NMI Holdings (Germany) Price on February 13, 2023

6NM Stock  EUR 37.60  0.20  0.53%   
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 37.60, as last reported on the 3rd of December, with the highest price reaching 37.60 and the lowest price hitting 37.60 during the day. At this point, NMI Holdings is very steady. NMI Holdings has Sharpe Ratio of 0.028, which conveys that the firm had a 0.028% 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 0.0266, and Mean Deviation of 1.22 to check out if the risk estimate we provide is consistent with the expected return of 0.0485%.
  
NMI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.028

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Estimated Market Risk

 1.74
  actual daily
15
85% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average NMI Holdings is performing at about 2% 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 13, 2023

It is possible to determine the worth of NMI Holdings on a given historical date. On February 13, 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
  21.40    21.40    21.40    21.40    100.00  
02/13/2023
  21.40    21.40    21.40    21.40    100.00  
  21.80    21.80    21.80    21.80    100.00  
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Open Value
21.4
21.4
Closing Value
26.61
Upside

NMI Holdings Trading Date Momentum on February 13, 2023

On February 14 2023 NMI Holdings was traded for  21.80  at the closing time. The highest daily price throughout the period was 21.80  and the lowest price was  21.80 . The daily volume was 100.0. The net trading volume on 02/14/2023 added to the next day price rise. The daily price change to closing price of the next trading day was 1.87% . The trading delta at closing time to current closing price is 0.93% .

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.
A focus of NMI Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NMI Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

NMI Holdings Period Price Range

Low
December 3, 2024
0.00  NaN%
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 3, 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.

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.
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