NorthWestern Stock Forecast - Relative Strength Index
| NWE Stock | USD 49.55 0.36 0.72% |
NorthWestern Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NorthWestern stock prices and determine the direction of NorthWestern's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NorthWestern's historical fundamentals, such as revenue growth or operating cash flow patterns. Although NorthWestern's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of NorthWestern's systematic risk associated with finding meaningful patterns of NorthWestern fundamentals over time.
Check out Historical Fundamental Analysis of NorthWestern to cross-verify your projections. NorthWestern |
Open Interest Against 2024-05-17 NorthWestern Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast NorthWestern's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in NorthWestern's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for NorthWestern stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current NorthWestern's open interest, investors have to compare it to NorthWestern's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of NorthWestern is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in NorthWestern. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in NorthWestern cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the NorthWestern's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets NorthWestern's price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 42.48 | 42.48 |
| Check NorthWestern Volatility | Backtest NorthWestern | Information Ratio |
NorthWestern Trading Date Momentum
| On April 28 2024 NorthWestern was traded for 49.55 at the closing time. Highest NorthWestern's price during the trading hours was 50.44 and the lowest price during the day was 48.82 . There was no trading activity during the period 0.0. Lack of trading volume on the 28th of April did not cause price change. The trading delta at closing time to current price is 1.15% . |
| Compare NorthWestern to competition |
Other Forecasting Options for NorthWestern
For every potential investor in NorthWestern, whether a beginner or expert, NorthWestern's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NorthWestern Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NorthWestern. Basic forecasting techniques help filter out the noise by identifying NorthWestern's price trends.NorthWestern Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NorthWestern stock to make a market-neutral strategy. Peer analysis of NorthWestern could also be used in its relative valuation, which is a method of valuing NorthWestern by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NorthWestern Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NorthWestern's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NorthWestern's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NorthWestern Market Strength Events
Market strength indicators help investors to evaluate how NorthWestern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NorthWestern shares will generate the highest return on investment. By undertsting and applying NorthWestern stock market strength indicators, traders can identify NorthWestern entry and exit signals to maximize returns.
NorthWestern Risk Indicators
The analysis of NorthWestern's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NorthWestern's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting northwestern stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8875 | |||
| Semi Deviation | 1.11 | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 | |||
| Downside Variance | 1.48 | |||
| Semi Variance | 1.24 | |||
| Expected Short fall | (0.91) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of NorthWestern to cross-verify your projections. For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.
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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 0.013 | Dividend Share 1.92 | Earnings Share 3.22 | Revenue Per Share 23.773 | Quarterly Revenue Growth 0.046 |
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.