NARI Technology (China) Alpha and Beta Analysis
| 600406 Stock | 25.07 0.74 2.87% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NARI Technology Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in NARI Technology over a specified time horizon. Remember, high NARI Technology'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 NARI Technology's market risk premium analysis include:
Beta 0.21 | Alpha 0.13 | Risk 1.86 | Sharpe Ratio 0.0764 | Expected Return 0.14 |
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.
NARI |
NARI Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NARI Technology market risk premium is the additional return an investor will receive from holding NARI Technology 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 NARI Technology. 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 NARI Technology's performance over market.| α | 0.13 | β | 0.21 |
NARI Technology 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 NARI Technology's Buy-and-hold return. Our buy-and-hold chart shows how NARI Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NARI Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how NARI Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NARI Technology shares will generate the highest return on investment. By understating and applying NARI Technology stock market price indicators, traders can identify NARI Technology position entry and exit signals to maximize returns.
NARI Technology Return and Market Media
The median price of NARI Technology for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 26.05 with a coefficient of variation of 4.79. The daily time series for the period is distributed with a sample standard deviation of 1.23, arithmetic mean of 25.76, and mean deviation of 0.97. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Piper Sandler reaffirms Neutral rating on Inari Medical stock - Investing.com | 08/26/2024 |
2 | Market Might Still Lack Some Conviction On Longshine Technology Group Co., Ltd. Even After 42 percent Share Price Boost - Simply Wall St | 09/30/2024 |
3 | Okami Medical Announces Closing Of 32.5M Financing NARI Stock News - StockTitan | 10/21/2024 |
4 | Jennison Associates LLC Acquires 610,468 Shares of Inari Medical, Inc. - MarketBeat | 11/21/2024 |
About NARI Technology 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 NARI or other stocks. Alpha measures the amount that position in NARI Technology 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 NARI Technology 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, NARI Technology's short interest history, or implied volatility extrapolated from NARI Technology options trading.
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Other Information on Investing in NARI Stock
NARI Technology financial ratios help investors to determine whether NARI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NARI with respect to the benefits of owning NARI Technology security.