National Bank Of Stock Today
| NA-PW Stock | CAD 22.20 0.43 1.98% |
Performance17 of 100
| Odds Of DistressLess than 9
|
National Bank is selling for under 22.20 as of the 28th of May 2024; that is 1.98 percent up since the beginning of the trading day. The stock's last reported lowest price was 21.95. National Bank has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for National Bank of are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of April 2024 and ending today, the 28th of May 2024. Click here to learn more.
Business Domain Financial Services | Category Financials |
National Bank is entity of Canada. It is traded as Stock on TO exchange. More on National Bank of
Moving together with National Stock
| 0.78 | BOFA | Bank of America | PairCorr |
| 0.88 | GOOG | Alphabet CDR | PairCorr |
| 0.77 | GS | GOLDMAN SACHS CDR | PairCorr |
Moving against National Stock
| 0.71 | IBM | International Business | PairCorr |
National Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. National Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding National Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Consumer Finance, Financial Services, Financials, Banks, Financials, Consumer Finance, Banks, Financial (View all Sectors) |
National Bank of (NA-PW) is traded on Toronto Exchange in Canada . National Bank is listed under Consumer Finance category by Fama And French industry classification. The company operates under Consumer Finance sector and is part of Financials industry.
National Bank generates positive cash flow from operations, but has no cash available
Check National Bank Probability Of Bankruptcy
National Bank Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. National Bank market risk premium is the additional return an investor will receive from holding National Bank 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 Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although National Bank's alpha and beta are two of the key measurements used to evaluate National Bank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8134 | |||
| Semi Deviation | 0.6631 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.57 |
National Stock Against Markets
Picking the right benchmark for National Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in National Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for National Bank is critical whether you are bullish or bearish towards National Bank of at a given time. Please also check how National Bank's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in National Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy National Stock?
Before investing in National Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in National Bank. To buy National Bank stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of National Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase National Bank stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located National Bank of stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased National Bank of stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as National Bank of, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in National Bank of?
The danger of trading National Bank of is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of National Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than National Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile National Bank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Bank of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for National Stock analysis
When running National Bank's price analysis, check to measure National Bank'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 Bank is operating at the current time. Most of National Bank's value examination focuses on studying past and present price action to predict the probability of National Bank'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 Bank's price. Additionally, you may evaluate how the addition of National Bank to your portfolios can decrease your overall portfolio volatility.
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