Northern Stock Future Price Prediction

NOG Stock  USD 30.41  0.58  1.87%   
Northern Oil Gas stock price prediction is an act of determining the future value of Northern Oil shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Northern Oil's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Northern Oil and does not consider all of the tangible or intangible factors available from Northern Oil's fundamental data. We analyze noise-free headlines and recent hype associated with Northern Oil Gas, which may create opportunities for some arbitrage if properly timed.
Check out Northern Oil Basic Forecasting Models to cross-verify your projections.
  
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Northern Oil based on different types of headlines from major news networks to social media. The Northern stock price prediction module provides an analysis of price elasticity to changes in media outlook on Northern Oil over a specific investment horizon.
Quarterly Earnings Growth
(0.22) 
EPS Estimate Next Quarter
1.76
EPS Estimate Current Year
7.72
EPS Estimate Next Year
8.39
Wall Street Target Price
46.58
Using Northern Oil hype-based prediction, you can estimate the value of Northern Oil Gas from the perspective of Northern Oil response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Northern Oil using Northern Oil's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Northern using crowd psychology based on the activity and movement of Northern Oil's stock price.
Northern Oil PPandE Turnover is most likely to increase slightly in the upcoming years. The last year's value of PPandE Turnover was reported at 0.84. The current Inventory Turnover is estimated to increase to 6.75, while Receivables Turnover is projected to decrease to 5.70.

Northern Oil Short Interest

A significant increase or decrease in Northern Oil's short interest from the previous month could be a good indicator of investor sentiment towards Northern. Short interest can provide insight into the potential direction of Northern Oil stock and how bullish or bearish investors feel about the market overall. An investor who is long Northern Oil may also wish to track short interest. As short interest increases, investors should be becoming more worried about Northern Oil and may potentially protect profits, hedge Northern Oil with its derivative instruments, or be ready for some potential downside.
200 Day MA
31.9846
Short Percent
0.1583
Short Ratio
9.78
Shares Short Prior Month
11.4 M
50 Day MA
31.5146

Northern Oil Gas Hype to Price Pattern

Investor biases related to Northern Oil's public news can be used to forecast risks associated with an investment in Northern. The trend in average sentiment can be used to explain how an investor holding Northern can time the market purely based on public headlines and social activities around Northern Oil Gas. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Northern Oil's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Northern Oil.

Northern Oil Implied Volatility

    
  46.96  
Northern Oil's implied volatility exposes the market's sentiment of Northern Oil Gas stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Northern Oil's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Northern Oil stock will not fluctuate a lot when Northern Oil's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Northern Oil. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Northern Oil to buy its stock at a price that has no basis in reality. In that case, they are not buying Northern because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Northern Oil after-hype prediction price

    
  USD 30.41  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Northern contract

Based on the Rule 16, the options market is currently suggesting that Northern Oil Gas will have an average daily up or down price movement of about 2.93% per day over the life of the 2023-06-16 option contract. With Northern Oil trading at USD30.41, that is roughly USD0.89. If you think that the market is fully incorporating Northern Oil's daily price movement you should consider acquiring Northern Oil Gas options at the current volatility level of 46.96%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Northern Oil's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Northern Oil in the context of predictive analytics.
Intrinsic
Valuation
LowRealHigh
27.3738.3841.12
Details
Naive
Forecast
LowNextHigh
28.0630.8033.54
Details
11 Analysts
Consensus
LowTargetHigh
35.0046.2758.00
Details
Earnings
Estimates (9)
LowProjected EPSHigh
1.351.672.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Northern Oil. Your research has to be compared to or analyzed against Northern Oil's peers to derive any actionable benefits. When done correctly, Northern Oil's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Northern Oil Gas.

Northern Oil After-Hype Price Prediction Density Analysis

As far as predicting the price of Northern Oil at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Northern Oil or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Northern Oil, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Northern Oil Estimiated After-Hype Price Volatility

In the context of predicting Northern Oil's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Northern Oil's historical news coverage. Northern Oil's after-hype downside and upside margins for the prediction period are 27.67 and 33.15, respectively. We have considered Northern Oil's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 30.41
30.41
After-hype Price
33.15
Upside
Northern Oil is very steady asset. Analysis and calculation of next after-hype price of Northern Oil Gas is based on 3 months time horizon.

Northern Oil Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Northern Oil is soaring high without any particular reason? This is usually happening because many institutional investors.are aggressively trading Northern Oil backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Northern Oil, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.06  2.74  0.00    0.02  10 Events / Month6 Events / MonthIn about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
30.4130.410.00 
3,914  

Northern Oil Hype Timeline

On the 31st of May Northern Oil Gas is traded for 30.41. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.02. Northern estimated not to react to the next headline with the price going to stay at about the same level and average media hype impact volatility of over 100%. The immediate return on the next newsis estimated to be very small whereas the daily expected return is now at -0.06%. The volatility of relative hype elasticity to Northern Oil is about 716.86%. The volatility of related hype on Northern Oil is about 716.86% with expected price after next announcement by competition of 30.39. About 13.0% of the company outstanding shares are owned by corporate insiders. The book value of Northern Oil was now reported as 12.32. The company has Price/Earnings To Growth (PEG) ratio of 0.08. Northern Oil Gas recorded earning per share (EPS) of 15.8. The entity last dividend was issued on the 28th of June 2023. The firm had 1:10 split on the 21st of September 2020. Considering the 90-day investment horizon the next estimated press release will be in about 10 days.
Check out Northern Oil Basic Forecasting Models to cross-verify your projections.

Northern Oil Related Hype Analysis

Having access to credible news sources related to Northern Oil's direct competition is more important than ever and may enhance your ability to predict Northern Oil's future price movements. Getting to know how Northern Oil rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Northern Oil may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PRPermian Resources(0.23) 10 per month 0.00 (0.0369)  4.79 (5.23)  16.86 
VIVKVivakor(0.01) 4 per month 3.48  0.06  6.96 (6.09)  20.66 
VTLEVital Energy(1.96) 10 per month 0.00 (0.07)  5.41 (4.82)  17.87 
AXPAmerican Express 1.84 6 per month 0.00 (0.0446)  2.76 (3.06)  7.80 
MCDMcDonalds(1.27) 4 per month 0.60  0.24  1.32 (1.25)  3.94 
DDDupont De Nemours(0.48) 8 per month 0.00 (0.0164)  2.03 (2.48)  8.31 
INTCIntel 0.29 1 per month 1.79  0.14  4.00 (2.54)  13.13 
MRKMerck Company(1.20) 4 per month 1.23  0.0404  2.03 (2.66)  6.97 
HPQHP Inc(0.42) 3 per month 1.27  0.10  2.48 (2.26)  6.96 

Northern Oil Additional Predictive Modules

Most predictive techniques to examine Northern price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Northern using various technical indicators. When you analyze Northern charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Northern Oil Predictive Indicators

The successful prediction of Northern Oil stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Northern Oil Gas, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Northern Oil based on analysis of Northern Oil hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Northern Oil's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Northern Oil's related companies.
 2019 2020 2022 2023 (projected)
Long Term Debt to Equity2.03.732.051.74
Interest Coverage0.71.3210.6210.9

Story Coverage note for Northern Oil

The number of cover stories for Northern Oil depends on current market conditions and Northern Oil's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Northern Oil is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Northern Oil's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Northern Oil Short Properties

Northern Oil's future price predictability will typically decrease when Northern Oil's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Northern Oil Gas often depends not only on the future outlook of the potential Northern Oil's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Northern Oil's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding86.7 M
Cash And Short Term Investments2.5 M
Check out Northern Oil Basic Forecasting Models to cross-verify your projections. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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
(0.22) 
Dividend Share
1.08
Earnings Share
15.8
Revenue Per Share
22.337
Quarterly Revenue Growth
(0.07) 
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. Check out Northern Oil Basic Forecasting Models to cross-verify your projections.