Ni Holdings Stock Alpha and Beta Analysis
| NODK Stock | USD 16.17 0.53 3.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NI Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in NI Holdings over a specified time horizon. Remember, high NI Holdings' 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 NI Holdings' market risk premium analysis include:
Beta 0.59 | Alpha 0.0783 | Risk 1.35 | Sharpe Ratio 0.0982 | Expected Return 0.13 |
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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.
NODK |
NI Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NI Holdings market risk premium is the additional return an investor will receive from holding NI Holdings 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 NI Holdings. 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 NI Holdings' performance over market.| α | 0.08 | β | 0.59 |
NI Holdings 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 NI Holdings' Buy-and-hold return. Our buy-and-hold chart shows how NI Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NI Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how NI Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NI Holdings shares will generate the highest return on investment. By understating and applying NI Holdings stock market price indicators, traders can identify NI Holdings position entry and exit signals to maximize returns.
NI Holdings Return and Market Media
The median price of NI Holdings for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 15.45 with a coefficient of variation of 2.2. The daily time series for the period is distributed with a sample standard deviation of 0.34, arithmetic mean of 15.48, and mean deviation of 0.26. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | NiSource is on the Move, Heres Why the Trend Could be Sustainable - Yahoo Finance | 09/06/2024 |
2 | NI Holdings finalizes separation terms with ex-CEO Michael Alexander - Investing.com | 09/19/2024 |
3 | NiSource Inc. Shares Sold by Maple Brown Abbott Ltd - MarketBeat | 10/03/2024 |
4 | Disposition of 561 shares by Patrick Duncan of NI Holdings at 18.64 subject to Rule 16b-3 | 11/01/2024 |
5 | NI Holdings, Inc. Reports Results for Third Quarter Ended September 30, 2024 | 11/07/2024 |
6 | NI Holdings Second Quarter 2024 Earnings US0.36 loss per share | 11/08/2024 |
About NI Holdings 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 NODK or other stocks. Alpha measures the amount that position in NI Holdings 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 | 2023 | 2024 (projected) | Dividend Yield | 0.0106 | 0.0122 | 0.0151 | Price To Sales Ratio | 1.25 | 0.75 | 0.71 |
NI Holdings Upcoming Company Events
As portrayed in its financial statements, the presentation of NI Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NI Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of NI Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of NI Holdings. Please utilize our Beneish M Score to check the likelihood of NI Holdings' management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with NI Holdings
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Check out NI Holdings Backtesting, NI Holdings Valuation, NI Holdings Correlation, NI Holdings Hype Analysis, NI Holdings Volatility, NI Holdings History and analyze 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
NI Holdings 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.