National Bankshares Stock Forecast - Daily Balance Of Power
| NKSH Stock | USD 31.05 0.06 0.19% |
National Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast National Bankshares stock prices and determine the direction of National Bankshares's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of National Bankshares' historical fundamentals, such as revenue growth or operating cash flow patterns. Although National Bankshares' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of National Bankshares' systematic risk associated with finding meaningful patterns of National Bankshares fundamentals over time.
Check out Historical Fundamental Analysis of National Bankshares to cross-verify your projections. National |
Most investors in National Bankshares cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the National Bankshares' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets National Bankshares' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of National Bankshares market sensitivity to bulls and bears. It estimates the ability of National Bankshares buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring National Bankshares Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.19) | (0.07) |
| Check National Bankshares Volatility | Backtest National Bankshares | Information Ratio |
National Bankshares Trading Date Momentum
| On May 23 2024 National Bankshares was traded for 31.05 at the closing time. The top price for the day was 31.77 and the lowest listed price was 30.88 . There was no trading activity during the period 0.0. Lack of trading volume on May 23, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.55% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for National Bankshares
For every potential investor in National, whether a beginner or expert, National Bankshares' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. National Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in National. Basic forecasting techniques help filter out the noise by identifying National Bankshares' price trends.National Bankshares Related Equities
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 National Bankshares stock to make a market-neutral strategy. Peer analysis of National Bankshares could also be used in its relative valuation, which is a method of valuing National Bankshares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
National Bankshares Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of National Bankshares' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of National Bankshares' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
National Bankshares Market Strength Events
Market strength 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 undertsting and applying National Bankshares stock market strength indicators, traders can identify National Bankshares entry and exit signals to maximize returns.
National Bankshares Risk Indicators
The analysis of National Bankshares' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in National Bankshares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting national stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.99 | |||
| Semi Deviation | 2.29 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.54 | |||
| Downside Variance | 5.44 | |||
| Semi Variance | 5.25 | |||
| Expected Short fall | (2.22) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether National Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bankshares Stock:Check out Historical Fundamental Analysis of National Bankshares to cross-verify your projections. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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When running National Bankshares' price analysis, check to measure National Bankshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Bankshares is operating at the current time. Most of National Bankshares' value examination focuses on studying past and present price action to predict the probability of National Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Bankshares' price. Additionally, you may evaluate how the addition of National Bankshares to your portfolios can decrease your overall portfolio volatility.
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Is National Bankshares' industry 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 National Bankshares. If investors know National 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 National Bankshares 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 (0.52) | Dividend Share 1.51 | Earnings Share 2.25 | Revenue Per Share 7.677 | Quarterly Revenue Growth (0.20) |
The market value of National Bankshares is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Bankshares' value that differs from its market value or its book value, called intrinsic value, which is National Bankshares' 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 National Bankshares' market value can be influenced by many factors that don't directly affect National Bankshares' 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 National Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bankshares' 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.