Northrop Story

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NOC -- USA Stock  

USD 303.18  4.40  1.47%

Northrop Grumman is generating 0.0319% of daily returns assuming volatility of 1.4669% on return distribution over 90 days investment horizon. While many risk-averse investors are getting carried away by overanalyzing industrials space, it is reasonable to go over Northrop Grumman. We will go over odds for Northrop Grumman to generate above-average margins in two-three weeks.
Published over a month ago
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Is Northrop Grumman (NYSE:NOC) low volatility a good sign for investors?
Northrop Grumman has roughly 4.99 B in cash with 5.17 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 29.96.
Volatility is a rate at which the price of Northrop Grumman or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Northrop Grumman may increase or decrease. In other words, similar to Northrop's beta indicator, it measures the risk of Northrop Grumman and helps estimate the fluctuations that may happen in a short period of time. So if prices of Northrop Grumman fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Northrop Grumman's Liquidity

Northrop Grumman financial leverage refers to using borrowed capital as a funding source to finance Northrop Grumman Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Northrop Grumman financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Northrop Grumman's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Northrop Grumman, but it might be worth checking our own buy vs. sell analysis

Northrop Grumman Volatility Drivers

Northrop Grumman unsystematic risk is unique to Northrop Grumman Corp and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Northrop Grumman you can also buy Embraer-Empresa Brasileira DE. You can also mitigate this risk by investing in the aerospace & defense sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Northrop Grumman important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Northrop Grumman income statement and balance sheet. Here are more details about Northrop volatility.
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