National Bankshares Stock Price on April 11, 2024
| NKSH Stock | USD 27.57 0.08 0.29% |
Below is the normalized historical share price chart for National Bankshares extending back to April 13, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of National Bankshares stands at 27.57, as last reported on the 5th of May, with the highest price reaching 28.60 and the lowest price hitting 27.15 during the day.
If you're considering investing in National Stock, it is important to understand the factors that can impact its price. National Bankshares has Sharpe Ratio of -0.0091, which conveys that the firm had a -0.0091% return per unit of risk over the last 3 months. National Bankshares exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National Bankshares' Risk Adjusted Performance of (0.03), mean deviation of 2.43, and Standard Deviation of 3.3 to check out the risk estimate we provide.
The National Bankshares' current Common Stock Total Equity is estimated to increase to about 6.8 M, while Total Stockholder Equity is projected to decrease to under 130 M. . As of now, National Bankshares' Price Book Value Ratio is decreasing as compared to previous years. The National Bankshares' current Price To Book Ratio is estimated to increase to 1.67, while Price To Sales Ratio is projected to decrease to 2.65. National Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of December 1999 | 200 Day MA 28.9654 | 50 Day MA 31.2936 | Beta 0.486 |
National |
Sharpe Ratio = -0.0091
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Estimated Market Risk
| 3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average National Bankshares is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of National Bankshares by adding National Bankshares to a well-diversified portfolio.
Price Book 1.2562 | Price Sales 3.5742 | Shares Float 5.7 M | Dividend Share 1.51 | Wall Street Target Price 34.5 |
National Bankshares Main Headline on 11th of April 2024
FRANKFURT, Germany The European Central Bank signalled Thursday it could cut interest rates at its next meeting in June, a big step as the rich worlds central banks, including the U.S. Federal Reserve, wrestle with how soon declining inflation will let them lower credit costs for business and consumers.
National Bankshares Valuation on April 11, 2024
It is possible to determine the worth of National Bankshares on a given historical date. On April 11, 2024 National was worth 29.8 at the beginning of the trading date compared to the closed value of 30.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of National Bankshares stock. Still, in general, we apply an absolute valuation method to find National Bankshares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of National Bankshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against National Bankshares' related companies.
| Open | High | Low | Close | Volume | |
| 30.08 | 30.31 | 29.30 | 30.25 | 10,885 | |
04/11/2024 | 29.80 | 30.88 | 29.45 | 30.60 | 6,480 |
| 30.04 | 30.18 | 29.01 | 29.05 | 7,851 |
| Backtest National Bankshares | | | National Bankshares History | | | National Bankshares Valuation | Previous | Next |
National Bankshares Trading Date Momentum on April 11, 2024
| On April 12 2024 National Bankshares was traded for 29.05 at the closing time. The top price for the day was 30.18 and the lowest listed price was 29.01 . The trading volume for the day was 7.9 K. The trading history from April 12, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 5.07% . The trading delta at closing time against the current closing price is 7.16% . |
National Bankshares Fundamentals Correlations and Trends
By evaluating National Bankshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among National Bankshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. National financial account trend analysis is a perfect complement when working with valuation or volatility modules.About National Bankshares Stock history
National Bankshares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for National is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in National Bankshares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing National Bankshares stock prices may prove useful in developing a viable investing in National Bankshares
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.9 M | 5.5 M | |
| Net Income Applicable To Common Shares | 29.8 M | 16.3 M |
National Bankshares Stock Technical Analysis
National Bankshares 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.
Price Boundaries
National Bankshares Period Price Range
Low | April 11, 2024
| High |
29.80 | 30.60 |
National Bankshares May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how National Bankshares 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 Bankshares shares will generate the highest return on investment. By undertsting and applying National Bankshares stock market strength indicators, traders can identify National Bankshares entry and exit signals to maximize returns
National Bankshares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for National Bankshares' price direction in advance. Along with the technical and fundamental analysis of National Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of National to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.08) |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for National Stock analysis
When running National Bankshares' price analysis, check to measure National Bankshares' 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 Bankshares is operating at the current time. Most of National Bankshares' value examination focuses on studying past and present price action to predict the probability of National Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Bankshares' price. Additionally, you may evaluate how the addition of National Bankshares to your portfolios can decrease your overall portfolio volatility.
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Is National Bankshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Bankshares. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.52) | Dividend Share 1.51 | Earnings Share 2.26 | Revenue Per Share 7.677 | Quarterly Revenue Growth (0.20) |
The market value of National Bankshares is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Bankshares' value that differs from its market value or its book value, called intrinsic value, which is National Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Bankshares' market value can be influenced by many factors that don't directly affect National Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.