Northrim Bancorp Stock Price on June 20, 2023
| NRIM Stock | USD 88.08 0.42 0.47% |
Below is the normalized historical share price chart for Northrim BanCorp extending back to November 15, 1990. 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 Northrim BanCorp stands at 88.08, as last reported on the 26th of November, with the highest price reaching 91.72 and the lowest price hitting 87.25 during the day.
If you're considering investing in Northrim Stock, it is important to understand the factors that can impact its price. Northrim BanCorp appears to be very steady, given 3 months investment horizon. Northrim BanCorp has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northrim BanCorp, which you can use to evaluate the volatility of the firm. Please exercise Northrim BanCorp's Mean Deviation of 1.95, risk adjusted performance of 0.1488, and Downside Deviation of 2.06 to check out if our risk estimates are consistent with your expectations.
At this time, Northrim BanCorp's Common Stock Shares Outstanding is very stable compared to the past year. As of the 26th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 2.9 B, while Other Stockholder Equity is likely to drop about 9.1 M. . At this time, Northrim BanCorp's Price Sales Ratio is very stable compared to the past year. As of the 26th of November 2024, Price Fair Value is likely to grow to 1.41, while Price Earnings Ratio is likely to drop 8.83. Northrim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of October 1993 | 200 Day MA 59.645 | 50 Day MA 71.8172 | Beta 0.744 |
Northrim |
Sharpe Ratio = 0.1638
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Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Northrim BanCorp is performing at about 12% 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 Northrim BanCorp by adding it to a well-diversified portfolio.
Price Book 1.8724 | Price Sales 3.439 | Shares Float 5.3 M | Dividend Share 2.46 | Wall Street Target Price 90 |
Northrim BanCorp Valuation on June 20, 2023
It is possible to determine the worth of Northrim BanCorp on a given historical date. On June 20, 2023 Northrim was worth 38.78 at the beginning of the trading date compared to the closed value of 38.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northrim BanCorp stock. Still, in general, we apply an absolute valuation method to find Northrim BanCorp'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 Northrim BanCorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northrim BanCorp's related companies.
| Open | High | Low | Close | Volume | |
| 39.16 | 39.30 | 38.30 | 38.70 | 26,976 | |
06/20/2023 | 38.78 | 39.22 | 38.03 | 38.35 | 42,611 |
| 38.34 | 38.80 | 38.23 | 38.39 | 28,421 |
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Northrim BanCorp Trading Date Momentum on June 20, 2023
| On June 21 2023 Northrim BanCorp was traded for 38.39 at the closing time. The top price for the day was 38.80 and the lowest listed price was 38.23 . The trading volume for the day was 28.4 K. The trading history from June 21, 2023 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.10% . The trading delta at closing time against the current closing price is 3.75% . |
Northrim BanCorp Fundamentals Correlations and Trends
By evaluating Northrim BanCorp'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 Northrim BanCorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northrim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northrim BanCorp Stock history
Northrim BanCorp 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 Northrim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northrim BanCorp 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 Northrim BanCorp stock prices may prove useful in developing a viable investing in Northrim BanCorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.7 M | 6.5 M | |
| Net Income Applicable To Common Shares | 35.4 M | 37.1 M |
Northrim BanCorp Stock Technical Analysis
Northrim BanCorp 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.
Price Boundaries
Northrim BanCorp Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Northrim BanCorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Northrim BanCorp November 26, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northrim BanCorp's price direction in advance. Along with the technical and fundamental analysis of Northrim Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northrim 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.
| Risk Adjusted Performance | 0.1488 | |||
| Jensen Alpha | 0.2092 | |||
| Total Risk Alpha | 0.0689 | |||
| Sortino Ratio | 0.1988 | |||
| Treynor Ratio | 0.1995 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.