Nortech Systems Incorporated Stock Alpha and Beta Analysis
| NSYS Stock | USD 11.44 0.34 2.89% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nortech Systems Incorporated. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nortech Systems over a specified time horizon. Remember, high Nortech Systems' 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 Nortech Systems' market risk premium analysis include:
Beta 0.6 | Alpha (0.03) | Risk 3.52 | Sharpe Ratio 0.0073 | Expected Return 0.0256 |
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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.
Nortech |
Nortech Systems Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nortech Systems market risk premium is the additional return an investor will receive from holding Nortech Systems 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 Nortech Systems. 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 Nortech Systems' performance over market.| α | -0.03 | β | 0.60 |
Nortech Systems 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 Nortech Systems' Buy-and-hold return. Our buy-and-hold chart shows how Nortech Systems performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nortech Systems Market Price Analysis
Market price analysis indicators help investors to evaluate how Nortech Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nortech Systems shares will generate the highest return on investment. By understating and applying Nortech Systems stock market price indicators, traders can identify Nortech Systems position entry and exit signals to maximize returns.
Nortech Systems Return and Market Media
The median price of Nortech Systems for the period between Sat, Sep 14, 2024 and Fri, Dec 13, 2024 is 11.71 with a coefficient of variation of 7.29. The daily time series for the period is distributed with a sample standard deviation of 0.84, arithmetic mean of 11.52, and mean deviation of 0.68. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Kunin David B of 100 shares of Nortech Systems at 10.1 subject to Rule 16b-3 | 09/20/2024 |
2 | Insider Trading | 10/02/2024 |
3 | Nortech Systems Inc Q2 2024 Earnings Call Highlights Navigating Challenges with ... | 10/09/2024 |
4 | StockNews.com Begins Coverage on Nortech Systems | 11/01/2024 |
5 | Nortech Systems Inc Reports Q3 2024 Earnings Net Sales at 31.4 Million, EPS Loss of 0.27 | 11/07/2024 |
6 | Nortech Systems Incorporated Q3 2024 Earnings Call Transcript | 11/11/2024 |
7 | Acquisition by Kunin David B of 964 shares of Nortech Systems at 10.0363 subject to Rule 16b-3 | 11/29/2024 |
About Nortech Systems 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 Nortech or other stocks. Alpha measures the amount that position in Nortech Systems 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 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 90.18 | 77.85 | 88.44 | 47.13 | PTB Ratio | 1.06 | 1.17 | 0.73 | 1.12 |
Nortech Systems Upcoming Company Events
As portrayed in its financial statements, the presentation of Nortech Systems' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nortech Systems' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nortech Systems' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nortech Systems. Please utilize our Beneish M Score to check the likelihood of Nortech Systems' management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Tools for Nortech Stock Analysis
When running Nortech Systems' price analysis, check to measure Nortech Systems' 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 Nortech Systems is operating at the current time. Most of Nortech Systems' value examination focuses on studying past and present price action to predict the probability of Nortech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortech Systems' price. Additionally, you may evaluate how the addition of Nortech Systems to your portfolios can decrease your overall portfolio volatility.