Northrim Bancorp Stock Price on July 25, 2024
| NRIM Stock | USD 58.41 2.00 3.55% |
Below is the normalized historical share price chart for Northrim BanCorp extending back to November 15, 1990. 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 Northrim BanCorp stands at 58.41, as last reported on the 3rd of June, with the highest price reaching 59.00 and the lowest price hitting 56.13 during the day.
If you're considering investing in Northrim Stock, it is important to understand the factors that can impact its price. Northrim BanCorp appears to be very steady, given 3 months investment horizon. Northrim BanCorp has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northrim BanCorp, which you can use to evaluate the volatility of the firm. Please exercise Northrim BanCorp's Mean Deviation of 1.75, downside deviation of 2.2, and Risk Adjusted Performance of 0.0996 to check out if our risk estimates are consistent with your expectations.
At this time, Northrim BanCorp's Common Stock Shares Outstanding is very stable compared to the past year. As of the 3rd of June 2024, Liabilities And Stockholders Equity is likely to grow to about 2.9 B, while Other Stockholder Equity is likely to drop about 9.1 M. . At this time, Northrim BanCorp's Price Sales Ratio is very stable compared to the past year. As of the 3rd of June 2024, Price Fair Value is likely to grow to 1.41, while Price Earnings Ratio is likely to drop 8.83. Northrim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of October 1993 | 200 Day MA 47.9227 | 50 Day MA 50.116 | Beta 0.722 |
Northrim |
Sharpe Ratio = 0.1413
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Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Northrim BanCorp is performing at about 11% 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 Northrim BanCorp by adding it to a well-diversified portfolio.
Price Book 1.0614 | Price Sales 1.9805 | Shares Float 5.3 M | Dividend Share 2.42 | Wall Street Target Price 58 |
Northrim BanCorp Valuation on July 25, 2024
It is possible to determine the worth of Northrim BanCorp on a given historical date. On July 25, 2024 Northrim was worth 56.21 at the beginning of the trading date compared to the closed value of 58.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northrim BanCorp stock. Still, in general, we apply an absolute valuation method to find Northrim BanCorp's 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 Northrim BanCorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northrim BanCorp's related companies.
| Open | High | Low | Close | Volume | |
| 56.21 | 59.00 | 56.13 | 58.41 | 49,560 | |
06/03/2024 | 56.21 | 59.00 | 56.13 | 58.41 | 0.00 |
| Backtest Northrim BanCorp | | | Northrim BanCorp History | | | Northrim BanCorp Valuation | Previous |
Northrim BanCorp Trading Date Momentum on July 25, 2024
| On June 03 2024 Northrim BanCorp was traded for 58.41 at the closing time. The top price for the day was 59.00 and the lowest listed price was 56.13 . There was no trading activity during the period 0.0. Lack of trading volume on June 3, 2024 did not cause price change. The trading delta at closing time against the current closing price is 3.77% . |
Northrim BanCorp Fundamentals Correlations and Trends
By evaluating Northrim BanCorp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Northrim BanCorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northrim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northrim BanCorp Stock history
Northrim BanCorp 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 Northrim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northrim BanCorp 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 Northrim BanCorp stock prices may prove useful in developing a viable investing in Northrim BanCorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.7 M | 6.5 M | |
| Net Income Applicable To Common Shares | 35.4 M | 37.1 M |
Northrim BanCorp Stock Technical Analysis
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.
Price Boundaries
Northrim BanCorp Period Price Range
Low | June 3, 2024
| High |
56.21 | 58.41 |
Northrim BanCorp June 3, 2024 Market Strength
Market strength 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 undertsting and applying Northrim BanCorp stock market strength indicators, traders can identify Northrim BanCorp entry and exit signals to maximize returns
Northrim BanCorp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northrim BanCorp's price direction in advance. Along with the technical and fundamental analysis of Northrim Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northrim 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 | 0.0996 | |||
| Jensen Alpha | 0.2558 | |||
| Total Risk Alpha | 0.1877 | |||
| Sortino Ratio | 0.1249 | |||
| Treynor Ratio | 0.2035 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrim BanCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running Northrim BanCorp's price analysis, check to measure Northrim BanCorp's 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 Northrim BanCorp is operating at the current time. Most of Northrim BanCorp's value examination focuses on studying past and present price action to predict the probability of Northrim BanCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northrim BanCorp's price. Additionally, you may evaluate how the addition of Northrim BanCorp to your portfolios can decrease your overall portfolio volatility.
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Is Northrim BanCorp's industry 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 Northrim BanCorp. If investors know Northrim 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 Northrim BanCorp 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 0.762 | Dividend Share 2.42 | Earnings Share 5.15 | Revenue Per Share 23.472 | Quarterly Revenue Growth 0.154 |
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp'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 Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp'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 Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp'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.