Nmb Financial Corp Stock Market Value
| NMBF Stock | USD 14.00 0.90 6.87% |
| Symbol | Nmb |
Nmb Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nmb Financial's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nmb Financial.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Nmb Financial on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Nmb Financial Corp or generate 0.0% return on investment in Nmb Financial over 540 days. Nmb Financial is related to or competes with Bank Mandiri, Piraeus Bank, Eurobank Ergasias, Kasikornbank Public, Turkiye Garanti, Delhi Bank, and JAPAN POST. Nmb Financial Corp operates as the bank holding company for New Millennium Bank that offers various banking products and... More
Nmb Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nmb Financial's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nmb Financial Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2421 | |||
| Maximum Drawdown | 6.12 | |||
| Potential Upside | 3.9 |
Nmb Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nmb Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nmb Financial's standard deviation. In reality, there are many statistical measures that can use Nmb Financial historical prices to predict the future Nmb Financial's volatility.| Risk Adjusted Performance | 0.2554 | |||
| Jensen Alpha | 0.4713 | |||
| Total Risk Alpha | 0.2503 | |||
| Treynor Ratio | 50.25 |
Nmb Financial Corp Backtested Returns
Nmb Financial appears to be very steady, given 3 months investment horizon. Nmb Financial Corp has Sharpe Ratio of 0.34, which conveys that the firm had a 0.34% return per unit of risk over the last 3 months. By analyzing Nmb Financial's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise Nmb Financial's Risk Adjusted Performance of 0.2554, mean deviation of 0.8403, and Standard Deviation of 1.47 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nmb Financial holds a performance score of 26. The company secures a Beta (Market Risk) of 0.0094, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nmb Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nmb Financial is expected to be smaller as well. Please check Nmb Financial's information ratio, kurtosis, market facilitation index, as well as the relationship between the treynor ratio and rate of daily change , to make a quick decision on whether Nmb Financial's current price movements will revert.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Nmb Financial Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Nmb Financial time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nmb Financial Corp price movement. The serial correlation of -0.79 indicates that around 79.0% of current Nmb Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Nmb Financial Corp lagged returns against current returns
Autocorrelation, which is Nmb Financial pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nmb Financial's pink sheet expected returns. We can calculate the autocorrelation of Nmb Financial returns to help us make a trade decision. For example, suppose you find that Nmb Financial has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nmb Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nmb Financial pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nmb Financial pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nmb Financial pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nmb Financial Lagged Returns
When evaluating Nmb Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nmb Financial pink sheet have on its future price. Nmb Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nmb Financial autocorrelation shows the relationship between Nmb Financial pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nmb Financial Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nmb Pink Sheet
Nmb Financial financial ratios help investors to determine whether Nmb Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nmb with respect to the benefits of owning Nmb Financial security.