Northwest Bancshares Stock Market Value
| NWBI Stock | USD 14.80 0.04 0.27% |
| Symbol | Northwest |
Northwest Bancshares Price To Book Ratio
Is Regional Banks space 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 Northwest Bancshares. If investors know Northwest 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 Northwest Bancshares 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 (0.16) | Dividend Share 0.8 | Earnings Share 0.76 | Revenue Per Share 3.843 | Quarterly Revenue Growth (0.03) |
The market value of Northwest Bancshares is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Northwest Bancshares' 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 Northwest Bancshares' market value can be influenced by many factors that don't directly affect Northwest Bancshares' 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 Northwest Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northwest Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Bancshares' 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.
Northwest Bancshares 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northwest Bancshares' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northwest Bancshares.
| 09/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Northwest Bancshares on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Northwest Bancshares or generate 0.0% return on investment in Northwest Bancshares over 60 days. Northwest Bancshares is related to or competes with ST Bancorp, CrossFirst Bankshares, Enterprise Financial, First Bancshares,, First Bancorp, First Commonwealth, and Fulton Financial. Northwest Bancshares, Inc. operates as the holding company for Northwest Bank, a state-chartered savings bank that provi... More
Northwest Bancshares Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northwest Bancshares' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northwest Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.0249 | |||
| Maximum Drawdown | 18.24 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.91 |
Northwest Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northwest Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northwest Bancshares' standard deviation. In reality, there are many statistical measures that can use Northwest Bancshares historical prices to predict the future Northwest Bancshares' volatility.| Risk Adjusted Performance | 0.0689 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0349 | |||
| Treynor Ratio | 0.0842 |
Northwest Bancshares Backtested Returns
Northwest Bancshares is not too volatile at the moment. Northwest Bancshares has Sharpe Ratio of 0.073, which conveys that the firm had a 0.073% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northwest Bancshares, which you can use to evaluate the volatility of the firm. Please verify Northwest Bancshares' Risk Adjusted Performance of 0.0689, downside deviation of 1.58, and Mean Deviation of 1.24 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Northwest Bancshares has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 2.03, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Northwest Bancshares will likely underperform. Northwest Bancshares right now secures a risk of 2.26%. Please verify Northwest Bancshares expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Northwest Bancshares will be following its current price movements.
Auto-correlation | 0.38 |
Below average predictability
Northwest Bancshares has below average predictability. Overlapping area represents the amount of predictability between Northwest Bancshares time series from 30th of September 2024 to 30th of October 2024 and 30th of October 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northwest Bancshares price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Northwest Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Northwest Bancshares lagged returns against current returns
Autocorrelation, which is Northwest Bancshares stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Northwest Bancshares' stock expected returns. We can calculate the autocorrelation of Northwest Bancshares returns to help us make a trade decision. For example, suppose you find that Northwest Bancshares has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Northwest Bancshares regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Northwest Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northwest Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northwest Bancshares stock over time.
Current vs Lagged Prices |
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Northwest Bancshares Lagged Returns
When evaluating Northwest Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northwest Bancshares stock have on its future price. Northwest Bancshares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Northwest Bancshares autocorrelation shows the relationship between Northwest Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in Northwest Bancshares.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Northwest Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northwest Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northwest Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northwest Bancshares Stock:Check out Northwest Bancshares Correlation, Northwest Bancshares Volatility and Northwest Bancshares Alpha and Beta module to complement your research on Northwest Bancshares. For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Northwest Bancshares 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.