Northrop Stock Technical Analysis

NOC
 Stock
  

USD 463.70  7.46  1.64%   

As of the 26th of June, Northrop Grumman secures the Downside Deviation of 1.54, mean deviation of 1.24, and Risk Adjusted Performance of 0.0677. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northrop Grumman Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Northrop Grumman, which can be compared to its peers in the industry. Please verify Northrop Grumman Corp information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Northrop Grumman Corp is priced some-what accurately, providing market reflects its recent price of 463.7 per share. Given that Northrop Grumman Corp has jensen alpha of 0.1409, we recommend you to check Northrop Grumman's last-minute market performance to make sure the company can sustain itself at a future point.
  
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Northrop Grumman Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Northrop, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Northrop
Northrop Grumman's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Northrop Grumman Analyst Consensus

Target PriceAdvice# of Analysts
398.91Buy11Odds
Northrop Grumman Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Northrop analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Northrop stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Northrop Grumman Corp, talking to its executives and customers, or listening to Northrop conference calls.
Northrop Analyst Advice Details
Northrop Grumman 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 Northrop Grumman technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northrop Grumman 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...

Northrop Grumman Corp Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Northrop Grumman Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Northrop Grumman Corp Trend Analysis

Use this graph to draw trend lines for Northrop Grumman Corp. You can use it to identify possible trend reversals for Northrop Grumman as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Northrop Grumman price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Northrop Grumman Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Northrop Grumman Corp applied against its price change over selected period. The best fit line has a slop of   0.19  , which may imply that Northrop Grumman Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1362.8, which is the sum of squared deviations for the predicted Northrop Grumman price change compared to its average price change.

About Northrop Grumman Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Northrop Grumman Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Northrop Grumman Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Northrop Grumman Corp stock first instead of the macroeconomic environment surrounding Northrop Grumman Corp. By analyzing Northrop Grumman's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Northrop Grumman's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Northrop Grumman specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity1.451.350.990.96
Interest Coverage7.526.856.69.34

Northrop Grumman June 26, 2022 Technical Indicators

Most technical analysis of Northrop help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Northrop from various momentum indicators to cycle indicators. When you analyze Northrop charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Additionally, see Stocks Correlation. Note that the Northrop Grumman Corp information on this page should be used as a complementary analysis to other Northrop Grumman's 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Northrop Stock analysis

When running Northrop Grumman Corp price analysis, check to measure Northrop Grumman's 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 Northrop Grumman is operating at the current time. Most of Northrop Grumman's value examination focuses on studying past and present price action to predict the probability of Northrop Grumman's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Northrop Grumman's price. Additionally, you may evaluate how the addition of Northrop Grumman to your portfolios can decrease your overall portfolio volatility.
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Is Northrop Grumman's 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 Northrop Grumman. If investors know Northrop 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 Northrop Grumman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.55
Market Capitalization
72.1 B
Quarterly Revenue Growth YOY
-0.039
Return On Assets
0.11
Return On Equity
0.48
The market value of Northrop Grumman Corp is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman's 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 Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman's 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 Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine Northrop Grumman value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman'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.