Purchase by Patrick Duncan of 808 shares of NI Holdings
| NODK Stock | USD 12.86 0.30 2.39% |
About 55% of NI Holdings' institutional investors are presently thinking to get in. The analysis of the overall prospects from investing in NI Holdings suggests that some traders are, at the present time, interested. NI Holdings' investing sentiment shows overall attitude of investors towards NI Holdings.
Filed transaction by Ni Holdings Inc officer. General open market or private purchase of non-derivative or derivative security
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NI Holdings Fundamental Analysis
We analyze NI Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NI Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NI Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
NI Holdings is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
NI Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NI Holdings stock to make a market-neutral strategy. Peer analysis of NI Holdings could also be used in its relative valuation, which is a method of valuing NI Holdings by comparing valuation metrics with similar companies.
Peers
NI Holdings Related Equities
| DGICB | Donegal Group | 6.16 | ||||
| KMPR | Kemper | 1.93 | ||||
| WTM | White Mountains | 1.47 | ||||
| SIGI | Selective Insurance | 0.56 | ||||
| THG | Hanover Insurance | 0.54 | ||||
| DGICA | Donegal Group | 0.46 | ||||
| PRA | ProAssurance | 0.35 | ||||
| GBLI | Global Indemnity | 0.14 | ||||
| SIGIP | Selective Insurance | 0.12 | ||||
| HMN | Horace Mann | 0.07 | ||||
| ARGO-PA | Argo Group | 0.04 | ||||
| UFCS | United Fire | 0.04 |
Check out NI Holdings Hype Analysis, NI Holdings Correlation and NI Holdings Performance. For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Property & Casualty Insurance 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 NI Holdings. If investors know NODK 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 NI Holdings 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 NI Holdings is measured differently than its book value, which is the value of NODK that is recorded on the company's balance sheet. Investors also form their own opinion of NI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NI Holdings' 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 NI Holdings' market value can be influenced by many factors that don't directly affect NI Holdings' 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 NI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NI Holdings' 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.