Northern Dynasty Minerals Stock Alpha and Beta Analysis
| NAK Stock | USD 0.46 0.01 2.13% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northern Dynasty Minerals. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northern Dynasty over a specified time horizon. Remember, high Northern Dynasty'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 Northern Dynasty's market risk premium analysis include:
Beta 2.9 | Alpha 0.2 | Risk 4.99 | Sharpe Ratio 0.11 | Expected Return 0.53 |
Northern Dynasty 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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Northern Dynasty Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northern Dynasty market risk premium is the additional return an investor will receive from holding Northern Dynasty 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 Northern Dynasty. 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 Northern Dynasty's performance over market.| α | 0.20 | β | 2.90 |
Northern Dynasty 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 Northern Dynasty's Buy-and-hold return. Our buy-and-hold chart shows how Northern Dynasty performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northern Dynasty Market Price Analysis
Market price analysis indicators help investors to evaluate how Northern Dynasty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Dynasty shares will generate the highest return on investment. By understating and applying Northern Dynasty stock market price indicators, traders can identify Northern Dynasty position entry and exit signals to maximize returns.
Northern Dynasty Return and Market Media
The median price of Northern Dynasty for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 0.37 with a coefficient of variation of 14.18. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.39, and mean deviation of 0.05. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Northern Dynasty Minerals Stock Passes Above Two Hundred Day Moving Average of 0.00 - MarketBeat | 09/27/2024 |
2 | Kopernik Global Investors, LLC Expands Stake in Northern Dynasty Minerals Ltd - GuruFocus.com | 11/04/2024 |
3 | Northern Dynasty Q3 Earnings Snapshot - San Antonio Express-News | 11/15/2024 |
About Northern Dynasty 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 Northern or other stocks. Alpha measures the amount that position in Northern Dynasty Minerals 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.
Northern Dynasty Upcoming Company Events
As portrayed in its financial statements, the presentation of Northern Dynasty's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northern Dynasty's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northern Dynasty's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northern Dynasty. Please utilize our Beneish M Score to check the likelihood of Northern Dynasty's management manipulating its earnings.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 10th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th 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 Northern Dynasty Backtesting, Northern Dynasty Valuation, Northern Dynasty Correlation, Northern Dynasty Hype Analysis, Northern Dynasty Volatility, Northern Dynasty History and analyze Northern Dynasty Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Northern Dynasty 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.