National Fuel Gas Stock Alpha and Beta Analysis
NFG Stock | USD 53.10 0.83 1.54% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as National Fuel Gas. It also helps investors analyze the systematic and unsystematic risks associated with investing in National Fuel over a specified time horizon. Remember, high National Fuel'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 National Fuel's market risk premium analysis include:
Beta (0.22) | Alpha 0.22 | Risk 1.54 | Sharpe Ratio 0.13 | Expected Return 0.21 |
National Fuel 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.
National |
National Fuel Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. National Fuel market risk premium is the additional return an investor will receive from holding National Fuel 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 National Fuel. 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 National Fuel's performance over market.α | 0.22 | β | -0.22 |
National Fuel 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 National Fuel's Buy-and-hold return. Our buy-and-hold chart shows how National Fuel performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.National Fuel Market Price Analysis
Market price analysis indicators help investors to evaluate how National Fuel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Fuel shares will generate the highest return on investment. By understating and applying National Fuel stock market price indicators, traders can identify National Fuel position entry and exit signals to maximize returns.
National Fuel Return and Market Media
The median price of National Fuel for the period between Thu, Feb 1, 2024 and Wed, May 1, 2024 is 50.85 with a coefficient of variation of 5.43. The daily time series for the period is distributed with a sample standard deviation of 2.74, arithmetic mean of 50.39, and mean deviation of 2.4. The Stock received a lot of media exposure during the period. Price Growth (%) |
Timeline |
1 | National Fuel Gas Q1 Earnings Beat on Higher Production | 02/08/2024 |
2 | Shelton Capital Management Has 221,000 Stock Position in National Fuel Gas | 03/05/2024 |
3 | Returns At National Fuel Gas Appear To Be Weighed Down | 03/18/2024 |
4 | Vanguard Group Inc. Has 684.70 Million Holdings in National Fuel Gas - MarketBeat | 03/22/2024 |
5 | Disposition of 450 shares by Michael Reville of National Fuel at 52.72 subject to Rule 16b-3 | 03/27/2024 |
6 | Acquisition by David Anderson of 820 shares of National Fuel subject to Rule 16b-3 | 04/01/2024 |
7 | Quent Capital LLC Grows Stock Holdings in National Fuel Gas - Defense World | 04/02/2024 |
8 | National Fuel Gas PT Raised to 72.00 at Scotiabank - MarketBeat | 04/11/2024 |
National Fuel dividend paid on 15th of April 2024 | 04/15/2024 |
10 | Mutual of America Capital Management LLC Decreases Holdings in National Fuel Gas - Defense World | 04/19/2024 |
11 | Earnings Preview National Fuel Gas Q2 Earnings Expected to Decline | 04/24/2024 |
About National Fuel 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 National or other stocks. Alpha measures the amount that position in National Fuel Gas 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) | Dividend Yield | 0.0299 | 0.037 | 0.0425 | 0.0383 | Price To Sales Ratio | 2.57 | 2.19 | 1.97 | 1.33 |
National Fuel Upcoming Company Events
As portrayed in its financial statements, the presentation of National Fuel's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, National Fuel's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of National Fuel's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of National Fuel. Please utilize our Beneish M Score to check the likelihood of National Fuel's management manipulating its earnings.
7th of February 2024 Upcoming Quarterly Report | View | |
1st of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
6th of November 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
30th of September 2023 Last Financial Announcement | View |
Build Portfolio with National Fuel
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 National Fuel Backtesting, National Fuel Valuation, National Fuel Correlation, National Fuel Hype Analysis, National Fuel Volatility, National Fuel History and analyze National Fuel Performance. Note that the National Fuel Gas information on this page should be used as a complementary analysis to other National Fuel'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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When running National Fuel's price analysis, check to measure National Fuel'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 National Fuel is operating at the current time. Most of National Fuel's value examination focuses on studying past and present price action to predict the probability of National Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Fuel's price. Additionally, you may evaluate how the addition of National Fuel to your portfolios can decrease your overall portfolio volatility.
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National Fuel 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.