NI Holdings Stock Forecast - Accumulation Distribution
| NODK Stock | USD 14.93 0.11 0.74% |
NODK Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NI Holdings stock prices and determine the direction of NI Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NI Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns. Although NI Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of NI Holdings' systematic risk associated with finding meaningful patterns of NI Holdings fundamentals over time.
Check out Historical Fundamental Analysis of NI Holdings to cross-verify your projections. NODK |
Most investors in NI Holdings cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the NI Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets NI Holdings' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which NI Holdings is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of NI Holdings to determine if accumulation or reduction is taking place in the market. This value is adjusted by NI Holdings trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 133.41 | 0.0282 |
| Check NI Holdings Volatility | Backtest NI Holdings | Information Ratio |
NI Holdings Trading Date Momentum
| On May 07 2024 NI Holdings was traded for 14.93 at the closing time. The top price for the day was 15.25 and the lowest listed price was 14.82 . There was no trading activity during the period 0.0. Lack of trading volume on May 7, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.14% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare NI Holdings to competition |
Other Forecasting Options for NI Holdings
For every potential investor in NODK, whether a beginner or expert, NI Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NODK Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NODK. Basic forecasting techniques help filter out the noise by identifying NI Holdings' price trends.NI Holdings Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NI Holdings stock to make a market-neutral strategy. Peer analysis of NI Holdings could also be used in its relative valuation, which is a method of valuing NI Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NI Holdings Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NI Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NI Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NI Holdings Market Strength Events
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 Risk Indicators
The analysis of NI Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NI Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nodk stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.14 | |||
| Standard Deviation | 1.67 | |||
| Variance | 2.8 | |||
| Downside Variance | 1.86 | |||
| Semi Variance | 1.31 | |||
| Expected Short fall | (1.37) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of NI Holdings to cross-verify your projections. For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.Note that the NI Holdings information on this page should be used as a complementary analysis to other NI Holdings' 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for NODK Stock analysis
When running NI Holdings' price analysis, check to measure NI Holdings' 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 NI Holdings is operating at the current time. Most of NI Holdings' value examination focuses on studying past and present price action to predict the probability of NI Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NI Holdings' price. Additionally, you may evaluate how the addition of NI Holdings to your portfolios can decrease your overall portfolio volatility.
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Is NI Holdings' industry 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 (0.26) | Revenue Per Share 17.283 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0025 |
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.