National Bank Of Stock Price on August 1, 2023

NA Stock  CAD 128.79  2.58  1.96%   
If you're considering investing in National Stock, it is important to understand the factors that can impact its price. As of today, the current price of National Bank stands at 128.79, as last reported on the 20th of January, with the highest price reaching 131.59 and the lowest price hitting 127.26 during the day. National Bank has Sharpe Ratio of -0.0134, which conveys that the firm had a -0.0134 % return per unit of risk over the last 3 months. National Bank exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National Bank's Risk Adjusted Performance of (0.01), standard deviation of 0.8398, and Mean Deviation of 0.5665 to check out the risk estimate we provide.
  
National Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0134

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Estimated Market Risk

 0.85
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average National Bank is not performing at its full potential. However, 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 National Bank to a well-diversified portfolio.

National Bank Main Headline on 1st of August 2023

National Bank dividend paid on 1st of August 2023

National Bank Valuation on August 1, 2023

It is possible to determine the worth of National Bank on a given historical date. On August 1, 2023 National was worth 96.2 at the beginning of the trading date compared to the closed value of 96.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of National Bank stock. Still, in general, we apply an absolute valuation method to find National Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of National Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against National Bank's related companies.
 Open High Low Close Volume
  96.08    96.70    95.77    96.48    629,264  
08/01/2023
  96.20    96.47    95.67    96.40    626,100  
  95.76    96.13    95.60    95.82    1,214,834  
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Open Value
96.2
96.4
Closing Value
98.74
Upside

National Bank Trading Date Momentum on August 1, 2023

On August 02 2023 National Bank of was traded for  95.82  at the closing time. The highest daily price throughout the period was 96.13  and the lowest price was  95.60 . The daily volume was 1.2 M. The net trading volume on 08/02/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.60% . The trading delta at closing time to current closing price is 0.33% .

National Bank Fundamentals Correlations and Trends

By evaluating National Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among National Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. National financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About National Bank Stock history

National Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for National is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in National Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing National Bank stock prices may prove useful in developing a viable investing in National Bank
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 Canada and is traded on Toronto Stock Exchange. It employs 28903 people.

National Bank Stock Technical Analysis

National Bank 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.
A focus of National Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of National Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

National Bank Period Price Range

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National Bank of cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

National Bank January 20, 2025 Market Strength

Market strength indicators help investors to evaluate how National Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Bank shares will generate the highest return on investment. By undertsting and applying National Bank stock market strength indicators, traders can identify National Bank of entry and exit signals to maximize returns

National Bank Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for National Bank's price direction in advance. Along with the technical and fundamental analysis of National Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of National to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in National Stock

National Bank financial ratios help investors to determine whether National Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in National with respect to the benefits of owning National Bank security.