Northern Shield Resources Stock Alpha and Beta Analysis
| NSHRF Stock | USD 0.03 0 3.45% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northern Shield Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northern Shield over a specified time horizon. Remember, high Northern Shield'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 Northern Shield's market risk premium analysis include:
Beta (4.23) | Alpha 4.72 | Risk 45.69 | Sharpe Ratio 0.1 | Expected Return 4.66 |
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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Northern Shield Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northern Shield market risk premium is the additional return an investor will receive from holding Northern Shield 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 Northern Shield. 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 Northern Shield's performance over market.| α | 4.72 | β | -4.23 |
Northern Shield 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 Northern Shield's Buy-and-hold return. Our buy-and-hold chart shows how Northern Shield performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northern Shield Market Price Analysis
Market price analysis indicators help investors to evaluate how Northern Shield pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Shield shares will generate the highest return on investment. By understating and applying Northern Shield pink sheet market price indicators, traders can identify Northern Shield position entry and exit signals to maximize returns.
Northern Shield Return and Market Media
The median price of Northern Shield for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 is 0.0172 with a coefficient of variation of 33.1. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.02, and mean deviation of 0.01. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Northern Shield 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 Northern or other pink sheets. Alpha measures the amount that position in Northern Shield Resources 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.
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 Northern Shield 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, Northern Shield's short interest history, or implied volatility extrapolated from Northern Shield options trading.
Build Portfolio with Northern Shield
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 Northern Shield Backtesting, Northern Shield Valuation, Northern Shield Correlation, Northern Shield Hype Analysis, Northern Shield Volatility, Northern Shield History and analyze Northern Shield Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Northern Pink Sheet analysis
When running Northern Shield's price analysis, check to measure Northern Shield'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 Northern Shield is operating at the current time. Most of Northern Shield's value examination focuses on studying past and present price action to predict the probability of Northern Shield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Shield's price. Additionally, you may evaluate how the addition of Northern Shield to your portfolios can decrease your overall portfolio volatility.
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Northern Shield technical pink sheet 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, pink sheet market cycles, or different charting patterns.