National Presto's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, National Presto's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of National Presto's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of National Presto. Please utilize our Beneish M Score to check the likelihood of National Presto's management manipulating its earnings.
| 16th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Align your risk with return expectations
Check out National Presto Backtesting, National Presto Valuation, National Presto Correlation, National Presto Hype Analysis, National Presto Volatility, National Presto History and analyze National Presto Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
National Presto 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.