Northwest Pipe Stock Forecast - Accumulation Distribution

NWPX Stock  USD 55.21  1.07  1.98%   
Northwest Stock Forecast is based on your current time horizon.
  
At this time, Northwest Pipe's Inventory Turnover is fairly stable compared to the past year. Receivables Turnover is likely to rise to 3.98 in 2024, whereas Payables Turnover is likely to drop 10.99 in 2024. . Net Income Applicable To Common Shares is likely to rise to about 37.6 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 8.9 M in 2024.
Northwest Pipe has current Accumulation Distribution of 799.4. The accumulation distribution (A/D) indicator shows the degree to which Northwest Pipe is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Northwest Pipe to determine if accumulation or reduction is taking place in the market. This value is adjusted by Northwest Pipe trading volume to give more weight to distributions with higher volume over lower volume.
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Northwest Pipe Trading Date Momentum

On November 21 2024 Northwest Pipe was traded for  55.21  at the closing time. The top price for the day was 55.43  and the lowest listed price was  54.20 . The trading volume for the day was 36 K. The trading history from November 21, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.14% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Northwest Pipe

For every potential investor in Northwest, whether a beginner or expert, Northwest Pipe's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Northwest Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Northwest. Basic forecasting techniques help filter out the noise by identifying Northwest Pipe's price trends.

Northwest Pipe Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Northwest Pipe stock to make a market-neutral strategy. Peer analysis of Northwest Pipe could also be used in its relative valuation, which is a method of valuing Northwest Pipe by comparing valuation metrics with similar companies.
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Northwest Pipe 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 Northwest Pipe'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 Northwest Pipe's current price.

Northwest Pipe Market Strength Events

Market strength indicators help investors to evaluate how Northwest Pipe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northwest Pipe shares will generate the highest return on investment. By undertsting and applying Northwest Pipe stock market strength indicators, traders can identify Northwest Pipe entry and exit signals to maximize returns.

Northwest Pipe Risk Indicators

The analysis of Northwest Pipe'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 Northwest Pipe's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting northwest 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.
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Northwest Stock Analysis

When running Northwest Pipe's price analysis, check to measure Northwest Pipe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northwest Pipe is operating at the current time. Most of Northwest Pipe's value examination focuses on studying past and present price action to predict the probability of Northwest Pipe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northwest Pipe's price. Additionally, you may evaluate how the addition of Northwest Pipe to your portfolios can decrease your overall portfolio volatility.