National Bankshares Stock Price on June 3, 2024

NKSH Stock  USD 32.02  0.89  2.86%   
Below is the normalized historical share price chart for National Bankshares extending back to April 13, 1994. 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 National Bankshares stands at 32.02, as last reported on the 11th of December 2024, with the highest price reaching 32.03 and the lowest price hitting 30.43 during the day.
IPO Date
1st of December 1999
200 Day MA
30.1677
50 Day MA
29.7452
Beta
0.507
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in National Stock, it is important to understand the factors that can impact its price. National Bankshares appears to be very steady, given 3 months investment horizon. National Bankshares has Sharpe Ratio of 0.0883, which conveys that the firm had a 0.0883% return per unit of risk over the last 3 months. We have found thirty technical indicators for National Bankshares, which you can use to evaluate the volatility of the firm. Please exercise National Bankshares' Risk Adjusted Performance of 0.0698, downside deviation of 2.09, and Mean Deviation of 1.84 to check out if our risk estimates are consistent with your expectations.
  
The National Bankshares' current Common Stock Total Equity is estimated to increase to about 6.8 M, while Total Stockholder Equity is projected to decrease to under 130 M. . As of now, National Bankshares' Price Sales Ratio is decreasing as compared to previous years. The National Bankshares' current Price Fair Value is estimated to increase to 1.69, while Price Earnings Ratio is projected to decrease to 10.66. National Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0883

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsNKSH
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.26
  actual daily
20
80% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average National Bankshares is performing at about 6% 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 National Bankshares by adding it to a well-diversified portfolio.
Price Book
1.1484
Price Sales
4.5574
Shares Float
6.1 M
Dividend Share
1.51
Wall Street Target Price
30.25

National Bankshares Main Headline on 3rd of June 2024

National Bankshares dividend paid on 3rd of June 2024

National Bankshares Valuation on June 3, 2024

It is possible to determine the worth of National Bankshares on a given historical date. On June 3, 2024 National was worth 30.58 at the beginning of the trading date compared to the closed value of 28.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of National Bankshares stock. Still, in general, we apply an absolute valuation method to find National Bankshares' 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 National Bankshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against National Bankshares' related companies.
 Open High Low Close Volume
  29.51    30.24    28.95    30.01    8,426  
06/03/2024
  30.58    30.58    28.55    28.87    19,077  
  28.79    29.35    28.04    28.04    21,309  
Backtest National Bankshares  |  National Bankshares History  |  National Bankshares Valuation   PreviousNext  
Open Value
30.58
28.87
Closing Value
37.36
Upside

National Bankshares Trading Date Momentum on June 3, 2024

On June 04 2024 National Bankshares was traded for  28.04  at the closing time. The top price for the day was 29.35  and the lowest listed price was  28.04 . The trading volume for the day was 21.3 K. The trading history from June 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.87% . The trading delta at closing time against the current closing price is 0.97% .

National Bankshares Fundamentals Correlations and Trends

By evaluating National Bankshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among National Bankshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. National financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About National Bankshares Stock history

National Bankshares 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 National is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in National Bankshares 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 National Bankshares stock prices may prove useful in developing a viable investing in National Bankshares
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.9 M5.5 M
Net Income Applicable To Common Shares29.8 M16.3 M

National Bankshares Stock Technical Analysis

National Bankshares 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.
A focus of National Bankshares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of National Bankshares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

National Bankshares Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

National Bankshares cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

National Bankshares December 11, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for National Bankshares' price direction in advance. Along with the technical and fundamental analysis of National Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of National 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.

Complementary Tools for National Stock analysis

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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Fundamental Analysis
View fundamental data based on most recent published financial statements
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities