Northern Oil Stock Forecast - Total Risk Alpha
NOG Stock | USD 42.34 0.77 1.85% |
Northern Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Northern Oil's historical fundamentals, such as revenue growth or operating cash flow patterns.
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Northern Oil Trading Date Momentum
On November 21 2024 Northern Oil Gas was traded for 42.34 at the closing time. Highest Northern Oil's price during the trading hours was 42.58 and the lowest price during the day was 41.57 . The net volume was 1 M. The overall trading history on the 21st of November did not cause price change. The trading delta at closing time to current price is 1.82% . |
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Other Forecasting Options for Northern Oil
For every potential investor in Northern, whether a beginner or expert, Northern Oil's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Northern Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Northern. Basic forecasting techniques help filter out the noise by identifying Northern Oil's price trends.View Northern Oil Related Equities
Risk & Return | Correlation |
Northern Oil Gas Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Northern Oil's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Northern Oil's current price.Cycle Indicators | ||
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Northern Oil Market Strength Events
Market strength indicators help investors to evaluate how Northern Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Oil shares will generate the highest return on investment. By undertsting and applying Northern Oil stock market strength indicators, traders can identify Northern Oil Gas entry and exit signals to maximize returns.
Northern Oil Risk Indicators
The analysis of Northern Oil's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Northern Oil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting northern stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.62 | |||
Semi Deviation | 2.02 | |||
Standard Deviation | 2.46 | |||
Variance | 6.07 | |||
Downside Variance | 5.09 | |||
Semi Variance | 4.09 | |||
Expected Short fall | (1.63) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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When determining whether Northern Oil Gas is a strong investment it is important to analyze Northern Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northern Oil's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Northern Oil to cross-verify your projections. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Oil. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 9.571 | Dividend Share 1.62 | Earnings Share 8.58 | Revenue Per Share 20.025 | Quarterly Revenue Growth 0.062 |
The market value of Northern Oil Gas is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Oil's value that differs from its market value or its book value, called intrinsic value, which is Northern Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Oil's market value can be influenced by many factors that don't directly affect Northern Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Oil's 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.