Nexalin Technology Stock Alpha and Beta Analysis
| NXL Stock | USD 1.06 0.05 4.95% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nexalin Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nexalin Technology over a specified time horizon. Remember, high Nexalin Technology'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 Nexalin Technology's market risk premium analysis include:
Beta 0.66 | Alpha 2.76 | Risk 16.61 | Sharpe Ratio 0.18 | Expected Return 2.97 |
Enterprise Value |
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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.
Nexalin |
Nexalin Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nexalin Technology market risk premium is the additional return an investor will receive from holding Nexalin Technology 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 Nexalin Technology. 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 Nexalin Technology's performance over market.| α | 2.76 | β | 0.66 |
Nexalin Technology 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 Nexalin Technology's Buy-and-hold return. Our buy-and-hold chart shows how Nexalin Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nexalin Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Nexalin Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexalin Technology shares will generate the highest return on investment. By understating and applying Nexalin Technology stock market price indicators, traders can identify Nexalin Technology position entry and exit signals to maximize returns.
Nexalin Technology Return and Market Media
The median price of Nexalin Technology for the period between Mon, Feb 26, 2024 and Sun, May 26, 2024 is 1.28 with a coefficient of variation of 60.5. The daily time series for the period is distributed with a sample standard deviation of 0.71, arithmetic mean of 1.17, and mean deviation of 0.58. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 3388 shares by Engelman Irwin of Nexalin Technology at 18.45 subject to Rule 16b-3 | 03/15/2024 |
2 | Head to Head Comparison Integer and Nexalin Technology - Defense World | 03/18/2024 |
3 | Disposition of 14029 shares by Siegel Steven F of Nexalin Technology at 17.6 subject to Rule 16b-3 | 03/25/2024 |
4 | Nexalin Technology Announces the Appointment of Government Affairs Veteran William A. Hudson, Jr. to Military Government Advisory Board | 04/02/2024 |
5 | Nexalin Technology Accelerates Manufacturing of Its HALO Clarity Following Successful Usability, Feasibility, and ... - Marketscreener.com | 04/09/2024 |
6 | Nexalin Technology files to offer common stock worth 5.65M | 04/16/2024 |
7 | Nexalin Technology Regains Compliance with Nasdaq Continued Listing Requirements | 04/25/2024 |
8 | Join Nexalin Technologys Exclusive Live Investor Webinar and QA Session on May 23 | 05/09/2024 |
9 | Nexalin Technology First Quarter 2024 Earnings US0.14 loss per share | 05/13/2024 |
10 | Why Gentrack, New Hope, Nuix, and Star Entertainment shares are charging higher | 05/20/2024 |
11 | Nexalin America Selected to Join the National Traumatic Brain Injury Registry Coalition to Propel TBI Awareness and ... - Marketscreener.com | 05/22/2024 |
About Nexalin Technology 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 Nexalin or other stocks. Alpha measures the amount that position in Nexalin Technology 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 | 0.0254 | 0.55 | 8.86 | 9.3 | Days Of Inventory On Hand | 534.68 | 155.13 | 40.39 | 38.37 |
Nexalin Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Nexalin Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nexalin Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nexalin Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nexalin Technology. Please utilize our Beneish M Score to check the likelihood of Nexalin Technology's management manipulating its earnings.
| 25th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Nexalin Technology
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Nexalin Technology Backtesting, Nexalin Technology Valuation, Nexalin Technology Correlation, Nexalin Technology Hype Analysis, Nexalin Technology Volatility, Nexalin Technology History and analyze Nexalin Technology Performance. For more information on how to buy Nexalin Stock please use our How to buy in Nexalin Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Nexalin Stock analysis
When running Nexalin Technology's price analysis, check to measure Nexalin Technology'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 Nexalin Technology is operating at the current time. Most of Nexalin Technology's value examination focuses on studying past and present price action to predict the probability of Nexalin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexalin Technology's price. Additionally, you may evaluate how the addition of Nexalin Technology to your portfolios can decrease your overall portfolio volatility.
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Nexalin Technology 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.