Nxg Nextgen Infrastructure Stock Alpha and Beta Analysis
| NXG Stock | USD 51.40 0.56 1.10% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NXG NextGen Infrastructure. It also helps investors analyze the systematic and unsystematic risks associated with investing in NXG NextGen over a specified time horizon. Remember, high NXG NextGen'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 NXG NextGen's market risk premium analysis include:
Beta 0.55 | Alpha 0.37 | Risk 1.13 | Sharpe Ratio 0.39 | Expected Return 0.44 |
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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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NXG NextGen Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NXG NextGen market risk premium is the additional return an investor will receive from holding NXG NextGen 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 NXG NextGen. 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 NXG NextGen's performance over market.| α | 0.37 | β | 0.55 |
NXG NextGen 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 NXG NextGen's Buy-and-hold return. Our buy-and-hold chart shows how NXG NextGen performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NXG NextGen Market Price Analysis
Market price analysis indicators help investors to evaluate how NXG NextGen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NXG NextGen shares will generate the highest return on investment. By understating and applying NXG NextGen stock market price indicators, traders can identify NXG NextGen position entry and exit signals to maximize returns.
NXG NextGen Return and Market Media
The median price of NXG NextGen for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 43.33 with a coefficient of variation of 7.87. The daily time series for the period is distributed with a sample standard deviation of 3.38, arithmetic mean of 42.97, and mean deviation of 2.67. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | 2 sold-off ASX mining shares this fund manager thinks are top buys | 09/10/2024 |
2 | NXG NextGen Infrastructure Income Fund to Issue 0.54 Monthly Dividend | 09/16/2024 |
| NXG NextGen dividend paid on 30th of September 2024 | 09/30/2024 |
3 | 2 ASX mining shares this fund manager thinks can surge even higher | 10/10/2024 |
| NXG NextGen dividend paid on 31st of October 2024 | 10/31/2024 |
4 | NXG Cushing Midstream Energy Fund Announces the Preliminary Results of its Rights Offering | 11/15/2024 |
5 | Guess which ASX uranium stock just scored a buy rating from a leading broker | 11/26/2024 |
About NXG NextGen 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 NXG or other stocks. Alpha measures the amount that position in NXG NextGen Infrastr 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.
| 2020 | 2022 (projected) | PTB Ratio | 0.85 | 0.8 | Dividend Yield | 0.0568 | 0.12 |
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 NXG NextGen 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, NXG NextGen's short interest history, or implied volatility extrapolated from NXG NextGen options trading.
Build Portfolio with NXG NextGen
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Check out NXG NextGen Backtesting, NXG NextGen Valuation, NXG NextGen Correlation, NXG NextGen Hype Analysis, NXG NextGen Volatility, NXG NextGen History and analyze NXG NextGen Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
NXG NextGen 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.