National Competitors
| NKSH Stock | USD 38.42 0.57 1.51% |
National Bankshares vs Meridian Bank Correlation
Almost no diversification
The correlation between National Bankshares and MRBK is 0.96 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding National Bankshares and MRBK in the same portfolio, assuming nothing else is changed.
Moving together with National Stock
| 0.89 | BIRG | Bank of Ireland | PairCorr |
| 0.94 | AX | Axos Financial | PairCorr |
| 0.65 | FFIN | First Financial Bank | PairCorr |
Moving against National Stock
The current Return On Tangible Assets is estimated to decrease to 0. The current Return On Capital Employed is estimated to decrease to 0.06. As of now, National Bankshares' Total Current Assets are increasing as compared to previous years. The National Bankshares' current Net Tangible Assets is estimated to increase to about 179.3 M, while Total Assets are projected to decrease to under 1.1 B.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of National Bankshares' 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.
National Bankshares Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between National Bankshares and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of National and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of National Bankshares does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between National Stock performing well and National Bankshares Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze National Bankshares' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EFSI | 0.94 | 0.09 | 0.07 | 0.17 | 0.91 | 2.35 | 5.82 | |||
| ATLO | 0.98 | 0.40 | 0.46 | 0.58 | 0.00 | 2.71 | 5.33 | |||
| MNSB | 1.22 | 0.29 | 0.17 | 0.51 | 1.12 | 3.35 | 8.15 | |||
| CBNA | 1.66 | 0.37 | 0.15 | 0.55 | 1.89 | 3.72 | 10.70 | |||
| VABK | 1.53 | 0.07 | 0.05 | 0.11 | 1.41 | 3.27 | 8.40 | |||
| FRAF | 1.61 | 0.11 | 0.05 | 0.14 | 2.28 | 3.20 | 15.31 | |||
| OVBC | 1.02 | 0.30 | 0.30 | 2.20 | 0.47 | 3.03 | 9.11 | |||
| UBFO | 1.05 | 0.30 | 0.27 | 1.52 | 0.65 | 3.25 | 5.92 | |||
| FCCO | 1.00 | 0.19 | 0.16 | 0.28 | 0.89 | 2.60 | 6.74 | |||
| MRBK | 1.30 | 0.42 | 0.30 | 18.20 | 0.85 | 4.14 | 9.93 |
Cross Equities Net Income Analysis
Compare National Bankshares and related stocks such as Eagle Financial Services, Ames National, and Mainstreet Bank Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ATLO | 9.1 M | 13.9 M | 14.2 M | 14 M | 15.3 M | 15 M | 15.7 M | 13.7 M | 17 M | 17.2 M | 18.9 M | 23.9 M | 19.3 M | 10.8 M | 10.2 M | 19 M | 15 M |
| MNSB | (1.2 M) | 1.1 M | 45.2 K | 1 M | 1.8 M | 2.2 M | 3.9 M | 3.9 M | 9.2 M | 13.9 M | 15.7 M | 22.2 M | 26.7 M | 26.6 M | (10 M) | 15.6 M | 16.4 M |
| CBNA | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 2.4 M | 3 M | 2.6 M | 5.1 M | 4.9 M | 8.3 M | 8.3 M | 8.3 M | 8.8 M | 20.9 M | 20.2 M | 21.2 M |
| VABK | 743 K | 2.3 M | 5.5 M | 6.9 M | 1.9 M | 3.1 M | 5.7 M | 6.6 M | 8.5 M | 6.7 M | 8 M | 10.1 M | 23.4 M | 19.3 M | 17 M | 19.3 M | 20.2 M |
| FRAF | 4.2 M | 6.6 M | 5.4 M | 6.2 M | 8.4 M | 10.2 M | 8.1 M | 2.2 M | 6.1 M | 16.1 M | 12.8 M | 19.6 M | 14.9 M | 13.6 M | 11.1 M | 21.2 M | 22.3 M |
| OVBC | 3.3 M | 5.8 M | 7.1 M | 8.1 M | 8.1 M | 8.6 M | 6.9 M | 7.5 M | 11.9 M | 9.9 M | 10.3 M | 11.7 M | 13.3 M | 12.6 M | 11 M | 15.6 M | 8.5 M |
| UBFO | 4.2 M | (10.8 M) | 6.1 M | 7.3 M | 6.2 M | 6.8 M | 7.4 M | 8.6 M | 14 M | 15.2 M | 9 M | 10.1 M | 15.7 M | 19.8 M | 14.8 M | 12.3 M | 8.5 M |
| FCCO | (557.8 K) | 3.3 M | 4 M | 4.1 M | 5.1 M | 6.1 M | 6.7 M | 5.8 M | 11.2 M | 11 M | 10.1 M | 15.5 M | 14.6 M | 11.8 M | 14 M | 19.2 M | 20.2 M |
| MRBK | 4 M | 4 M | 4 M | 3.9 M | 4.3 M | 6.2 M | 4.9 M | 3 M | 8.2 M | 10.5 M | 26.4 M | 35.6 M | 21.8 M | 13.2 M | 16.3 M | 21.8 M | 14.2 M |
National Bankshares and related stocks such as Eagle Financial Services, Ames National, and Mainstreet Bank Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in National Bankshares financial statement analysis. It represents the amount of money remaining after all of National Bankshares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.National Bankshares Competitive Analysis
The better you understand National Bankshares competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, National Bankshares' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across National Bankshares' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
National Bankshares Competition Performance Charts
Five steps to successful analysis of National Bankshares Competition
National Bankshares' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by National Bankshares in relation to its competition. National Bankshares' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of National Bankshares in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact National Bankshares' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to National Bankshares, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out National Bankshares Correlation with its peers. For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is there potential for Regional Banks market expansion? Will National introduce new products? Factors like these will boost the valuation of National Bankshares. Anticipated expansion of National directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about National Bankshares 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 0.905 | Dividend Share 1.51 | Earnings Share 2.49 | Revenue Per Share | Quarterly Revenue Growth 0.292 |
Investors evaluate National Bankshares using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating National Bankshares' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause National Bankshares' market price to deviate significantly from intrinsic value.
It's important to distinguish between National Bankshares' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding National Bankshares should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, National Bankshares' market price signifies the transaction level at which participants voluntarily complete trades.