Northrop Grumman Stock Price on March 13, 2024
| NOC Stock | USD 480.45 7.61 1.56% |
Below is the normalized historical share price chart for Northrop Grumman extending back to December 31, 1981. 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 Northrop Grumman stands at 480.45, as last reported on the 29th of April, with the highest price reaching 488.35 and the lowest price hitting 477.71 during the day.
If you're considering investing in Northrop Stock, it is important to understand the factors that can impact its price. We consider Northrop Grumman very steady. Northrop Grumman has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northrop Grumman, which you can use to evaluate the volatility of the firm. Please verify Northrop Grumman's Downside Deviation of 1.52, risk adjusted performance of 0.0391, and Mean Deviation of 0.7896 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
The current year's Common Stock Shares Outstanding is expected to grow to about 210 M, whereas Total Stockholder Equity is forecasted to decline to about 8.4 B. . At present, Northrop Grumman's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 5.03, whereas Price Earnings To Growth Ratio is projected to grow to (0.57). Northrop Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of December 1981 | 200 Day MA 456.7176 | 50 Day MA 462.0204 | Beta 0.34 |
Northrop |
Sharpe Ratio = 0.1489
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | NOC | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Northrop Grumman 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 Northrop Grumman by adding it to a well-diversified portfolio.
Price Book 4.567 | Enterprise Value Ebitda 18.9494 | Price Sales 1.7197 | Shares Float 139.1 M | Dividend Share 7.48 |
Northrop Grumman Main Headline on 13th of March 2024
Northrop Grumman dividend paid on 13th of March 2024 |
Northrop Grumman Valuation on March 13, 2024
It is possible to determine the worth of Northrop Grumman on a given historical date. On March 13, 2024 Northrop was worth 458.56 at the beginning of the trading date compared to the closed value of 458.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northrop Grumman stock. Still, in general, we apply an absolute valuation method to find Northrop Grumman'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 Northrop Grumman where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northrop Grumman's related companies.
| Open | High | Low | Close | Volume | |
| 456.55 | 460.90 | 454.53 | 458.84 | 1,213,622 | |
03/13/2024 | 458.56 | 462.20 | 458.03 | 458.23 | 698,532 |
| 458.00 | 461.39 | 457.23 | 460.86 | 669,605 |
| Backtest Northrop Grumman | | | Northrop Grumman History | | | Northrop Grumman Valuation | Previous | Next |
Northrop Grumman Trading Date Momentum on March 13, 2024
| On March 14 2024 Northrop Grumman was traded for 460.86 at the closing time. Highest Northrop Grumman's price during the trading hours was 461.39 and the lowest price during the day was 457.23 . The net volume was 669.6 K. The overall trading history on the 14th of March 2024 contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.57% . The trading delta at closing time to current price is 2.86% . |
Northrop Grumman Fundamentals Correlations and Trends
By evaluating Northrop Grumman'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 Northrop Grumman's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northrop financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northrop Grumman Stock history
Northrop Grumman 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 Northrop is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northrop Grumman 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 Northrop Grumman stock prices may prove useful in developing a viable investing in Northrop Grumman
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 152 M | 210 M | |
| Net Income Applicable To Common Shares | 5.6 B | 5.9 B |
Northrop Grumman Quarterly Net Working Capital |
|
Northrop Grumman Stock Technical Analysis
Northrop Grumman 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
Northrop Grumman Period Price Range
Low | March 13, 2024
| High |
458.56 | 458.23 |
Northrop Grumman April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Northrop Grumman stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northrop Grumman shares will generate the highest return on investment. By undertsting and applying Northrop Grumman stock market strength indicators, traders can identify Northrop Grumman entry and exit signals to maximize returns
| Accumulation Distribution | 6302.2 | |||
| Daily Balance Of Power | (0.08) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 460.12 | |||
| Day Typical Price | 459.49 | |||
| Price Action Indicator | (2.05) | |||
| Period Momentum Indicator | 22.22 |
Northrop Grumman Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northrop Grumman's price direction in advance. Along with the technical and fundamental analysis of Northrop Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northrop 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 | 0.0391 | |||
| Jensen Alpha | 0.047 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.4643 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrop Grumman. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Northrop Stock analysis
When running Northrop Grumman's price analysis, check to measure Northrop Grumman'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 Northrop Grumman is operating at the current time. Most of Northrop Grumman's value examination focuses on studying past and present price action to predict the probability of Northrop Grumman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northrop Grumman's price. Additionally, you may evaluate how the addition of Northrop Grumman to your portfolios can decrease your overall portfolio volatility.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
Is Northrop Grumman'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 Northrop Grumman. If investors know Northrop 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 Northrop Grumman 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 0.149 | Dividend Share 7.48 | Earnings Share 14.37 | Revenue Per Share 266.459 | Quarterly Revenue Growth 0.089 |
The market value of Northrop Grumman is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman'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 Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman'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 Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrop Grumman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman'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.