National Bankshares Stock Price on May 9, 2024
| NKSH Stock | USD 31.82 0.25 0.79% |
Below is the normalized historical share price chart for National Bankshares extending back to April 13, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of National Bankshares stands at 31.82, as last reported on the 29th of November, with the highest price reaching 32.07 and the lowest price hitting 31.11 during the day.
If you're considering investing in National Stock, it is important to understand the factors that can impact its price. National Bankshares appears to be very steady, given 3 months investment horizon. National Bankshares has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for National Bankshares, which you can use to evaluate the volatility of the firm. Please exercise National Bankshares' Mean Deviation of 1.9, risk adjusted performance of 0.0542, and Downside Deviation of 2.36 to check out if our risk estimates are consistent with your expectations.
The National Bankshares' current Common Stock Total Equity is estimated to increase to about 6.8 M, while Total Stockholder Equity is projected to decrease to under 130 M. . As of now, National Bankshares' Price Sales Ratio is decreasing as compared to previous years. The National Bankshares' current Price Fair Value is estimated to increase to 1.69, while Price Earnings Ratio is projected to decrease to 10.66. National Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of December 1999 | 200 Day MA 30.1677 | 50 Day MA 29.7452 | Beta 0.507 |
National |
Sharpe Ratio = 0.1104
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NKSH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average National Bankshares is performing at about 8% 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 National Bankshares by adding it to a well-diversified portfolio.
Price Book 1.2064 | Price Sales 4.6584 | Shares Float 6.1 M | Dividend Share 1.51 | Wall Street Target Price 30.25 |
National Bankshares Valuation on May 9, 2024
It is possible to determine the worth of National Bankshares on a given historical date. On May 9, 2024 National was worth 27.49 at the beginning of the trading date compared to the closed value of 28.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of National Bankshares stock. Still, in general, we apply an absolute valuation method to find National Bankshares' 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 National Bankshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against National Bankshares' related companies.
| Open | High | Low | Close | Volume | |
| 26.44 | 28.13 | 26.44 | 27.72 | 18,156 | |
05/09/2024 | 27.49 | 28.98 | 27.34 | 28.86 | 13,820 |
| 28.53 | 29.12 | 28.17 | 28.80 | 41,975 |
| Backtest National Bankshares | | | National Bankshares History | | | National Bankshares Valuation | Previous | Next |
National Bankshares Trading Date Momentum on May 9, 2024
| On May 10 2024 National Bankshares was traded for 28.80 at the closing time. The top price for the day was 29.12 and the lowest listed price was 28.17 . The trading volume for the day was 42 K. The trading history from May 10, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.21% . The trading delta at closing time against the current closing price is 1.91% . |
National Bankshares Fundamentals Correlations and Trends
By evaluating National Bankshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among National Bankshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. National financial account trend analysis is a perfect complement when working with valuation or volatility modules.About National Bankshares Stock history
National Bankshares 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 National is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in National Bankshares 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 National Bankshares stock prices may prove useful in developing a viable investing in National Bankshares
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.9 M | 5.5 M | |
| Net Income Applicable To Common Shares | 29.8 M | 16.3 M |
National Bankshares Stock Technical Analysis
National Bankshares 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
National Bankshares Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
National Bankshares cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
National Bankshares November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how National Bankshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Bankshares shares will generate the highest return on investment. By undertsting and applying National Bankshares stock market strength indicators, traders can identify National Bankshares entry and exit signals to maximize returns
National Bankshares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for National Bankshares' price direction in advance. Along with the technical and fundamental analysis of National Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of National 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 | 0.0542 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0083 | |||
| Treynor Ratio | 0.0971 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for National Stock analysis
When running National Bankshares' price analysis, check to measure National Bankshares' 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 National Bankshares is operating at the current time. Most of National Bankshares' value examination focuses on studying past and present price action to predict the probability of National Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Bankshares' price. Additionally, you may evaluate how the addition of National Bankshares to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |