Northern Oil Gas Stock Price on October 11, 2022
| NOG Stock | USD 42.35 0.29 0.68% |
Below is the normalized historical share price chart for Northern Oil Gas extending back to January 10, 2007. 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 Northern Oil stands at 42.35, as last reported on the 16th of April 2024, with the highest price reaching 43.10 and the lowest price hitting 42.30 during the day.
If you're considering investing in Northern Stock, it is important to understand the factors that can impact its price. Northern Oil appears to be very steady, given 3 months investment horizon. Northern Oil Gas has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northern Oil, which you can use to evaluate the volatility of the firm. Please exercise Northern Oil's Mean Deviation of 1.16, risk adjusted performance of 0.1254, and Downside Deviation of 1.78 to check out if our risk estimates are consistent with your expectations.
At this time, Northern Oil's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years. The Northern Oil's current Other Stockholder Equity is estimated to increase to about 2.2 B, while Sale Purchase Of Stock is forecasted to increase to (7.6 M). . At this time, Northern Oil's Price To Operating Cash Flows Ratio is most likely to increase significantly in the upcoming years. The Northern Oil's current Price To Book Ratio is estimated to increase to 1.74, while Price Earnings To Growth Ratio is projected to decrease to 0.39. Northern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of April 2007 | 200 Day MA 37.7728 | 50 Day MA 36.9874 | Beta 1.884 |
Northern |
Sharpe Ratio = 0.2498
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Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Northern Oil is performing at about 19% 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 Northern Oil by adding it to a well-diversified portfolio.
Price Book 2.1041 | Enterprise Value Ebitda 3.7819 | Price Sales 2.4664 | Shares Float 93.5 M | Dividend Share 1.49 |
Northern Oil Valuation on October 11, 2022
It is possible to determine the worth of Northern Oil on a given historical date. On October 11, 2022 Northern was worth 29.05 at the beginning of the trading date compared to the closed value of 28.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Oil stock. Still, in general, we apply an absolute valuation method to find Northern Oil'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 Northern Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Oil's related companies.
| Open | High | Low | Close | Volume | |
| 32.87 | 33.64 | 30.82 | 30.82 | 815,041 | |
10/11/2022 | 29.05 | 30.89 | 28.00 | 28.00 | 6,492,128 |
| 29.40 | 31.21 | 29.31 | 29.32 | 9,736,048 |
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Northern Oil Trading Date Momentum on October 11, 2022
| On October 12 2022 Northern Oil Gas was traded for 29.32 at the closing time. Highest Northern Oil's price during the trading hours was 31.21 and the lowest price during the day was 29.31 . The net volume was 9.7 M. The overall trading history on the 12th of October 2022 contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 4.71% . The trading delta at closing time to current price is 22.75% . |
Northern Oil Gas Fundamentals Correlations and Trends
By evaluating Northern Oil'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 Northern Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northern Oil Stock history
Northern Oil 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 Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Oil Gas 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 Northern Oil stock prices may prove useful in developing a viable investing in Northern Oil
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 92.1 M | 96.7 M | |
| Net Income Applicable To Common Shares | 654.9 M | 687.7 M |
Northern Oil Stock Technical Analysis
Northern Oil 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
Northern Oil Period Price Range
Low | October 11, 2022
| High |
29.05 | 28.00 |
Northern Oil April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Oil shares will generate the highest return on investment. By undertsting and applying Northern Oil stock market strength indicators, traders can identify Northern Oil Gas entry and exit signals to maximize returns
| Accumulation Distribution | 607389.0 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 29.45 | |||
| Day Typical Price | 28.96 | |||
| Price Action Indicator | (1.97) | |||
| Period Momentum Indicator | 14.35 |
Northern Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Oil's price direction in advance. Along with the technical and fundamental analysis of Northern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern 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 | 0.1254 | |||
| Jensen Alpha | 0.2334 | |||
| Total Risk Alpha | 0.1571 | |||
| Sortino Ratio | 0.133 | |||
| Treynor Ratio | 0.2728 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. 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. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running Northern Oil's price analysis, check to measure Northern Oil'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 Northern Oil is operating at the current time. Most of Northern Oil's value examination focuses on studying past and present price action to predict the probability of Northern Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Oil's price. Additionally, you may evaluate how the addition of Northern Oil to your portfolios can decrease your overall portfolio volatility.
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Is Northern Oil'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 Northern Oil. If investors know Northern 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 Northern Oil 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 1.379 | Dividend Share 1.49 | Earnings Share 10.03 | Revenue Per Share 19.095 | Quarterly Revenue Growth 0.226 |
The market value of Northern Oil Gas is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Oil's value that differs from its market value or its book value, called intrinsic value, which is Northern Oil'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 Northern Oil's market value can be influenced by many factors that don't directly affect Northern Oil'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 Northern Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Oil'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.