Ni Holdings Stock Analysis

NODK Stock Analysis Notes

About 68.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.2. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NI Holdings had not issued any dividends in recent years. NI Holdings, Inc. underwrites property and casualty insurance products in the United States. NI Holdings, Inc. is a subsidiary of Nodak Mutual Group, Inc. Ni Holdings operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 204 people. To find out more about NI Holdings contact MA BA at 701 298 4200 or learn more at https://www.niholdingsinc.com.

NI Holdings Investment Alerts

NI Holdings Upcoming and Recent Events

NI Holdings Environmental, Social, and Governance (ESG) Scores

NI Holdings Thematic Classifications

NODK Stock Institutional Investors

Note, although NI Holdings' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

NODK Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 292.85 M.

NODK Profitablity

The company has Profit Margin (PM) of (0.02) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.22 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.22.

Management Efficiency

NI Holdings has return on total asset (ROA) of 0.0135 % which means that it generated a profit of $0.0135 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0267 %, meaning that it created $0.0267 on every $100 dollars invested by stockholders. NI Holdings' management efficiency ratios could be used to measure how well NI Holdings manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.0027 this year. Return On Capital Employed is expected to rise to -0.62 this year. Non Current Liabilities Total is expected to rise to about 209.3 M this year, although the value of Total Current Liabilities will most likely fall to about 6.8 M.

Technical Drivers

As of the 21st of March, NI Holdings owns the Market Risk Adjusted Performance of (0.31), mean deviation of 1.17, and Information Ratio of (0.11). In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of NI Holdings, as well as the relationship between them.

NI Holdings Price Movement Analysis

NI Holdings Insider Trading Activities

NI Holdings Outstanding Bonds

NI Holdings Predictive Daily Indicators

NI Holdings Corporate Filings

NI Holdings Forecast Models

NI Holdings' time-series forecasting models are one of many NI Holdings' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary NI Holdings' 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 market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how NI Holdings prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NODK shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as NI Holdings. By using and applying NODK Stock analysis, traders can create a robust methodology for identifying NODK entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Is Property & Casualty Insurance 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 NI Holdings. If investors know NODK 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 NI Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of NI Holdings is measured differently than its book value, which is the value of NODK that is recorded on the company's balance sheet. Investors also form their own opinion of NI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NI Holdings' 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 NI Holdings' market value can be influenced by many factors that don't directly affect NI Holdings' 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 NI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NI Holdings' 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.