Newtek Business Services Stock Alpha and Beta Analysis
| NEWT Stock | USD 14.76 0.23 1.58% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Newtek Business Services. It also helps investors analyze the systematic and unsystematic risks associated with investing in Newtek Business over a specified time horizon. Remember, high Newtek Business' 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 Newtek Business' market risk premium analysis include:
Beta 2.21 | Alpha (0) | Risk 2.69 | Sharpe Ratio 0.13 | Expected Return 0.34 |
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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.
Newtek |
Newtek Business Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Newtek Business market risk premium is the additional return an investor will receive from holding Newtek Business 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 Newtek Business. 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 Newtek Business' performance over market.| α | -0.0015 | β | 2.21 |
Newtek Business 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 Newtek Business' Buy-and-hold return. Our buy-and-hold chart shows how Newtek Business performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Newtek Business Market Price Analysis
Market price analysis indicators help investors to evaluate how Newtek Business stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newtek Business shares will generate the highest return on investment. By understating and applying Newtek Business stock market price indicators, traders can identify Newtek Business position entry and exit signals to maximize returns.
Newtek Business Return and Market Media
The median price of Newtek Business for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 12.69 with a coefficient of variation of 8.93. The daily time series for the period is distributed with a sample standard deviation of 1.14, arithmetic mean of 12.78, and mean deviation of 0.96. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | NewtekOne, Inc. Closes Offering of 75.0 Million of 8.625 percent Fixed Rate Senior Notes Due 2029 | 09/16/2024 |
2 | Acquisition by Mulia Salvatore Francis of 500 shares of Newtek Business at 11.72 subject to Rule 16b-3 | 09/20/2024 |
3 | NewtekOne Inc Shares Up 3.05 percent on Oct 4 | 10/04/2024 |
| Newtek Business dividend paid on 21st of October 2024 | 10/21/2024 |
4 | Chuck Royces Strategic Reduction in NewtekOne Inc Holdings | 10/30/2024 |
5 | Gear Up for NewtekOne Q3 Earnings Wall Street Estimates for Key Metrics | 11/05/2024 |
6 | NewtekOne GAAP EPS of 0.45 beats by 0.02, revenue of 62.83M beats by 0.63M | 11/06/2024 |
7 | NewtekOne Q3 Earnings Taking a Look at Key Metrics Versus Estimates | 11/07/2024 |
8 | NewtekOne Inc Q3 2024 Earnings Call Highlights Strong Loan and Deposit Growth Amid ... | 11/08/2024 |
9 | Acquisition by Zink Gregory L of 1000 shares of Newtek Business at 13.9491 subject to Rule 16b-3 | 11/15/2024 |
10 | Newtek Bank, N.A. Launches Newtek Zero-Fee Business Banking | 11/18/2024 |
About Newtek Business 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 Newtek or other stocks. Alpha measures the amount that position in Newtek Business Services 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) | Dividend Yield | 0.11 | 0.0423 | 0.059 | Price To Sales Ratio | 4.26 | 1.32 | 1.98 |
Newtek Business Upcoming Company Events
As portrayed in its financial statements, the presentation of Newtek Business' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Newtek Business' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Newtek Business' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Newtek Business. Please utilize our Beneish M Score to check the likelihood of Newtek Business' management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 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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Additional Tools for Newtek Stock Analysis
When running Newtek Business' price analysis, check to measure Newtek Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.