Nlight Inc Stock Alpha and Beta Analysis
| LASR Stock | USD 10.86 0.13 1.21% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as nLIGHT Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in NLIGHT over a specified time horizon. Remember, high NLIGHT'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 NLIGHT's market risk premium analysis include:
Beta 2.19 | Alpha (0.26) | Risk 5.33 | Sharpe Ratio 0.0191 | Expected Return 0.1 |
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.
NLIGHT |
NLIGHT Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NLIGHT market risk premium is the additional return an investor will receive from holding NLIGHT 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 NLIGHT. 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 NLIGHT's performance over market.| α | -0.26 | β | 2.19 |
NLIGHT 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 NLIGHT's Buy-and-hold return. Our buy-and-hold chart shows how NLIGHT performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NLIGHT Market Price Analysis
Market price analysis indicators help investors to evaluate how NLIGHT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NLIGHT shares will generate the highest return on investment. By understating and applying NLIGHT stock market price indicators, traders can identify NLIGHT position entry and exit signals to maximize returns.
NLIGHT Return and Market Media
The median price of NLIGHT for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 10.9 with a coefficient of variation of 7.92. The daily time series for the period is distributed with a sample standard deviation of 0.89, arithmetic mean of 11.18, and mean deviation of 0.61. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | JPMorgan Chase Cos Strategic Reduction in nLight Inc Holdings | 09/12/2024 |
2 | Disposition of tradable shares by Scott Keeney of NLIGHT at 0.75 subject to Rule 16b-3 | 09/16/2024 |
3 | Acquisition by Carano Bandel L of 5449 shares of NLIGHT at 14.68 subject to Rule 16b-3 | 09/30/2024 |
4 | nLIGHT Posts Better-Than-Expected Sales In Q3 But Stock Drops | 11/07/2024 |
5 | nLight Inc Q3 2024 Earnings Call Highlights Strong Aerospace Growth Amid Industrial ... | 11/08/2024 |
6 | nLight CEO Scott Keeney sells 314,550 in stock | 11/21/2024 |
7 | Microsoft Sounds Alarm on Major Chinese Hack Amid US-China Trade Tensions | 11/26/2024 |
About NLIGHT 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 NLIGHT or other stocks. Alpha measures the amount that position in nLIGHT Inc 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 | 69.22 | 57.17 | 81.52 | 45.96 | PTB Ratio | 3.34 | 1.66 | 2.44 | 2.32 |
NLIGHT Upcoming Company Events
As portrayed in its financial statements, the presentation of NLIGHT's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NLIGHT's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of NLIGHT's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of NLIGHT. Please utilize our Beneish M Score to check the likelihood of NLIGHT's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for NLIGHT Stock Analysis
When running NLIGHT's price analysis, check to measure NLIGHT'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 NLIGHT is operating at the current time. Most of NLIGHT's value examination focuses on studying past and present price action to predict the probability of NLIGHT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NLIGHT's price. Additionally, you may evaluate how the addition of NLIGHT to your portfolios can decrease your overall portfolio volatility.