Nedbank Financials
| NED Stock | 28,289 159.00 0.56% |
Nedbank |
Please note, the presentation of Nedbank's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nedbank's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nedbank's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | ZAE000004875 |
| Business Address | 135 Rivonia Road, |
| Sector | Financial Services |
| Industry | Banks-Regional |
| Benchmark | Dow Jones Industrial |
| Website | www.nedbank.co.za |
| Phone | 27 11 294 4444 |
You should never invest in Nedbank without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nedbank Stock, because this is throwing your money away. Analyzing the key information contained in Nedbank's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nedbank Key Financial Ratios
There are many critical financial ratios that Nedbank's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nedbank Group reports annually and quarterly.| Return On Equity | 0.13 | |||
| Return On Asset | 0.0114 | |||
| Target Price | 253.29 | |||
| Beta | 1.11 | |||
| Last Dividend Paid | 15.41 |
Nedbank Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nedbank's current stock value. Our valuation model uses many indicators to compare Nedbank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nedbank competition to find correlations between indicators driving Nedbank's intrinsic value. More Info.Nedbank Group is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nedbank Group is roughly 11.15 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nedbank's earnings, one of the primary drivers of an investment's value.Nedbank Group Systematic Risk
Nedbank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nedbank volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Nedbank Group correlated with the market. If Beta is less than 0 Nedbank generally moves in the opposite direction as compared to the market. If Nedbank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nedbank Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nedbank is generally in the same direction as the market. If Beta > 1 Nedbank moves generally in the same direction as, but more than the movement of the benchmark.
Nedbank December 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nedbank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nedbank Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nedbank Group based on widely used predictive technical indicators. In general, we focus on analyzing Nedbank Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nedbank's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 8.18 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 1.85 |
Complementary Tools for Nedbank Stock analysis
When running Nedbank's price analysis, check to measure Nedbank'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 Nedbank is operating at the current time. Most of Nedbank's value examination focuses on studying past and present price action to predict the probability of Nedbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nedbank's price. Additionally, you may evaluate how the addition of Nedbank to your portfolios can decrease your overall portfolio volatility.
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