Northwest Bancshares Stock Alpha and Beta Analysis
| NWBI Stock | USD 14.84 0.19 1.26% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northwest Bancshares. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northwest Bancshares over a specified time horizon. Remember, high Northwest Bancshares' 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 Northwest Bancshares' market risk premium analysis include:
Beta 2.04 | Alpha (0.08) | Risk 2.27 | Sharpe Ratio 0.0718 | Expected Return 0.16 |
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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.
Northwest |
Northwest Bancshares Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northwest Bancshares market risk premium is the additional return an investor will receive from holding Northwest Bancshares 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 Northwest Bancshares. 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 Northwest Bancshares' performance over market.| α | -0.08 | β | 2.04 |
Northwest Bancshares 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 Northwest Bancshares' Buy-and-hold return. Our buy-and-hold chart shows how Northwest Bancshares performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northwest Bancshares Market Price Analysis
Market price analysis indicators help investors to evaluate how Northwest Bancshares 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 Bancshares shares will generate the highest return on investment. By understating and applying Northwest Bancshares stock market price indicators, traders can identify Northwest Bancshares position entry and exit signals to maximize returns.
Northwest Bancshares Return and Market Media
The median price of Northwest Bancshares for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 13.28 with a coefficient of variation of 5.15. The daily time series for the period is distributed with a sample standard deviation of 0.69, arithmetic mean of 13.49, and mean deviation of 0.55. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Northwest Bancshares Q3 2024 Earnings Preview | 10/28/2024 |
2 | Northwest Bancshares Q3 Earnings Meet Estimates | 10/29/2024 |
3 | Northwest Bancshares declares 0.20 dividend | 10/30/2024 |
4 | Northwest Bancshares, Inc. Q3 2024 Earnings Call Transcript | 10/31/2024 |
5 | Northwest Bancshares Has Affirmed Its Dividend Of 0.20 | 11/01/2024 |
6 | Northwest Bancshares Earns Relative Strength Rating Upgrade Hits Key Threshold | 11/07/2024 |
7 | Stocks To Watch Northwest Bancshares Sees RS Rating Rise To 81 | 11/12/2024 |
| Northwest Bancshares dividend paid on 18th of November 2024 | 11/18/2024 |
8 | Chevron Co. Stake Lowered by Northwest Bancshares Inc. | 11/20/2024 |
9 | Northwest Bancshares Inc. Sells 137 Shares of Deere Company | 11/21/2024 |
About Northwest Bancshares 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 Northwest or other stocks. Alpha measures the amount that position in Northwest Bancshares 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 | 0.0561 | 0.0575 | 0.0643 | 0.0675 | Price To Sales Ratio | 3.52 | 3.33 | 3.0 | 4.66 |
Northwest Bancshares Upcoming Company Events
As portrayed in its financial statements, the presentation of Northwest Bancshares' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northwest Bancshares' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northwest Bancshares' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northwest Bancshares. Please utilize our Beneish M Score to check the likelihood of Northwest Bancshares' management manipulating its earnings.
| 22nd of April 2024 Upcoming Quarterly Report | View | |
| 22nd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 27th 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 Northwest Bancshares
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 Northwest Bancshares Backtesting, Northwest Bancshares Valuation, Northwest Bancshares Correlation, Northwest Bancshares Hype Analysis, Northwest Bancshares Volatility, Northwest Bancshares History and analyze Northwest Bancshares Performance. For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Northwest Bancshares 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.