Nocera Inc Stock Alpha and Beta Analysis
| NCRA Stock | USD 0.99 0.01 1.02% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nocera Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nocera over a specified time horizon. Remember, high Nocera'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 Nocera's market risk premium analysis include:
Beta (0.84) | Alpha 0.32 | Risk 7.89 | Sharpe Ratio 0.0392 | Expected Return 0.31 |
Enterprise Value |
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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.
Nocera |
Nocera Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nocera market risk premium is the additional return an investor will receive from holding Nocera 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 Nocera. 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 Nocera's performance over market.| α | 0.32 | β | -0.84 |
Nocera 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 Nocera's Buy-and-hold return. Our buy-and-hold chart shows how Nocera performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nocera Market Price Analysis
Market price analysis indicators help investors to evaluate how Nocera stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nocera shares will generate the highest return on investment. By understating and applying Nocera stock market price indicators, traders can identify Nocera position entry and exit signals to maximize returns.
Nocera Return and Market Media
The median price of Nocera for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 1.03 with a coefficient of variation of 10.49. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 1.06, and mean deviation of 0.09. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Nocera, Inc. to Present at the 150th National Investment Banking Association Conference Slated for September 4-5 in Ft. Lauderdale, Fl. | 08/28/2024 |
2 | Further Upside For Nocera, Inc. Shares Could Introduce Price Risks After 31 percent Bounce | 10/11/2024 |
3 | Disposition of 30000 shares by Chuang Shun-chih of Nocera at 0.5 subject to Rule 16b-3 | 11/04/2024 |
About Nocera 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 Nocera or other stocks. Alpha measures the amount that position in Nocera Inc 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 | 2023 | 2024 (projected) | Payables Turnover | 6.1K | 5.5K | 5.8K | Days Of Inventory On Hand | 60.37 | 1.39 | 1.32 |
Nocera Upcoming Company Events
As portrayed in its financial statements, the presentation of Nocera's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nocera's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nocera's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nocera. Please utilize our Beneish M Score to check the likelihood of Nocera's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Nocera Backtesting, Nocera Valuation, Nocera Correlation, Nocera Hype Analysis, Nocera Volatility, Nocera History and analyze Nocera Performance. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Nocera 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.