NMI Holdings (Germany) Probability of Future Stock Price Finishing Under 16.16
| 6NM Stock | EUR 35.40 1.60 4.32% |
NMI |
NMI Holdings Target Price Odds to finish below 16.16
The tendency of NMI Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 16.16 or more in 90 days |
| 35.40 | 90 days | 16.16 | near 1 |
Based on a normal probability distribution, the odds of NMI Holdings to drop to € 16.16 or more in 90 days from now is near 1 (This NMI Holdings probability density function shows the probability of NMI Stock to fall within a particular range of prices over 90 days) . Probability of NMI Holdings price to stay between € 16.16 and its current price of €35.4 at the end of the 90-day period is about 13.01 .
Assuming the 90 days horizon NMI Holdings has a beta of 0.82. This suggests as returns on the market go up, NMI Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NMI Holdings will be expected to be much smaller as well. Additionally NMI Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. NMI Holdings Price Density |
| Price |
Predictive Modules for NMI Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NMI Holdings. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.NMI Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NMI Holdings is not an exception. The market had few large corrections towards the NMI Holdings' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold NMI Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NMI Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 1.05 | |
Ir | Information ratio | -0.03 |
NMI Holdings Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NMI Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NMI Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NMI Holdings has accumulated 396.05 M in total debt with debt to equity ratio (D/E) of 19.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. NMI Holdings has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NMI Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, NMI 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 NMI Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NMI to invest in growth at high rates of return. When we think about NMI Holdings' use of debt, we should always consider it together with cash and equity. | |
| Over 100.0% of NMI Holdings shares are owned by institutions such as pension funds |
NMI Holdings Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of NMI Stock often depends not only on the future outlook of the current and potential NMI Holdings' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. NMI Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 83.5 M |
NMI Holdings Technical Analysis
NMI Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. NMI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NMI Holdings. In general, you should focus on analyzing NMI Stock price patterns and their correlations with different microeconomic environments and drivers.
NMI Holdings Predictive Forecast Models
NMI Holdings' time-series forecasting models is one of many NMI Holdings' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary NMI Holdings' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about NMI Holdings
Checking the ongoing alerts about NMI Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NMI Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NMI Holdings has accumulated 396.05 M in total debt with debt to equity ratio (D/E) of 19.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. NMI Holdings has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NMI Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, NMI 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 NMI Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NMI to invest in growth at high rates of return. When we think about NMI Holdings' use of debt, we should always consider it together with cash and equity. | |
| Over 100.0% of NMI Holdings shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in NMI Stock
When determining whether NMI Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NMI Holdings' 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 Nmi Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nmi Holdings Stock:Check out NMI Holdings Backtesting, NMI Holdings Valuation, NMI Holdings Correlation, NMI Holdings Hype Analysis, NMI Holdings Volatility, NMI Holdings History as well as NMI Holdings Performance. For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.