National Bank (Germany) Probability of Target Price Finishing Over Current Price

NB9 -- Germany Stock  

EUR 26.92  0.69  2.63%

National Bank probability of target price tool provides mechanism to make assumptions about upside and downside potential of National Bank Holdings Corporation performance during a given time horizon utilizing its historical volatility. Please specify National Bank time horizon, a valid symbol (red box) and a target price (blue box) you would like National Bank odds to be computed. Please see also Stocks Correlation.
Horizon     30 Days    Login   to change
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National Bank Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 26.92 30 days 26.92  ABOUT 52.02%
Based on normal probability distribution, the odds of National Bank to move above current price in 30 days from now is about 52.02% (This National Bank Holdings Corporation probability density function shows the probability of National Bank Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, National Bank has beta of 0.8144 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. National Bank Holdings is significantly underperforming DOW.
 National Bank Price Density 
      Price 
α
Alpha over DOW
=0.39
β
Beta against DOW=0.81
σ
Overall volatility
=8.90
Ir
Information ratio =0.25

National Bank Alerts

National Bank Alerts and Suggestions

National Bank is not yet fully synchronised with the market data
National Bank has high likelihood to experience some financial distress in the next 2 years

Price Density Drivers

National Bank Health Indicators

Trailing Annual Dividend Rate0.54
Float Shares29.05M
Trailing Annual Dividend Yield1.82%
Please see also Stocks Correlation. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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