National Western Life Alpha and Beta Analysis
| NWLIDelisted Stock | USD 499.98 0.28 0.06% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as National Western Life. It also helps investors analyze the systematic and unsystematic risks associated with investing in National Western over a specified time horizon. Remember, high National Western'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 National Western's market risk premium analysis include:
Beta (0.01) | Alpha 0.0126 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
National |
National Western Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. National Western market risk premium is the additional return an investor will receive from holding National Western 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 National Western. 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 National Western's performance over market.| α | 0.01 | β | -0.0096 |
National Western Fundamentals Vs Peers
Comparing National Western's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze National Western's direct or indirect competition across all of the common fundamentals between National Western and the related equities. This way, we can detect undervalued stocks with similar characteristics as National Western or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of National Western's fundamental indicators could also be used in its relative valuation, which is a method of valuing National Western by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare National Western to competition |
| Fundamentals | National Western | Peer Average |
| Return On Equity | 0.0649 | -0.31 |
| Return On Asset | 0.0104 | -0.14 |
| Profit Margin | 0.21 % | (1.27) % |
| Operating Margin | 0.47 % | (5.51) % |
| Current Valuation | 358.48 M | 16.62 B |
| Shares Outstanding | 3.44 M | 571.82 M |
| Shares Owned By Insiders | 1.35 % | 10.09 % |
National Western Opportunities
National Western Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | National Western Life Group Coverage Initiated at StockNews.com - Defense World | 04/11/2024 |
2 | National Western Life Group Earns Hold Rating from Analysts at StockNews.com - Defense World | 05/22/2024 |
3 | What Kind Of Shareholders Hold The Majority In National Western Life Group, Inc.s Shares - Yahoo Movies Canada | 06/03/2024 |
4 | CenterBook Partners LP Buys Shares of 904 National Western Life Group, Inc. - Defense World | 06/10/2024 |
5 | Glazer Capital LLC Makes New 44.74 Million Investment in National Western Life Group, Inc. - MarketBeat | 06/13/2024 |
6 | National Western Life Group, Inc. Shares Sold by RK Asset Management LLC - MarketBeat | 06/18/2024 |
7 | Acquisition by Blackwell Thomas A of 217 shares of National Western subject to Rule 16b-3 | 06/24/2024 |
8 | National Western and Prosperity Life Group Announce Expected Closing Date for 1.9 Billion Cash Merger | 07/03/2024 |
About National Western 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 National or other delisted stocks. Alpha measures the amount that position in National Western Life 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.
National Western Upcoming Company Events
As portrayed in its financial statements, the presentation of National Western's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, National Western's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of National Western's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of National Western. Please utilize our Beneish M Score to check the likelihood of National Western's management manipulating its earnings.
| 8th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with National Western
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
Align your risk with return expectations
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in National Stock
If you are still planning to invest in National Western Life check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the National Western's history and understand the potential risks before investing.
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