Nelnet Inc Stock Price on July 31, 2024
| NNI Stock | USD 109.57 1.64 1.52% |
Below is the normalized historical share price chart for Nelnet Inc extending back to December 11, 2003. 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 Nelnet stands at 109.57, as last reported on the 26th of November, with the highest price reaching 110.65 and the lowest price hitting 108.57 during the day.
If you're considering investing in Nelnet Stock, it is important to understand the factors that can impact its price. Nelnet Inc has Sharpe Ratio of -0.0235, which conveys that the firm had a -0.0235% return per unit of risk over the last 3 months. Nelnet exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nelnet's insignificant Risk Adjusted Performance, standard deviation of 1.75, and Mean Deviation of 1.12 to check out the risk estimate we provide.
As of now, Nelnet's Common Stock Total Equity is decreasing as compared to previous years. The Nelnet's current Stock Based Compensation is estimated to increase to about 17.3 M, while Common Stock Shares Outstanding is projected to decrease to under 36.2 M. . As of now, Nelnet's Price To Sales Ratio is decreasing as compared to previous years. The Nelnet's current Price Sales Ratio is estimated to increase to 3.44, while Price Earnings Ratio is projected to decrease to 28.93. Nelnet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of December 2003 | 200 Day MA 103.5377 | 50 Day MA 112.5256 | Beta 0.924 |
Nelnet |
Sharpe Ratio = -0.0235
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| Negative Returns | NNI |
Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nelnet 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 Nelnet by adding Nelnet to a well-diversified portfolio.
Price Book 1.1902 | Price Sales 3.1532 | Shares Float 12.6 M | Dividend Share 1.12 | Wall Street Target Price 106 |
Nelnet Valuation on July 31, 2024
It is possible to determine the worth of Nelnet on a given historical date. On July 31, 2024 Nelnet was worth 112.78 at the beginning of the trading date compared to the closed value of 112.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nelnet stock. Still, in general, we apply an absolute valuation method to find Nelnet'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 Nelnet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nelnet's related companies.
| Open | High | Low | Close | Volume | |
| 112.70 | 113.54 | 112.56 | 113.00 | 36,632 | |
07/31/2024 | 112.78 | 113.98 | 112.44 | 112.44 | 59,211 |
| 111.55 | 112.21 | 109.85 | 110.45 | 51,535 |
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Nelnet Trading Date Momentum on July 31, 2024
| On August 01 2024 Nelnet Inc was traded for 110.45 at the closing time. Highest Nelnet's price during the trading hours was 112.21 and the lowest price during the day was 109.85 . The net volume was 51.5 K. The overall trading history on the 1st of August contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.77% . The trading delta at closing time to current price is 4.42% . |
Nelnet Inc Fundamentals Correlations and Trends
By evaluating Nelnet'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 Nelnet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nelnet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nelnet Stock history
Nelnet 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 Nelnet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nelnet 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 Nelnet stock prices may prove useful in developing a viable investing in Nelnet
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 37.4 M | 36.2 M | |
| Net Income Applicable To Common Shares | 459.5 M | 482.5 M |
Nelnet Stock Technical Analysis
Nelnet 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
Nelnet Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Nelnet 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.
Nelnet November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Nelnet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nelnet shares will generate the highest return on investment. By undertsting and applying Nelnet stock market strength indicators, traders can identify Nelnet Inc entry and exit signals to maximize returns
Nelnet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nelnet's price direction in advance. Along with the technical and fundamental analysis of Nelnet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nelnet 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) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.02) |
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Complementary Tools for Nelnet Stock analysis
When running Nelnet's price analysis, check to measure Nelnet's 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 Nelnet is operating at the current time. Most of Nelnet's value examination focuses on studying past and present price action to predict the probability of Nelnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nelnet's price. Additionally, you may evaluate how the addition of Nelnet to your portfolios can decrease your overall portfolio volatility.
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