N Able Inc Stock Price on November 20, 2023
| NABL Stock | USD 10.44 0.16 1.56% |
If you're considering investing in NABL Stock, it is important to understand the factors that can impact its price. As of today, the current price of N Able stands at 10.44, as last reported on the 29th of November, with the highest price reaching 10.49 and the lowest price hitting 10.32 during the day. N Able Inc retains Efficiency (Sharpe Ratio) of -0.21, which conveys that the company had a -0.21% return per unit of return volatility over the last 3 months. N Able exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify N Able's Market Risk Adjusted Performance of (0.44), mean deviation of 1.07, and Standard Deviation of 1.55 to check out the risk estimate we provide.
NABL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NABL |
Sharpe Ratio = -0.2073
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Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average N Able 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 N Able by adding N Able to a well-diversified portfolio.
N Able Valuation on November 20, 2023
It is possible to determine the worth of N Able on a given historical date. On November 20, 2023 NABL was worth 11.83 at the beginning of the trading date compared to the closed value of 11.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of N Able stock. Still, in general, we apply an absolute valuation method to find N Able'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 N Able where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against N Able's related companies.
| Open | High | Low | Close | Volume | |
| 11.89 | 11.96 | 11.79 | 11.81 | 423,100 | |
11/20/2023 | 11.83 | 11.94 | 11.73 | 11.85 | 327,000 |
| 11.81 | 11.97 | 11.76 | 11.86 | 348,100 |
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N Able Trading Date Momentum on November 20, 2023
| On November 21 2023 N Able Inc was traded for 11.86 at the closing time. The top price for the day was 11.97 and the lowest listed price was 11.76 . The trading volume for the day was 348.1 K. The trading history from November 21, 2023 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 0.08% . The trading delta at closing time against the current closing price is 0.17% . |
N Able Inc Fundamentals Correlations and Trends
By evaluating N Able'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 N Able's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NABL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About N Able Stock history
N Able 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 NABL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in N Able Inc 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 N Able stock prices may prove useful in developing a viable investing in N Able
N-able, Inc. provides cloud-based software solutions for managed service providers in the United States, the United Kingdom, and internationally. The company was founded in 2000 and is headquartered in Burlington, Massachusetts. N Able operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. It employs 1486 people.
N Able Stock Technical Analysis
N Able 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.
Price Boundaries
N Able Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
N Able Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
N Able November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how N Able stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading N Able shares will generate the highest return on investment. By undertsting and applying N Able stock market strength indicators, traders can identify N Able Inc entry and exit signals to maximize returns
N Able Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for N Able's price direction in advance. Along with the technical and fundamental analysis of NABL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NABL 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.
| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (0.45) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in N Able Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of N Able. If investors know NABL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about N Able listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of N Able Inc is measured differently than its book value, which is the value of NABL that is recorded on the company's balance sheet. Investors also form their own opinion of N Able's value that differs from its market value or its book value, called intrinsic value, which is N Able's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because N Able's market value can be influenced by many factors that don't directly affect N Able's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between N Able's value and its price as these two are different measures arrived at by different means. Investors typically determine if N Able is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, N Able's 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.