|Horizon||30 Days Login to change|
National Bank Market Sensitivity
|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.One Month Beta |Analyze National Bank Holdings Demand TrendCheck current 30 days National Bank correlation with market (DOW)|
β = 0.4011
National Bank Holdings Technical Analysis
National Bank Projected Return Density Against MarketAssuming 30 trading days horizon, National Bank has beta of 0.4011 indicating as returns on market go up, National Bank average returns are expected to increase less than the benchmark. However during bear market, the loss on holding National Bank Holdings Corporation will be expected to be much smaller as well. Additionally, National Bank Holdings Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
National Bank Return VolatilityNational Bank Holdings Corporation shows 0.0% volatility of returns over 30 trading days. DOW inherits 1.0373% risk (volatility on return distribution) over the 30 days horizon.