Northern Technologies Stock Forecast - Day Median Price

NTIC Stock  USD 13.62  0.09  0.66%   
Northern Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Northern Technologies stock prices and determine the direction of Northern Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Northern Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Northern Technologies' Payables Turnover is projected to drop slightly based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 4.70, whereas Fixed Asset Turnover is forecasted to decline to 0. . The current year's Net Income Applicable To Common Shares is expected to grow to about 7.6 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 9.3 M.
On December 3, 2024 Northern Technologies had Day Median Price of 13.38. Median Price is the statistical median of an asset price for a given trading period.
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Northern Technologies Trading Date Momentum

On December 04 2024 Northern Technologies was traded for  13.39  at the closing time. The top price for the day was 13.45  and the lowest listed price was  12.90 . The trading volume for the day was 13.5 K. The trading history from December 4, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 2.76% . The trading delta at closing time against the current closing price is 7.44% .
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Northern Technologies

For every potential investor in Northern, whether a beginner or expert, Northern Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Northern Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Northern. Basic forecasting techniques help filter out the noise by identifying Northern Technologies' price trends.

Northern Technologies Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Northern Technologies stock to make a market-neutral strategy. Peer analysis of Northern Technologies could also be used in its relative valuation, which is a method of valuing Northern Technologies by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Northern Technologies Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Northern Technologies' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Northern Technologies' current price.

Northern Technologies Market Strength Events

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

Northern Technologies Risk Indicators

The analysis of Northern Technologies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Northern Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting northern stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Northern Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Technologies' 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 Northern Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Technologies Stock:
Check out Historical Fundamental Analysis of Northern Technologies to cross-verify your projections.
For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Specialty Chemicals 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 Northern Technologies. If investors know Northern 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 Northern Technologies 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
(0.09)
Earnings Share
0.55
Revenue Per Share
8.752
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0079
The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' 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 Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' 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 Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' 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.