National Bank Of Preferred Stock Performance
| NA-PC Preferred Stock | CAD 26.30 0.02 0.08% |
National Bank has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0358, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning National Bank are expected to decrease at a much lower rate. During the bear market, National Bank is likely to outperform the market. National Bank right now secures a risk of 0.28%. Please verify National Bank of treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if National Bank of will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in National Bank of are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, National Bank is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 31.9 B |
National |
National Bank Relative Risk vs. Return Landscape
If you would invest 2,589 in National Bank of on August 26, 2024 and sell it today you would earn a total of 41.00 from holding National Bank of or generate 1.58% return on investment over 90 days. National Bank of is generating 0.0249% of daily returns and assumes 0.2826% volatility on return distribution over the 90 days horizon. Simply put, 2% of preferred stocks are less volatile than National, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
National Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Bank's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as National Bank of, and traders can use it to determine the average amount a National Bank's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0883
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| Negative Returns | NA-PC |
Estimated Market Risk
| 0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average National Bank is performing at about 6% of its full potential. 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 it to a well-diversified portfolio.
National Bank Fundamentals Growth
National Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of National Bank, and National Bank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on National Preferred Stock performance.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0083 | ||||
| Profit Margin | 0.34 % | ||||
| Operating Margin | 0.46 % | ||||
| Current Valuation | (91.3 B) | ||||
| Shares Outstanding | 338.22 M | ||||
| Price To Earning | 3.99 X | ||||
| Price To Sales | 2.41 X | ||||
| Revenue | 10.16 B | ||||
| EBITDA | 4.5 B | ||||
| Cash And Equivalents | 136.22 B | ||||
| Cash Per Share | 405.79 X | ||||
| Total Debt | 53.51 B | ||||
| Book Value Per Share | 69.04 X | ||||
| Cash Flow From Operations | 5.17 B | ||||
| Earnings Per Share | 9.75 X | ||||
| Total Asset | 423.58 B | ||||
| Retained Earnings | 16.74 B | ||||
About National Bank Performance
Assessing National Bank's fundamental ratios provides investors with valuable insights into National Bank's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the National Bank is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. The company was founded in 1859 and is headquartered in Montreal, Canada. NATIONAL BANK operates under BanksDiversified classification in Canada and is traded on Toronto Stock Exchange. It employs 26544 people.Things to note about National Bank performance evaluation
Checking the ongoing alerts about National Bank for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for National Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating National Bank's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate National Bank's preferred stock performance include:- Analyzing National Bank's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether National Bank's stock is overvalued or undervalued compared to its peers.
- Examining National Bank's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating National Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of National Bank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of National Bank's preferred stock. These opinions can provide insight into National Bank's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for National Preferred Stock Analysis
When running National Bank's price analysis, check to measure National Bank'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 National Bank is operating at the current time. Most of National Bank's value examination focuses on studying past and present price action to predict the probability of National Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Bank's price. Additionally, you may evaluate how the addition of National Bank to your portfolios can decrease your overall portfolio volatility.