Northrop Grumman Stock Alpha and Beta Analysis
| NOC Stock | USD 496.87 0.46 0.09% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northrop Grumman. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northrop Grumman over a specified time horizon. Remember, high Northrop Grumman's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Northrop Grumman's market risk premium analysis include:
Beta 0.52 | Alpha (0.1) | Risk 1.06 | Sharpe Ratio (0.03) | Expected Return (0.04) |
Northrop Grumman Quarterly Cash And Equivalents |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Northrop |
Northrop Grumman Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northrop Grumman market risk premium is the additional return an investor will receive from holding Northrop Grumman long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Northrop Grumman. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Northrop Grumman's performance over market.| α | -0.1 | β | 0.52 |
Northrop Grumman expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Northrop Grumman's Buy-and-hold return. Our buy-and-hold chart shows how Northrop Grumman performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northrop Grumman Market Price Analysis
Market price analysis indicators help investors to evaluate how Northrop Grumman stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northrop Grumman shares will generate the highest return on investment. By understating and applying Northrop Grumman stock market price indicators, traders can identify Northrop Grumman position entry and exit signals to maximize returns.
Northrop Grumman Return and Market Media
The median price of Northrop Grumman for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 521.27 with a coefficient of variation of 2.41. The daily time series for the period is distributed with a sample standard deviation of 12.52, arithmetic mean of 519.6, and mean deviation of 9.81. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Northrop Grumman dividend paid on 18th of September 2024 | 09/18/2024 |
1 | ASX newcomer Merino Co runs hard on Melbourne Cup week | 11/08/2024 |
2 | Heres Why Northrop Grumman is a Strong Value Stock | 11/11/2024 |
3 | Northrop Grumman Corp Shares Gap Down to 501.595 on Nov 14 | 11/14/2024 |
4 | Lockheed Secures a 139M Deal to Support Stinger Missile Program | 11/18/2024 |
5 | Trumps Tariffs Could Have Severe Consequences For US Defense Sector, Beijing Adviser Warns | 11/19/2024 |
6 | Stained-glass Tiffany window sells for record 12.48 million at auction | 11/20/2024 |
7 | Smithfield Trust Co Buys 35 Shares of Northrop Grumman Co. | 11/21/2024 |
8 | NASA begins stacking SLS rocket for Artemis 2 moon mission | 11/22/2024 |
About Northrop Grumman Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Northrop or other stocks. Alpha measures the amount that position in Northrop Grumman has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0158 | 0.0124 | 0.0157 | 0.0303 | Price To Sales Ratio | 1.74 | 2.31 | 1.81 | 1.9 |
Northrop Grumman Upcoming Company Events
As portrayed in its financial statements, the presentation of Northrop Grumman's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northrop Grumman's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northrop Grumman's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northrop Grumman. Please utilize our Beneish M Score to check the likelihood of Northrop Grumman's management manipulating its earnings.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with Northrop Grumman
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Northrop Grumman Backtesting, Northrop Grumman Valuation, Northrop Grumman Correlation, Northrop Grumman Hype Analysis, Northrop Grumman Volatility, Northrop Grumman History and analyze Northrop Grumman Performance. For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Northrop Grumman technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.