First Northwest Bancorp Stock Alpha and Beta Analysis
| FNWB Stock | USD 11.07 0.13 1.16% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as First Northwest Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in First Northwest over a specified time horizon. Remember, high First Northwest's 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. Key technical indicators related to First Northwest's market risk premium analysis include:
Beta 2.14 | Alpha (0.51) | Risk 2.8 | Sharpe Ratio (0.17) | Expected Return (0.46) |
Enterprise Value |
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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.
First |
First Northwest Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. First Northwest market risk premium is the additional return an investor will receive from holding First Northwest 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 First Northwest. 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 First Northwest's performance over market.| α | -0.51 | β | 2.14 |
First Northwest 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 First Northwest's Buy-and-hold return. Our buy-and-hold chart shows how First Northwest performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.First Northwest Market Price Analysis
Market price analysis indicators help investors to evaluate how First Northwest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Northwest shares will generate the highest return on investment. By understating and applying First Northwest stock market price indicators, traders can identify First Northwest position entry and exit signals to maximize returns.
First Northwest Return and Market Media
The median price of First Northwest for the period between Mon, Feb 26, 2024 and Sun, May 26, 2024 is 14.9 with a coefficient of variation of 17.6. The daily time series for the period is distributed with a sample standard deviation of 2.33, arithmetic mean of 13.25, and mean deviation of 2.27. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 3100 shares by Terry Anderson of First Northwest at 15.72 subject to Rule 16b-3 | 03/06/2024 |
2 | Disposition of 805 shares by Christopher Riffle of First Northwest at 15.69 subject to Rule 16b-3 | 03/07/2024 |
3 | Acquisition by Christopher Riffle of 2659 shares of First Northwest at 15.75 subject to Rule 16b-3 | 03/08/2024 |
4 | Acquisition by Jennifer Zaccardo of 1476 shares of First Northwest at 15.75 subject to Rule 16b-3 | 03/18/2024 |
5 | First Northwest Bancorp Short Interest Up 5.4 percent in February - Defense World | 03/20/2024 |
6 | Disposition of tradable shares by Edelstein David Benjamin of First Northwest subject to Rule 16b-3 | 03/25/2024 |
7 | Disposition of tradable shares by Brennan Sean Patrick of First Northwest subject to Rule 16b-3 | 03/26/2024 |
8 | First Northwest Bancorp ReportsFirstQuarter 2024Financial Results | 04/25/2024 |
9 | Acquisition by Matthew Deines of 3600 shares of First Northwest at 10.75 subject to Rule 16b-3 | 04/30/2024 |
10 | First Northwest Bancorp director buys 24,991 in stock | 05/01/2024 |
11 | Acquisition by Anderson Terry A of 2210 shares of First Northwest at 15.75 subject to Rule 16b-3 | 05/03/2024 |
12 | Disposition of 604 shares by Neros Christopher Wade of First Northwest at 10.61 subject to Rule 16b-3 | 05/07/2024 |
13 | Acquisition by Behar Dana D. of 80000 shares of First Northwest at 10.5 subject to Rule 16b-3 | 05/10/2024 |
| First Northwest dividend paid on 24th of May 2024 | 05/24/2024 |
About First Northwest 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 financial instruments including First or other stocks. Alpha measures the amount that position in First Northwest Bancorp 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0137 | 0.02 | 0.019 | 0.0104 | Price To Sales Ratio | 2.5 | 1.74 | 1.35 | 1.29 |
First Northwest Upcoming Company Events
As portrayed in its financial statements, the presentation of First Northwest's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Northwest's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of First Northwest's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of First Northwest. Please utilize our Beneish M Score to check the likelihood of First Northwest's management manipulating its earnings.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with First Northwest
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Align your risk with return expectations
Check out First Northwest Backtesting, First Northwest Valuation, First Northwest Correlation, First Northwest Hype Analysis, First Northwest Volatility, First Northwest History and analyze First Northwest Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running First Northwest's price analysis, check to measure First Northwest'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 First Northwest is operating at the current time. Most of First Northwest's value examination focuses on studying past and present price action to predict the probability of First Northwest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Northwest's price. Additionally, you may evaluate how the addition of First Northwest to your portfolios can decrease your overall portfolio volatility.
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First Northwest 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.