Northrop Grumman (Brazil) Alpha and Beta Analysis
| NOCG34 Stock | BRL 588.23 0.47 0.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northrop Grumman. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northrop Grumman over a specified time horizon. Remember, high Northrop Grumman'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 Northrop Grumman's market risk premium analysis include:
Beta (0.11) | Alpha 0.1 | Risk 1.54 | Sharpe Ratio 0.021 | Expected Return 0.0324 |
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.
Northrop |
Northrop Grumman Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northrop Grumman market risk premium is the additional return an investor will receive from holding Northrop Grumman 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 Northrop Grumman. 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 Northrop Grumman's performance over market.| α | 0.10 | β | -0.11 |
Northrop Grumman 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 Northrop Grumman's Buy-and-hold return. Our buy-and-hold chart shows how Northrop Grumman performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northrop Grumman Market Price Analysis
Market price analysis indicators help investors to evaluate how Northrop Grumman stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northrop Grumman shares will generate the highest return on investment. By understating and applying Northrop Grumman stock market price indicators, traders can identify Northrop Grumman position entry and exit signals to maximize returns.
Northrop Grumman Return and Market Media
The median price of Northrop Grumman for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 is 582.4 with a coefficient of variation of 2.68. The daily time series for the period is distributed with a sample standard deviation of 15.64, arithmetic mean of 583.33, and mean deviation of 11.98. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Northrop Grumman 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 Northrop or other stocks. Alpha measures the amount that position in Northrop Grumman 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 Northrop Grumman 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, Northrop Grumman's short interest history, or implied volatility extrapolated from Northrop Grumman options trading.
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Additional Information and Resources on Investing in Northrop Stock
When determining whether Northrop Grumman offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northrop Grumman's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northrop Grumman Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northrop Grumman Stock:Check out Northrop Grumman Backtesting, Northrop Grumman Valuation, Northrop Grumman Correlation, Northrop Grumman Hype Analysis, Northrop Grumman Volatility, Northrop Grumman History and analyze Northrop Grumman Performance. For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Northrop Grumman 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.