Northern Competitors
| NTIC Stock | USD 8.56 0.03 0.35% |
Northern Technologies vs Sensient Technologies Correlation
Weak diversification
The correlation between Northern Technologies and SXT is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Northern Technologies and SXT in the same portfolio, assuming nothing else is changed.
Moving together with Northern Stock
Moving against Northern Stock
| 0.72 | NEU | NewMarket | PairCorr |
| 0.56 | NANO | Nano One Materials | PairCorr |
| 0.41 | J9I0 | 5E ADVANCED MATERIALS | PairCorr |
| 0.4 | UT8 | Uber Technologies | PairCorr |
Northern Technologies Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Northern Technologies and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Northern and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Northern Technologies does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Northern Stock performing well and Northern Technologies Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Northern Technologies' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FUL | 1.37 | 0.14 | 0.10 | 0.22 | 1.38 | 3.51 | 8.23 | |||
| HWKN | 1.73 | 0.17 | 0.06 | 0.24 | 2.52 | 3.85 | 14.80 | |||
| WDFC | 1.33 | 0.33 | 0.11 | (1.32) | 1.72 | 3.03 | 10.75 | |||
| CBT | 1.48 | 0.30 | 0.19 | 0.39 | 1.30 | 4.36 | 13.59 | |||
| CENX | 3.22 | 0.87 | 0.22 | 0.65 | 3.53 | 7.06 | 27.76 | |||
| PRM | 1.40 | 0.08 | 0.04 | 0.17 | 1.92 | 2.98 | 10.14 | |||
| OLN | 2.70 | 0.32 | 0.15 | 0.23 | 2.74 | 6.07 | 18.93 | |||
| MEOH | 1.77 | 0.38 | 0.18 | 0.38 | 1.77 | 3.94 | 14.67 | |||
| SXT | 1.17 | 0.10 | 0.06 | 0.23 | 1.35 | 2.72 | 6.99 |
Cross Equities Net Income Analysis
Compare Northern Technologies and related stocks such as H B Fuller, Hawkins, and WD 40 Company Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FUL | 13.3 M | 125.6 M | 96.8 M | 49.9 M | 86.7 M | 124.1 M | 58.2 M | 171.2 M | 130.8 M | 123.7 M | 161.4 M | 180.3 M | 144.9 M | 130.3 M | 152 M | 174.8 M | 183.5 M |
| HWKN | 1.4 M | 22.7 M | 17.1 M | 18.1 M | 19.2 M | 18.1 M | 22.6 M | (9.2 M) | 24.4 M | 28.4 M | 41 M | 51.5 M | 60 M | 75.4 M | 84.3 M | 97 M | 101.8 M |
| WDFC | 9.4 M | 35.5 M | 39.8 M | 43.7 M | 44.8 M | 52.6 M | 52.9 M | 65.2 M | 55.9 M | 60.7 M | 70.2 M | 67.3 M | 66 M | 69.6 M | 91 M | 104.6 M | 109.9 M |
| CBT | 58.6 M | 389 M | 155 M | 201 M | (331 M) | 149 M | 241 M | (113 M) | 157 M | (238 M) | 250 M | 209 M | 445 M | 380 M | 331 M | 380.6 M | 399.7 M |
| CENX | 16.5 M | 11.3 M | (35.6 M) | (40.3 M) | 112.5 M | (47.7 M) | (252.4 M) | 48.6 M | (66.2 M) | (80.8 M) | (123.3 M) | (167.1 M) | (14.1 M) | (43.1 M) | 336.8 M | 387.3 M | 406.7 M |
| PRM | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | (42 M) | 24.2 M | (661.5 M) | 91.8 M | 67.5 M | (5.9 M) | (6.8 M) | (7.1 M) |
| OLN | (165.3 M) | 241.7 M | 149.6 M | 178.6 M | 105.7 M | (1.4 M) | (3.9 M) | 549.5 M | 327.9 M | (11.3 M) | (969.9 M) | 1.3 B | 1.3 B | 460.2 M | 108.6 M | (42.8 M) | (40.7 M) |
| MEOH | (8.6 M) | 201.3 M | (68.1 M) | 329.2 M | 454.6 M | 200.6 M | (12.5 M) | 316.1 M | 569 M | 89.8 M | (156.7 M) | 482.4 M | 353.8 M | 174.1 M | 164 M | 188.6 M | 183.5 M |
| SXT | 17.4 M | 120.5 M | 123.9 M | 113.3 M | 73.6 M | 106.8 M | 126.3 M | 89.6 M | 157.4 M | 82 M | 109.5 M | 118.7 M | 140.9 M | 93.4 M | 124.7 M | 143.4 M | 85.5 M |
Northern Technologies and related stocks such as H B Fuller, Hawkins, and WD 40 Company Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Northern Technologies financial statement analysis. It represents the amount of money remaining after all of Northern Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Northern Technologies Competitive Analysis
The better you understand Northern Technologies competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Northern Technologies' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Northern Technologies' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Northern Technologies Competition Performance Charts
Five steps to successful analysis of Northern Technologies Competition
Northern Technologies' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Northern Technologies in relation to its competition. Northern Technologies' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Northern Technologies in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Northern Technologies' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Northern Technologies, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Northern Technologies Correlation with its peers. For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Will Specialty Chemicals sector continue expanding? Could Northern diversify its offerings? Factors like these will boost the valuation of Northern Technologies. Anticipated expansion of Northern directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Northern Technologies data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.58) | Dividend Share 0.1 | Earnings Share (0.03) | Revenue Per Share | Quarterly Revenue Growth 0.092 |
Northern Technologies's market price often diverges from its book value, the accounting figure shown on Northern's balance sheet. Smart investors calculate Northern Technologies' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Northern Technologies' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Northern Technologies' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Northern Technologies should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Northern Technologies' 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.