NMI Holdings Inc (NMIH)
NMI Holdings, Inc. (NMIH) is a leading provider of private mortgage insurance solutions in the United States, offering risk management options that support home ownership and mortgage lending. Headquartered in Emeryville, California, the company leverages innovative technology and data-driven insights to enhance the efficiency of its services. With a focus on strong underwriting standards and a commitment to customer service, NMI Holdings plays a crucial role in the residential mortgage market, positioning itself for sustained growth amidst evolving economic conditions.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 0.49% per annum.
- NMIH price at the close of March 6, 2026 was $38.29 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 27.97% per annum.
- NMIH price at the close of March 6, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of NMIH price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: July 15, 2024
End date: March 6, 2026
a = 3.6227
b = 0.0000
s = 0.0535
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= 0.49%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0535) – 1
= 23.84%
July 15, 2024 calculations
Top border of price channel:
Exp(Y843)
= Exp(a + b × X843 + 2 × s)
= Exp(a + b × 1,225 + 2 × s)
= Exp(3.6227 + 0.0000 × 1,225 + 2 × 0.0535)
= Exp(3.7461)
= $42.36
Bottom border of price channel:
Exp(Y843)
= Exp(a + b × X843 – 2 × s)
= Exp(a + b × 1,225 – 2 × s)
= Exp(3.6227 + 0.0000 × 1,225 – 2 × 0.0535)
= Exp(3.5323)
= $34.20
March 6, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(3.6227 + 0.0000 × 1,824 + 2 × 0.0535)
= Exp(3.7542)
= $42.70
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(3.6227 + 0.0000 × 1,824 – 2 × 0.0535)
= Exp(3.5404)
= $34.48
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 0.49% per annum.
- NMIH price at the close of March 6, 2026 was $38.29 and was inside the primary price channel.
Secondary Trend
Start date: October 2, 2025
End date: March 6, 2026
a = 2.4671
b = 0.0007
s = 0.0335
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 27.97%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0335) – 1
= 14.35%
October 2, 2025 calculations
Top border of price channel:
Exp(Y1,149)
= Exp(a + b × X1,149 + 2 × s)
= Exp(a + b × 1,669 + 2 × s)
= Exp(2.4671 + 0.0007 × 1,669 + 2 × 0.0335)
= Exp(3.6619)
= $38.94
Bottom border of price channel:
Exp(Y1,149)
= Exp(a + b × X1,149 – 2 × s)
= Exp(a + b × 1,669 – 2 × s)
= Exp(2.4671 + 0.0007 × 1,669 – 2 × 0.0335)
= Exp(3.5278)
= $34.05
March 6, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(2.4671 + 0.0007 × 1,824 + 2 × 0.0335)
= Exp(3.7666)
= $43.23
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(2.4671 + 0.0007 × 1,824 – 2 × 0.0335)
= Exp(3.6325)
= $37.81
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 27.97% per annum.
- NMIH price at the close of March 6, 2026 was inside the secondary price channel.