Northrim Bancorp Stock Alpha and Beta Analysis
| NRIM Stock | USD 85.08 3.27 4.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northrim BanCorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northrim BanCorp over a specified time horizon. Remember, high Northrim BanCorp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Northrim BanCorp's market risk premium analysis include:
Beta 0.0021 | Alpha 0.4 | Risk 2.87 | Sharpe Ratio 0.14 | Expected Return 0.41 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Northrim |
Northrim BanCorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northrim BanCorp market risk premium is the additional return an investor will receive from holding Northrim BanCorp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Northrim BanCorp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Northrim BanCorp's performance over market.| α | 0.40 | β | 0 |
Northrim BanCorp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Northrim BanCorp's Buy-and-hold return. Our buy-and-hold chart shows how Northrim BanCorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northrim BanCorp Market Price Analysis
Market price analysis 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 understating and applying Northrim BanCorp stock market price indicators, traders can identify Northrim BanCorp position entry and exit signals to maximize returns.
Northrim BanCorp Return and Market Media
The median price of Northrim BanCorp for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 69.02 with a coefficient of variation of 7.91. The daily time series for the period is distributed with a sample standard deviation of 5.59, arithmetic mean of 70.67, and mean deviation of 4.21. The Stock did not receive any noticable media coverage during the period.About Northrim BanCorp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Northrim or other stocks. Alpha measures the amount that position in Northrim BanCorp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Northrim BanCorp Upcoming Company Events
As portrayed in its financial statements, the presentation of Northrim BanCorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northrim BanCorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northrim BanCorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northrim BanCorp. Please utilize our Beneish M Score to check the likelihood of Northrim BanCorp's management manipulating its earnings.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with Northrim BanCorp
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Check out Northrim BanCorp Backtesting, Northrim BanCorp Valuation, Northrim BanCorp Correlation, Northrim BanCorp Hype Analysis, Northrim BanCorp Volatility, Northrim BanCorp History and analyze Northrim BanCorp Performance. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.