Now Inc Stock Performance

DNOW Stock  USD 15.13  0.22  1.48%   
On a scale of 0 to 100, Now holds a performance score of 5. The company secures a Beta (Market Risk) of 1.21, 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, Now will likely underperform. Please check Now's downside variance, as well as the relationship between the daily balance of power and relative strength index , to make a quick decision on whether Now's current price movements will revert.

Risk-Adjusted Performance

Insignificant

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Now Inc are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain basic indicators, Now showed solid returns over the last few months and may actually be approaching a breakup point. ...more

Actual Historical Performance (%)

One Day Return
2.28
Five Day Return
1.13
Year To Date Return
17.76
Ten Year Return
(26.75)
All Time Return
(49.84)
1
Disposition of 93284 shares by Raymond Chang of Now at 9.9 subject to Rule 16b-3
01/10/2025
2
Q3 Rundown Watsco Vs Other Infrastructure Distributors Stocks
02/04/2025
3
DNOW Reports Fourth Quarter and Full-Year 2024 Results
02/13/2025
4
Q4 2024 DNOW Inc Earnings Call Transcript
02/14/2025
5
International Markets and DNOW A Deep Dive for Investors
02/19/2025
6
Disposition of 11604 shares by Kelly Munson of Now at 17.43 subject to Rule 16b-3
02/21/2025
7
Acquisition by Surratt Fanny R. of 8873 shares of Now subject to Rule 16b-3
02/25/2025
8
Why DNOW Inc. Is Skyrocketing So Far In 2025
02/27/2025
9
Is Acelyrin, Inc. the Best Micro Cap Stock to Buy Now - Yahoo Finance
03/07/2025
10
Heres Why Investors Should Consider Buying RBC Bearings Stock
03/10/2025
Begin Period Cash Flow299 M
  

Now Relative Risk vs. Return Landscape

If you would invest  1,354  in Now Inc on December 18, 2024 and sell it today you would earn a total of  159.00  from holding Now Inc or generate 11.74% return on investment over 90 days. Now Inc is currently generating 0.2427% in daily expected returns and assumes 3.4464% risk (volatility on return distribution) over the 90 days horizon. In different words, 30% of stocks are less volatile than Now, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Now is expected to generate 4.04 times more return on investment than the market. However, the company is 4.04 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.02 per unit of risk.

Now Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Now's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Now Inc, and traders can use it to determine the average amount a Now'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 = 0.0704

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Estimated Market Risk

 3.45
  actual daily
30
70% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Now is performing at about 5% of its full potential. 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 Now by adding it to a well-diversified portfolio.

Now Fundamentals Growth

Now Stock prices reflect investors' perceptions of the future prospects and financial health of Now, and Now 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 Now Stock performance.

About Now Performance

Evaluating Now's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Now 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 Now has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 69.90  98.23 
Return On Tangible Assets 0.06  0.06 
Return On Capital Employed 0.10  0.10 
Return On Assets 0.05  0.05 
Return On Equity 0.07  0.08 

Things to note about Now Inc performance evaluation

Checking the ongoing alerts about Now for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Now Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Now Inc had very high historical volatility over the last 90 days
Now Inc is unlikely to experience financial distress in the next 2 years
Now Inc has a strong financial position based on the latest SEC filings
Over 98.0% of the company shares are held by institutions such as insurance companies
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Evaluating Now's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Now's stock performance include:
  • Analyzing Now'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 Now's stock is overvalued or undervalued compared to its peers.
  • Examining Now'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 Now's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Now's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Now's stock. These opinions can provide insight into Now's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Now's stock performance is not an exact science, and many factors can impact Now'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.

Additional Tools for Now Stock Analysis

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