Northern Oil Gas Stock Price on November 7, 2024

NOG Stock  USD 43.31  0.11  0.25%   
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 43.31, as last reported on the 25th of November, with the highest price reaching 43.58 and the lowest price hitting 42.56 during the day.
IPO Date
13th of April 2007
200 Day MA
38.5856
50 Day MA
38.2796
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 0.0722, which conveys that the firm had a 0.0722% 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, mean deviation of 1.66, and Risk Adjusted Performance of 0.0813 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
  
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 = 0.0722

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Estimated Market Risk

 2.46
  actual daily
21
79% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Northern Oil is performing at about 5% 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
1.864
Enterprise Value Ebitda
3.3198
Price Sales
2.1559
Shares Float
92.4 M
Dividend Share
1.62

Northern Oil Main Headline on 7th of November 2024

Northern Oil Gas Inc reports record oil production and free cash flow, while navigating market volatility with strategic flexibility and shareholder returns.

Northern Oil Valuation on November 7, 2024

It is possible to determine the worth of Northern Oil on a given historical date. On November 7, 2024 Northern was worth 41.33 at the beginning of the trading date compared to the closed value of 40.54. 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
  40.20    41.52    38.95    41.06    4,982,963  
11/07/2024
  41.33    41.37    40.32    40.54    1,790,260  
  40.54    40.98    39.89    40.93    1,255,271  
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Open Value
41.33
40.54
Closing Value
48.72
Upside

Northern Oil Trading Date Momentum on November 7, 2024

On November 08 2024 Northern Oil Gas was traded for  40.93  at the closing time. Highest Northern Oil's price during the trading hours was 40.98  and the lowest price during the day was  39.89 . The net volume was 1.3 M. The overall trading history on the 8th of November contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 0.96% . The trading delta at closing time to current price is 1.38% .

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 25, 2024
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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 25, 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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