North West Stock Price on July 17, 2024
If you're considering investing in North Stock, it is important to understand the factors that can impact its price. North West has Sharpe Ratio of -0.0354, which conveys that the firm had a -0.0354% return per unit of risk over the last 3 months. North West exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify North West's Standard Deviation of 1.25, mean deviation of 0.9571, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
North Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
North |
Sharpe Ratio = -0.0354
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Estimated Market Risk
1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average North West is not performing at its full potential. However, 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 North West by adding North West to a well-diversified portfolio.
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.
Price Boundaries
North West Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
North West cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
North West December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how North West stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading North West shares will generate the highest return on investment. By undertsting and applying North West stock market strength indicators, traders can identify North West entry and exit signals to maximize returns
North West Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for North West's price direction in advance. Along with the technical and fundamental analysis of North Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of North to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | (0.22) |
Cycle Indicators | ||
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Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Tools for North Stock
When running North West's price analysis, check to measure North West'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 North West is operating at the current time. Most of North West's value examination focuses on studying past and present price action to predict the probability of North West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North West's price. Additionally, you may evaluate how the addition of North West to your portfolios can decrease your overall portfolio volatility.
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