National Competitors

NB9 Stock  EUR 31.80  0.40  1.27%   
National Bank Holdings competes with Xtrackers ShortDAX, Superior Plus, SIVERS SEMICONDUCTORS, NorAm Drilling, and Identiv; as well as few others. The company classifies itself under Financial Services sector and is part of Banks - Regional - US industry. Analyzing National Bank competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of National Bank to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out National Bank Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of National Bank competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of National Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
30.0431.8033.56
Details
Intrinsic
Valuation
LowRealHigh
24.7726.5334.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as National Bank. Your research has to be compared to or analyzed against National Bank's peers to derive any actionable benefits. When done correctly, National Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in National Bank Holdings.

National Bank Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between National Bank and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of National and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of National Bank Holdings does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
NOH12DG
TM9DBPD
NOH1DBPD
NOH1TM9
TM92DG
2DGDBPD
  
High negative correlations   
6HWDBPD
NOH16HW
6HW2DG
6HWTM9
INVN2DG
NOH1INVN

Risk-Adjusted Indicators

There is a big difference between National Stock performing well and National Bank Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze National Bank's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

National Bank Competitive Analysis

The better you understand National Bank competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, National Bank's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across National Bank's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NB9DBPD8SP2DGTM9INVN6HWNOH1
 1.27 
 31.80 
National
 1.12 
 0.88 
Xtrackers
 0.76 
 6.61 
Superior
 2.04 
 0.48 
SIVERS
 1.27 
 3.19 
NorAm
 1.16 
 7.00 
Identiv
 0.40 
 25.00 
BANK
 0.20 
 5.13 
Norsk
Market Volatility
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(90 Days Macroaxis Advice)
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National Bank Competition Performance Charts

Five steps to successful analysis of National Bank Competition

National Bank's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by National Bank Holdings in relation to its competition. National Bank's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of National Bank in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact National Bank's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to National Bank Holdings, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your National Bank position

In addition to having National Bank in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Impulse
Impulse Theme
Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Impulse Theme or any other thematic opportunities.
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When determining whether National Bank Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Bank Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bank Holdings Stock:
Check out National Bank Correlation with its peers.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for National Stock analysis

When running National Bank's price analysis, check to measure National Bank's 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 Bank is operating at the current time. Most of National Bank's value examination focuses on studying past and present price action to predict the probability of National Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Bank's price. Additionally, you may evaluate how the addition of National Bank to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between National Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bank'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.