Nelnet Inc Stock Price on May 6, 2024
| NNI Stock | USD 103.66 0.29 0.28% |
Below is the normalized historical share price chart for Nelnet Inc extending back to December 11, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nelnet stands at 103.66, as last reported on the 3rd of June, with the highest price reaching 104.20 and the lowest price hitting 102.92 during the day.
If you're considering investing in Nelnet Stock, it is important to understand the factors that can impact its price. Nelnet appears to be very steady, given 3 months investment horizon. Nelnet Inc has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nelnet, which you can use to evaluate the volatility of the firm. Please exercise Nelnet's Mean Deviation of 1.08, risk adjusted performance of 0.1133, and Downside Deviation of 1.41 to check out if our risk estimates are consistent with your expectations.
As of now, Nelnet's Stock Based Compensation is increasing as compared to previous years. . The current Price To Sales Ratio is estimated to decrease to 1.47. The current Price Earnings Ratio is estimated to decrease to 28.93. Nelnet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of December 2003 | 200 Day MA 90.4837 | 50 Day MA 98.1938 | Beta 0.842 |
Nelnet |
Sharpe Ratio = 0.1534
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Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Nelnet is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nelnet by adding it to a well-diversified portfolio.
Price Book 1.0676 | Price Sales 2.9604 | Shares Float 12.7 M | Dividend Share 1.08 | Wall Street Target Price 96 |
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Nelnet Valuation on May 6, 2024
It is possible to determine the worth of Nelnet on a given historical date. On May 6, 2024 Nelnet was worth 97.02 at the beginning of the trading date compared to the closed value of 97.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nelnet stock. Still, in general, we apply an absolute valuation method to find Nelnet's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nelnet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nelnet's related companies.
| Open | High | Low | Close | Volume | |
| 96.56 | 96.80 | 95.95 | 96.31 | 58,769 | |
05/06/2024 | 97.02 | 97.72 | 97.02 | 97.28 | 55,312 |
| 97.51 | 97.89 | 96.06 | 96.06 | 70,952 |
| Backtest Nelnet | | | Nelnet History | | | Nelnet Valuation | Previous | Next |
Nelnet Trading Date Momentum on May 6, 2024
| On May 07 2024 Nelnet Inc was traded for 96.06 at the closing time. Highest Nelnet's price during the trading hours was 97.89 and the lowest price during the day was 96.06 . The net volume was 71 K. The overall trading history on the 7th of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.25% . The trading delta at closing time to current price is 13.63% . |
Nelnet Inc Fundamentals Correlations and Trends
By evaluating Nelnet's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nelnet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nelnet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nelnet Stock history
Nelnet investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nelnet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nelnet Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nelnet stock prices may prove useful in developing a viable investing in Nelnet
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 37.4 M | 36.2 M | |
| Net Income Applicable To Common Shares | 459.5 M | 482.5 M |
Nelnet Stock Technical Analysis
Nelnet 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.
Price Boundaries
Nelnet Period Price Range
Low | May 6, 2024
| High |
97.02 | 97.28 |
Nelnet June 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Nelnet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nelnet shares will generate the highest return on investment. By undertsting and applying Nelnet stock market strength indicators, traders can identify Nelnet Inc entry and exit signals to maximize returns
| Accumulation Distribution | 396.22 | |||
| Daily Balance Of Power | 0.3714 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 97.37 | |||
| Day Typical Price | 97.34 | |||
| Price Action Indicator | 0.04 | |||
| Period Momentum Indicator | 6.38 |
Nelnet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nelnet's price direction in advance. Along with the technical and fundamental analysis of Nelnet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nelnet to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1133 | |||
| Jensen Alpha | 0.2861 | |||
| Total Risk Alpha | 0.2099 | |||
| Sortino Ratio | 0.2012 | |||
| Treynor Ratio | 0.3444 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nelnet Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Nelnet Stock analysis
When running Nelnet's price analysis, check to measure Nelnet'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 Nelnet is operating at the current time. Most of Nelnet's value examination focuses on studying past and present price action to predict the probability of Nelnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nelnet's price. Additionally, you may evaluate how the addition of Nelnet to your portfolios can decrease your overall portfolio volatility.
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Is Nelnet'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 Nelnet. If investors know Nelnet 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 Nelnet 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 1.778 | Dividend Share 1.08 | Earnings Share 3.71 | Revenue Per Share 33.523 | Quarterly Revenue Growth 0.258 |
The market value of Nelnet Inc is measured differently than its book value, which is the value of Nelnet that is recorded on the company's balance sheet. Investors also form their own opinion of Nelnet's value that differs from its market value or its book value, called intrinsic value, which is Nelnet'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 Nelnet's market value can be influenced by many factors that don't directly affect Nelnet'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 Nelnet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nelnet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nelnet'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.