The North West Company Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2024 - Marketscreener.com
| NWC Stock | CAD 49.18 0.21 0.43% |
About 54% of North West's investor base is interested to short. The analysis of current outlook of investing in North West suggests that many traders are impartial regarding North West's prospects. North West's investing sentiment overview a quick insight into current market opportunities from investing in North West. Many technical investors use North West stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
North |
The North West Company Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2024 Marketscreener.com
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North West Fundamental Analysis
We analyze North West's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of North West using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of North West based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
North West is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
North West Potential Pair-trading
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 North West stock to make a market-neutral strategy. Peer analysis of North West could also be used in its relative valuation, which is a method of valuing North West by comparing valuation metrics with similar companies.
Peers
North West Related Equities
| ARCH | Arch Biopartners | 1.18 | ||||
| COV | Covalon Technologies | 1.45 | ||||
| BTI | British Amer | 1.63 | ||||
| MPH | Medicure | 8.16 |
Other Information on Investing in North Stock
North West financial ratios help investors to determine whether North Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in North with respect to the benefits of owning North West security.