Northwest Stock Market Value

NWBI
 Stock
  

USD 13.90  0.14  1.00%   

Northwest Bancshares' market value is the price at which a share of Northwest Bancshares stock trades on a public exchange. It measures the collective expectations of Northwest Bancshares investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Northwest Bancshares and determine expected loss or profit from investing in Northwest Bancshares over a given investment horizon. Additionally, see Northwest Bancshares Correlation, Northwest Bancshares Volatility and Northwest Bancshares Alpha and Beta module to complement your research on Northwest Bancshares.
Symbol


Is Northwest Bancshares' industry 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 Northwest Bancshares. If investors know Northwest 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 Northwest Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Northwest Bancshares is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Northwest Bancshares' 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 Northwest Bancshares' market value can be influenced by many factors that don't directly affect Northwest Bancshares' 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 Northwest Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine Northwest Bancshares value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Bancshares' 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.

Northwest Bancshares 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northwest Bancshares' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northwest Bancshares.
0.00
08/27/2022
No Change 0.00  0.0 
In 31 days
09/26/2022
0.00
If you would invest  0.00  in Northwest Bancshares on August 27, 2022 and sell it all today you would earn a total of 0.00 from holding Northwest Bancshares or generate 0.0% return on investment in Northwest Bancshares over 30 days. Northwest Bancshares, Inc. operates as the holding company for Northwest Bank, a state-chartered savings bank that provi... More

Northwest Bancshares Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northwest Bancshares' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northwest Bancshares upside and downside potential and time the market with a certain degree of confidence.

Northwest Bancshares Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Northwest Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northwest Bancshares' standard deviation. In reality, there are many statistical measures that can use Northwest Bancshares historical prices to predict the future Northwest Bancshares' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Northwest Bancshares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Northwest Bancshares in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
12.6713.9515.23
Details
Intrinsic
Valuation
LowReal ValueHigh
13.7014.9816.26
Details
Naive
Forecast
LowNext ValueHigh
13.2214.5015.78
Details
7 Analysts
Consensus
LowTarget PriceHigh
12.0013.6014.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Northwest Bancshares. Your research has to be compared to or analyzed against Northwest Bancshares' peers to derive any actionable benefits. When done correctly, Northwest Bancshares' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Northwest Bancshares.

Northwest Bancshares Backtested Returns

We consider Northwest Bancshares very steady. Northwest Bancshares has Sharpe Ratio of 0.11, which conveys that the firm had 0.11% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Northwest Bancshares, which you can use to evaluate the future volatility of the firm. Please verify Northwest Bancshares Mean Deviation of 1.04, risk adjusted performance of 0.1527, and Downside Deviation of 1.35 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
Northwest Bancshares has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.7451, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Northwest's beta means in this case. As returns on the market increase, Northwest Bancshares returns are expected to increase less than the market. However, during the bear market, the loss on holding Northwest Bancshares will be expected to be smaller as well. Although it is important to respect Northwest Bancshares price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Northwest Bancshares technical indicators, you can presently evaluate if the expected return of 0.14% will be sustainable into the future. Northwest Bancshares right now secures a risk of 1.28%. Please verify Northwest Bancshares expected short fall, and the relationship between the value at risk and daily balance of power to decide if Northwest Bancshares will be following its current price movements.

Auto-correlation

    
  -0.84  

Excellent reverse predictability

Northwest Bancshares has excellent reverse predictability. Overlapping area represents the amount of predictability between Northwest Bancshares time series from 27th of August 2022 to 11th of September 2022 and 11th of September 2022 to 26th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northwest Bancshares price movement. The serial correlation of -0.84 indicates that around 84.0% of current Northwest Bancshares price fluctuation can be explain by its past prices.
Correlation Coefficient-0.84
Spearman Rank Test0.2
Residual Average0.0
Price Variance0.08

Northwest Bancshares lagged returns against current returns

Autocorrelation, which is Northwest Bancshares stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Northwest Bancshares' stock expected returns. We can calculate the autocorrelation of Northwest Bancshares returns to help us make a trade decision. For example, suppose you find that Northwest Bancshares stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Northwest Bancshares regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Northwest Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northwest Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northwest Bancshares stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Northwest Bancshares Lagged Returns

When evaluating Northwest Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northwest Bancshares stock have on its future price. Northwest Bancshares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Northwest Bancshares autocorrelation shows the relationship between Northwest Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in Northwest Bancshares.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Northwest Bancshares without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Piotroski F Score Now

   

Piotroski F Score

Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Northwest Bancshares using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Northwest Bancshares Correlation, Northwest Bancshares Volatility and Northwest Bancshares Alpha and Beta module to complement your research on Northwest Bancshares. Note that the Northwest Bancshares information on this page should be used as a complementary analysis to other Northwest Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Northwest Stock analysis

When running Northwest Bancshares price analysis, check to measure Northwest Bancshares' 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 Northwest Bancshares is operating at the current time. Most of Northwest Bancshares' value examination focuses on studying past and present price action to predict the probability of Northwest Bancshares' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Northwest Bancshares' price. Additionally, you may evaluate how the addition of Northwest Bancshares to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Positions Ratings
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
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Northwest Bancshares technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Northwest Bancshares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northwest Bancshares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...