Nv Gold Corp Stock Alpha and Beta Analysis
| NVX Stock | CAD 0.19 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NV Gold Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in NV Gold over a specified time horizon. Remember, high NV Gold'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 NV Gold's market risk premium analysis include:
Beta (0.68) | Alpha (0.10) | Risk 6.62 | Sharpe Ratio (0.02) | Expected Return (0.11) |
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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NV Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NV Gold market risk premium is the additional return an investor will receive from holding NV Gold 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 NV Gold. 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 NV Gold's performance over market.| α | -0.1 | β | -0.68 |
NV Gold 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 NV Gold's Buy-and-hold return. Our buy-and-hold chart shows how NV Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NV Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how NV Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NV Gold shares will generate the highest return on investment. By understating and applying NV Gold stock market price indicators, traders can identify NV Gold position entry and exit signals to maximize returns.
NV Gold Return and Market Media
The median price of NV Gold for the period between Wed, Oct 9, 2024 and Tue, Jan 7, 2025 is 0.23 with a coefficient of variation of 17.55. The daily time series for the period is distributed with a sample standard deviation of 0.04, arithmetic mean of 0.23, and mean deviation of 0.03. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About NV Gold 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 NVX or other stocks. Alpha measures the amount that position in NV Gold 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NV Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NV Gold's short interest history, or implied volatility extrapolated from NV Gold options trading.
Build Portfolio with NV Gold
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Additional Tools for NVX Stock Analysis
When running NV Gold's price analysis, check to measure NV Gold'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 NV Gold is operating at the current time. Most of NV Gold's value examination focuses on studying past and present price action to predict the probability of NV Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NV Gold's price. Additionally, you may evaluate how the addition of NV Gold to your portfolios can decrease your overall portfolio volatility.