Score: Positive (93)
6 days at current score.
Upgraded from Neutral on February 15th 2018
- This company ranked positively compared to the Financials sector despite only 2 positive IHS Markit Categories
- Perception of the company's creditworthiness is positive
- ETFs holding this stock are seeing positive inflows but are weakening
- Bearish sentiment is low
- Economic output for the sector is expanding but at a slower rate
Short interest | Positive
Short interest is low for NAVI with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
ETF/Index ownership | Negative
ETF activity is negative and may be weakening. The net inflows of $1.16 billion over the last one-month into ETFs that hold NAVI are among the lowest of the last year and appear to be slowing.
PMI by IHS Markit | Negative
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing.
Credit default swap | Positive
The current level displays a positive indicator. NAVI credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.
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