National Grid (Germany) Today
| NNGD Stock | EUR 66.50 1.00 1.53% |
Performance11 of 100
| Odds Of DistressLess than 9
|
National Grid is trading at 66.50 as of the 20th of May 2024. This is a 1.53 percent increase since the beginning of the trading day. The stock's lowest day price was 66.5. National Grid has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for National Grid plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of February 2024 and ending today, the 20th of May 2024. Click here to learn more.
National Grid plc transmits and distributes electricity and natural gas. The company was founded in 1990 and is headquartered in London, the United Kingdom. NATL GRID is traded on Frankfurt Stock Exchange in Germany. The company has 735.27 M outstanding shares. More on National Grid plc
Moving together with National Stock
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| 0.9 | ENL | Enel SpA | PairCorr |
| 0.81 | ENLA | Enel SpA | PairCorr |
| 0.67 | DOD | Dominion Energy | PairCorr |
| 0.9 | NNGF | National Grid PLC Earnings Call This Week | PairCorr |
| 0.75 | SE4 | Sempra | PairCorr |
Moving against National Stock
| 0.77 | DBPD | Xtrackers ShortDAX | 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 Grid's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding National Grid or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Utilities - Diversified, Utilities (View all Sectors) |
National Grid plc (NNGD) is traded on Frankfurt Exchange in Germany and employs 29,292 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 42.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate National Grid's market, we take the total number of its shares issued and multiply it by National Grid's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. National Grid plc operates under Utilities sector and is part of Utilities - Diversified industry. The entity has 735.27 M outstanding shares.
National Grid plc has accumulated about 2.36 B in cash with 6.27 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.51.
Check National Grid Probability Of Bankruptcy
Ownership AllocationNational Grid plc holds a total of 735.27 Million outstanding shares. Roughly 96.0 % of National Grid outstanding shares are held by general public with 0.01 pct. owned by insiders and only 3.7 % by institutional investors. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check National Ownership Details
National Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of National Grid jumping above the current price in 90 days from now is near 1%. The National Grid plc probability density function shows the probability of National Grid stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon National Grid plc has a beta of -0.0419. This indicates as returns on the benchmark increase, returns on holding National Grid are expected to decrease at a much lower rate. During a bear market, however, National Grid plc is likely to outperform the market. Additionally, national Grid plc has an alpha of 0.1827, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of National Grid to move above the current price in 90 days from now is near 1 (This National Grid plc probability density function shows the probability of National Stock to fall within a particular range of prices over 90 days) .
National Grid plc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. National Grid market risk premium is the additional return an investor will receive from holding National Grid 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 Grid. 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 Grid's alpha and beta are two of the key measurements used to evaluate National Grid's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.01 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.53 |
National Stock Against Markets
Picking the right benchmark for National Grid 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 Grid 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 Grid is critical whether you are bullish or bearish towards National Grid plc at a given time. Please also check how National Grid'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 Grid 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 |
National Grid Corporate Management
Elected by the shareholders, the National Grid's board of directors comprises two types of representatives: National Grid inside directors who are chosen from within the company, and outside directors, selected externally and held independent of National. The board's role is to monitor National Grid's management team and ensure that shareholders' interests are well served. National Grid's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, National Grid's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ross Turrini | Chief Process | Profile | |
| Andrew Agg | CFO Director | Profile | |
| Lisa Lambert | VP Officer | Profile | |
| Nicholas CFA | Director Relations | Profile | |
| Megan Barnes | Head Secretariat | Profile | |
| Adriana Karaboutis | Group Officer | Profile | |
| FIET FEI | CEO Director | Profile |
How to buy National Stock?
Before investing in National Grid, 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 Grid. To buy National Grid stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of National Grid. 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 Grid stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located National Grid plc 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 Grid plc 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 Grid plc, 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. For more information on how to buy National Stock please use our How to Invest in National Grid guide.
Already Invested in National Grid plc?
The danger of trading National Grid plc 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 Grid 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 Grid. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile National Grid plc 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.
When determining whether National Grid plc is a strong investment it is important to analyze National Grid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Grid's future performance. For an informed investment choice regarding National Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Grid plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the National Grid plc information on this page should be used as a complementary analysis to other National Grid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for National Stock analysis
When running National Grid's price analysis, check to measure National Grid'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 Grid is operating at the current time. Most of National Grid's value examination focuses on studying past and present price action to predict the probability of National Grid'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 Grid's price. Additionally, you may evaluate how the addition of National Grid to your portfolios can decrease your overall portfolio volatility.
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