Norwegian Cruise (Brazil) Alpha and Beta Analysis
| N1CL34 Stock | BRL 160.00 0.80 0.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Norwegian Cruise Line. It also helps investors analyze the systematic and unsystematic risks associated with investing in Norwegian Cruise over a specified time horizon. Remember, high Norwegian Cruise'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 Norwegian Cruise's market risk premium analysis include:
Beta 0.41 | Alpha 0.76 | Risk 2.79 | Sharpe Ratio 0.28 | Expected Return 0.78 |
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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Norwegian Cruise Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Norwegian Cruise market risk premium is the additional return an investor will receive from holding Norwegian Cruise 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 Norwegian Cruise. 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 Norwegian Cruise's performance over market.| α | 0.76 | β | 0.41 |
Norwegian Cruise 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 Norwegian Cruise's Buy-and-hold return. Our buy-and-hold chart shows how Norwegian Cruise performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Norwegian Cruise Market Price Analysis
Market price analysis indicators help investors to evaluate how Norwegian Cruise stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Norwegian Cruise shares will generate the highest return on investment. By understating and applying Norwegian Cruise stock market price indicators, traders can identify Norwegian Cruise position entry and exit signals to maximize returns.
Norwegian Cruise Return and Market Media
The median price of Norwegian Cruise for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 128.26 with a coefficient of variation of 16.7. The daily time series for the period is distributed with a sample standard deviation of 21.21, arithmetic mean of 127.0, and mean deviation of 19.0. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Norwegian Cruise 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 Norwegian or other stocks. Alpha measures the amount that position in Norwegian Cruise Line 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 Norwegian Cruise 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, Norwegian Cruise's short interest history, or implied volatility extrapolated from Norwegian Cruise options trading.
Build Portfolio with Norwegian Cruise
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Additional Information and Resources on Investing in Norwegian Stock
When determining whether Norwegian Cruise Line offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norwegian Cruise's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Norwegian Cruise Line Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norwegian Cruise Line Stock:Check out Norwegian Cruise Backtesting, Norwegian Cruise Valuation, Norwegian Cruise Correlation, Norwegian Cruise Hype Analysis, Norwegian Cruise Volatility, Norwegian Cruise History and analyze Norwegian Cruise Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Norwegian Cruise 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.