Nouveau Monde Graphite Stock Alpha and Beta Analysis
| NOU Stock | CAD 1.80 0.03 1.69% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nouveau Monde Graphite. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nouveau Monde over a specified time horizon. Remember, high Nouveau Monde'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 Nouveau Monde's market risk premium analysis include:
Beta 0.12 | Alpha (0.39) | Risk 2.75 | Sharpe Ratio (0.08) | Expected Return (0.22) |
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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.
Nouveau |
Nouveau Monde Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nouveau Monde market risk premium is the additional return an investor will receive from holding Nouveau Monde 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 Nouveau Monde. 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 Nouveau Monde's performance over market.| α | -0.39 | β | 0.12 |
Nouveau Monde 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 Nouveau Monde's Buy-and-hold return. Our buy-and-hold chart shows how Nouveau Monde performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nouveau Monde Market Price Analysis
Market price analysis indicators help investors to evaluate how Nouveau Monde stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nouveau Monde shares will generate the highest return on investment. By understating and applying Nouveau Monde stock market price indicators, traders can identify Nouveau Monde position entry and exit signals to maximize returns.
Nouveau Monde Return and Market Media
The median price of Nouveau Monde for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 2.0 with a coefficient of variation of 7.26. The daily time series for the period is distributed with a sample standard deviation of 0.15, arithmetic mean of 2.0, and mean deviation of 0.12. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | NMG Gears Up for the Construction of the Phase-2 Matawinie Mine with Substation Contract, Engagement with Contractors and Contribution to Communitys Economic Vi... | 09/20/2024 |
2 | Nouveau Monde Graphite Trading Down 3.2 percent - Heres What Happened - MarketBeat | 10/25/2024 |
3 | What is Roth Capitals Estimate for CVENOU FY2024 Earnings - MarketBeat | 11/22/2024 |
About Nouveau Monde 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 Nouveau or other stocks. Alpha measures the amount that position in Nouveau Monde Graphite 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 | 0.0659 | 3.67 | 3.86 | Days Of Inventory On Hand | 53.03 | 60.99 | 73.48 |
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 Nouveau Monde 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, Nouveau Monde's short interest history, or implied volatility extrapolated from Nouveau Monde options trading.
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Additional Tools for Nouveau Stock Analysis
When running Nouveau Monde's price analysis, check to measure Nouveau Monde'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 Nouveau Monde is operating at the current time. Most of Nouveau Monde's value examination focuses on studying past and present price action to predict the probability of Nouveau Monde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nouveau Monde's price. Additionally, you may evaluate how the addition of Nouveau Monde to your portfolios can decrease your overall portfolio volatility.