Quanex Building Products Stock Alpha and Beta Analysis
| NX Stock | USD 21.00 0.72 3.31% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Quanex Building Products. It also helps investors analyze the systematic and unsystematic risks associated with investing in Quanex Building over a specified time horizon. Remember, high Quanex Building'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 Quanex Building's market risk premium analysis include:
Beta 0.87 | Alpha (0.54) | Risk 2.65 | Sharpe Ratio (0.19) | Expected Return (0.50) |
Quanex Building Quarterly Cash And Equivalents |
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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.
Quanex |
Quanex Building Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Quanex Building market risk premium is the additional return an investor will receive from holding Quanex Building 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 Quanex Building. 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 Quanex Building's performance over market.| α | -0.54 | β | 0.87 |
Quanex Building 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 Quanex Building's Buy-and-hold return. Our buy-and-hold chart shows how Quanex Building performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Quanex Building Market Price Analysis
Market price analysis indicators help investors to evaluate how Quanex Building stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quanex Building shares will generate the highest return on investment. By understating and applying Quanex Building stock market price indicators, traders can identify Quanex Building position entry and exit signals to maximize returns.
Quanex Building Return and Market Media
The median price of Quanex Building for the period between Sun, Nov 3, 2024 and Sat, Feb 1, 2025 is 28.78 with a coefficient of variation of 12.03. The daily time series for the period is distributed with a sample standard deviation of 3.23, arithmetic mean of 26.88, and mean deviation of 3.03. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Insider Trading | 11/12/2024 |
2 | Disposition of 6300 shares by George Wilson of Quanex Building at 20.28 subject to Rule 16b-3 | 12/02/2024 |
3 | Quanex Building Products Q4 Earnings and Revenues Top Estimates | 12/12/2024 |
4 | Disposition of 3283 shares by Paul Cornett of Quanex Building at 27.77 subject to Rule 16b-3 | 12/16/2024 |
5 | Acquisition by Scott Zuehlke of 435 shares of Quanex Building at 23.1 subject to Rule 16b-3 | 12/19/2024 |
6 | Diversified Healthcare Trust Leads These 3 Undervalued Small Caps With Insider Activity In US | 12/27/2024 |
7 | NX Europe signe un accord de coopration avec la socit de logistique ukrainienne Formag | 01/08/2025 |
8 | Implied Volatility Surging for Quanex Building Products Stock Options - Yahoo Finance | 01/22/2025 |
9 | Acquisition by George Wilson of 42924 shares of Quanex Building subject to Rule 16b-3 | 01/24/2025 |
10 | Reminder to Join Quanex Building Products Investor and Analyst Day -January 30, 2025 at 0415 pm EST - Marketscreener.com | 01/30/2025 |
About Quanex Building 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 Quanex or other stocks. Alpha measures the amount that position in Quanex Building Products 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 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0121 | 0.0113 | 0.013 | 0.0124 | Price To Sales Ratio | 0.78 | 0.83 | 0.75 | 0.38 |
Quanex Building Upcoming Company Events
As portrayed in its financial statements, the presentation of Quanex Building's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Quanex Building's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Quanex Building's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Quanex Building. Please utilize our Beneish M Score to check the likelihood of Quanex Building's management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 6th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 12th of December 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of October 2023 Last Financial Announcement | View |
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Additional Tools for Quanex Stock Analysis
When running Quanex Building's price analysis, check to measure Quanex Building'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 Quanex Building is operating at the current time. Most of Quanex Building's value examination focuses on studying past and present price action to predict the probability of Quanex Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanex Building's price. Additionally, you may evaluate how the addition of Quanex Building to your portfolios can decrease your overall portfolio volatility.