Northern Story

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NTIC -- USA Stock  

USD 14.30  0.30  2.14%

Given the investment horizon of 60 days Northern Technologies is expected to generate 2.34 times more return on investment than the market. However, the company is 2.34 times more volatile than its market benchmark. It trades about 0.2 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of risk. While some risk-loving traders are indifferent towards current market volatility, it is reasonable to go over the risk of investing in Northern Technologies Internati. We will go over odds for Northern Technologies to generate above-average margins in two-three weeks. Northern Technologies' low volatility may still impact the value of the stock as we estimate it as currently undervalued. The real value, based on our analysis, is getting close to 13.50 per share.
Published over two weeks ago
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Is Northern Technologies (NASDAQ:NTIC) a good hedge for your existing portfolios?
The entity currently holds 658.79 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest Northern Technologies is not taking enough advantage from borrowing. The firm has a current ratio of 5.34, suggesting that it is liquid enough and is able to pay its financial obligations when due.
Volatility is a rate at which the price of Northern Technologies 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 Northern Technologies may increase or decrease. In other words, similar to Northern's beta indicator, it measures the risk of Northern Technologies and helps estimate the fluctuations that may happen in a short period of time. So if prices of Northern Technologies 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 Northern Technologies's Liquidity

Northern Technologies financial leverage refers to using borrowed capital as a funding source to finance Northern Technologies Internati ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Northern Technologies 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 Northern Technologies's total debt and its cash.

How Northern utilizes its cash?

To perform a cash flow analysis of Northern Technologies, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Northern Technologies is receiving and how much cash it distributes out in a given period. The Northern Technologies cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Northern Technologies Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 5.65 Million

Northern Technologies Volatility Drivers

Northern Technologies unsystematic risk is unique to Northern Technologies 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 Northern Technologies you can also buy Core Molding. You can also mitigate this risk by investing in the specialty chemicals 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 Northern Technologies 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 Northern Technologies income statement and balance sheet. Here are more details about Northern volatility.
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