New Concept Energy Stock Alpha and Beta Analysis
GBR Stock | USD 1.26 0.04 3.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as New Concept Energy. It also helps investors analyze the systematic and unsystematic risks associated with investing in New Concept over a specified time horizon. Remember, high New Concept'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 New Concept's market risk premium analysis include:
Beta (0.15) | Alpha 0.46 | Risk 5.12 | Sharpe Ratio 0.094 | Expected Return 0.48 |
New Concept Quarterly Cash And Equivalents |
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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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New Concept Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. New Concept market risk premium is the additional return an investor will receive from holding New Concept 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 Concept. 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 Concept's performance over market.α | 0.46 | β | -0.15 |
New Concept 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 Concept's Buy-and-hold return. Our buy-and-hold chart shows how New Concept performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.New Concept Market Price Analysis
Market price analysis indicators help investors to evaluate how New Concept 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 Concept shares will generate the highest return on investment. By understating and applying New Concept stock market price indicators, traders can identify New Concept position entry and exit signals to maximize returns.
New Concept Return and Market Media
The median price of New Concept for the period between Sun, Feb 18, 2024 and Sat, May 18, 2024 is 1.1 with a coefficient of variation of 10.43. The daily time series for the period is distributed with a sample standard deviation of 0.12, arithmetic mean of 1.13, and mean deviation of 0.1. The Stock received substential amount of media coverage during this period. Price Growth (%) |
Timeline |
1 | Great Boulder Resources Insiders Added AU911.6k Of Stock To Their Holdings | 03/07/2024 |
2 | New Concept Energy Coverage Initiated by Analysts at StockNews.com - Defense World | 03/21/2024 |
3 | Real Estate Stocks Making Moves Tuesday GBR, HLDCY, DOUG, DOMA, RDFN, CIO, OPEN, UK - InvestorsObserver | 04/02/2024 |
4 | Disposition of 83441 shares by Arcadian Energy, Inc. of New Concept at 2.55 subject to Rule 16b-3 | 04/05/2024 |
5 | New Concept Energy in real estate gainers - Seeking Alpha | 04/12/2024 |
6 | Buying ASX gold shares Heres where this top fundie sees multi-bagger gains on offer | 04/22/2024 |
7 | Reviewing Amplify Energy and New Concept Energy - Defense World | 05/06/2024 |
8 | Atlas Energy Solutions versus New Concept Energy Financial Review - Defense World | 05/16/2024 |
About New Concept 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 New or other stocks. Alpha measures the amount that position in New Concept Energy 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.
2023 | 2024 (projected) | Dividend Yield | 0.001383 | 0.001314 | Price To Sales Ratio | 33.76 | 35.45 |
New Concept Upcoming Company Events
As portrayed in its financial statements, the presentation of New Concept's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, New Concept's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of New Concept's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of New Concept. Please utilize our Beneish M Score to check the likelihood of New Concept's management manipulating its earnings.
19th of March 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with New Concept
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 New Concept Backtesting, New Concept Valuation, New Concept Correlation, New Concept Hype Analysis, New Concept Volatility, New Concept History and analyze New Concept Performance. Note that the New Concept Energy information on this page should be used as a complementary analysis to other New Concept'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 the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for New Stock analysis
When running New Concept's price analysis, check to measure New Concept'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 Concept is operating at the current time. Most of New Concept's value examination focuses on studying past and present price action to predict the probability of New Concept's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Concept's price. Additionally, you may evaluate how the addition of New Concept to your portfolios can decrease your overall portfolio volatility.
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