Nelnet Inc Stock Market Value
| NNI Stock | USD 101.64 3.83 3.92% |
| Symbol | Nelnet |
Nelnet Inc Price To Book Ratio
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nelnet. If investors know Nelnet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nelnet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.778 | Dividend Share 1.08 | Earnings Share 3.71 | Revenue Per Share 33.523 | Quarterly Revenue Growth 0.258 |
The market value of Nelnet Inc is measured differently than its book value, which is the value of Nelnet that is recorded on the company's balance sheet. Investors also form their own opinion of Nelnet's value that differs from its market value or its book value, called intrinsic value, which is Nelnet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nelnet's market value can be influenced by many factors that don't directly affect Nelnet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nelnet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nelnet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nelnet'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.
Nelnet 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nelnet's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nelnet.
| 03/18/2024 |
| 06/16/2024 |
If you would invest 0.00 in Nelnet on March 18, 2024 and sell it all today you would earn a total of 0.00 from holding Nelnet Inc or generate 0.0% return on investment in Nelnet over 90 days. Nelnet is related to or competes with Reading International, Forrester Research, Alphabet, Marathon Oil, Marathon Digital, Reservoir Media, and Snap On. Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesse... More
Nelnet Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nelnet's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nelnet Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.1116 | |||
| Maximum Drawdown | 12.79 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 1.76 |
Nelnet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nelnet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nelnet's standard deviation. In reality, there are many statistical measures that can use Nelnet historical prices to predict the future Nelnet's volatility.| Risk Adjusted Performance | 0.0991 | |||
| Jensen Alpha | 0.2454 | |||
| Total Risk Alpha | 0.1513 | |||
| Sortino Ratio | 0.1434 | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nelnet'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.
Nelnet Inc Backtested Returns
Nelnet appears to be very steady, given 3 months investment horizon. Nelnet Inc has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nelnet, which you can use to evaluate the volatility of the firm. Please exercise Nelnet's Mean Deviation of 1.08, risk adjusted performance of 0.0991, and Downside Deviation of 1.38 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nelnet holds a performance score of 13. The company secures a Beta (Market Risk) of -0.61, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nelnet are expected to decrease at a much lower rate. During the bear market, Nelnet is likely to outperform the market. Please check Nelnet's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Nelnet's current price movements will revert.
Auto-correlation | 0.46 |
Average predictability
Nelnet Inc has average predictability. Overlapping area represents the amount of predictability between Nelnet time series from 18th of March 2024 to 2nd of May 2024 and 2nd of May 2024 to 16th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nelnet Inc price movement. The serial correlation of 0.46 indicates that about 46.0% of current Nelnet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 21.89 |
Nelnet Inc lagged returns against current returns
Autocorrelation, which is Nelnet stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nelnet's stock expected returns. We can calculate the autocorrelation of Nelnet returns to help us make a trade decision. For example, suppose you find that Nelnet has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nelnet regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nelnet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nelnet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nelnet stock over time.
Current vs Lagged Prices |
| Timeline |
Nelnet Lagged Returns
When evaluating Nelnet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nelnet stock have on its future price. Nelnet autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nelnet autocorrelation shows the relationship between Nelnet stock current value and its past values and can show if there is a momentum factor associated with investing in Nelnet Inc.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Nelnet Stock
When determining whether Nelnet Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nelnet'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 Nelnet Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nelnet Inc Stock:Check out Nelnet Correlation, Nelnet Volatility and Nelnet Alpha and Beta module to complement your research on Nelnet. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Nelnet 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.