NMI Competitors
| NMIH Stock | USD 40.92 0.73 1.82% |
NMI Holdings vs Prosperity Bancshares Correlation
Very weak diversification
The correlation between NMI Holdings and PB is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NMI Holdings and PB in the same portfolio, assuming nothing else is changed.
Moving together with NMI Stock
| 0.96 | ESNT | Essent Group Earnings Call Tomorrow | PairCorr |
| 0.73 | AGM | Federal Agricultural | PairCorr |
| 0.65 | CNF | CNFinance Holdings | PairCorr |
Moving against NMI Stock
As of now, NMI Holdings' Return On Tangible Assets are increasing as compared to previous years. The NMI Holdings' current Return On Assets is estimated to increase to 0.10, while Return On Capital Employed is projected to decrease to 0.13. As of now, NMI Holdings' Other Assets are increasing as compared to previous years. The NMI Holdings' current Intangible Assets is estimated to increase to about 78.1 M, while Other Current Assets are projected to decrease to (138.9 M).NMI Holdings Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NMI Holdings 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 NMI 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 NMI Holdings does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between NMI Stock performing well and NMI Holdings 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 NMI Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ESNT | 1.01 | 0.08 | 0.02 | 0.28 | 1.32 | 2.00 | 8.39 | |||
| FAF | 1.23 | 0.03 | 0.00 | 0.14 | 1.42 | 2.60 | 5.95 | |||
| ACT | 1.15 | 0.22 | 0.13 | 0.48 | 1.09 | 2.19 | 11.58 | |||
| RDN | 1.03 | (0.01) | (0.04) | 0.06 | 1.66 | 2.85 | 10.62 | |||
| THG | 0.89 | (0.04) | 0.00 | (0.52) | 0.00 | 1.66 | 5.99 | |||
| EQH | 1.28 | (0.13) | (0.05) | 0.00 | 1.74 | 2.67 | 7.44 | |||
| ACGL | 0.90 | 0.17 | 0.06 | 3.65 | 1.18 | 1.92 | 8.26 | |||
| VLY | 1.18 | 0.26 | 0.16 | 0.38 | 1.13 | 3.26 | 8.87 | |||
| PB | 1.12 | 0.15 | 0.07 | 0.28 | 1.67 | 3.08 | 11.82 |
Cross Equities Net Income Analysis
Compare NMI Holdings and related stocks such as Essent Group, First American, and Enact Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ESNT | (27.6 M) | (33.6 M) | (13.5 M) | 65.4 M | 88.5 M | 157.3 M | 222.6 M | 379.7 M | 467.4 M | 555.7 M | 413 M | 681.8 M | 831.4 M | 696.4 M | 729.4 M | 838.8 M | 880.8 M |
| FAF | (143 M) | 78.3 M | 301 M | 186.4 M | 233.5 M | 288.1 M | 343 M | 423 M | 474.5 M | 707 M | 696 M | 1.2 B | 263 M | 216.8 M | 131.1 M | 621.8 M | 360.6 M |
| RDN | 21.8 M | 302.1 M | (451.5 M) | (197 M) | 959.5 M | 286.9 M | 308.3 M | 121.1 M | 606 M | 672.3 M | 393.6 M | 600.7 M | 742.9 M | 603.1 M | 604.4 M | 695.1 M | 729.9 M |
| THG | 133.9 M | 36.7 M | 55.9 M | 251 M | 282 M | 331.5 M | 155.1 M | 186.2 M | 391 M | 425.1 M | 358.7 M | 422.8 M | 116 M | 35.3 M | 426 M | 662.5 M | 695.6 M |
| EQH | 1.6 B | 1.6 B | 1.6 B | 1.6 B | 1.6 B | 333 M | 1.3 B | 834 M | 1.9 B | (1.8 B) | (648 M) | 1.8 B | 2.2 B | 1.3 B | 1.3 B | (1.4 B) | (1.3 B) |
| ACGL | 1000 K | 436.4 M | 593.4 M | 709.7 M | 834.4 M | 537.7 M | 692.7 M | 619.3 M | 758 M | 1.6 B | 1.4 B | 2.2 B | 1.5 B | 4.4 B | 4.3 B | 4.4 B | 4.6 B |
| VLY | 23.3 M | 132.5 M | 143.6 M | 132 M | 116.2 M | 103 M | 168.1 M | 161.9 M | 261.4 M | 309.8 M | 390.6 M | 473.8 M | 568.9 M | 498.5 M | 380.3 M | 598 M | 627.9 M |
| PB | 3.6 M | 141.7 M | 167.9 M | 221.4 M | 297.4 M | 286.6 M | 274.5 M | 272.2 M | 321.8 M | 332.6 M | 528.9 M | 519.3 M | 524.5 M | 419.3 M | 479.4 M | 542.8 M | 570 M |
NMI Holdings and related stocks such as Essent Group, First American, and Enact Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in NMI Holdings financial statement analysis. It represents the amount of money remaining after all of NMI Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.NMI Holdings Competitive Analysis
The better you understand NMI Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NMI Holdings' 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 NMI Holdings' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
NMI Holdings Competition Performance Charts
Five steps to successful analysis of NMI Holdings Competition
NMI Holdings' 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 NMI Holdings in relation to its competition. NMI Holdings' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of NMI Holdings 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 NMI Holdings' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NMI Holdings, 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 NMI Holdings Correlation with its peers. For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is there potential for Commercial & Residential Mortgage Finance market expansion? Will NMI introduce new products? Factors like these will boost the valuation of NMI Holdings. Anticipated expansion of NMI directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about NMI Holdings 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 0.061 | Earnings Share 4.79 | Revenue Per Share | Quarterly Revenue Growth 0.076 | Return On Assets |
NMI Holdings's market price often diverges from its book value, the accounting figure shown on NMI's balance sheet. Smart investors calculate NMI Holdings' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since NMI Holdings' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between NMI Holdings' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NMI Holdings should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, NMI Holdings' 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.