Northann Corp Stock Alpha and Beta Analysis
| NCL Stock | 0.26 0.02 7.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northann Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northann Corp over a specified time horizon. Remember, high Northann Corp'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 Northann Corp's market risk premium analysis include:
Beta (0.88) | Alpha 1.12 | Risk 10.35 | Sharpe Ratio 0.1 | Expected Return 1.07 |
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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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Northann Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northann Corp market risk premium is the additional return an investor will receive from holding Northann Corp 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 Northann Corp. 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 Northann Corp's performance over market.| α | 1.12 | β | -0.88 |
Northann Corp 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 Northann Corp's Buy-and-hold return. Our buy-and-hold chart shows how Northann Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northann Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Northann Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northann Corp shares will generate the highest return on investment. By understating and applying Northann Corp stock market price indicators, traders can identify Northann Corp position entry and exit signals to maximize returns.
Northann Corp Return and Market Media
The median price of Northann Corp for the period between Sun, Sep 29, 2024 and Sat, Dec 28, 2024 is 0.23 with a coefficient of variation of 23.24. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.23, and mean deviation of 0.05. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Nova Lifestyle Stock Surges Amid Market Volatility - GuruFocus.com | 11/07/2024 |
2 | American Woodmark Stock Dips Amidst Volatile Trading - GuruFocus.com | 11/13/2024 |
About Northann Corp 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 Northann or other stocks. Alpha measures the amount that position in Northann Corp 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) | Payables Turnover | 4.49 | 3.22 | 2.81 | 3.75 | Days Of Inventory On Hand | 36.37 | 109.53 | 75.69 | 63.61 |
Northann Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Northann Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northann Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northann Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northann Corp. Please utilize our Beneish M Score to check the likelihood of Northann Corp's management manipulating its earnings.
| 19th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Northann Corp
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Check out Northann Corp Backtesting, Northann Corp Valuation, Northann Corp Correlation, Northann Corp Hype Analysis, Northann Corp Volatility, Northann Corp History and analyze Northann Corp Performance. For more information on how to buy Northann Stock please use our How to buy in Northann Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Northann Corp 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.