Ntg Clarity Networks Stock Alpha and Beta Analysis
| NCI Stock | CAD 1.57 0.02 1.29% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NTG Clarity Networks. It also helps investors analyze the systematic and unsystematic risks associated with investing in NTG Clarity over a specified time horizon. Remember, high NTG Clarity'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 NTG Clarity's market risk premium analysis include:
Beta 0.18 | Alpha 0.35 | Risk 5.35 | Sharpe Ratio 0.0861 | Expected Return 0.46 |
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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.
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NTG Clarity Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NTG Clarity market risk premium is the additional return an investor will receive from holding NTG Clarity 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 NTG Clarity. 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 NTG Clarity's performance over market.| α | 0.35 | β | 0.18 |
NTG Clarity 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 NTG Clarity's Buy-and-hold return. Our buy-and-hold chart shows how NTG Clarity performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NTG Clarity Market Price Analysis
Market price analysis indicators help investors to evaluate how NTG Clarity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NTG Clarity shares will generate the highest return on investment. By understating and applying NTG Clarity stock market price indicators, traders can identify NTG Clarity position entry and exit signals to maximize returns.
NTG Clarity Return and Market Media
The median price of NTG Clarity for the period between Thu, Sep 26, 2024 and Wed, Dec 25, 2024 is 1.21 with a coefficient of variation of 13.64. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 1.27, and mean deviation of 0.15. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | NTG Clarity Networks Reports Strong Revenue Growth - TipRanks | 11/12/2024 |
2 | NTG Clarity Networks Inc. Stock Has Shown Weakness Lately But Financials Look Strong Should Prospective Shareholders Make The Leap - Yahoo Finance | 12/02/2024 |
3 | NTG Clarity Networks Stock Price Passes Above Two Hundred Day Moving Average - Heres What Happened - MarketBeat | 12/18/2024 |
About NTG Clarity 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 NTG or other stocks. Alpha measures the amount that position in NTG Clarity Networks 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) | Payables Turnover | 2.44 | 7.34 | 4.64 | 7.12 | Days Of Inventory On Hand | 0.6 | 3.3E-5 | 3.8E-5 | 3.6E-5 |
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 NTG Clarity 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, NTG Clarity's short interest history, or implied volatility extrapolated from NTG Clarity options trading.
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Additional Tools for NTG Stock Analysis
When running NTG Clarity's price analysis, check to measure NTG Clarity'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 NTG Clarity is operating at the current time. Most of NTG Clarity's value examination focuses on studying past and present price action to predict the probability of NTG Clarity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Clarity's price. Additionally, you may evaluate how the addition of NTG Clarity to your portfolios can decrease your overall portfolio volatility.