Newjersey Resources Stock Alpha and Beta Analysis
| NJR Stock | USD 49.21 1.15 2.39% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NewJersey Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in NewJersey Resources over a specified time horizon. Remember, high NewJersey Resources' 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 NewJersey Resources' market risk premium analysis include:
Beta 0.36 | Alpha 0.0252 | Risk 1.35 | Sharpe Ratio 0.0284 | Expected Return 0.0385 |
NewJersey Resources 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.
NewJersey |
NewJersey Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NewJersey Resources market risk premium is the additional return an investor will receive from holding NewJersey Resources 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 NewJersey Resources. 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 NewJersey Resources' performance over market.| α | 0.03 | β | 0.36 |
NewJersey Resources 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 NewJersey Resources' Buy-and-hold return. Our buy-and-hold chart shows how NewJersey Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NewJersey Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how NewJersey Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NewJersey Resources shares will generate the highest return on investment. By understating and applying NewJersey Resources stock market price indicators, traders can identify NewJersey Resources position entry and exit signals to maximize returns.
NewJersey Resources Return and Market Media
The median price of NewJersey Resources for the period between Sat, Dec 14, 2024 and Fri, Mar 14, 2025 is 46.54 with a coefficient of variation of 2.09. The daily time series for the period is distributed with a sample standard deviation of 0.98, arithmetic mean of 46.68, and mean deviation of 0.84. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 4983 shares by Patrick Migliaccio of NewJersey Resources at 46.0 subject to Rule 16b-3 | 12/23/2024 |
2 | Best Income Stocks to Buy for December 24th | 12/24/2024 |
| NewJersey Resources dividend paid on 2nd of January 2025 | 01/02/2025 |
3 | Disposition of 2638 shares by Jane Kenny of NewJersey Resources subject to Rule 16b-3 | 01/06/2025 |
4 | New Jersey Resources Given New 52.00 Price Target at JPMorgan Chase Co. - MarketBeat | 01/31/2025 |
5 | Q1 2025 New Jersey Resources Corp Earnings Call Transcript | 02/05/2025 |
6 | 3 Retirement Stocks Yielding Over 3 | 02/13/2025 |
7 | New Jersey Resources Corporation is largely controlled by institutional shareholders who own 75 percent of the company | 02/20/2025 |
8 | State of New Jersey Common Pension Fund D Has 1.77 Million Position in Core Natural Resources, Inc. - MarketBeat | 02/28/2025 |
9 | With EPS Growth And More, New Jersey Resources Makes An Interesting Case | 03/05/2025 |
10 | Acquisition by Amy Cradic of 5156 shares of NewJersey Resources at 46.94 subject to Rule 16b-3 | 03/07/2025 |
11 | Charles Schwab Investment Management Inc. Raises Stock Holdings in New Jersey Resources Co. - Defense World | 03/13/2025 |
About NewJersey Resources 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 NewJersey or other stocks. Alpha measures the amount that position in NewJersey Resources 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 | 0.0383 | 0.0355 | 0.0408 | 0.0397 | Price To Sales Ratio | 2.01 | 2.59 | 2.33 | 2.45 |
NewJersey Resources Upcoming Company Events
As portrayed in its financial statements, the presentation of NewJersey Resources' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NewJersey Resources' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of NewJersey Resources' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of NewJersey Resources. Please utilize our Beneish M Score to check the likelihood of NewJersey Resources' management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 19th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
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Additional Tools for NewJersey Stock Analysis
When running NewJersey Resources' price analysis, check to measure NewJersey Resources' 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 NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.