Ni Holdings Stock Price on October 3, 2024

NODK Stock  USD 15.66  0.25  1.62%   
Below is the normalized historical share price chart for NI Holdings extending back to March 16, 2017. 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 NI Holdings stands at 15.66, as last reported on the 24th of December, with the highest price reaching 15.66 and the lowest price hitting 15.41 during the day.
IPO Date
16th of March 2017
200 Day MA
15.3682
50 Day MA
15.958
Beta
0.358
 
Covid
If you're considering investing in NODK Stock, it is important to understand the factors that can impact its price. As of now, NODK Stock is very steady. NI Holdings retains Efficiency (Sharpe Ratio) of 0.026, which conveys that the firm had a 0.026% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for NI Holdings, which you can use to evaluate the volatility of the firm. Please verify NI Holdings' Market Risk Adjusted Performance of 0.1129, standard deviation of 1.43, and Mean Deviation of 1.15 to check out if the risk estimate we provide is consistent with the expected return of 0.0374%.
  
At this time, NI Holdings' Total Stockholder Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 23.1 M this year, although the value of Treasury Stock is projected to rise to (24.6 M). . At this time, NI Holdings' Price Cash Flow Ratio is quite stable compared to the past year. Price Fair Value is expected to rise to 1.58 this year, although the value of Price Sales Ratio will most likely fall to 0.71. NODK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.026

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Estimated Market Risk

 1.44
  actual daily
12
88% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average NI Holdings is performing at about 2% 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 NI Holdings by adding it to a well-diversified portfolio.
Price Book
1.3097
Price Sales
0.8072
Shares Float
5.7 M
Earnings Share
(0.43)
Shares Short
24.7 K

NI Holdings Valuation on October 3, 2024

It is possible to determine the worth of NI Holdings on a given historical date. On October 3, 2024 NODK was worth 15.25 at the beginning of the trading date compared to the closed value of 15.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NI Holdings stock. Still, in general, we apply an absolute valuation method to find NI Holdings' 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 NI Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NI Holdings' related companies.
 Open High Low Close Volume
  15.40    15.40    15.29    15.29    4,098  
10/03/2024
  15.25    15.52    15.01    15.05    10,266  
  15.20    15.34    15.19    15.34    4,585  
Backtest NI Holdings  |  NI Holdings History  |  NI Holdings Valuation   PreviousNext  
Open Value
15.25
15.05
Closing Value
19.56
Upside

NI Holdings Trading Date Momentum on October 3, 2024

On October 04 2024 NI Holdings was traded for  15.34  at the closing time. The top price for the day was 15.34  and the lowest listed price was  15.19 . The trading volume for the day was 4.6 K. The trading history from October 4, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 1.93% . The trading delta at closing time against the current closing price is 3.12% .

NI Holdings Fundamentals Correlations and Trends

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

About NI Holdings Stock history

NI Holdings 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 NODK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NI Holdings 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 NI Holdings stock prices may prove useful in developing a viable investing in NI Holdings
Last ReportedProjected for Next Year
Common Stock Shares Outstanding21.2 M23.1 M
Net Loss-47.8 M-45.4 M

NI Holdings Stock Technical Analysis

NI Holdings 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 NI Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NI Holdings 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

NI Holdings Period Price Range

Low
December 24, 2024
0.00  NaN%
High

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NI Holdings 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.

NI Holdings December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how NI Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NI Holdings shares will generate the highest return on investment. By undertsting and applying NI Holdings stock market strength indicators, traders can identify NI Holdings entry and exit signals to maximize returns

NI Holdings Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NI Holdings' price direction in advance. Along with the technical and fundamental analysis of NODK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NODK 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.
When determining whether NI Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NODK Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ni Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Ni Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Property & Casualty Insurance space 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 NI Holdings. If investors know NODK 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 NI Holdings 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
6.564
Earnings Share
(0.43)
Revenue Per Share
18.702
Quarterly Revenue Growth
0.14
Return On Assets
(0)
The market value of NI Holdings is measured differently than its book value, which is the value of NODK that is recorded on the company's balance sheet. Investors also form their own opinion of NI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NI Holdings' 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 NI Holdings' market value can be influenced by many factors that don't directly affect NI Holdings' 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 NI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NI Holdings' 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.