Northern Technologies Stock Alpha and Beta Analysis
| NTIC Stock | USD 13.57 0.42 3.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northern Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northern Technologies over a specified time horizon. Remember, high Northern Technologies' 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 Northern Technologies' market risk premium analysis include:
Beta 1.48 | Alpha (0) | Risk 2.57 | Sharpe Ratio 0.0526 | Expected Return 0.14 |
Enterprise Value |
|
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.
Northern |
Northern Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northern Technologies market risk premium is the additional return an investor will receive from holding Northern Technologies 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 Northern Technologies. 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 Northern Technologies' performance over market.| α | -0.0048 | β | 1.48 |
Northern Technologies 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 Northern Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Northern Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northern Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Northern Technologies 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 Technologies shares will generate the highest return on investment. By understating and applying Northern Technologies stock market price indicators, traders can identify Northern Technologies position entry and exit signals to maximize returns.
Northern Technologies Return and Market Media
The median price of Northern Technologies for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 12.6 with a coefficient of variation of 4.81. The daily time series for the period is distributed with a sample standard deviation of 0.61, arithmetic mean of 12.7, and mean deviation of 0.51. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Kemp Sarah E. of 3771 shares of Northern Technologies subject to Rule 16b-3 | 08/30/2024 |
2 | Northern Technologies International Corp Stock Price Up 8.94 percent on Sep 12 | 09/12/2024 |
3 | Acquisition by Lee Sunggyu of 8000 shares of Northern Technologies at 7.35 subject to Rule 16b-3 | 10/18/2024 |
4 | Acquisition by Calderon Nancy E. of tradable shares of Northern Technologies at 13.63 subject to Rule 16b-3 | 10/25/2024 |
5 | Rayonier Advanced Materials Reports Q3 Loss, Lags Revenue Estimates | 11/05/2024 |
6 | Koppers Surpasses Q3 Earnings Estimates | 11/08/2024 |
| Northern Technologies dividend paid on 13th of November 2024 | 11/13/2024 |
7 | Northern Technologies International Corp Q4 Earnings EPS of 0. ... | 11/19/2024 |
8 | Northern Technologies International Corp Q4 2024 Earnings Call Highlights Strong Sales ... | 11/20/2024 |
About Northern Technologies 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 Northern or other stocks. Alpha measures the amount that position in Northern Technologies 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) | PTB Ratio | 1.71 | 1.82 | 2.09 | 2.4 | Price To Sales Ratio | 1.46 | 1.51 | 1.74 | 2.92 |
Northern Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Northern Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northern Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northern Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northern Technologies. Please utilize our Beneish M Score to check the likelihood of Northern Technologies' management manipulating its earnings.
| 11th of April 2024 Upcoming Quarterly Report | View | |
| 11th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 19th of November 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of August 2023 Last Financial Announcement | View |
Build Portfolio with Northern Technologies
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 Northern Technologies Backtesting, Northern Technologies Valuation, Northern Technologies Correlation, Northern Technologies Hype Analysis, Northern Technologies Volatility, Northern Technologies History and analyze Northern Technologies Performance. For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Northern Technologies 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.