National Stock Performance

EYE -  USA Stock  

USD 39.31  0.69  1.79%

National Vision has performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.4626, which conveys a somewhat significant risk relative to the market. Let's try to break down what National's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, National Vision will likely underperform. Although it is extremely important to respect National Vision Holdings price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing National Vision Holdings technical indicators, you can presently evaluate if the expected return of 0.11% will be sustainable into the future. National Vision Holdings right now secures a risk of 3.9%. Please verify National Vision Holdings semi variance, and the relationship between the maximum drawdown and accumulation distribution to decide if National Vision Holdings will be following its current price movements.

National Stock Performance 

 
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National Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in National Vision Holdings are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather conflicting basic indicators, National Vision may actually be approaching a critical reversion point that can send shares even higher in February 2022. ...more

National Price Channel

Quick Ratio1.41
Fifty Two Week Low36.92
Target High Price70.00
Fifty Two Week High65.92
Trailing Annual Dividend Yield7.47%
Target Low Price50.00

National Vision Relative Risk vs. Return Landscape

If you would invest  3,345  in National Vision Holdings on October 29, 2021 and sell it today you would earn a total of  586.00  from holding National Vision Holdings or generate 17.52% return on investment over 90 days. National Vision Holdings is generating 0.1088% of daily returns assuming volatility of 3.9045% on return distribution over 90 days investment horizon. In other words, 33% of stocks are less volatile than National, and above 98% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon National Vision is expected to generate 2.25 times more return on investment than the market. However, the company is 2.25 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

National Vision Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for National Vision's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as National Vision Holdings, and traders can use it to determine the average amount a National Vision's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0279

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Estimated Market Risk
 3.9
  actual daily
 
 33 %
of total potential
 
3333
Expected Return
 0.11
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.03
  actual daily
 
 2 %
of total potential
 
22
Based on monthly moving average National Vision 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 National Vision by adding it to a well-diversified portfolio.

About National Vision Performance

To evaluate National Vision Holdings Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when National Vision generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare National Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand National Vision Holdings stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents National's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.009  0.009237 
Return on Average Equity 0.034  0.0376 
Return on Invested Capital 0.07  0.06 
Return on Sales 0.05  0.0461 
National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer in the United States. National Vision Holdings, Inc. was founded in 1990 and is headquartered in Duluth, Georgia. National Vision operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 12792 people.

Things to note about National Vision Holdings

Checking the ongoing alerts about National Vision for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for National Vision Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

National Vision Alerts

Equity Alerts and Improvement Suggestions

National Vision has very high historical volatility over the last 90 days
Latest headline from www.nxtmine.com: Avnet, Inc. Stock Position Lessened by BlackRock Inc. - NXTmine
Continue to Investing Opportunities. Note that the National Vision Holdings information on this page should be used as a complementary analysis to other National Vision'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running National Vision Holdings price analysis, check to measure National Vision'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 Vision is operating at the current time. Most of National Vision's value examination focuses on studying past and present price action to predict the probability of National Vision's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move National Vision's price. Additionally, you may evaluate how the addition of National Vision to your portfolios can decrease your overall portfolio volatility.
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Is National Vision's 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 National Vision. If investors know National 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 National Vision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of National Vision Holdings is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Vision's value that differs from its market value or its book value, called intrinsic value, which is National Vision's 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 National Vision's market value can be influenced by many factors that don't directly affect National Vision's 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 National Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine National Vision value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Vision'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.