Northwest Competitors
| NWN Stock | USD 48.31 0.65 1.36% |
Northwest Natural vs American States Correlation
Good diversification
The correlation between Northwest Natural Gas and AWR is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Northwest Natural Gas and AWR in the same portfolio, assuming nothing else is changed.
Moving together with Northwest Stock
Moving against Northwest Stock
| 0.46 | RVSN | Rail Vision Upward Rally | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northwest Natural's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Northwest Natural Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Northwest Natural 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 Northwest 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 Northwest Natural Gas 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 Northwest Stock performing well and Northwest Natural 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 Northwest Natural's 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ELPC | 2.23 | 0.22 | 0.06 | 0.51 | 2.88 | 4.60 | 13.43 | |||
| CTRI | 1.84 | 0.37 | 0.22 | 0.29 | 1.58 | 4.16 | 13.54 | |||
| HTO | 0.97 | 0.15 | 0.06 | 0.56 | 1.21 | 2.12 | 5.45 | |||
| HE | 1.96 | 0.52 | 0.20 | 0.87 | 1.96 | 4.54 | 12.14 | |||
| SPH | 0.92 | 0.18 | 0.07 | 2.23 | 1.15 | 1.81 | 5.48 | |||
| EDN | 2.95 | (0.22) | 0.00 | (0.09) | 0.00 | 6.28 | 17.22 | |||
| CEPU | 2.10 | 0.01 | 0.00 | 0.10 | 2.47 | 5.09 | 13.77 | |||
| CWT | 0.96 | (0.07) | 0.00 | (0.19) | 0.00 | 2.14 | 5.52 | |||
| CPK | 0.92 | 0.01 | (0.06) | (0.06) | 1.18 | 1.99 | 5.00 | |||
| AWR | 0.75 | (0.06) | 0.00 | (0.20) | 0.00 | 1.53 | 4.33 |
Cross Equities Net Income Analysis
Compare Northwest Natural Gas and related stocks such as Companhia Paranaense, Centuri Holdings, and H2O America Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ELPC | 453.4 M | 700.7 M | 1.1 B | 1.2 B | 1.1 B | 895.8 M | 1 B | 1.4 B | 2 B | 3.9 B | 5 B | 1.1 B | 2.3 B | 454.3 M | 2.8 B | 3.2 B | 3.4 B |
| CTRI | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 40.5 M | (168.1 M) | (186.2 M) | (6.7 M) | (6.1 M) | (6.4 M) |
| HTO | 8.6 M | 20.9 M | 22.3 M | 22.4 M | 51.8 M | 37.9 M | 52.8 M | 59.2 M | 38.8 M | 23.4 M | 61.5 M | 60.5 M | 73.8 M | 85 M | 94 M | 108.1 M | 113.5 M |
| HE | 39 M | 140.1 M | 140.5 M | 163.4 M | 170.2 M | 161.8 M | 250.1 M | 167.2 M | 203.7 M | 217.9 M | 197.8 M | 246.2 M | 241.1 M | 199.2 M | (1.4 B) | (1.3 B) | (1.2 B) |
| SPH | 33.6 M | 1.9 M | 78.8 M | 94.5 M | 84.4 M | 14.4 M | 38 M | 76.5 M | 68.6 M | 60.8 M | 122.8 M | 139.7 M | 123.8 M | 74.2 M | 106.6 M | 122.6 M | 70.2 M |
| EDN | (582.7 M) | (435.4 M) | (1 B) | 771.7 M | (779.7 M) | 1.1 B | (1.2 B) | 682.2 M | 4.3 B | 24.9 B | (52 B) | (129.5 B) | (44 B) | 48.4 B | 272.1 B | 312.9 B | 328.6 B |
| CEPU | (86.1 M) | 231.8 M | (30 M) | 90.3 M | 317.7 M | 1.3 B | 1.8 B | 3.5 B | 17.5 B | 18.1 B | 20.3 B | (4.5 B) | 129.1 B | 14.8 B | 49.6 B | 57 B | 59.9 B |
| CWT | 12.5 M | 37.7 M | 48.8 M | 47.3 M | 56.7 M | 45 M | 48.7 M | 67.2 M | 65.6 M | 63.1 M | 96.8 M | 101.1 M | 96 M | 51.9 M | 190.8 M | 219.4 M | 230.4 M |
| CPK | 2.9 M | 27.6 M | 28.9 M | 32.8 M | 36.1 M | 41.1 M | 44.7 M | 58.1 M | 56.6 M | 65.2 M | 71.5 M | 83.5 M | 89.8 M | 87.2 M | 118.6 M | 136.4 M | 143.2 M |
| AWR | 6.2 M | 45.9 M | 54.1 M | 62.7 M | 61.1 M | 60.5 M | 59.7 M | 69.4 M | 63.9 M | 84.3 M | 86.4 M | 94.3 M | 78.4 M | 124.9 M | 119.3 M | 137.2 M | 144 M |
Northwest Natural Gas and related stocks such as Companhia Paranaense, Centuri Holdings, and H2O America Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Northwest Natural Gas financial statement analysis. It represents the amount of money remaining after all of Northwest Natural Gas operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Northwest Natural Competitive Analysis
The better you understand Northwest Natural competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Northwest Natural's 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 Northwest Natural's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Northwest Natural Competition Performance Charts
Five steps to successful analysis of Northwest Natural Competition
Northwest Natural's 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 Northwest Natural Gas in relation to its competition. Northwest Natural's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Northwest Natural 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 Northwest Natural's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Northwest Natural Gas, 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 Northwest Natural Correlation with its peers. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Will Gas Utilities sector continue expanding? Could Northwest diversify its offerings? Factors like these will boost the valuation of Northwest Natural. Anticipated expansion of Northwest directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Northwest Natural data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.29 | Dividend Share 1.96 | Earnings Share 2.55 | Revenue Per Share | Quarterly Revenue Growth 0.203 |
Investors evaluate Northwest Natural Gas using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Northwest Natural's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Northwest Natural's market price to deviate significantly from intrinsic value.
It's important to distinguish between Northwest Natural's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Northwest Natural should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Northwest Natural's market price signifies the transaction level at which participants voluntarily complete trades.