Northwest Pipe Stock Alpha and Beta Analysis

NWPX Stock  USD 41.81  1.48  3.67%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northwest Pipe. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northwest Pipe over a specified time horizon. Remember, high Northwest Pipe'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 Northwest Pipe's market risk premium analysis include:
Beta
1.1
Alpha
(0.36)
Risk
2.48
Sharpe Ratio
(0.14)
Expected Return
(0.36)
Please note that although Northwest Pipe alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Northwest Pipe did 0.36  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Northwest Pipe stock's relative risk over its benchmark. Northwest Pipe has a beta of 1.10  . Northwest Pipe returns are very sensitive to returns on the market. As the market goes up or down, Northwest Pipe is expected to follow. At this time, Northwest Pipe's Book Value Per Share is fairly stable compared to the past year. Enterprise Value is likely to rise to about 146.2 M in 2025, whereas Tangible Book Value Per Share is likely to drop 16.38 in 2025.

Enterprise Value

146.2 Million

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.
  
Check out Northwest Pipe Backtesting, Northwest Pipe Valuation, Northwest Pipe Correlation, Northwest Pipe Hype Analysis, Northwest Pipe Volatility, Northwest Pipe History and analyze Northwest Pipe Performance.
For more information on how to buy Northwest Stock please use our How to Invest in Northwest Pipe guide.

Northwest Pipe Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northwest Pipe market risk premium is the additional return an investor will receive from holding Northwest Pipe 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 Northwest Pipe. 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 Northwest Pipe's performance over market.
α-0.36   β1.10

Northwest Pipe 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 Northwest Pipe's Buy-and-hold return. Our buy-and-hold chart shows how Northwest Pipe performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Northwest Pipe Market Price Analysis

Market price analysis indicators help investors to evaluate how Northwest Pipe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northwest Pipe shares will generate the highest return on investment. By understating and applying Northwest Pipe stock market price indicators, traders can identify Northwest Pipe position entry and exit signals to maximize returns.

Northwest Pipe Return and Market Media

The median price of Northwest Pipe for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 49.09 with a coefficient of variation of 8.12. The daily time series for the period is distributed with a sample standard deviation of 3.94, arithmetic mean of 48.58, and mean deviation of 2.93. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Disposition of 2584 shares by Scott Montross of Northwest Pipe subject to Rule 16b-3
01/15/2025
2
ROKs Q1 Earnings Coming Up Whats in the Offing for the Stock
01/23/2025
3
Benign Growth For Northwest Pipe Company Underpins Its Share Price
02/25/2025
4
Earnings To Watch Northwest Pipe Co Reports Q4 2024 Result
02/26/2025
5
Northwest Pipe Co Q4 2024 Earnings Call Highlights Record Sales and Strategic Growth Plans
02/28/2025
6
Disposition of 9 shares by Michael Wray of Northwest Pipe subject to Rule 16b-3
03/06/2025
7
Disposition of 431 shares by Megan Kendrick of Northwest Pipe at 35.16 subject to Rule 16b-3
03/07/2025
8
Northwest Pipe Company Announces Participation at the Sidoti Virtual Small-Cap Investor Conference on March 19th
03/13/2025

About Northwest Pipe 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 Northwest or other stocks. Alpha measures the amount that position in Northwest Pipe 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.
 2022 2024 (projected)
Days Sales Outstanding154.19126.25
PTB Ratio1.051.28

Northwest Pipe Upcoming Company Events

As portrayed in its financial statements, the presentation of Northwest Pipe's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northwest Pipe's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northwest Pipe's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northwest Pipe. Please utilize our Beneish M Score to check the likelihood of Northwest Pipe's management manipulating its earnings.
20th of March 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

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Additional Tools for Northwest Stock Analysis

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