Ni Holdings Stock Performance
| NODK Stock | USD 14.97 0.12 0.81% |
NI Holdings has a performance score of 7 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.98, which conveys possible diversification benefits within a given portfolio. NI Holdings returns are very sensitive to returns on the market. As the market goes up or down, NI Holdings is expected to follow. NI Holdings today owns a risk of 1.71%. Please verify NI Holdings potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if NI Holdings will be following its current price history.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in NI Holdings are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite quite unfluctuating fundamental indicators, NI Holdings may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return 0.81 | Five Day Return (2.22) | Year To Date Return 15.6 | Ten Year Return 1.49 | All Time Return 1.49 |
1 | Acquisition by Alexander Michael J. of 30600 shares of NI Holdings subject to Rule 16b-3 | 03/01/2024 |
2 | SP 500 and Nasdaq 100 Post Record Highs on Dovish Powell Comment - TradingView | 03/07/2024 |
3 | NI Holdings GAAP EPS of 0.32, net earned premiums of 88.6M | 03/15/2024 |
4 | NI Issues Earnings Results - Defense World | 03/18/2024 |
5 | NI Stock Price Down 2.2 percent - MarketBeat | 03/22/2024 |
6 | Assenagon Asset Management S.A. Grows Stock Position in NiSource Inc. - Defense World | 03/28/2024 |
7 | Chevy Chase Trust Holdings LLC Trims Holdings in NiSource Inc. - Defense World | 04/10/2024 |
8 | Acquisition by Devlin William Russell of 1500 shares of NI Holdings subject to Rule 16b-3 | 04/19/2024 |
9 | Jennison Associates LLC Trims Stock Position in NiSource Inc. - MarketBeat | 04/22/2024 |
| Begin Period Cash Flow | 47 M | |
| Free Cash Flow | 25 M |
NODK |
NI Holdings Relative Risk vs. Return Landscape
If you would invest 1,359 in NI Holdings on January 29, 2024 and sell it today you would earn a total of 138.00 from holding NI Holdings or generate 10.15% return on investment over 90 days. NI Holdings is currently generating 0.1653% in daily expected returns and assumes 1.7052% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than NODK, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
NI Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NI Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NI Holdings, and traders can use it to determine the average amount a NI Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0969
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average NI Holdings is performing at about 7% of its full potential. 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 NI Holdings by adding it to a well-diversified portfolio.
NI Holdings Fundamentals Growth
NODK Stock prices reflect investors' perceptions of the future prospects and financial health of NI Holdings, and NI Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NODK Stock performance.
| Return On Equity | -0.0208 | |||
| Return On Asset | 0.0025 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 256.74 M | |||
| Shares Outstanding | 20.63 M | |||
| Price To Earning | 7.34 X | |||
| Price To Book | 1.23 X | |||
| Price To Sales | 0.83 X | |||
| Revenue | 365.69 M | |||
| Gross Profit | (69.03 M) | |||
| EBITDA | 1.03 M | |||
| Net Income | (5.48 M) | |||
| Cash And Equivalents | 63.03 M | |||
| Cash Per Share | 2.98 X | |||
| Total Debt | 2.06 M | |||
| Debt To Equity | 0.64 % | |||
| Current Ratio | 0.51 X | |||
| Book Value Per Share | 12.02 X | |||
| Cash Flow From Operations | 25.97 M | |||
| Earnings Per Share | (0.26) X | |||
| Market Capitalization | 308.82 M | |||
| Total Asset | 615.68 M | |||
| Retained Earnings | 208.38 M | |||
| Working Capital | 40.05 M | |||
| Current Asset | 44.43 M | |||
| Current Liabilities | 4.38 M | |||
About NI Holdings Performance
To evaluate NI Holdings Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when NI Holdings generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare NODK Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand NI Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents NODK's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.0006) | (0.0006) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about NI Holdings performance evaluation
Checking the ongoing alerts about NI Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NI Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company currently holds 2.06 M in liabilities with Debt to Equity (D/E) ratio of 0.64, which is about average as compared to similar companies. NI Holdings has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NI Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, NI Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NI Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NODK to invest in growth at high rates of return. When we think about NI Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 365.69 M. Net Loss for the year was (5.48 M) with loss before overhead, payroll, taxes, and interest of (69.03 M). | |
| NI Holdings has a poor financial position based on the latest SEC disclosures | |
| About 68.0% of NI Holdings outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Jennison Associates LLC Trims Stock Position in NiSource Inc. - MarketBeat |
- Analyzing NI Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NI Holdings' stock is overvalued or undervalued compared to its peers.
- Examining NI Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NI Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of NI Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NI Holdings' stock. These opinions can provide insight into NI Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NI Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.Note that the NI Holdings information on this page should be used as a complementary analysis to other NI Holdings' 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for NODK Stock analysis
When running NI Holdings' price analysis, check to measure NI Holdings' 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 NI Holdings is operating at the current time. Most of NI Holdings' value examination focuses on studying past and present price action to predict the probability of NI Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NI Holdings' price. Additionally, you may evaluate how the addition of NI Holdings to your portfolios can decrease your overall portfolio volatility.
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Is NI Holdings' 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 NI Holdings. If investors know NODK 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 NI Holdings 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 6.564 | Earnings Share (0.26) | Revenue Per Share 17.283 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0025 |
The market value of NI Holdings is measured differently than its book value, which is the value of NODK that is recorded on the company's balance sheet. Investors also form their own opinion of NI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NI Holdings' 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 NI Holdings' market value can be influenced by many factors that don't directly affect NI Holdings' 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 NI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NI Holdings' 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.