National Bankshares Stock Alpha and Beta Analysis
| NKSH Stock | USD 31.98 0.06 0.19% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as National Bankshares. It also helps investors analyze the systematic and unsystematic risks associated with investing in National Bankshares over a specified time horizon. Remember, high National Bankshares' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to National Bankshares' market risk premium analysis include:
Beta 1.47 | Alpha (0.02) | Risk 2.36 | Sharpe Ratio 0.0626 | Expected Return 0.15 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
National |
National Bankshares Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. National Bankshares market risk premium is the additional return an investor will receive from holding National Bankshares long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in National Bankshares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate National Bankshares' performance over market.| α | -0.02 | β | 1.47 |
National Bankshares expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of National Bankshares' Buy-and-hold return. Our buy-and-hold chart shows how National Bankshares performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.National Bankshares Market Price Analysis
Market price analysis indicators help investors to evaluate how National Bankshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Bankshares shares will generate the highest return on investment. By understating and applying National Bankshares stock market price indicators, traders can identify National Bankshares position entry and exit signals to maximize returns.
National Bankshares Return and Market Media
The median price of National Bankshares for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 29.99 with a coefficient of variation of 3.33. The daily time series for the period is distributed with a sample standard deviation of 0.99, arithmetic mean of 29.9, and mean deviation of 0.8. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Ball Lawrence J of 100 shares of National Bankshares at 36.8 subject to Rule 16b-3 | 10/16/2024 |
2 | TD Securities Forecasts Strong Price Appreciation for Definity Financial Stock | 11/08/2024 |
3 | Sherritt International Reaches New 12-Month Low Should You Sell | 11/11/2024 |
4 | Loblaw Companies Given New C195.00 Price Target at National Bankshares | 11/14/2024 |
5 | Wave Life Sciences Shares Down 5 percent After Insider Selling | 11/18/2024 |
6 | Sleep Country Mulls Potential Bond Sale in Rare Leveraged Buyout | 11/19/2024 |
7 | EverSource Wealth Advisors LLC Sells 816 Shares of Merck Co., Inc. | 11/20/2024 |
8 | Scotiabank Issues Positive Forecast for OceanaGold Stock Price | 11/21/2024 |
9 | Aya Gold Silver Given a C24.00 Price Target by CIBC Analysts | 11/22/2024 |
About National Bankshares Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including National or other stocks. Alpha measures the amount that position in National Bankshares has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0396 | 0.0371 | 0.0776 | 0.0815 | Price To Sales Ratio | 4.42 | 4.06 | 4.08 | 7.55 |
National Bankshares Upcoming Company Events
As portrayed in its financial statements, the presentation of National Bankshares' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, National Bankshares' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of National Bankshares' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of National Bankshares. Please utilize our Beneish M Score to check the likelihood of National Bankshares' management manipulating its earnings.
| 25th of January 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 25th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with National Bankshares
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out National Bankshares Backtesting, National Bankshares Valuation, National Bankshares Correlation, National Bankshares Hype Analysis, National Bankshares Volatility, National Bankshares History and analyze National Bankshares Performance. For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
National Bankshares 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.