NMI Holdings (Germany) Price on February 10, 2023
6NM Stock | EUR 35.40 1.60 4.32% |
If you're considering investing in NMI Stock, it is important to understand the factors that can impact its price. As of today, the current price of NMI Holdings stands at 35.40, as last reported on the 11th of December 2024, with the highest price reaching 35.40 and the lowest price hitting 35.40 during the day. At this point, NMI Holdings is very steady. NMI Holdings has Sharpe Ratio of 0.0432, which conveys that the firm had a 0.0432% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for NMI Holdings, which you can use to evaluate the volatility of the firm. Please verify NMI Holdings' risk adjusted performance of 0.0189, and Mean Deviation of 1.24 to check out if the risk estimate we provide is consistent with the expected return of 0.0754%.
NMI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NMI |
Sharpe Ratio = 0.0432
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | 6NM | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average NMI Holdings is performing at about 3% 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 NMI Holdings by adding it to a well-diversified portfolio.
NMI Holdings Valuation on February 10, 2023
It is possible to determine the worth of NMI Holdings on a given historical date. On February 10, 2023 NMI was worth 21.4 at the beginning of the trading date compared to the closed value of 21.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NMI Holdings stock. Still, in general, we apply an absolute valuation method to find NMI Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of NMI Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NMI Holdings' related companies.
Open | High | Low | Close | Volume | |
21.60 | 21.60 | 21.60 | 21.60 | 100.00 | |
02/10/2023 | 21.40 | 21.40 | 21.40 | 21.40 | 100.00 |
21.40 | 21.40 | 21.40 | 21.40 | 100.00 |
Backtest NMI Holdings | | | NMI Holdings History | | | NMI Holdings Valuation | Previous | Next |
NMI Holdings Trading Date Momentum on February 10, 2023
On February 13 2023 NMI Holdings was traded for 21.40 at the closing time. The highest daily price throughout the period was 21.40 and the lowest price was 21.40 . The daily volume was 100.0. The net trading volume on 02/13/2023 did not cause price change. The trading delta at closing time to current closing price is 5.61% . |
NMI Holdings Fundamentals Correlations and Trends
By evaluating NMI Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NMI Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NMI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NMI Holdings Stock history
NMI Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for NMI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NMI Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing NMI Holdings stock prices may prove useful in developing a viable investing in NMI Holdings
NMI Holdings, Inc., through its subsidiaries, provides private mortgage guaranty insurance services in the United States. The company was founded in 2011 and is headquartered in Emeryville, California. NMI HOLDS operates under Insurance - Property Casualty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 314 people.
NMI Holdings Stock Technical Analysis
NMI Holdings 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.
Price Boundaries
NMI Holdings Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
NMI Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
NMI Holdings December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how NMI Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NMI Holdings shares will generate the highest return on investment. By undertsting and applying NMI Holdings stock market strength indicators, traders can identify NMI Holdings entry and exit signals to maximize returns
NMI Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NMI Holdings' price direction in advance. Along with the technical and fundamental analysis of NMI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NMI to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0189 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.0265 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for NMI Stock analysis
When running NMI Holdings' price analysis, check to measure NMI 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 NMI Holdings is operating at the current time. Most of NMI Holdings' value examination focuses on studying past and present price action to predict the probability of NMI Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NMI Holdings' price. Additionally, you may evaluate how the addition of NMI Holdings to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Stocks Directory Find actively traded stocks across global markets | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
CEOs Directory Screen CEOs from public companies around the world | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |