Northwest Stock Alpha and Beta Analysis


USD 12.82  0.01  0.08%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northwest Bancshares. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northwest Bancshares over a specified time horizon. Remember, high Northwest Bancshares' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, see Northwest Bancshares Backtesting, Northwest Bancshares Valuation, Northwest Bancshares Correlation, Northwest Bancshares Hype Analysis, Northwest Bancshares Volatility, Northwest Bancshares History and analyze Northwest Bancshares Performance.
Please note that although Northwest Bancshares alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Northwest Bancshares did 0.029833  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Northwest Bancshares stock's relative risk over its benchmark. Northwest Bancshares has a beta of 0.53  . 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.
Northwest Bancshares Enterprise Value over EBIT is most likely to drop in the upcoming years. The last year's value of Enterprise Value over EBIT was reported at 13.50. The current Enterprise Value over EBITDA is estimated to increase to 13.98, while Book Value per Share is projected to decrease to 14.53.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

2.32 Billion


Northwest Bancshares Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northwest Bancshares market risk premium is the additional return an investor will receive from holding Northwest Bancshares long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Northwest Bancshares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Northwest Bancshares' performance over market.
α0.029833   β0.53
90 days against DJI

Northwest Bancshares expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Northwest Bancshares' Buy-and-hold return. Our buy-and-hold chart shows how Northwest Bancshares performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Northwest Bancshares Market Price Analysis

Market price analysis indicators help investors to evaluate how Northwest Bancshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northwest Bancshares shares will generate the highest return on investment. By understating and applying Northwest Bancshares stock market price indicators, traders can identify Northwest Bancshares position entry and exit signals to maximize returns.

Northwest Bancshares Return and Market Media

The median price of Northwest Bancshares for the period between Wed, Mar 30, 2022 and Tue, Jun 28, 2022 is 12.7 with a coefficient of variation of 2.97. The daily time series for the period is distributed with a sample standard deviation of 0.38, arithmetic mean of 12.74, and mean deviation of 0.3. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
EPS Estimate03/31/2022
ServisFirst Bancshares Bank Charleston Announces New Board M...04/13/2022
The Goldman Sachs Group Increases Union Pacific Price Target...04/21/2022
EPS Reported04/25/2022
Northwest Bancshares exotic insider transaction detected04/26/2022
Boenning Scattergood Analysts Cut Earnings Estimates for Nor...04/27/2022
Northwest Bancshares exotic insider transaction detected05/04/2022
Purchase by Timothy Hunter of 10000 shares of Northwest Banc...05/05/2022
Northwest Bancshares exotic insider transaction detected05/10/2022
Northwest Bancshares exotic insider transaction detected05/20/2022
Exercise or conversion by Andzelik Ronald B of 8160 shares o...05/24/2022
Northwest Bancshares exotic insider transaction detected05/31/2022
Northwest Bancshares exotic insider transaction detected06/02/2022
Sale by Kane Kyle P of 179 shares of Northwest Bancshares06/07/2022
Insider Selling First Financial Northwest, Inc. CFO Sells 24...06/13/2022

About Northwest Bancshares Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Northwest Bancshares has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2020 2021 2022 (projected)
PPandE Turnover3.553.663.533.16
Calculated Tax Rate21.7419.123.2727.68

Northwest Bancshares Upcoming Company Events

As portrayed in its financial statements, the presentation of Northwest Bancshares' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northwest Bancshares' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northwest Bancshares' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northwest Bancshares. Please utilize our Beneish M Score to check the likelihood of Northwest Bancshares' management manipulating its earnings.
Upcoming Quarterly Report24th of January 2022
Next Financial Report25th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End24th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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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 Backtesting, Northwest Bancshares Valuation, Northwest Bancshares Correlation, Northwest Bancshares Hype Analysis, Northwest Bancshares Volatility, Northwest Bancshares History and analyze Northwest Bancshares Performance. 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.
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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...