National Bank Holdings Stock Market Value
| NBHC Stock | USD 41.53 0.42 1.00% |
| Symbol | National |
National Bank Holdings Price To Book Ratio
Is Regional Banks space 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 Bank. 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 Bank 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 (0.20) | Dividend Share 1.1 | Earnings Share 3.31 | Revenue Per Share 10.603 | Quarterly Revenue Growth (0.07) |
The market value of National Bank Holdings 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 Bank's value that differs from its market value or its book value, called intrinsic value, which is National Bank's 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 Bank's market value can be influenced by many factors that don't directly affect National Bank's 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 Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bank's 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.
National Bank 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to National Bank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of National Bank.
| 08/25/2024 |
| 09/24/2024 |
If you would invest 0.00 in National Bank on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding National Bank Holdings or generate 0.0% return on investment in National Bank over 30 days. National Bank is related to or competes with First Community, Community West, First Financial, First Northwest, Home Federal, HMN Financial, and First Capital. National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking produ... More
National Bank Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure National Bank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess National Bank Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.0552 | |||
| Maximum Drawdown | 10.13 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 4.17 |
National Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Bank's standard deviation. In reality, there are many statistical measures that can use National Bank historical prices to predict the future National Bank's volatility.| Risk Adjusted Performance | 0.0989 | |||
| Jensen Alpha | 0.0677 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0574 | |||
| Treynor Ratio | 0.1547 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of National Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
National Bank Holdings Backtested Returns
National Bank appears to be very steady, given 3 months investment horizon. National Bank Holdings has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for National Bank, which you can use to evaluate the volatility of the firm. Please exercise National Bank's Downside Deviation of 1.83, risk adjusted performance of 0.0989, and Mean Deviation of 1.41 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, National Bank holds a performance score of 9. The company secures a Beta (Market Risk) of 1.36, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, National Bank will likely underperform. Please check National Bank's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether National Bank's current price movements will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
National Bank Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between National Bank time series from 25th of August 2024 to 9th of September 2024 and 9th of September 2024 to 24th of September 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of National Bank Holdings price movement. The serial correlation of -0.76 indicates that around 76.0% of current National Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
National Bank Holdings lagged returns against current returns
Autocorrelation, which is National Bank stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting National Bank's stock expected returns. We can calculate the autocorrelation of National Bank returns to help us make a trade decision. For example, suppose you find that National Bank has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
National Bank regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If National Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National Bank stock over time.
Current vs Lagged Prices |
| Timeline |
National Bank Lagged Returns
When evaluating National Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National Bank stock have on its future price. National Bank autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, National Bank autocorrelation shows the relationship between National Bank stock current value and its past values and can show if there is a momentum factor associated with investing in National Bank Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in National Stock
When determining whether National Bank Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Bank Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bank Holdings Stock:Check out National Bank Correlation, National Bank Volatility and National Bank Alpha and Beta module to complement your research on National Bank. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
National Bank 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.