Northwest Natural Holding Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS
NWN Stock | USD 43.82 0.48 1.11% |
About 51% of Northwest Natural's investors are presently thinking to get in. The analysis of overall sentiment of trading Northwest Natural Gas stock suggests that some investors are interested at this time. Northwest Natural's investing sentiment overview a quick insight into current market opportunities from investing in Northwest Natural Gas. Many technical investors use Northwest Natural Gas stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Northwest |
Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Northwest Natural Holding by 11.7 percent in the second quarter, according to its most recent Form 13F filing with the Securities Exchange Commission. The firm owned 100,299 shares of the utilities providers stock after purchasing an additional
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Northwest Natural Fundamental Analysis
We analyze Northwest Natural's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northwest Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northwest Natural based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Northwest Natural is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Northwest Natural Gas Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Northwest Natural stock to make a market-neutral strategy. Peer analysis of Northwest Natural could also be used in its relative valuation, which is a method of valuing Northwest Natural by comparing valuation metrics with similar companies.
Peers
Northwest Natural Related Equities
SPH | Suburban Propane | 2.58 | ||||
UGI | UGI | 1.10 | ||||
OGS | One Gas | 0.49 | ||||
SR | Spire | 0.11 | ||||
CPK | Chesapeake Utilities | 0.02 | ||||
NJR | NewJersey Resources | 0.06 | ||||
ATO | Atmos Energy | 0.07 | ||||
NI | NiSource | 0.42 | ||||
RGCO | RGC Resources | 0.48 |
Check out Northwest Natural Hype Analysis, Northwest Natural Correlation and Northwest Natural Performance. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Utilities 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 Northwest Natural. If investors know Northwest 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 Northwest Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Northwest Natural Gas is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Natural's value that differs from its market value or its book value, called intrinsic value, which is Northwest Natural'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 Northwest Natural's market value can be influenced by many factors that don't directly affect Northwest Natural'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 Northwest Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northwest Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Natural'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.