North West Stock Today
NWC Stock | CAD 39.13 0.30 0.77% |
Performance2 of 100
| Odds Of DistressLess than 8
|
North West is selling at 39.13 as of the 24th of April 2024; that is 0.77 percent up since the beginning of the trading day. The stock's open price was 38.83. North West has only a 8 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for North West are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Consumer Staples Distribution & Retail | Category Consumer Defensive | Classification Consumer Staples |
The North West Company Inc., through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in Canada, Alaska, the South Pacific, and the Caribbean. The North West Company Inc. The company has 47.58 M outstanding shares of which 455.28 K shares are now shorted by private and institutional investors with about 6.13 days to cover all short positions. More on North West
Moving against North Stock
0.47 | BMO | Bank of Montreal Split | PairCorr |
0.41 | FFH-PC | Fairfax Fin Hld | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
North Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. North West's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding North West or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Edward Kennedy | ||||
Business Concentration | Consumer Staples Distribution & Retail, Consumer Defensive, Consumer Staples, Consumer Staples Distribution & Retail, Grocery Stores, Consumer Defensive (View all Sectors) | ||||
North West's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to North West's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand North West's financial leverage. It provides some insight into what part of North West's total assets is financed by creditors.
|
North West (NWC) is traded on Toronto Exchange in Canada and employs 7,382 people. North West is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate North West's market, we take the total number of its shares issued and multiply it by North West's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. North West operates under Consumer Staples Distribution & Retail sector and is part of Consumer Staples industry. The entity has 47.58 M outstanding shares of which 455.28 K shares are now shorted by private and institutional investors with about 6.13 days to cover all short positions.
North West has accumulated about 73.47 M in cash with 230.43 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51.
Check North West Probability Of Bankruptcy
Ownership AllocationNorth West maintains a total of 47.58 Million outstanding shares. 30% of North West outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check North Ownership Details
North Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of North West jumping above the current price in 90 days from now is about 33.61%. The North West probability density function shows the probability of North West stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon North West has a beta of 0.7468. This indicates as returns on the market go up, North West average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding North West will be expected to be much smaller as well. Additionally, north West has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of North West to move above the current price in 90 days from now is about 33.61 (This North West probability density function shows the probability of North Stock to fall within a particular range of prices over 90 days) .
North West Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. North West market risk premium is the additional return an investor will receive from holding North West 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 North West. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although North West's alpha and beta are two of the key measurements used to evaluate North West's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.8437 | |||
Semi Deviation | 1.42 | |||
Standard Deviation | 1.14 | |||
Variance | 1.3 |
North Stock Against Markets
Picking the right benchmark for North West stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in North West stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for North West is critical whether you are bullish or bearish towards North West at a given time. Please also check how North West's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in North West without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Latest Portfolios Now
Latest PortfoliosQuick portfolio dashboard that showcases your latest portfolios |
All Next | Launch Module |
North West Corporate Directors
North West corporate directors refer to members of a North West board of directors. The board of directors generally takes responsibility for the North West's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of North West's board members must vote for the resolution. The North West board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Victor Tootoo | Independent Director | Profile | |
Brock Bulbuck | Independent Director | Profile | |
Eric Stefanson | Independent Director | Profile | |
Annalisa King | Independent Director | Profile |
How to buy North Stock?
Before investing in North West, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in North West. To buy North West stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of North West. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase North West stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located North West stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased North West stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as North West, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in North West?
The danger of trading North West is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of North West is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than North West. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile North West is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North West. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the North West information on this page should be used as a complementary analysis to other North West's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for North Stock analysis
When running North West's price analysis, check to measure North West'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 North West is operating at the current time. Most of North West's value examination focuses on studying past and present price action to predict the probability of North West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North West's price. Additionally, you may evaluate how the addition of North West to your portfolios can decrease your overall portfolio volatility.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |