Northwestern Stock Alpha and Beta Analysis
| NWE Stock | USD 55.19 0.34 0.62% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NorthWestern. It also helps investors analyze the systematic and unsystematic risks associated with investing in NorthWestern over a specified time horizon. Remember, high NorthWestern's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to NorthWestern's market risk premium analysis include:
Beta 0.7 | Alpha 0.008731 | Risk 1.07 | Sharpe Ratio 0.0687 | Expected Return 0.0735 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
NorthWestern |
NorthWestern Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NorthWestern market risk premium is the additional return an investor will receive from holding NorthWestern long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NorthWestern. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate NorthWestern's performance over market.| α | 0.01 | β | 0.70 |
NorthWestern expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of NorthWestern's Buy-and-hold return. Our buy-and-hold chart shows how NorthWestern performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NorthWestern Market Price Analysis
Market price analysis indicators help investors to evaluate how NorthWestern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NorthWestern shares will generate the highest return on investment. By understating and applying NorthWestern stock market price indicators, traders can identify NorthWestern position entry and exit signals to maximize returns.
NorthWestern Return and Market Media
The median price of NorthWestern for the period between Mon, Aug 19, 2024 and Sun, Nov 17, 2024 is 54.81 with a coefficient of variation of 2.69. The daily time series for the period is distributed with a sample standard deviation of 1.47, arithmetic mean of 54.8, and mean deviation of 1.25. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Crystal Lail of 2774 shares of NorthWestern subject to Rule 16b-3 | 09/06/2024 |
2 | Acquisition by Crystal Lail of 2631 shares of NorthWestern subject to Rule 16b-3 | 09/19/2024 |
3 | Northwestern Pritzker Law receives nearly 5 million to benefit advocacy programs - The National Jurist | 09/25/2024 |
| NorthWestern dividend paid on 30th of September 2024 | 09/30/2024 |
4 | Acquisition by Mahvash Yazdi of 688 shares of NorthWestern at 57.22 subject to Rule 16b-3 | 10/01/2024 |
5 | Acquisition by Larson Kent T of 688 shares of NorthWestern at 57.22 subject to Rule 16b-3 | 10/02/2024 |
6 | Acquisition by Jan Horsfall of 2750 shares of NorthWestern at 59.34 subject to Rule 16b-3 | 10/04/2024 |
7 | WEC Energy Group and NorthWestern Energy earn top marks in E Sources 2024 Utility Business Customer Satisfaction Study | 10/08/2024 |
8 | NorthWestern Energy Group Inc Q2 2024 Earnings Call Highlights Strong Financial ... | 10/09/2024 |
9 | NorthWestern Energy Group Given New 61.00 Price Target at Wells Fargo Company | 10/16/2024 |
10 | NorthWestern Energy Group Inc Stock Price Down 3.29 percent on Oct 29 | 10/29/2024 |
11 | NorthWestern Energy Group Inc Reports Q3 2024 EPS of 0.76, Revenue at 345. ... | 10/30/2024 |
12 | Acquisition by Jeffrey Yingling of 688 shares of NorthWestern at 53.46 subject to Rule 16b-3 | 11/01/2024 |
13 | 3 Utility Stocks For Safe Dividends | 11/13/2024 |
About NorthWestern Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including NorthWestern or other stocks. Alpha measures the amount that position in NorthWestern has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0435 | 0.0423 | 0.0499 | 0.0314 | Price To Sales Ratio | 2.15 | 2.24 | 2.17 | 2.12 |
NorthWestern Upcoming Company Events
As portrayed in its financial statements, the presentation of NorthWestern's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NorthWestern's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of NorthWestern's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of NorthWestern. Please utilize our Beneish M Score to check the likelihood of NorthWestern's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with NorthWestern
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out NorthWestern Backtesting, NorthWestern Valuation, NorthWestern Correlation, NorthWestern Hype Analysis, NorthWestern Volatility, NorthWestern History and analyze NorthWestern Performance. For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
NorthWestern 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.