Nmi Holdings Stock Technical Analysis
| NMIH Stock | USD 40.03 0.03 0.07% |
As of the 28th of November, NMI Holdings secures the risk adjusted performance of 0.0149, and Mean Deviation of 1.1. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NMI Holdings, as well as the relationship between them.
NMI Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NMI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NMINMI |
NMI Holdings Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 31.57 | Strong Buy | 8 | Odds |
Most NMI analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand NMI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of NMI Holdings, talking to its executives and customers, or listening to NMI conference calls.
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.
NMI Holdings Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of NMI Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NMI Holdings Trend Analysis
Use this graph to draw trend lines for NMI Holdings. You can use it to identify possible trend reversals for NMI Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual NMI Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NMI Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NMI Holdings applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that NMI Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 133.94, which is the sum of squared deviations for the predicted NMI Holdings price change compared to its average price change.About NMI Holdings Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of NMI Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of NMI Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NMI Holdings price pattern first instead of the macroeconomic environment surrounding NMI Holdings. By analyzing NMI Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of NMI Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to NMI Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 60.64 | 63.52 | 65.54 | 34.91 | PTB Ratio | 1.19 | 1.1 | 1.27 | 1.14 |
NMI Holdings November 28, 2024 Technical Indicators
Most technical analysis of NMI help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for NMI from various momentum indicators to cycle indicators. When you analyze NMI charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0149 | |||
| Market Risk Adjusted Performance | 0.0487 | |||
| Mean Deviation | 1.1 | |||
| Semi Deviation | 1.73 | |||
| Downside Deviation | 1.77 | |||
| Coefficient Of Variation | 7906.06 | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.53 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0387 | |||
| Maximum Drawdown | 9.75 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.37 | |||
| Downside Variance | 3.12 | |||
| Semi Variance | 3.0 | |||
| Expected Short fall | (1.06) | |||
| Skewness | (0.50) | |||
| Kurtosis | 2.71 |
NMI Holdings November 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as NMI stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 4,783 | ||
| Daily Balance Of Power | 0.05 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 40.22 | ||
| Day Typical Price | 40.15 | ||
| Price Action Indicator | (0.17) |
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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