Nyxoah Stock Alpha and Beta Analysis
| NYXH Stock | USD 8.28 0.07 0.85% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nyxoah. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nyxoah over a specified time horizon. Remember, high Nyxoah'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 Nyxoah's market risk premium analysis include:
Beta 0.81 | Alpha (0.09) | Risk 2.52 | Sharpe Ratio 0.0107 | Expected Return 0.027 |
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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.
Nyxoah |
Nyxoah Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nyxoah market risk premium is the additional return an investor will receive from holding Nyxoah 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 Nyxoah. 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 Nyxoah's performance over market.| α | -0.09 | β | 0.81 |
Nyxoah 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 Nyxoah's Buy-and-hold return. Our buy-and-hold chart shows how Nyxoah performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nyxoah Market Price Analysis
Market price analysis indicators help investors to evaluate how Nyxoah stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nyxoah shares will generate the highest return on investment. By understating and applying Nyxoah stock market price indicators, traders can identify Nyxoah position entry and exit signals to maximize returns.
Nyxoah Return and Market Media
The median price of Nyxoah for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 9.03 with a coefficient of variation of 8.34. The daily time series for the period is distributed with a sample standard deviation of 0.74, arithmetic mean of 8.83, and mean deviation of 0.67. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Nyxoah to Present at Investor Conferences in NYC - TipRanks | 09/05/2024 |
2 | Nyxoah Rating Reiterated by HC Wainwright - MarketBeat | 09/30/2024 |
3 | Nyxoah SA Stock Price Up 7.6 percent on Oct 9 | 10/09/2024 |
4 | Nyxoah SA Expected to Beat Earnings Estimates What to Know Ahead of Q3 Release | 10/30/2024 |
5 | Nyxoah SA Q3 2024 Everything You Need To Know Ahead Of Earnings | 11/05/2024 |
6 | Nyxoah GAAP EPS of -0.49, revenue of 1.26M | 11/07/2024 |
7 | Nyxoah to Participate in the Piper Sandler 36th Annual Healthcare Conference | 11/20/2024 |
About Nyxoah 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 Nyxoah or other stocks. Alpha measures the amount that position in Nyxoah 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 | 1.1K | 210.08 | 231.52 | 219.95 | PTB Ratio | 3.24 | 1.0 | 1.2 | 1.14 |
Nyxoah Upcoming Company Events
As portrayed in its financial statements, the presentation of Nyxoah's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nyxoah's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nyxoah's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nyxoah. Please utilize our Beneish M Score to check the likelihood of Nyxoah's management manipulating its earnings.
| 27th of March 2024 Upcoming Quarterly Report | View | |
| 21st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of March 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 Nyxoah Backtesting, Nyxoah Valuation, Nyxoah Correlation, Nyxoah Hype Analysis, Nyxoah Volatility, Nyxoah History and analyze Nyxoah Performance. For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Nyxoah 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.