Northwestern Stock Technical Analysis
| NWE Stock | USD 48.93 0.41 0.85% |
As of the 18th of April 2024, NorthWestern secures the Risk Adjusted Performance of 0.0015, standard deviation of 1.31, and Mean Deviation of 0.9302. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NorthWestern, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to interpolate and break down thirteen technical drivers for NorthWestern, which can be compared to its peers in the industry. Please verify NorthWestern risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if NorthWestern is priced some-what accurately, providing market reflects its recent price of 48.93 per share. Given that NorthWestern has information ratio of (0.05), we recommend you to check NorthWestern's last-minute market performance to make sure the company can sustain itself at a future point.
NorthWestern Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NorthWestern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorthWesternNorthWestern |
NorthWestern Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 55.33 | Buy | 8 | Odds |
Most NorthWestern analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand NorthWestern stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of NorthWestern, talking to its executives and customers, or listening to NorthWestern conference calls.
NorthWestern 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.
NorthWestern Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of NorthWestern volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NorthWestern Trend Analysis
Use this graph to draw trend lines for NorthWestern. You can use it to identify possible trend reversals for NorthWestern as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual NorthWestern price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NorthWestern Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NorthWestern applied against its price change over selected period. The best fit line has a slop of 0.05 , which may imply that NorthWestern will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 94.65, which is the sum of squared deviations for the predicted NorthWestern price change compared to its average price change.About NorthWestern Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of NorthWestern on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of NorthWestern based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NorthWestern price pattern first instead of the macroeconomic environment surrounding NorthWestern. By analyzing NorthWestern's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of NorthWestern's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to NorthWestern specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0435 | 0.0423 | 0.0501 | 0.0314 | Price To Sales Ratio | 2.15 | 2.24 | 2.16 | 2.12 |
NorthWestern April 18, 2024 Technical Indicators
Most technical analysis of NorthWestern help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for NorthWestern from various momentum indicators to cycle indicators. When you analyze NorthWestern charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0015 | |||
| Market Risk Adjusted Performance | (0) | |||
| Mean Deviation | 0.9302 | |||
| Coefficient Of Variation | (16,980) | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.72 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 8.9 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 1.54 | |||
| Skewness | 0.5575 | |||
| Kurtosis | 3.94 |
NorthWestern April 18, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as NorthWestern stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 3,147 | ||
| Daily Balance Of Power | 0.72 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 48.76 | ||
| Day Typical Price | 48.81 | ||
| Price Action Indicator | 0.38 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthWestern. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for NorthWestern Stock analysis
When running NorthWestern's price analysis, check to measure NorthWestern'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 NorthWestern is operating at the current time. Most of NorthWestern's value examination focuses on studying past and present price action to predict the probability of NorthWestern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorthWestern's price. Additionally, you may evaluate how the addition of NorthWestern to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
Is NorthWestern'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 NorthWestern. If investors know NorthWestern 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 NorthWestern 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 0.143 | Dividend Share 2.56 | Earnings Share 3.22 | Revenue Per Share 23.576 | Quarterly Revenue Growth (0.16) |
The market value of NorthWestern is measured differently than its book value, which is the value of NorthWestern that is recorded on the company's balance sheet. Investors also form their own opinion of NorthWestern's value that differs from its market value or its book value, called intrinsic value, which is NorthWestern'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 NorthWestern's market value can be influenced by many factors that don't directly affect NorthWestern'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 NorthWestern's value and its price as these two are different measures arrived at by different means. Investors typically determine if NorthWestern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NorthWestern'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.