The company secures Beta (Market Risk) of 0.6269 which conveys that as returns on market increase, National Bank returns are expected to increase less than the market. However during bear market, the loss on holding National Bank will be expected to be smaller as well. Even though it is essential to pay attention to National Bank Holdings price patterns
, it is always good to be careful when utilizing equity historical price patterns
. Macroaxis philosophy towards estimating future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. National Bank exposes twenty-one different technical indicators which can help you to evaluate its performance. National Bank Holdings
has expected return of -0.0355%. Please be advised to verify National Bank Holdings Corporation Maximum Drawdown
, Potential Upside
and the relationship
between Treynor Ratio
and Value At Risk
to decide if National Bank Holdings
past performance will be repeated at some point in the near future.
Over the last 30 days National Bank Holdings Corporation has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, National Bank is not utilizing all of its potentials. The ongoing stock price tumult, may contribute to shorter-term losses for the shareholders.
|Fifty Two Week Low||26.08|
|Fifty Two Week High||35.97|
|Trailing Annual Dividend Yield||2.01%|