Nacco Industries Stock Alpha and Beta Analysis
| NC Stock | USD 32.02 0.16 0.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NACCO Industries. It also helps investors analyze the systematic and unsystematic risks associated with investing in NACCO Industries over a specified time horizon. Remember, high NACCO Industries' 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 NACCO Industries' market risk premium analysis include:
Beta 1.32 | Alpha 0.075 | Risk 2.63 | Sharpe Ratio 0.1 | Expected Return 0.27 |
NACCO Industries 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.
NACCO |
NACCO Industries Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NACCO Industries market risk premium is the additional return an investor will receive from holding NACCO Industries 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 NACCO Industries. 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 NACCO Industries' performance over market.| α | 0.07 | β | 1.32 |
NACCO Industries 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 NACCO Industries' Buy-and-hold return. Our buy-and-hold chart shows how NACCO Industries performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NACCO Industries Market Price Analysis
Market price analysis indicators help investors to evaluate how NACCO Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NACCO Industries shares will generate the highest return on investment. By understating and applying NACCO Industries stock market price indicators, traders can identify NACCO Industries position entry and exit signals to maximize returns.
NACCO Industries Return and Market Media
The median price of NACCO Industries for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 27.65 with a coefficient of variation of 7.61. The daily time series for the period is distributed with a sample standard deviation of 2.16, arithmetic mean of 28.38, and mean deviation of 1.81. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | With a 30 percent stake, NACCO Industries, Inc. insiders have a lot riding on the company | 09/13/2024 |
| NACCO Industries dividend paid on 16th of September 2024 | 09/16/2024 |
2 | Disposition of 1034 shares by Thomas Maxwell of NACCO Industries at 32.0258 subject to Rule 16b-3 | 09/20/2024 |
3 | Charlotte chefs, breweries and venues host dinners and concerts for Helene victims | 10/11/2024 |
4 | PickUp USA Basketball Set to Open First Charlotte, NC Location | 10/25/2024 |
5 | NACCO reports Q3 results | 11/01/2024 |
6 | NACCO Industries Third Quarter 2024 Earnings EPS US2.14 | 11/04/2024 |
7 | AMERICANS FOR CITIZEN VOTING MEASURES SWEEP 8 STATES - WIN BIG MARGINS IN SWING STATES NC AND WI | 11/06/2024 |
8 | Acquisition by Mcdonald William Paul of 974 shares of NACCO Industries subject to Rule 16b-3 | 11/08/2024 |
9 | IWS Delivers Rapid Relief to Hurricane-Ravaged Town of Spruce Pine, NC | 11/12/2024 |
10 | The Fallon Company Breaks Ground on The Colwick, a First-Class Multifamily Development in Charlotte, NC | 11/13/2024 |
11 | Acquisition by Lori Robinson of 781 shares of NACCO Industries subject to Rule 16b-3 | 11/15/2024 |
12 | PGA Lawn Care Sets the Standard for Lawn Services in Charlotte, NC | 11/19/2024 |
About NACCO Industries 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 NACCO or other stocks. Alpha measures the amount that position in NACCO Industries 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) | Dividend Yield | 0.0217 | 0.0216 | 0.0236 | 0.0225 | Price To Sales Ratio | 1.35 | 1.15 | 1.27 | 1.33 |
NACCO Industries Upcoming Company Events
As portrayed in its financial statements, the presentation of NACCO Industries' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NACCO Industries' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of NACCO Industries' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of NACCO Industries. Please utilize our Beneish M Score to check the likelihood of NACCO Industries' management manipulating its earnings.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with NACCO Industries
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Align your risk with return expectations
Check out NACCO Industries Backtesting, NACCO Industries Valuation, NACCO Industries Correlation, NACCO Industries Hype Analysis, NACCO Industries Volatility, NACCO Industries History and analyze NACCO Industries Performance. For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
NACCO Industries 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.