Nexe Innovations Stock Alpha and Beta Analysis
| NEXE Stock | CAD 0.41 0.01 2.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NEXE Innovations. It also helps investors analyze the systematic and unsystematic risks associated with investing in NEXE Innovations over a specified time horizon. Remember, high NEXE Innovations' 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 NEXE Innovations' market risk premium analysis include:
Beta (0.51) | Alpha 0.81 | Risk 6.23 | Sharpe Ratio 0.12 | Expected Return 0.77 |
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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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NEXE Innovations Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NEXE Innovations market risk premium is the additional return an investor will receive from holding NEXE Innovations 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 NEXE Innovations. 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 NEXE Innovations' performance over market.| α | 0.81 | β | -0.51 |
NEXE Innovations 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 NEXE Innovations' Buy-and-hold return. Our buy-and-hold chart shows how NEXE Innovations performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NEXE Innovations Market Price Analysis
Market price analysis indicators help investors to evaluate how NEXE Innovations stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEXE Innovations shares will generate the highest return on investment. By understating and applying NEXE Innovations stock market price indicators, traders can identify NEXE Innovations position entry and exit signals to maximize returns.
NEXE Innovations Return and Market Media
The median price of NEXE Innovations for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 0.35 with a coefficient of variation of 14.26. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.36, and mean deviation of 0.05. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | NEXE Innovations Degree of Operating Leverage 1.61 - GuruFocus.com | 11/21/2024 |
About NEXE Innovations 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 NEXE or other stocks. Alpha measures the amount that position in NEXE Innovations 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.
| 2022 | 2024 (projected) | Days Sales Outstanding | 17.3K | 750.08 | PTB Ratio | 1.03 | 39.25 |
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 NEXE Innovations 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, NEXE Innovations' short interest history, or implied volatility extrapolated from NEXE Innovations options trading.
Build Portfolio with NEXE Innovations
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Additional Tools for NEXE Stock Analysis
When running NEXE Innovations' price analysis, check to measure NEXE Innovations' 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 NEXE Innovations is operating at the current time. Most of NEXE Innovations' value examination focuses on studying past and present price action to predict the probability of NEXE Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXE Innovations' price. Additionally, you may evaluate how the addition of NEXE Innovations to your portfolios can decrease your overall portfolio volatility.