First Northwest Bancorp Stock Market Value
| FNWB Stock | USD 11.07 0.34 3.17% |
| Symbol | First |
First Northwest Bancorp Price To Book Ratio
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 First Northwest. If investors know First 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 First Northwest 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 (0.19) | Dividend Share 0.28 | Earnings Share (1.04) | Revenue Per Share 5.743 | Quarterly Revenue Growth (0.28) |
The market value of First Northwest Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Northwest's value that differs from its market value or its book value, called intrinsic value, which is First Northwest'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 First Northwest's market value can be influenced by many factors that don't directly affect First Northwest'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 First Northwest's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Northwest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Northwest'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.
First Northwest 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Northwest's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Northwest.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in First Northwest on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding First Northwest Bancorp or generate 0.0% return on investment in First Northwest over 30 days. First Northwest is related to or competes with Home Federal, First Financial, First Capital, Community West, CF Bankshares, Home Bancorp, and Great Southern. First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer bank... More
First Northwest Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Northwest's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Northwest Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.0035 | |||
| Maximum Drawdown | 14.21 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 4.11 |
First Northwest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Northwest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Northwest's standard deviation. In reality, there are many statistical measures that can use First Northwest historical prices to predict the future First Northwest's volatility.| Risk Adjusted Performance | 0.0466 | |||
| Jensen Alpha | 0.0455 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0042 | |||
| Treynor Ratio | 0.1726 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Northwest's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Northwest Bancorp Backtested Returns
At this point, First Northwest is not too volatile. First Northwest Bancorp secures Sharpe Ratio (or Efficiency) of 0.0421, which denotes the company had a 0.0421% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Northwest Bancorp, which you can use to evaluate the volatility of the firm. Please confirm First Northwest's Mean Deviation of 1.55, coefficient of variation of 1907.42, and Downside Deviation of 1.86 to check if the risk estimate we provide is consistent with the expected return of 0.0955%. First Northwest has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.62, which means possible diversification benefits within a given portfolio. As returns on the market increase, First Northwest's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Northwest is expected to be smaller as well. First Northwest Bancorp right now shows a risk of 2.27%. Please confirm First Northwest Bancorp maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if First Northwest Bancorp will be following its price patterns.
Auto-correlation | -0.51 |
Good reverse predictability
First Northwest Bancorp has good reverse predictability. Overlapping area represents the amount of predictability between First Northwest time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Northwest Bancorp price movement. The serial correlation of -0.51 indicates that about 51.0% of current First Northwest price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
First Northwest Bancorp lagged returns against current returns
Autocorrelation, which is First Northwest stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting First Northwest's stock expected returns. We can calculate the autocorrelation of First Northwest returns to help us make a trade decision. For example, suppose you find that First Northwest has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
First Northwest regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If First Northwest stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Northwest stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Northwest stock over time.
Current vs Lagged Prices |
| Timeline |
First Northwest Lagged Returns
When evaluating First Northwest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Northwest stock have on its future price. First Northwest autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, First Northwest autocorrelation shows the relationship between First Northwest stock current value and its past values and can show if there is a momentum factor associated with investing in First Northwest Bancorp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Northwest Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Northwest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Northwest Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Northwest Bancorp Stock:Check out First Northwest Correlation, First Northwest Volatility and First Northwest Alpha and Beta module to complement your research on First Northwest. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
First Northwest 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.