Is National Australia Bank (NAB) a good stock to buy?

Shares in National Australia Bank ( ASX: NAB) are among the worst performers in financial stocks on Wednesday. At the time of writing, the stock was down 3.8% to $30.56 each.

When did National Australia Bank Ltd (NAB) close?

On Friday, National Australia Bank Ltd (NAB:ASX) closed at 30.18, -6.13% below its 52-week high of 32.15, set on Feb 09, 2023. Data delayed at least 20 minutes, as of Dec 15 2023 05:10 GMT. Latest National Australia Bank Ltd (NAB:ASX) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more.

How do you value the NAB share price?

According to this quick and simple DDM model, a valuation of NAB shares is $10.20. However, using an ‘adjusted’ or expected dividend payment of $1.23 per share, which is the preferred measure because it uses forecast dividends, the valuation goes to $20.90.

How volatile is National Australia Bank (NAB)?

Volatility Over Time: NAB's weekly volatility (2%) has been stable over the past year. National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally.