Northwest Pipe Stock Alpha and Beta Analysis
| NWPX Stock | USD 55.95 0.06 0.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northwest Pipe. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northwest Pipe over a specified time horizon. Remember, high Northwest Pipe'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 Northwest Pipe's market risk premium analysis include:
Beta 0.7 | Alpha 0.27 | Risk 2.36 | Sharpe Ratio 0.18 | Expected Return 0.42 |
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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 Pipe Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northwest Pipe market risk premium is the additional return an investor will receive from holding Northwest Pipe 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 Pipe. 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 Pipe's performance over market.| α | 0.27 | β | 0.70 |
Northwest Pipe 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 Pipe's Buy-and-hold return. Our buy-and-hold chart shows how Northwest Pipe performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northwest Pipe Market Price Analysis
Market price analysis 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 understating and applying Northwest Pipe stock market price indicators, traders can identify Northwest Pipe position entry and exit signals to maximize returns.
Northwest Pipe Return and Market Media
The median price of Northwest Pipe for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 44.65 with a coefficient of variation of 9.99. The daily time series for the period is distributed with a sample standard deviation of 4.63, arithmetic mean of 46.32, and mean deviation of 3.81. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 1000 shares by Megan Kendrick of Northwest Pipe at 42.37 subject to Rule 16b-3 | 09/16/2024 |
2 | Acquisition by Eric Stokes of 2594 shares of Northwest Pipe subject to Rule 16b-3 | 10/01/2024 |
3 | Disposition of 1000 shares by Megan Kendrick of Northwest Pipe at 44.22 subject to Rule 16b-3 | 10/15/2024 |
4 | Northwest Pipes VP of HR sells stock for 44,220 | 10/16/2024 |
5 | Northwest Pipe Third Quarter 2024 Earnings Beats Expectations | 11/01/2024 |
6 | Northwest Pipe Company Hit a 52 Week High, Can the Run Continue | 11/04/2024 |
7 | Can Northwest Pipe Co. Run Higher on Rising Earnings Estimates | 11/05/2024 |
8 | AAON To Report Earnings Tomorrow Here Is What To Expect | 11/06/2024 |
9 | Northwest Pipe Hits New 1-Year High Whats Next | 11/08/2024 |
10 | Disposition of 300 shares by Aaron Wilkins of Northwest Pipe at 53.1 subject to Rule 16b-3 | 11/18/2024 |
11 | Commercial Metals Shows Improved Relative Price Performance Still Shy Of Benchmark | 11/19/2024 |
12 | Northwest Pipe Company Hits Fresh High Is There Still Room to Run | 11/22/2024 |
13 | Has Northwest Pipe Company Outpaced Other Industrial Products Stocks This Year | 11/26/2024 |
About Northwest Pipe 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 Pipe 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 | 2024 (projected) | Days Sales Outstanding | 175.03 | 154.19 | 94.46 | PTB Ratio | 1.11 | 1.05 | 1.14 |
Northwest Pipe Upcoming Company Events
As portrayed in its financial statements, the presentation of Northwest Pipe's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northwest Pipe's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northwest Pipe's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northwest Pipe. Please utilize our Beneish M Score to check the likelihood of Northwest Pipe's management manipulating its earnings.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.