Northway Financial Stock Beta
Northway Financial fundamentals help investors to digest information that contributes to Northway Financial's financial success or failures. It also enables traders to predict the movement of Northway OTC Stock. The fundamental analysis module provides a way to measure Northway Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northway Financial otc stock.
Northway |
Northway Financial OTC Stock Beta Analysis
Northway Financial's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Northway Financial Beta | 0.54 |
Most of Northway Financial's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northway Financial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, Northway Financial has a Beta of 0.5429. This is 33.79% lower than that of the Banks sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Northway Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northway Financial's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Northway Financial could also be used in its relative valuation, which is a method of valuing Northway Financial by comparing valuation metrics of similar companies.Northway Financial is currently under evaluation in beta category among its peers.
As returns on the market increase, Northway Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northway Financial is expected to be smaller as well.
Northway Fundamentals
| Return On Equity | 0.0324 | |||
| Return On Asset | 0.0021 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 150.43 M | |||
| Shares Outstanding | 2.75 M | |||
| Shares Owned By Institutions | 6.12 % | |||
| Price To Earning | 7.21 X | |||
| Price To Book | 0.67 X | |||
| Price To Sales | 1.70 X | |||
| Revenue | 41.45 M | |||
| Gross Profit | 34.76 M | |||
| Net Income | 9.3 M | |||
| Cash And Equivalents | 26.32 M | |||
| Cash Per Share | 9.56 X | |||
| Total Debt | 20.62 M | |||
| Book Value Per Share | 23.42 X | |||
| Cash Flow From Operations | 9.98 M | |||
| Earnings Per Share | 2.64 X | |||
| Number Of Employees | 23 | |||
| Beta | 0.54 | |||
| Market Capitalization | 63.29 M | |||
| Total Asset | 1.25 B | |||
| Retained Earnings | 57.2 M | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 2.34 % | |||
| Net Asset | 1.25 B | |||
| Last Dividend Paid | 0.7 |
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Northway OTC Stock
If you are still planning to invest in Northway Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Northway Financial's history and understand the potential risks before investing.
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