Nmb Financial Corp Stock Market Value

NMBF Stock  USD 14.00  0.90  6.87%   
Nmb Financial's market value is the price at which a share of Nmb Financial trades on a public exchange. It measures the collective expectations of Nmb Financial Corp investors about its performance. Nmb Financial is trading at 14.00 as of the 4th of December 2024. This is a 6.87% increase since the beginning of the trading day. The stock's lowest day price was 14.0.
With this module, you can estimate the performance of a buy and hold strategy of Nmb Financial Corp and determine expected loss or profit from investing in Nmb Financial over a given investment horizon. Check out Nmb Financial Correlation, Nmb Financial Volatility and Nmb Financial Alpha and Beta module to complement your research on Nmb Financial.
Symbol

Please note, there is a significant difference between Nmb Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nmb Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nmb Financial'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.

Nmb Financial 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nmb Financial's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nmb Financial.
0.00
12/10/2023
No Change 0.00  0.0 
In 11 months and 27 days
12/04/2024
0.00
If you would invest  0.00  in Nmb Financial on December 10, 2023 and sell it all today you would earn a total of 0.00 from holding Nmb Financial Corp or generate 0.0% return on investment in Nmb Financial over 360 days. Nmb Financial is related to or competes with First Hawaiian, Central Pacific, Territorial Bancorp, Comerica, Bank of Hawaii, Lloyds Banking, and Zions Bancorporation. Nmb Financial Corp operates as the bank holding company for New Millennium Bank that offers various banking products and... More

Nmb Financial Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nmb Financial's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nmb Financial Corp upside and downside potential and time the market with a certain degree of confidence.

Nmb Financial Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nmb Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nmb Financial's standard deviation. In reality, there are many statistical measures that can use Nmb Financial historical prices to predict the future Nmb Financial's volatility.
Hype
Prediction
LowEstimatedHigh
12.5014.0015.50
Details
Intrinsic
Valuation
LowRealHigh
12.6015.5317.03
Details
Naive
Forecast
LowNextHigh
13.2414.7416.23
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.1913.6414.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nmb Financial. Your research has to be compared to or analyzed against Nmb Financial's peers to derive any actionable benefits. When done correctly, Nmb Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nmb Financial Corp.

Nmb Financial Corp Backtested Returns

Nmb Financial appears to be very steady, given 3 months investment horizon. Nmb Financial Corp has Sharpe Ratio of 0.33, which conveys that the firm had a 0.33% return per unit of risk over the last 3 months. By analyzing Nmb Financial's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise Nmb Financial's Mean Deviation of 0.8403, risk adjusted performance of 0.2544, and Standard Deviation of 1.47 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nmb Financial holds a performance score of 26. The company secures a Beta (Market Risk) of 0.0196, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nmb Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nmb Financial is expected to be smaller as well. Please check Nmb Financial's variance, kurtosis, period momentum indicator, as well as the relationship between the total risk alpha and day median price , to make a quick decision on whether Nmb Financial's current price movements will revert.

Auto-correlation

    
  -0.61  

Very good reverse predictability

Nmb Financial Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Nmb Financial time series from 10th of December 2023 to 7th of June 2024 and 7th of June 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nmb Financial Corp price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Nmb Financial price fluctuation can be explain by its past prices.
Correlation Coefficient-0.61
Spearman Rank Test-0.92
Residual Average0.0
Price Variance0.19

Nmb Financial Corp lagged returns against current returns

Autocorrelation, which is Nmb Financial pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nmb Financial's pink sheet expected returns. We can calculate the autocorrelation of Nmb Financial returns to help us make a trade decision. For example, suppose you find that Nmb Financial has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Nmb Financial regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nmb Financial pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nmb Financial pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nmb Financial pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Nmb Financial Lagged Returns

When evaluating Nmb Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nmb Financial pink sheet have on its future price. Nmb Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nmb Financial autocorrelation shows the relationship between Nmb Financial pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nmb Financial Corp.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Nmb Pink Sheet

Nmb Financial financial ratios help investors to determine whether Nmb Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nmb with respect to the benefits of owning Nmb Financial security.