Nkarta Inc Stock Alpha and Beta Analysis
| NKTX Stock | USD 2.59 0.14 5.71% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nkarta Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nkarta over a specified time horizon. Remember, high Nkarta'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 Nkarta's market risk premium analysis include:
Beta 2.66 | Alpha (1.34) | Risk 4.8 | Sharpe Ratio (0.21) | Expected Return (1.00) |
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.
Nkarta |
Nkarta Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nkarta market risk premium is the additional return an investor will receive from holding Nkarta 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 Nkarta. 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 Nkarta's performance over market.| α | -1.34 | β | 2.66 |
Nkarta 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 Nkarta's Buy-and-hold return. Our buy-and-hold chart shows how Nkarta performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nkarta Market Price Analysis
Market price analysis indicators help investors to evaluate how Nkarta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nkarta shares will generate the highest return on investment. By understating and applying Nkarta stock market price indicators, traders can identify Nkarta position entry and exit signals to maximize returns.
Nkarta Return and Market Media
The median price of Nkarta for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 4.16 with a coefficient of variation of 25.43. The daily time series for the period is distributed with a sample standard deviation of 1.07, arithmetic mean of 4.22, and mean deviation of 0.91. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Nadir Mahmood of 75000 shares of Nkarta subject to Rule 16b-3 | 09/06/2024 |
2 | Affinity Asset Advisors LLC Takes Position in Nkarta, Inc. - MarketBeat | 09/25/2024 |
3 | Cubist Systematic Strategies LLC Invests 1.49 Million in Nkarta, Inc. - MarketBeat | 10/02/2024 |
4 | Acquisition by Levin Alyssa of 56000 shares of Nkarta subject to Rule 16b-3 | 10/14/2024 |
5 | Disposition of 12358 shares by Paul Hastings of Nkarta at 13.0 subject to Rule 16b-3 | 10/22/2024 |
6 | COMMODORE CAPITAL LP Acquires Shares in Nkarta Inc | 11/15/2024 |
7 | Nkarta price target lowered to 16 from 20 at Mizuho - Yahoo Finance | 11/22/2024 |
About Nkarta 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 Nkarta or other stocks. Alpha measures the amount that position in Nkarta 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.
| 2023 | 2024 (projected) | Graham Number | 17.34 | 12.39 | Receivables Turnover | 39.3 | 34.94 |
Nkarta Upcoming Company Events
As portrayed in its financial statements, the presentation of Nkarta's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nkarta's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nkarta's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nkarta. Please utilize our Beneish M Score to check the likelihood of Nkarta's management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st 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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Additional Tools for Nkarta Stock Analysis
When running Nkarta's price analysis, check to measure Nkarta's 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 Nkarta is operating at the current time. Most of Nkarta's value examination focuses on studying past and present price action to predict the probability of Nkarta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nkarta's price. Additionally, you may evaluate how the addition of Nkarta to your portfolios can decrease your overall portfolio volatility.