Nmi Holdings Stock Alpha and Beta Analysis
| NMIH Stock | USD 40.03 0.03 0.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NMI Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in NMI Holdings over a specified time horizon. Remember, high NMI Holdings' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to NMI Holdings' market risk premium analysis include:
Beta 0.82 | Alpha (0.09) | Risk 1.61 | Sharpe Ratio (0.01) | Expected Return (0.02) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
NMI |
NMI Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NMI Holdings market risk premium is the additional return an investor will receive from holding NMI Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NMI Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate NMI Holdings' performance over market.| α | -0.09 | β | 0.82 |
NMI Holdings expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of NMI Holdings' Buy-and-hold return. Our buy-and-hold chart shows how NMI Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NMI Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how NMI Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NMI Holdings shares will generate the highest return on investment. By understating and applying NMI Holdings stock market price indicators, traders can identify NMI Holdings position entry and exit signals to maximize returns.
NMI Holdings Return and Market Media
The median price of NMI Holdings for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 40.31 with a coefficient of variation of 3.57. The daily time series for the period is distributed with a sample standard deviation of 1.42, arithmetic mean of 39.86, and mean deviation of 1.23. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 301 shares by Realmuto Nicholas Daniel of NMI Holdings subject to Rule 16b-3 | 09/13/2024 |
2 | Are You a Value Investor This 1 Stock Could Be the Perfect Pick | 09/24/2024 |
3 | WSFS Financial Matches Q3 Earnings Estimates | 10/24/2024 |
4 | NMI Holdings, Inc. Reports Third Quarter 2024 Financial ResultsAnnounces New Reinsurance Agreements | 11/06/2024 |
5 | NMI Holdings Inc Q3 2024 Earnings Call Highlights Record Revenue and Strategic ... | 11/07/2024 |
6 | NMI Holdings Third Quarter 2024 Earnings EPS Beats Expectations | 11/08/2024 |
7 | Heres Why NMI Holdings is a Strong Value Stock | 11/11/2024 |
8 | Los Angeles Capital Management LLC Has 2.59 Million Stake in NMI Holdings, Inc. | 11/13/2024 |
9 | Earnings call National Mi reports strong Q3 financials, optimistic outlook | 11/21/2024 |
10 | Disposition of 291 shares by Nicholas Realmuto of NMI Holdings at 42.0 subject to Rule 16b-3 | 11/22/2024 |
11 | Why NMI Holdings is a Top Value Stock for the Long-Term | 11/27/2024 |
About NMI Holdings Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including NMI or other stocks. Alpha measures the amount that position in NMI Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 60.64 | 63.52 | 65.54 | 34.91 | PTB Ratio | 1.19 | 1.1 | 1.27 | 1.14 |
NMI Holdings Upcoming Company Events
As portrayed in its financial statements, the presentation of NMI Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NMI Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of NMI Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of NMI Holdings. Please utilize our Beneish M Score to check the likelihood of NMI Holdings' management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with NMI Holdings
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Check out NMI Holdings Backtesting, NMI Holdings Valuation, NMI Holdings Correlation, NMI Holdings Hype Analysis, NMI Holdings Volatility, NMI Holdings History and analyze NMI Holdings Performance. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
NMI Holdings 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.