National Bank Of Stock Performance
| NTIOF Stock | USD 80.46 0.55 0.69% |
National Bank has a performance score of 12 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.83, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, National Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding National Bank is expected to be smaller as well. National Bank right now secures a risk of 0.9%. Please verify National Bank of expected short fall, and the relationship between the value at risk and daily balance of power , to decide if National Bank of will be following its current price movements.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in National Bank of are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, National Bank may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
| Begin Period Cash Flow | 33.9 B | |
| Total Cashflows From Investing Activities | -1.5 B |
National |
National Bank Relative Risk vs. Return Landscape
If you would invest 7,316 in National Bank of on January 19, 2024 and sell it today you would earn a total of 675.00 from holding National Bank of or generate 9.23% return on investment over 90 days. National Bank of is currently producing 0.1442% returns and takes up 0.8996% volatility of returns over 90 trading days. Put another way, 7% of traded pink sheets are less volatile than National, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
National Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Bank's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as National Bank of, and traders can use it to determine the average amount a National Bank's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1603
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Estimated Market Risk
| 0.9 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average National Bank is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of National Bank by adding it to a well-diversified portfolio.
National Bank Fundamentals Growth
National Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of National Bank, and National Bank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on National Pink Sheet performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0089 | |||
| Profit Margin | 0.36 % | |||
| Operating Margin | 0.45 % | |||
| Current Valuation | (64.4 B) | |||
| Shares Outstanding | 337.26 M | |||
| Price To Earning | 14.77 X | |||
| Price To Book | 1.58 X | |||
| Price To Sales | 2.41 X | |||
| Revenue | 9.62 B | |||
| Cash And Equivalents | 145.22 B | |||
| Cash Per Share | 431.61 X | |||
| Total Debt | 28.35 B | |||
| Book Value Per Share | 59.70 X | |||
| Cash Flow From Operations | (27.38 B) | |||
| Earnings Per Share | 7.15 X | |||
| Total Asset | 403.74 B | |||
About National Bank Performance
To evaluate National Bank Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when National Bank generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare National Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand National Bank market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents National's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. National Bank of Canada was founded in 1859 and is based in Montreal, Canada. National Bank operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 28903 people.Things to note about National Bank performance evaluation
Checking the ongoing alerts about National Bank for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for National Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| National Bank of has accumulated about 145.22 B in cash with (27.38 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 431.61. |
- Analyzing National Bank's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether National Bank's stock is overvalued or undervalued compared to its peers.
- Examining National Bank's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating National Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of National Bank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of National Bank's pink sheet. These opinions can provide insight into National Bank's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bank of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for National Pink Sheet 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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