Northern Oil Gas Stock Price on October 31, 2024

NOG Stock  USD 42.34  0.77  1.85%   
Below is the normalized historical share price chart for Northern Oil Gas extending back to January 10, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Northern Oil stands at 42.34, as last reported on the 22nd of November, with the highest price reaching 42.58 and the lowest price hitting 41.57 during the day.
IPO Date
13th of April 2007
200 Day MA
38.4809
50 Day MA
37.9394
Beta
1.814
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Northern Stock, it is important to understand the factors that can impact its price. At this point, Northern Oil is very steady. Northern Oil Gas has Sharpe Ratio of 0.0532, which conveys that the firm had a 0.0532% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northern Oil, which you can use to evaluate the volatility of the firm. Please verify Northern Oil's Downside Deviation of 2.26, risk adjusted performance of 0.0686, and Mean Deviation of 1.62 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
  
At this time, Northern Oil's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years. The Northern Oil's current Other Stockholder Equity is estimated to increase to about 2.2 B, while Sale Purchase Of Stock is forecasted to increase to (7.6 M). . At this time, Northern Oil's Price To Operating Cash Flows Ratio is most likely to increase significantly in the upcoming years. The Northern Oil's current Price To Book Ratio is estimated to increase to 1.74, while Price Earnings To Growth Ratio is projected to decrease to 0.39. Northern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0532

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Estimated Market Risk

 2.48
  actual daily
22
78% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Northern Oil is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Oil by adding it to a well-diversified portfolio.
Price Book
1.7937
Enterprise Value Ebitda
3.2331
Price Sales
2.0745
Shares Float
92.4 M
Dividend Share
1.62

Northern Oil Main Headline on 31st of October 2024

Northern Oil Gas dividend paid on 31st of October 2024

Northern Oil Valuation on October 31, 2024

It is possible to determine the worth of Northern Oil on a given historical date. On October 31, 2024 Northern was worth 36.91 at the beginning of the trading date compared to the closed value of 36.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Oil stock. Still, in general, we apply an absolute valuation method to find Northern Oil's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Northern Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Oil's related companies.
 Open High Low Close Volume
  36.28    36.88    36.03    36.47    568,525  
10/31/2024
  36.91    37.23    36.13    36.25    1,047,257  
  36.71    37.03    35.65    35.82    729,459  
Backtest Northern Oil  |  Northern Oil History  |  Northern Oil Valuation   PreviousNext  
Open Value
36.91
36.25
Closing Value
44.34
Upside

Northern Oil Trading Date Momentum on October 31, 2024

On November 01 2024 Northern Oil Gas was traded for  35.82  at the closing time. Highest Northern Oil's price during the trading hours was 37.03  and the lowest price during the day was  35.65 . The net volume was 729.5 K. The overall trading history on the 1st of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.19% . The trading delta at closing time to current price is 12.86% .

Northern Oil Gas Fundamentals Correlations and Trends

By evaluating Northern Oil's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Northern Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Northern Oil Stock history

Northern Oil investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Oil Gas will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Northern Oil stock prices may prove useful in developing a viable investing in Northern Oil
Last ReportedProjected for Next Year
Common Stock Shares Outstanding92.1 M96.7 M
Net Income Applicable To Common Shares654.9 M687.7 M

Northern Oil Stock Technical Analysis

Northern Oil 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.
A focus of Northern Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northern Oil trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Northern Oil Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Northern Oil Gas cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Northern Oil November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Northern Oil 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 Oil shares will generate the highest return on investment. By undertsting and applying Northern Oil stock market strength indicators, traders can identify Northern Oil Gas entry and exit signals to maximize returns

Northern Oil Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Northern Oil's price direction in advance. Along with the technical and fundamental analysis of Northern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Northern Stock analysis

When running Northern Oil's price analysis, check to measure Northern Oil'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 Northern Oil is operating at the current time. Most of Northern Oil's value examination focuses on studying past and present price action to predict the probability of Northern Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Oil's price. Additionally, you may evaluate how the addition of Northern Oil to your portfolios can decrease your overall portfolio volatility.
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