National Bank Holdings Stock Probability of Future Stock Price Finishing Under 47.73
| NBHC Stock | USD 43.06 0.03 0.07% |
National |
National Bank Target Price Odds to finish below 47.73
The tendency of National 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 stay under $ 47.73 after 90 days |
| 43.06 | 90 days | 47.73 | about 82.71 |
Based on a normal probability distribution, the odds of National Bank to stay under $ 47.73 after 90 days from now is about 82.71 (This National Bank Holdings probability density function shows the probability of National Stock to fall within a particular range of prices over 90 days) . Probability of National Bank Holdings price to stay between its current price of $ 43.06 and $ 47.73 at the end of the 90-day period is about 57.81 .
Given the investment horizon of 90 days National Bank has a beta of 0.19. This indicates as returns on the market go up, National Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding National Bank Holdings will be expected to be much smaller as well. Additionally National Bank Holdings has an alpha of 0.0903, implying that it can generate a 0.0903 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). National Bank Price Density |
| Price |
Predictive Modules for National Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as National Bank 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.National Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. National Bank is not an exception. The market had few large corrections towards the National Bank's 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 National Bank Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of National Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 2.88 | |
Ir | Information ratio | 0.04 |
National Bank 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 National Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for National Bank 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.| National Bank is unlikely to experience financial distress in the next 2 years | |
| Over 98.0% of the company shares are owned by institutional investors | |
| On 13th of December 2024 National Bank paid $ 0.29 per share dividend to its current shareholders | |
| Latest headline from cnbc.com: The Feds rate outlook has rattled markets. Heres what it means for global central banks |
National Bank 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 National Stock often depends not only on the future outlook of the current and potential National Bank's 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. National Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.1 M | |
| Cash And Short Term Investments | 190.8 M |
National Bank Technical Analysis
National Bank's future price can be derived by breaking down and analyzing its technical indicators over time. National Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of National Bank Holdings. In general, you should focus on analyzing National Stock price patterns and their correlations with different microeconomic environments and drivers.
National Bank Predictive Forecast Models
National Bank's time-series forecasting models is one of many National Bank's 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 National Bank's 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.