National Stock Alpha and Beta Analysis

EYE -  USA Stock  

USD 26.99  0.79  2.84%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as National Vision Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in National Vision over a specified time horizon. Remember, high National Vision'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 National Vision Backtesting, National Vision Valuation, National Vision Correlation, National Vision Hype Analysis, National Vision Volatility, National Vision History and analyze National Vision Performance.
  
Refresh
Please note that although National Vision 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, National Vision did 0.27  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 National Vision Holdings stock's relative risk over its benchmark. National Vision Holdings has a beta of 1.21  . Let's try to break down what National's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, National Vision will likely underperform.
National Vision Enterprise Value over EBITDA is projected to increase slightly based on the last few years of reporting. The past year's Enterprise Value over EBITDA was at 16.69. The current year Price to Book Value is expected to grow to 4.69, whereas Tangible Assets Book Value per Share are forecasted to decline to 11.83.
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 Vision Quarterly Book Value per Share

11.676

Share

National Vision Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. National Vision market risk premium is the additional return an investor will receive from holding National Vision 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 Vision. 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 Vision's performance over market.
α-0.27   β1.21
90 days against DJI

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

National Vision Market Price Analysis

Market price analysis indicators help investors to evaluate how National Vision 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 Vision shares will generate the highest return on investment. By understating and applying National Vision stock market price indicators, traders can identify National Vision position entry and exit signals to maximize returns.

National Vision Return and Market Media

The median price of National Vision for the period between Sat, Feb 19, 2022 and Fri, May 20, 2022 is 39.48 with a coefficient of variation of 14.42. The daily time series for the period is distributed with a sample standard deviation of 5.6, arithmetic mean of 38.84, and mean deviation of 4.11. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Financial Statements02/28/2022
2
Exercise or conversion by Melissa Rasmussen of 383 shares of...03/02/2022
3
Acquisition by Francis Roger F of 9187 shares of National Vi...03/04/2022
4
Exercise or conversion by Acharya Ravi of 6 shares of Nation...03/08/2022
5
Exercise or conversion by Acharya Ravi of 896 shares of Nati...03/18/2022
6
National Vision Holdings - Consensus Indicates Potential 13....03/23/2022
7
Communications Systems, Inc. Announces Closing of the Merger...03/28/2022
8
Done deal One of Cincinnatis 10 largest companies acquired f...03/31/2022
9
JetBlues headscratcher bid for Spirit may be bad news for co...04/06/2022
10
How The Pieces Add Up IEHS Targets 49 - Nasdaq04/12/2022
11
Acquisition by Vandette Joseph of 2312 shares of National Vi...04/13/2022
12
Are Strong Financial Prospects The Force That Is Driving The...04/19/2022
13
Brokerages Expect National Vision Holdings, Inc. Will Announ...04/29/2022
14
Exercise or conversion by Francis Roger F of 22 shares of Na...05/05/2022
15
Unclassified Event05/09/2022
16
Financial Statements05/10/2022
17
Purchase by Jared Brandman of 5000 shares of National Vision05/16/2022
18
National Vision Holdings, Inc. Expected to Announce Earnings...05/19/2022

About National Vision 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 National Vision Holdings 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.
 2010 2016 2022 (projected)
Current Ratio1.50.741.18
Book Value per Share11.327.159.72

National Vision Upcoming Company Events

As portrayed in its financial statements, the presentation of National Vision's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, National Vision's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of National Vision's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of National Vision. Please utilize our Beneish M Score to check the likelihood of National Vision's management manipulating its earnings.
Upcoming Quarterly Report2nd of March 2022
Next Financial Report12th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End2nd of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with National Vision

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 National Vision Backtesting, National Vision Valuation, National Vision Correlation, National Vision Hype Analysis, National Vision Volatility, National Vision History and analyze National Vision Performance. Note that the National Vision Holdings information on this page should be used as a complementary analysis to other National Vision'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for National Stock analysis

When running National Vision Holdings price analysis, check to measure National Vision'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 Vision is operating at the current time. Most of National Vision's value examination focuses on studying past and present price action to predict the probability of National Vision's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move National Vision's price. Additionally, you may evaluate how the addition of National Vision to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
National Vision 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 National Vision technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of National Vision 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...