Northern Technologies Stock Price on November 30, 2023
| NTIC Stock | USD 14.24 0.38 2.74% |
Below is the normalized historical share price chart for Northern Technologies extending back to March 27, 1992. 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 Technologies stands at 14.24, as last reported on the 22nd of November, with the highest price reaching 14.35 and the lowest price hitting 13.56 during the day.
If you're considering investing in Northern Stock, it is important to understand the factors that can impact its price. At this point, Northern Technologies is somewhat reliable. Northern Technologies has Sharpe Ratio of 0.0337, which conveys that the firm had a 0.0337% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northern Technologies, which you can use to evaluate the volatility of the firm. Please verify Northern Technologies' Mean Deviation of 2.2, downside deviation of 2.52, and Risk Adjusted Performance of 0.0631 to check out if the risk estimate we provide is consistent with the expected return of 0.0887%.
At present, Northern Technologies' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 26.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 9.3 M. . At present, Northern Technologies' Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 2.40, whereas Price Earnings To Growth Ratio is projected to grow to (0.82). Northern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of September 1993 | 200 Day MA 14.2932 | 50 Day MA 12.6378 | Beta 0.616 |
Northern |
Sharpe Ratio = 0.0337
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Estimated Market Risk
| 2.63 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Northern Technologies is performing at about 2% 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 Technologies by adding it to a well-diversified portfolio.
Price Book 1.8437 | Enterprise Value Ebitda 13.7414 | Price Sales 1.6363 | Shares Float 7.8 M | Wall Street Target Price 20 |
Northern Technologies Valuation on November 30, 2023
It is possible to determine the worth of Northern Technologies on a given historical date. On November 30, 2023 Northern was worth 10.39 at the beginning of the trading date compared to the closed value of 10.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Technologies stock. Still, in general, we apply an absolute valuation method to find Northern Technologies' 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 Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 10.51 | 10.97 | 10.44 | 10.52 | 17,910 | |
11/30/2023 | 10.39 | 10.82 | 10.39 | 10.63 | 11,438 |
| 10.83 | 10.93 | 10.53 | 10.71 | 9,984 |
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Northern Technologies Trading Date Momentum on November 30, 2023
| On December 01 2023 Northern Technologies was traded for 10.71 at the closing time. The top price for the day was 10.93 and the lowest listed price was 10.53 . The trading volume for the day was 10 K. The trading history from December 1, 2023 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.75% . The trading delta at closing time against the current closing price is 0.47% . |
Northern Technologies Fundamentals Correlations and Trends
By evaluating Northern Technologies' 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 Technologies' 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 Technologies Stock history
Northern Technologies 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 Technologies 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 Technologies stock prices may prove useful in developing a viable investing in Northern Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.1 M | 9.3 M | |
| Net Income Applicable To Common Shares | 7.3 M | 7.6 M |
Northern Technologies Quarterly Net Working Capital |
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Northern Technologies Stock Technical Analysis
Northern Technologies 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
Northern Technologies Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Northern Technologies 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.
Northern Technologies November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern Technologies 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 Technologies shares will generate the highest return on investment. By undertsting and applying Northern Technologies stock market strength indicators, traders can identify Northern Technologies entry and exit signals to maximize returns
Northern Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Technologies' 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.
| Risk Adjusted Performance | 0.0631 | |||
| Jensen Alpha | 0.0327 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0348 | |||
| Treynor Ratio | 0.1206 |
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Complementary Tools for Northern Stock analysis
When running Northern Technologies' price analysis, check to measure Northern Technologies' 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 Technologies is operating at the current time. Most of Northern Technologies' value examination focuses on studying past and present price action to predict the probability of Northern Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Technologies' price. Additionally, you may evaluate how the addition of Northern Technologies to your portfolios can decrease your overall portfolio volatility.
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