Nouveau Monde Graphite Stock Alpha and Beta Analysis
| NMG Stock | USD 1.26 0.01 0.79% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nouveau Monde Graphite. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nouveau Monde over a specified time horizon. Remember, high Nouveau Monde'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 Nouveau Monde's market risk premium analysis include:
Beta 0.4 | Alpha (0.37) | Risk 2.61 | Sharpe Ratio (0.10) | Expected Return (0.27) |
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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.
Nouveau |
Nouveau Monde Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nouveau Monde market risk premium is the additional return an investor will receive from holding Nouveau Monde 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 Nouveau Monde. 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 Nouveau Monde's performance over market.| α | -0.37 | β | 0.40 |
Nouveau Monde 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 Nouveau Monde's Buy-and-hold return. Our buy-and-hold chart shows how Nouveau Monde performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nouveau Monde Market Price Analysis
Market price analysis indicators help investors to evaluate how Nouveau Monde stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nouveau Monde shares will generate the highest return on investment. By understating and applying Nouveau Monde stock market price indicators, traders can identify Nouveau Monde position entry and exit signals to maximize returns.
Nouveau Monde Return and Market Media
The median price of Nouveau Monde for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 1.43 with a coefficient of variation of 7.83. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 1.44, and mean deviation of 0.09. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | NMG nomme Stphane Leblanc son conseil dadministration | 09/12/2024 |
2 | NMG Gears Up for the Construction of the Phase-2 Matawinie Mine with Substation Contract, Engagement with Contractors and Contribution to Communitys Economic Vi... | 09/20/2024 |
3 | NexaMotion Accelerates Growth Strategic Acquisition of 4M Parts Warehouse Fuels Expansion in North Texas | 10/01/2024 |
4 | Nouveau Monde Graphite Reports Asset Growth Amid Losses - TipRanks | 11/14/2024 |
About Nouveau Monde 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 Nouveau or other stocks. Alpha measures the amount that position in Nouveau Monde Graphite 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 | 2023 | 2024 (projected) | Payables Turnover | 0.0659 | 3.67 | 3.86 | Days Of Inventory On Hand | 53.03 | 60.99 | 73.48 |
Nouveau Monde Upcoming Company Events
As portrayed in its financial statements, the presentation of Nouveau Monde's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nouveau Monde's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nouveau Monde's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nouveau Monde. Please utilize our Beneish M Score to check the likelihood of Nouveau Monde's management manipulating its earnings.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Nouveau Monde
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out Nouveau Monde Backtesting, Nouveau Monde Valuation, Nouveau Monde Correlation, Nouveau Monde Hype Analysis, Nouveau Monde Volatility, Nouveau Monde History and analyze Nouveau Monde Performance. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Nouveau Monde 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.