Northwest Natural versus China Gas Head to Head Comparison
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 |
Northwest Natural and China Gas are both utilities companies, but which is the superior business We will contrast the two companies based on the strength of their risk, analyst recommendations, earnings, valuation, institutional ownership, dividends and profitability. Profitability This table compares Northwest Natural and China
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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.
Current Valuation
Current Valuation Comparative Analysis
Northwest Natural is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.