Northeast Bancorp Stock Alpha and Beta Analysis
| NBN Stock | USD 101.40 3.67 3.76% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northeast Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northeast Bancorp over a specified time horizon. Remember, high Northeast Bancorp'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 Northeast Bancorp's market risk premium analysis include:
Beta 1.96 | Alpha 0.43 | Risk 2.29 | Sharpe Ratio 0.27 | Expected Return 0.61 |
Enterprise Value |
|
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.
Northeast |
Northeast Bancorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northeast Bancorp market risk premium is the additional return an investor will receive from holding Northeast Bancorp 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 Northeast Bancorp. 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 Northeast Bancorp's performance over market.| α | 0.43 | β | 1.96 |
Northeast Bancorp 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 Northeast Bancorp's Buy-and-hold return. Our buy-and-hold chart shows how Northeast Bancorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northeast Bancorp Market Price Analysis
Market price analysis indicators help investors to evaluate how Northeast Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northeast Bancorp shares will generate the highest return on investment. By understating and applying Northeast Bancorp stock market price indicators, traders can identify Northeast Bancorp position entry and exit signals to maximize returns.
Northeast Bancorp Return and Market Media
The median price of Northeast Bancorp for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 77.12 with a coefficient of variation of 14.66. The daily time series for the period is distributed with a sample standard deviation of 11.92, arithmetic mean of 81.36, and mean deviation of 10.4. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Lapointe Jean-pierre of 100 shares of Northeast Bancorp at 19.98 subject to Rule 16b-3 | 08/30/2024 |
2 | Acquisition by Pinheiro Brian of 5500 shares of Northeast Bancorp subject to Rule 16b-3 | 09/06/2024 |
3 | NorthEast Community Bancorp Hikes Quarterly Cash Dividend by 50 percent - Yahoo Finance | 09/20/2024 |
4 | Northeast Bank Announces Significant Loan Purchase Volume | 09/24/2024 |
5 | Insiders Of Northeast Bank Are Up 37 percent On Their US3.20m Purchase | 10/18/2024 |
6 | Northeast Bank Reports First Quarter Results and Declares Dividend NBN Stock News - StockTitan | 10/29/2024 |
7 | Northeast Bank First Quarter 2025 Earnings EPS US2.17 | 11/01/2024 |
8 | Northeast Bank initiated with a Market Perform at Keefe Bruyette - TipRanks | 11/20/2024 |
About Northeast Bancorp 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 Northeast or other stocks. Alpha measures the amount that position in Northeast Bancorp 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 | 0.001105 | 9.64E-4 | 6.63E-4 | 6.3E-4 | Price To Sales Ratio | 2.72 | 2.52 | 3.05 | 1.57 |
Northeast Bancorp Upcoming Company Events
As portrayed in its financial statements, the presentation of Northeast Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northeast Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northeast Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northeast Bancorp. Please utilize our Beneish M Score to check the likelihood of Northeast Bancorp's management manipulating its earnings.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 22nd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of July 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Build Portfolio with Northeast Bancorp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Northeast Bancorp Backtesting, Northeast Bancorp Valuation, Northeast Bancorp Correlation, Northeast Bancorp Hype Analysis, Northeast Bancorp Volatility, Northeast Bancorp History and analyze Northeast Bancorp Performance. To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Northeast Bancorp 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.