Nextplay Technologies Alpha and Beta Analysis
| NXTPDelisted Stock | USD 0.40 0.34 566.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nextplay Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nextplay Technologies over a specified time horizon. Remember, high Nextplay Technologies' 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 Nextplay Technologies' market risk premium analysis include:
Beta 26.7 | Alpha 4.71 | Risk 93.53 | Sharpe Ratio 0.0845 | Expected Return 7.91 |
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.
Nextplay |
Nextplay Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nextplay Technologies market risk premium is the additional return an investor will receive from holding Nextplay Technologies 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 Nextplay Technologies. 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 Nextplay Technologies' performance over market.| α | 4.71 | β | 26.70 |
Nextplay Technologies 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 Nextplay Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Nextplay Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nextplay Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Nextplay Technologies 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 Nextplay Technologies shares will generate the highest return on investment. By understating and applying Nextplay Technologies pink sheet market price indicators, traders can identify Nextplay Technologies position entry and exit signals to maximize returns.
Nextplay Technologies Return and Market Media
The median price of Nextplay Technologies for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 1.12 with a coefficient of variation of 36.05. The daily time series for the period is distributed with a sample standard deviation of 0.36, arithmetic mean of 1.01, and mean deviation of 0.31. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Nextplay Technologies 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 Nextplay or other pink sheets. Alpha measures the amount that position in Nextplay Technologies 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.
Nextplay Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Nextplay Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nextplay Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nextplay Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nextplay Technologies. Please utilize our Beneish M Score to check the likelihood of Nextplay Technologies' management manipulating its earnings.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 30th of November 2023 Next Fiscal Quarter End | View | |
| 31st of August 2023 Last Quarter Report | View |
Build Portfolio with Nextplay Technologies
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 Nextplay Technologies Backtesting, Nextplay Technologies Valuation, Nextplay Technologies Correlation, Nextplay Technologies Hype Analysis, Nextplay Technologies Volatility, Nextplay Technologies History and analyze Nextplay Technologies Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Nextplay Pink Sheet
If you are still planning to invest in Nextplay Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nextplay Technologies' history and understand the potential risks before investing.
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