Northstar Clean Technologies Stock Alpha and Beta Analysis
| ROOF Stock | 0.28 0.02 6.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northstar Clean Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northstar Clean over a specified time horizon. Remember, high Northstar Clean'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 Northstar Clean's market risk premium analysis include:
Beta (0.69) | Alpha 0.65 | Risk 3.89 | Sharpe Ratio 0.18 | Expected Return 0.7 |
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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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Northstar Clean Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northstar Clean market risk premium is the additional return an investor will receive from holding Northstar Clean 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 Northstar Clean. 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 Northstar Clean's performance over market.| α | 0.65 | β | -0.69 |
Northstar Clean 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 Northstar Clean's Buy-and-hold return. Our buy-and-hold chart shows how Northstar Clean performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northstar Clean Market Price Analysis
Market price analysis indicators help investors to evaluate how Northstar Clean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northstar Clean shares will generate the highest return on investment. By understating and applying Northstar Clean stock market price indicators, traders can identify Northstar Clean position entry and exit signals to maximize returns.
Northstar Clean Return and Market Media
The median price of Northstar Clean for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 0.21 with a coefficient of variation of 15.6. The daily time series for the period is distributed with a sample standard deviation of 0.04, arithmetic mean of 0.22, and mean deviation of 0.03. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Northstar Incentivizes Team with Equity Awards - TipRanks | 09/19/2024 |
2 | Northstar Releases Empower Calgary Facility Construction Video Series Episode 2 Installation of Walls and Roof, and Offsite Equipment Testing - Yahoo Canada Fin... | 11/18/2024 |
About Northstar Clean 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 Northstar or other stocks. Alpha measures the amount that position in Northstar Clean Tech 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) | Days Sales Outstanding | 306.41 | 272.36 | PTB Ratio | 2.78 | 2.64 |
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 Northstar Clean 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, Northstar Clean's short interest history, or implied volatility extrapolated from Northstar Clean options trading.
Build Portfolio with Northstar Clean
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Additional Tools for Northstar Stock Analysis
When running Northstar Clean's price analysis, check to measure Northstar Clean'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 Northstar Clean is operating at the current time. Most of Northstar Clean's value examination focuses on studying past and present price action to predict the probability of Northstar Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northstar Clean's price. Additionally, you may evaluate how the addition of Northstar Clean to your portfolios can decrease your overall portfolio volatility.