New Oriental Stock Alpha and Beta Analysis

EDU -  USA Stock  

USD 1.90  0.02  1.06%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as New Oriental Education. It also helps investors analyze the systematic and unsystematic risks associated with investing in New Oriental over a specified time horizon. Remember, high New Oriental'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.
Continue to New Oriental Backtesting, New Oriental Valuation, New Oriental Correlation, New Oriental Hype Analysis, New Oriental Volatility, New Oriental History and analyze New Oriental Performance.

Search Beta 

 
Refresh
Please note that although New Oriental alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, New Oriental did 0.93  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of New Oriental Education stock's relative risk over its benchmark. New Oriental Education has a beta of 0.005  . Let's try to break down what New Oriental's beta means in this case. As returns on the market increase, New Oriental returns are expected to increase less than the market. However, during the bear market, the loss on holding New Oriental will be expected to be smaller as well.
New Oriental Tangible Assets Book Value per Share are comparatively stable at the moment as compared to the past year. New Oriental reported Tangible Assets Book Value per Share of 4.69 in 2020. Enterprise Value is likely to gain to about 24.1 B in 2021, whereas Enterprise Value over EBITDA is likely to drop 30.43 in 2021.
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.

New Oriental Quarterly Book Value per Share

3.1Share

New Oriental Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. New Oriental market risk premium is the additional return an investor will receive from holding New Oriental 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 New Oriental. 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 New Oriental's performance over market.
α-0.93   β0.005
90 days against DJI

New Oriental 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 New Oriental's Buy-and-hold return. Our buy-and-hold chart shows how New Oriental performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

New Oriental Market Price Analysis

Market price analysis indicators help investors to evaluate how New Oriental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Oriental shares will generate the highest return on investment. By understating and applying New Oriental stock market price indicators, traders can identify New Oriental position entry and exit signals to maximize returns.

New Oriental Return and Market Media

The median price of New Oriental for the period between Thu, Sep 24, 2020 and Sun, Sep 19, 2021 is 144.64 with a coefficient of variation of 90.82. The daily time series for the period is distributed with a sample standard deviation of 81.0, arithmetic mean of 89.19, and mean deviation of 80.31. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Other09/17/2020
2
EPS Reported10/13/2020
3
Other10/14/2020
4
Other10/23/2020
5
Other10/28/2020
6
Other11/02/2020
7
Other11/03/2020
8
Other11/16/2020
9
EPS Estimate11/30/2020
10
Other12/04/2020
11
Other01/08/2021
12
Other01/19/2021
13
EPS Reported01/22/2021
14
Other01/26/2021
15
Unclassified Event02/11/2021
16
Unclassified Event02/12/2021
17
EPS Estimate02/25/2021
18
Other03/08/2021
19
Other03/10/2021
20
Other04/06/2021
21
EPS Reported04/20/2021
22
New Oriental Education Technology Group Releases Q4 2021 Ear...04/28/2021
23
Unclassified Event05/10/2021
24
Why Cullinan Oncology Stock Is Skyrocketing Today - Nasdaq06/04/2021
25
Chinese Tutoring Stocks Dive as Investors Fear Tough New Rul...06/16/2021
26
New Oriental Education Technology Group Inc.s stock is set t...07/16/2021
27
Other07/19/2021
28
Other07/23/2021
29
Analysts see New Oriental Education Technology Group Inc. st...07/26/2021
30
EDU Stock Increases Over 3 percent Pre-Market Why It Happene...08/02/2021
31
Other08/03/2021
32
New Oriental Education Technology Group Inc. Provides Update...08/18/2021
33
Other08/19/2021
34
Other09/13/2021
35
New Oriental Education Technology Group stock falls 12 perce...09/15/2021

About New Oriental 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in New Oriental Education 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.
 2018 2019 2020 (projected)
Book Value per Share1.491.731.98
Asset Turnover0.740.560.5

New Oriental Upcoming Company Events

As portrayed in its financial statements, the presentation of New Oriental's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, New Oriental's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of New Oriental's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of New Oriental. Please utilize our Beneish M Score to check the likelihood of New Oriental's management manipulating its earnings.
Upcoming Quarterly Report12th of October 2021
Next Earnings Report28th of January 2022
Next Fiscal Quarter End31st of August 2021
Next Fiscal Year End3rd of August 2021
Last Quarter Report31st of May 2021
Last Earning Announcement31st of August 2020

Build Portfolio with New Oriental

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

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Continue to New Oriental Backtesting, New Oriental Valuation, New Oriental Correlation, New Oriental Hype Analysis, New Oriental Volatility, New Oriental History and analyze New Oriental Performance. Note that the New Oriental Education information on this page should be used as a complementary analysis to other New Oriental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for New Oriental Stock analysis

When running New Oriental Education price analysis, check to measure New Oriental'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 New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
New Oriental 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.
A focus of New Oriental technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New Oriental trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...