| NWC Stock | | | CAD 49.68 0.18 0.36% |
Based on North West's profitability indicators, North West may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess North West's ability to earn profits and add value for shareholders. At this time, North West's
Price To Sales Ratio is very stable compared to the past year. As of the 29th of December 2024,
Days Sales Outstanding is likely to grow to 25.95, while
Operating Cash Flow Sales Ratio is likely to drop 0.06. At this time, North West's
Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 29th of December 2024,
Income Before Tax is likely to grow to about 185.7
M, while
Operating Income is likely to drop about 99.1
M.
For North West profitability analysis, we use financial ratios and fundamental drivers that measure the ability of North West to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well North West utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between North West's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of North West over time as well as its relative position and ranking within its peers.
Check out
Correlation Analysis.
Please note, there is a significant difference between North West's value and its price as these two are different measures arrived at by different means. Investors typically determine if North West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North West's 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.
North West Return On Asset vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining North West's current stock value. Our valuation model uses many indicators to compare North West value to that of its competitors to determine the firm's financial worth.
North West is considered to be number one stock in shares owned by institutions category among its peers. It also is considered to be number one stock in return on asset category among its peers . The ratio of Shares Owned By Institutions to Return On Asset for North West is about
408.63 . As of the 29th of December 2024,
Return On Assets is likely to drop to 0.07. Comparative valuation analysis is a catch-all model that can be used if you cannot value North West by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for North West's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
North Return On Asset vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
North West | Shares Held by Institutions | = | Funds and Banks | + | Firms |
| = | 35.51 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
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 | Return On Asset | = | Net IncomeTotal Assets |
| = | 0.0869 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
North Return On Asset Comparison
North West is currently under evaluation in return on asset category among its peers.
North West Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in North West, profitability is also one of the essential criteria for including it into their portfolios because, without profit, North West will eventually generate negative long term returns. The profitability progress is the general direction of North West's change in net profit over the period of time. It can combine
multiple indicators of North West, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
North Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on North West. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of North West position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the North West's important profitability drivers and their relationship over time.
Use North West in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if North West position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in North West will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to North West could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North West when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back North West - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling North West to buy it.
The correlation of North West is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as North West moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North West moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for North West can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Use Investing Themes to Complement your North West position
In addition to having North West in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can
partner with us for reliable portfolio optimization as you plan to utilize
Hybrid Mix Funds Theme or any other
thematic opportunities.
Other Information on Investing in North Stock
To fully project North West's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of North West at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include North West's income statement, its balance sheet, and the statement of cash flows.
Potential North West investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although North West investors may work on each financial statement separately, they are all related. The changes in North West's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on North West's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
