Nature Wood Group Stock Alpha and Beta Analysis
| NWGL Stock | 1.37 0.04 2.84% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nature Wood Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nature Wood over a specified time horizon. Remember, high Nature Wood'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 Nature Wood's market risk premium analysis include:
Beta (0.25) | Alpha (0.16) | Risk 3.72 | Sharpe Ratio (0.04) | Expected Return (0.16) |
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.
Nature |
Nature Wood Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nature Wood market risk premium is the additional return an investor will receive from holding Nature Wood 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 Nature Wood. 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 Nature Wood's performance over market.| α | -0.16 | β | -0.25 |
Nature Wood 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 Nature Wood's Buy-and-hold return. Our buy-and-hold chart shows how Nature Wood performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nature Wood Market Price Analysis
Market price analysis indicators help investors to evaluate how Nature Wood stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nature Wood shares will generate the highest return on investment. By understating and applying Nature Wood stock market price indicators, traders can identify Nature Wood position entry and exit signals to maximize returns.
Nature Wood Return and Market Media
The median price of Nature Wood for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 1.5 with a coefficient of variation of 5.2. The daily time series for the period is distributed with a sample standard deviation of 0.08, arithmetic mean of 1.5, and mean deviation of 0.06. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Wood Group mulls fourth and final takeover bid from Dubai-based Sidara - Yahoo Finance UK | 09/05/2024 |
2 | Nature Wood Groups News Release Lacks Content - TipRanks | 10/08/2024 |
3 | Nature Wood Group Expands into Decorative Plywood Market - TipRanks | 11/12/2024 |
About Nature Wood 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 Nature or other stocks. Alpha measures the amount that position in Nature Wood Group 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 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 60.95 | 56.41 | 104.53 | 96.27 | PTB Ratio | 125.88 | 80.9 | 49.24 | 46.78 |
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 Nature Wood 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, Nature Wood's short interest history, or implied volatility extrapolated from Nature Wood options trading.
Build Portfolio with Nature Wood
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Nature Wood Backtesting, Nature Wood Valuation, Nature Wood Correlation, Nature Wood Hype Analysis, Nature Wood Volatility, Nature Wood History and analyze Nature Wood Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Nature Wood 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.