Nmi Holdings Stock Price on August 2, 2024
| NMIH Stock | USD 38.73 0.46 1.20% |
Below is the normalized historical share price chart for NMI Holdings extending back to November 08, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of NMI Holdings stands at 38.73, as last reported on the 25th of November, with the highest price reaching 39.06 and the lowest price hitting 38.43 during the day.
If you're considering investing in NMI Stock, it is important to understand the factors that can impact its price. NMI Holdings has Sharpe Ratio of -0.0256, which conveys that the firm had a -0.0256% return per unit of volatility over the last 3 months. NMI Holdings exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NMI Holdings' mean deviation of 1.1, and Risk Adjusted Performance of 0.0144 to check out the risk estimate we provide.
As of now, NMI Holdings' Total Stockholder Equity is increasing as compared to previous years. The NMI Holdings' current Liabilities And Stockholders Equity is estimated to increase to about 3.1 B, while Common Stock Total Equity is projected to decrease to under 680.7 K. . As of now, NMI Holdings' Price To Free Cash Flows Ratio is increasing as compared to previous years. The NMI Holdings' current Price Cash Flow Ratio is estimated to increase to 7.49, while Price To Sales Ratio is projected to decrease to 4.01. NMI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of November 2013 | 200 Day MA 35.25 | 50 Day MA 39.688 | Beta 1.131 |
NMI |
Sharpe Ratio = -0.0256
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NMIH |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NMI Holdings 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 NMI Holdings by adding NMI Holdings to a well-diversified portfolio.
Price Book 1.3961 | Price Sales 4.82 | Shares Float 77.9 M | Wall Street Target Price 43.875 | Earnings Share 4.37 |
Related Headline
Essent Headline on 2nd of August 2024
Essent Group Beats Q2 Earnings and Revenue Estimates by finance.yahoo.com
Essent Group delivered earnings and revenue surprises of 13.69 percent and 1.79, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock
NMI Holdings Valuation on August 2, 2024
It is possible to determine the worth of NMI Holdings on a given historical date. On August 2, 2024 NMI was worth 37.25 at the beginning of the trading date compared to the closed value of 37.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NMI Holdings stock. Still, in general, we apply an absolute valuation method to find NMI Holdings' 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 NMI Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NMI Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 39.34 | 39.86 | 37.94 | 38.22 | 539,026 | |
08/02/2024 | 37.25 | 38.10 | 36.56 | 37.69 | 502,772 |
| 36.35 | 36.72 | 35.51 | 36.27 | 737,135 |
| Backtest NMI Holdings | | | NMI Holdings History | | | NMI Holdings Valuation | Previous | Next |
NMI Holdings Trading Date Momentum on August 2, 2024
| On August 05 2024 NMI Holdings was traded for 36.27 at the closing time. The top price for the day was 36.72 and the lowest listed price was 35.51 . The trading volume for the day was 737.1 K. The trading history from August 5, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.77% . The trading delta at closing time against the current closing price is 0.90% . |
NMI Holdings Fundamentals Correlations and Trends
By evaluating NMI Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NMI Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NMI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NMI Holdings Stock history
NMI Holdings 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 NMI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NMI Holdings 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 NMI Holdings stock prices may prove useful in developing a viable investing in NMI Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 83.9 M | 71.5 M | |
| Net Income Applicable To Common Shares | 336.8 M | 353.7 M |
NMI Holdings Stock Technical Analysis
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.
Price Boundaries
NMI Holdings Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
NMI Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
NMI Holdings November 25, 2024 Market Strength
Market strength 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 undertsting and applying NMI Holdings stock market strength indicators, traders can identify NMI Holdings entry and exit signals to maximize returns
NMI Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NMI Holdings' price direction in advance. Along with the technical and fundamental analysis of NMI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NMI 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 | 0.0144 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.011 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NMI Stock analysis
When running NMI Holdings' price analysis, check to measure NMI Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NMI Holdings is operating at the current time. Most of NMI Holdings' value examination focuses on studying past and present price action to predict the probability of NMI Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NMI Holdings' price. Additionally, you may evaluate how the addition of NMI Holdings to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |