Nine Energy Service Stock Alpha and Beta Analysis
| NINE Stock | USD 1.50 0.05 3.45% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nine Energy Service. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nine Energy over a specified time horizon. Remember, high Nine Energy'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 Nine Energy's market risk premium analysis include:
Beta 3.85 | Alpha 0.0536 | Risk 6.95 | Sharpe Ratio 0.0794 | Expected Return 0.55 |
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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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Nine Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nine Energy market risk premium is the additional return an investor will receive from holding Nine Energy 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 Nine Energy. 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 Nine Energy's performance over market.| α | 0.05 | β | 3.85 |
Nine Energy 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 Nine Energy's Buy-and-hold return. Our buy-and-hold chart shows how Nine Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nine Energy Market Price Analysis
Market price analysis indicators help investors to evaluate how Nine Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nine Energy shares will generate the highest return on investment. By understating and applying Nine Energy stock market price indicators, traders can identify Nine Energy position entry and exit signals to maximize returns.
Nine Energy Return and Market Media
The median price of Nine Energy for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 1.17 with a coefficient of variation of 10.26. The daily time series for the period is distributed with a sample standard deviation of 0.12, arithmetic mean of 1.15, and mean deviation of 0.09. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Monroe William of 470362 shares of Nine Energy at 1.5818 subject to Rule 16b-3 | 08/30/2024 |
2 | Acquisition by Mark Baldwin of 5071 shares of Nine Energy subject to Rule 16b-3 | 09/06/2024 |
3 | Disposition of 63107 shares by David Crombie of Nine Energy at 4.32 subject to Rule 16b-3 | 09/12/2024 |
4 | AMERISERV FINANCIAL REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2024 AND ANNOUNCES QUARTERLY COMMON STOCK CASH DIVIDEND | 10/22/2024 |
5 | GOLD ROYALTY REPORTS THIRD QUARTER 2024 RESULTS RECORD REVENUE FOR THE FIRST NINE MONTHS OF 2024 | 11/05/2024 |
6 | Nine Energy Service Inc Q3 2024 Earnings Call Highlights Surpassing Revenue ... | 11/06/2024 |
7 | RECORDATI CONTINUED DOUBLE-DIGIT GROWTH IN THE FIRST NINE MONTHS OF 2024 - REVENUE 12.0, EBITDA 11.8, ADJUSTED NET INCOME 9.5 | 11/08/2024 |
8 | Disposition of 3546 shares by Scf Partners, Inc. of Nine Energy at 1.3157 subject to Rule 16b-3 | 11/12/2024 |
9 | Disposition of 27995 shares by Scf Partners, Inc. of Nine Energy at 1.2558 subject to Rule 16b-3 | 11/13/2024 |
10 | Disposition of 345 shares by Scf Partners, Inc. of Nine Energy at 1.2536 subject to Rule 16b-3 | 11/14/2024 |
11 | Disposition of 762 shares by Scf Partners, Inc. of Nine Energy at 1.2503 subject to Rule 16b-3 | 11/15/2024 |
12 | Disposition of 82801 shares by Scf Partners, Inc. of Nine Energy at 1.1891 subject to Rule 16b-3 | 11/20/2024 |
13 | Nine Energy Service Stock Surges Amid Industry Gains | 11/21/2024 |
14 | ExxonMobil Schedules Drilling Activity Offshore Cyprus in 2025 | 11/22/2024 |
About Nine Energy 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 Nine or other stocks. Alpha measures the amount that position in Nine Energy Service 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.003626 | 0.003223 | Price To Sales Ratio | 0.15 | 0.14 |
Nine Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of Nine Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nine Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nine Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nine Energy. Please utilize our Beneish M Score to check the likelihood of Nine Energy's management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th 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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Align your risk with return expectations
Check out Nine Energy Backtesting, Nine Energy Valuation, Nine Energy Correlation, Nine Energy Hype Analysis, Nine Energy Volatility, Nine Energy History and analyze Nine Energy Performance. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Nine Energy 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.