N Able Inc Stock Alpha and Beta Analysis
| NABL Stock | USD 10.28 0.03 0.29% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as N Able Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in N Able over a specified time horizon. Remember, high N Able'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 N Able's market risk premium analysis include:
Beta 0.78 | Alpha (0.44) | Risk 1.54 | Sharpe Ratio (0.22) | Expected Return (0.34) |
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.
NABL |
N Able Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. N Able market risk premium is the additional return an investor will receive from holding N Able 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 N Able. 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 N Able's performance over market.| α | -0.44 | β | 0.78 |
N Able 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 N Able's Buy-and-hold return. Our buy-and-hold chart shows how N Able performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.N Able Market Price Analysis
Market price analysis indicators help investors to evaluate how N Able stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading N Able shares will generate the highest return on investment. By understating and applying N Able stock market price indicators, traders can identify N Able position entry and exit signals to maximize returns.
N Able Return and Market Media
The median price of N Able for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 12.51 with a coefficient of variation of 7.05. The daily time series for the period is distributed with a sample standard deviation of 0.86, arithmetic mean of 12.21, and mean deviation of 0.65. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 42472 shares by Frank Colletti of N Able at 13.5 subject to Rule 16b-3 | 09/30/2024 |
2 | N-able Announces New Fortified Copies Feature in Cove Data ProtectionDriving Stronger Ransomware Protection | 10/30/2024 |
3 | N-able Inc Q3 2024 Earnings Report Preview What To Expect | 11/06/2024 |
4 | N-able Q3 Earnings Snapshot | 11/07/2024 |
5 | N-able Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth Amidst Market Challenges | 11/08/2024 |
6 | N-able Receives Buy Rating from Needham Company LLC | 11/12/2024 |
7 | Disposition of 24697 shares by John Pagliuca of N Able at 10.8 subject to Rule 16b-3 | 11/15/2024 |
8 | Down -17.14 percent in 4 Weeks, Heres Why N-able Looks Ripe for a Turnaround | 11/18/2024 |
9 | N-able Expands Cybersecurity Portfolio with 100M Acquisition of Adlumin, Boosting XDR and MDR Capabilities | 11/21/2024 |
10 | Disposition of 21200 shares by Johnson Ann of N Able at 12.79 subject to Rule 16b-3 | 11/22/2024 |
11 | N-ables SWOT analysis cloud security firms stock poised for growth | 11/25/2024 |
About N Able 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 NABL or other stocks. Alpha measures the amount that position in N Able Inc 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0978 | 0.088 | Price To Sales Ratio | 5.73 | 5.44 |
N Able Upcoming Company Events
As portrayed in its financial statements, the presentation of N Able's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, N Able's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of N Able's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of N Able. Please utilize our Beneish M Score to check the likelihood of N Able's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 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 N Able
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Align your risk with return expectations
Check out N Able Backtesting, N Able Valuation, N Able Correlation, N Able Hype Analysis, N Able Volatility, N Able History and analyze N Able Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
N Able 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.