National Western Life Stock Probability of Future Stock Price Finishing Over 490.26
| NWLI Stock | USD 488.48 0.42 0.09% |
National |
National Western Target Price Odds to finish over 490.26
The tendency of National Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 490.26 or more in 90 days |
| 488.48 | 90 days | 490.26 | about 14.81 |
Based on a normal probability distribution, the odds of National Western to move over $ 490.26 or more in 90 days from now is about 14.81 (This National Western Life probability density function shows the probability of National Stock to fall within a particular range of prices over 90 days) . Probability of National Western Life price to stay between its current price of $ 488.48 and $ 490.26 at the end of the 90-day period is about 18.37 .
Given the investment horizon of 90 days National Western has a beta of 0.0747. This indicates as returns on the market go up, National Western average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding National Western Life will be expected to be much smaller as well. Additionally National Western Life has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. National Western Price Density |
| Price |
Predictive Modules for National Western
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as National Western Life. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of National Western's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
National Western Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. National Western is not an exception. The market had few large corrections towards the National Western's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold National Western Life, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of National Western within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.0011 | |
β | Beta against NYSE Composite | 0.07 | |
σ | Overall volatility | 2.92 | |
Ir | Information ratio | -0.38 |
National Western Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of National Western for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for National Western Life can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Long Term Trading Analysis for - Stock Traders Daily |
National Western Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of National Stock often depends not only on the future outlook of the current and potential National Western's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. National Western's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.5 M | |
| Dividends Paid | -1.3 M | |
| Cash And Short Term Investments | 7.6 B |
National Western Technical Analysis
National Western's future price can be derived by breaking down and analyzing its technical indicators over time. National Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of National Western Life. In general, you should focus on analyzing National Stock price patterns and their correlations with different microeconomic environments and drivers.
National Western Predictive Forecast Models
National Western's time-series forecasting models is one of many National Western's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary National Western's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about National Western Life
Checking the ongoing alerts about National Western for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for National Western Life help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Long Term Trading Analysis for - Stock Traders Daily |
Check out National Western Backtesting, National Western Valuation, National Western Correlation, National Western Hype Analysis, National Western Volatility, National Western History as well as National Western Performance. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for National Stock analysis
When running National Western's price analysis, check to measure National Western's 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 Western is operating at the current time. Most of National Western's value examination focuses on studying past and present price action to predict the probability of National Western's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Western's price. Additionally, you may evaluate how the addition of National Western to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |
Is National Western's 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 Western. 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 Western 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 0.839 | Dividend Share 0.36 | Earnings Share 26.72 | Revenue Per Share 193.441 | Quarterly Revenue Growth 0.288 |
The market value of National Western Life 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 Western's value that differs from its market value or its book value, called intrinsic value, which is National Western's 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 Western's market value can be influenced by many factors that don't directly affect National Western's 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 Western's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Western is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Western's 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.