Northway Financial Return On Asset vs. Profit Margin
| NWYFDelisted Stock | USD 19.15 0.00 0.00% |
For Northway Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northway Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northway Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northway Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northway Financial over time as well as its relative position and ranking within its peers.
Northway |
Northway Financial Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northway Financial's current stock value. Our valuation model uses many indicators to compare Northway Financial value to that of its competitors to determine the firm's financial worth. Northway Financial is rated below average in return on asset category among its peers. It also is rated below average in profit margin category among its peers fabricating about 36.67 of Profit Margin per Return On Asset. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Northway Financial's earnings, one of the primary drivers of an investment's value.Northway Profit Margin vs. Return On Asset
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.
Northway Financial |
| = | 0.0021 |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Northway Financial |
| = | 0.08 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Northway Profit Margin Comparison
Northway Financial is currently under evaluation in profit margin category among its peers.
Northway Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northway Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northway Financial will eventually generate negative long term returns. The profitability progress is the general direction of Northway Financial's change in net profit over the period of time. It can combine multiple indicators of Northway Financial, 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.
Northway Financial, Inc. operates as the bank holding company for Northway Bank, a commercial bank that provides a range of financial products and services in the United States. The company was founded in 1997 and is headquartered in North Conway, New Hampshire. Northway Finl operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Northway Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northway Financial. 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 Northway Financial 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 Northway Financial's important profitability drivers and their relationship over time.
Use Northway Financial 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 Northway Financial 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 Northway Financial will appreciate offsetting losses from the drop in the long position's value.Northway Financial Pair Trading
Northway Financial Pair Trading Analysis
The ability to find closely correlated positions to Northway Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northway Financial 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 Northway Financial - 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 Northway Financial to buy it.
The correlation of Northway Financial 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 Northway Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northway Financial 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 Northway Financial 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 Northway Financial position
In addition to having Northway Financial 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.Did You Try This Idea?
Run Single Stock ETFs Thematic Idea Now
Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 100 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 Single Stock ETFs Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Other Consideration for investing in Northway OTC Stock
If you are still planning to invest in Northway Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Northway Financial's history and understand the potential risks before investing.
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