National Grid Plc Stock Performance

NGG Stock  USD 61.28  1.08  1.73%   
The company secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, National Grid's returns are expected to increase less than the market. However, during the bear market, the loss of holding National Grid is expected to be smaller as well. At this point, National Grid PLC has a negative expected return of -0.15%. Please make sure to verify National Grid's kurtosis, as well as the relationship between the day median price and relative strength index , to decide if National Grid PLC performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days National Grid PLC has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unfluctuating performance, the Stock's technical and fundamental indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more

Actual Historical Performance (%)

One Day Return
(0.69)
Five Day Return
(2.72)
Year To Date Return
(8.68)
Ten Year Return
(21.64)
All Time Return
30.68
Forward Dividend Yield
0.0563
Payout Ratio
1.4175
Last Split Factor
916:1000
Forward Dividend Rate
3.51
Dividend Date
2025-01-14
1
Brothers leave for college, both in shock over dads text about bills
10/14/2024
2
Pylons are only the beginning warn protesters
10/28/2024
3
National Grid plc is favoured by institutional owners who hold 73 percent of the company
11/07/2024
4
Gas boilers to be banned in new homes by 2027
11/11/2024
5
National Grid Has Announced That Its Dividend Will Be Reduced To 0.1584
11/12/2024
6
Drax Explores Options to Sell Biomass Power to UK Data Center
11/13/2024
7
UK Approves 2.5 Billion Funding for Power Link to North Sea Wind Farms
11/15/2024
8
Is National Grid the Most Profitable Renewable Energy Stock Now
11/19/2024
9
Snow brings day of disruption across Devon
11/21/2024
10
Icon Wealth Advisors LLC Grows Stock Position in National Grid plc
11/22/2024
11
Waltham Police Selling Paul Tracey Memorial es
12/04/2024
Begin Period Cash Flow163 M
  

National Grid Relative Risk vs. Return Landscape

If you would invest  6,767  in National Grid PLC on September 7, 2024 and sell it today you would lose (639.00) from holding National Grid PLC or give up 9.44% of portfolio value over 90 days. National Grid PLC is generating negative expected returns assuming volatility of 1.0289% on return distribution over 90 days investment horizon. In other words, 9% of stocks are less volatile than National, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
       Risk  
Considering the 90-day investment horizon National Grid is expected to under-perform the market. In addition to that, the company is 1.42 times more volatile than its market benchmark. It trades about -0.15 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.2 per unit of volatility.

National Grid Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for National Grid's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as National Grid PLC, and traders can use it to determine the average amount a National Grid's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1454

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Estimated Market Risk

 1.03
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average National Grid is not performing at its full potential. However, 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 National Grid by adding National Grid to a well-diversified portfolio.

National Grid Fundamentals Growth

National Stock prices reflect investors' perceptions of the future prospects and financial health of National Grid, and National Grid fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on National Stock performance.

About National Grid Performance

By analyzing National Grid's fundamental ratios, stakeholders can gain valuable insights into National Grid's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if National Grid has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if National Grid has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 50.31  30.57 
Return On Tangible Assets 0.03  0.03 
Return On Capital Employed 0.05  0.05 
Return On Assets 0.02  0.02 
Return On Equity 0.08  0.07 

Things to note about National Grid PLC performance evaluation

Checking the ongoing alerts about National Grid for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for National Grid PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
National Grid PLC generated a negative expected return over the last 90 days
National Grid PLC has 47.07 B in debt with debt to equity (D/E) ratio of 1.95, which is OK given its current industry classification. National Grid PLC has a current ratio of 0.72, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for National to invest in growth at high rates of return.
Latest headline from patch.com: Waltham Police Selling Paul Tracey Memorial es
Evaluating National Grid's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate National Grid's stock performance include:
  • Analyzing National Grid's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether National Grid's stock is overvalued or undervalued compared to its peers.
  • Examining National Grid's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating National Grid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of National Grid's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of National Grid's stock. These opinions can provide insight into National Grid's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating National Grid's stock performance is not an exact science, and many factors can impact National Grid's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for National Stock analysis

When running National Grid's price analysis, check to measure National Grid'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 National Grid is operating at the current time. Most of National Grid's value examination focuses on studying past and present price action to predict the probability of National Grid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Grid's price. Additionally, you may evaluate how the addition of National Grid to your portfolios can decrease your overall portfolio volatility.
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