N Able Inc Stock Performance
| NABL Stock | USD 10.31 0.06 0.58% |
The firm owns a Beta (Systematic Risk) of 0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, N Able's returns are expected to increase less than the market. However, during the bear market, the loss of holding N Able is expected to be smaller as well. At this point, N Able Inc has a negative expected return of -0.33%. Please make sure to verify N Able's value at risk, and the relationship between the jensen alpha and accumulation distribution , to decide if N Able Inc performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days N Able Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's fundamental drivers remain quite persistent which may send shares a bit higher in December 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
Actual Historical Performance (%)
One Day Return (0.19) | Five Day Return (2.56) | Year To Date Return (22.10) | Ten Year Return (35.69) | All Time Return (35.69) |
1 | Disposition of 42472 shares by Frank Colletti of N Able at 13.5 subject to Rule 16b-3 | 09/30/2024 |
2 | N-able Announces New Fortified Copies Feature in Cove Data ProtectionDriving Stronger Ransomware Protection | 10/30/2024 |
3 | N-able Inc Q3 2024 Earnings Report Preview What To Expect | 11/06/2024 |
4 | N-able Q3 Earnings Snapshot | 11/07/2024 |
5 | N-able Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth Amidst Market Challenges | 11/08/2024 |
6 | N-able Receives Buy Rating from Needham Company LLC | 11/12/2024 |
7 | Disposition of 24697 shares by John Pagliuca of N Able at 10.8 subject to Rule 16b-3 | 11/15/2024 |
8 | Down -17.14 percent in 4 Weeks, Heres Why N-able Looks Ripe for a Turnaround | 11/18/2024 |
9 | N-able Expands Cybersecurity Portfolio with 100M Acquisition of Adlumin, Boosting XDR and MDR Capabilities | 11/21/2024 |
10 | Disposition of 21200 shares by Johnson Ann of N Able at 12.79 subject to Rule 16b-3 | 11/22/2024 |
11 | N-ables SWOT analysis cloud security firms stock poised for growth | 11/25/2024 |
| Begin Period Cash Flow | 98.8 M |
NABL |
N Able Relative Risk vs. Return Landscape
If you would invest 1,285 in N Able Inc on August 28, 2024 and sell it today you would lose (254.00) from holding N Able Inc or give up 19.77% of portfolio value over 90 days. N Able Inc is currently does not generate positive expected returns and assumes 1.54% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of stocks are less volatile than NABL, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
N Able Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for N Able's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as N Able Inc, and traders can use it to determine the average amount a N Able'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 = -0.2153
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NABL |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 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 Fundamentals Growth
NABL Stock prices reflect investors' perceptions of the future prospects and financial health of N Able, and N Able 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 NABL Stock performance.
| Return On Equity | 0.0514 | ||||
| Return On Asset | 0.0483 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 2.13 B | ||||
| Shares Outstanding | 187.33 M | ||||
| Price To Earning | 188.33 X | ||||
| Price To Book | 2.52 X | ||||
| Price To Sales | 4.22 X | ||||
| Revenue | 421.88 M | ||||
| Gross Profit | 315.64 M | ||||
| EBITDA | 94.65 M | ||||
| Net Income | 23.41 M | ||||
| Cash And Equivalents | 87.73 M | ||||
| Cash Per Share | 0.49 X | ||||
| Total Debt | 374.52 M | ||||
| Debt To Equity | 0.64 % | ||||
| Current Ratio | 2.42 X | ||||
| Book Value Per Share | 4.12 X | ||||
| Cash Flow From Operations | 90.09 M | ||||
| Earnings Per Share | 0.20 X | ||||
| Market Capitalization | 1.93 B | ||||
| Total Asset | 1.16 B | ||||
| Retained Earnings | 40.25 M | ||||
| Working Capital | 143.07 M | ||||
About N Able Performance
By examining N Able's fundamental ratios, stakeholders can obtain critical insights into N Able's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that N Able is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.08 | |
| Return On Capital Employed | 0.07 | 0.07 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.03 | 0.03 |
Things to note about N Able Inc performance evaluation
Checking the ongoing alerts about N Able for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for N Able Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| N Able Inc generated a negative expected return over the last 90 days | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: N-ables SWOT analysis cloud security firms stock poised for growth |
- Analyzing N Able'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 N Able's stock is overvalued or undervalued compared to its peers.
- Examining N Able'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 N Able's management team can have a significant impact on its success or failure. Reviewing the track record and experience of N Able's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of N Able's stock. These opinions can provide insight into N Able's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.
Quarterly Earnings Growth 0.933 | Earnings Share 0.2 | Revenue Per Share 2.484 | Quarterly Revenue Growth 0.083 | Return On Assets 0.0483 |
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.