N Able Inc Stock Price on February 16, 2023

NABL Stock  USD 9.39  0.21  2.19%   
If you're considering investing in NABL Stock, it is important to understand the factors that can impact its price. As of today, the current price of N Able stands at 9.39, as last reported on the 29th of December, with the highest price reaching 9.57 and the lowest price hitting 9.32 during the day. N Able Inc retains Efficiency (Sharpe Ratio) of -0.31, which conveys that the company had a -0.31% return per unit of return volatility over the last 3 months. N Able exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify N Able's Mean Deviation of 1.16, market risk adjusted performance of 4.13, and Standard Deviation of 1.59 to check out the risk estimate we provide.
  
At this time, N Able's Common Stock Shares Outstanding is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 1.2 B this year, although the value of Other Stockholder Equity will most likely fall to about 361.6 M. . At this time, N Able's Price Book Value Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 2.70 this year, although the value of Price Earnings Ratio will most likely fall to 98.05. NABL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.3126

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Estimated Market Risk

 1.6
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.5
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.31
  actual daily
0
Most of other assets perform better
Based on monthly moving average N Able is not performing at its full potential. However, 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 N Able by adding N Able to a well-diversified portfolio.
Price Book
2.2995
Enterprise Value Ebitda
16.6034
Price Sales
3.8401
Shares Float
71.9 M
Wall Street Target Price
13.64

N Able Main Headline on 16th of February 2023

Filed transaction by Nable Inc officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)

N Able Valuation on February 16, 2023

It is possible to determine the worth of N Able on a given historical date. On February 16, 2023 NABL was worth 10.18 at the beginning of the trading date compared to the closed value of 10.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of N Able stock. Still, in general, we apply an absolute valuation method to find N Able's 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 N Able where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against N Able's related companies.
 Open High Low Close Volume
  10.16    10.43    10.16    10.38    333,314  
02/16/2023
  10.18    10.26    9.93    10.09    281,250  
  10.13    10.20    9.87    10.13    440,913  
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Open Value
10.18
10.09
Closing Value
14.99
Upside

N Able Trading Date Momentum on February 16, 2023

On February 17 2023 N Able Inc was traded for  10.13  at the closing time. The top price for the day was 10.20  and the lowest listed price was  9.87 . The trading volume for the day was 440.9 K. The trading history from February 17, 2023 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 0.40% . The trading delta at closing time against the current closing price is 16.25% .

N Able Inc Fundamentals Correlations and Trends

By evaluating N Able's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among N Able's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NABL financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About N Able Stock history

N Able 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 NABL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in N Able Inc 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 N Able stock prices may prove useful in developing a viable investing in N Able
Last ReportedProjected for Next Year
Common Stock Shares Outstanding186 M199 M
Net Income Applicable To Common Shares19.2 M20.2 M

N Able Quarterly Net Working Capital

167.24 Million

N Able Stock Technical Analysis

N Able 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 N Able technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of N Able 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

N Able Period Price Range

Low
December 29, 2024
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N Able Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

N Able December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how N Able stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading N Able shares will generate the highest return on investment. By undertsting and applying N Able stock market strength indicators, traders can identify N Able Inc entry and exit signals to maximize returns

N Able Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for N Able's price direction in advance. Along with the technical and fundamental analysis of NABL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NABL 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.
When determining whether N Able Inc is a strong investment it is important to analyze N Able's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact N Able's future performance. For an informed investment choice regarding NABL Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N Able Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of N Able. If investors know NABL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about N Able listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.933
Earnings Share
0.2
Revenue Per Share
2.484
Quarterly Revenue Growth
0.083
Return On Assets
0.0483
The market value of N Able Inc is measured differently than its book value, which is the value of NABL that is recorded on the company's balance sheet. Investors also form their own opinion of N Able's value that differs from its market value or its book value, called intrinsic value, which is N Able's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because N Able's market value can be influenced by many factors that don't directly affect N Able's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between N Able's value and its price as these two are different measures arrived at by different means. Investors typically determine if N Able is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, N Able's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.