Northrim BanCorp Stock Forecast - Daily Balance Of Power

NRIM Stock  USD 85.57  0.61  0.71%   
Northrim Stock Forecast is based on your current time horizon. Although Northrim BanCorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Northrim BanCorp's systematic risk associated with finding meaningful patterns of Northrim BanCorp fundamentals over time.
  
At this time, Northrim BanCorp's Fixed Asset Turnover is very stable compared to the past year. As of the 29th of November 2024, Asset Turnover is likely to grow to 0.06, while Inventory Turnover is likely to drop 0.10. . As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 6.5 M. Also, Net Income Applicable To Common Shares is likely to grow to about 37.1 M.
On March 14, 2024 Northrim BanCorp had Daily Balance Of Power of (0.90). Balance of Power indicator (or BOP) measures the strength of Northrim BanCorp market sensitivity to bulls and bears. It estimates the ability of Northrim BanCorp buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Northrim BanCorp Balance of Power indicator one can determine a trend of the price direction.
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Northrim BanCorp Trading Date Momentum

On March 15 2024 Northrim BanCorp was traded for  47.52  at the closing time. The top price for the day was 47.72  and the lowest listed price was  45.21 . The trading volume for the day was 40.5 K. The trading history from March 15, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 3.87% . The trading delta at closing time against the current closing price is 3.13% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Northrim BanCorp

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

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 Risk & Return  Correlation

Northrim BanCorp 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 Northrim BanCorp'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 Northrim BanCorp's current price.

Northrim BanCorp Market Strength Events

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

Northrim BanCorp Risk Indicators

The analysis of Northrim BanCorp'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 Northrim BanCorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting northrim 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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When determining whether Northrim BanCorp is a strong investment it is important to analyze Northrim BanCorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northrim BanCorp's future performance. For an informed investment choice regarding Northrim Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Northrim BanCorp to cross-verify your projections.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrim BanCorp. If investors know Northrim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrim BanCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.061
Dividend Share
2.46
Earnings Share
5.86
Revenue Per Share
25.726
Quarterly Revenue Growth
0.157
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.