Northfield Bancorp Stock Alpha and Beta Analysis
| NFBK Stock | USD 9.01 0.14 1.58% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northfield Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northfield Bancorp over a specified time horizon. Remember, high Northfield Bancorp'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 Northfield Bancorp's market risk premium analysis include:
Beta 1.79 | Alpha (0.59) | Risk 2.62 | Sharpe Ratio (0.11) | Expected Return (0.30) |
Enterprise Value |
|
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.
Northfield |
Northfield Bancorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northfield Bancorp market risk premium is the additional return an investor will receive from holding Northfield Bancorp 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 Northfield Bancorp. 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 Northfield Bancorp's performance over market.| α | -0.59 | β | 1.79 |
Northfield Bancorp 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 Northfield Bancorp's Buy-and-hold return. Our buy-and-hold chart shows how Northfield Bancorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northfield Bancorp Market Price Analysis
Market price analysis indicators help investors to evaluate how Northfield Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northfield Bancorp shares will generate the highest return on investment. By understating and applying Northfield Bancorp stock market price indicators, traders can identify Northfield Bancorp position entry and exit signals to maximize returns.
Northfield Bancorp Return and Market Media
The median price of Northfield Bancorp for the period between Sun, Feb 4, 2024 and Sat, May 4, 2024 is 9.69 with a coefficient of variation of 10.16. The daily time series for the period is distributed with a sample standard deviation of 0.99, arithmetic mean of 9.7, and mean deviation of 0.78. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 706 shares by Steven Klein of Northfield Bancorp at 10.67 subject to Rule 16b-3 | 02/16/2024 |
| Northfield Bancorp dividend paid on 21st of February 2024 | 02/21/2024 |
2 | Northfield Bancorp Is Due To Pay A Dividend Of 0.13 - Yahoo Canada Shine On | 03/15/2024 |
3 | Form DEF 14A Northfield Bancorp, Inc. For May 22 - StreetInsider.com | 04/10/2024 |
4 | Citizens Financial Group Q1 Earnings and Revenues Miss Estimates | 04/17/2024 |
5 | Northfield Bancorp, Inc. Announces First Quarter 2024 Results | 04/24/2024 |
6 | Northfield Bancorp GAAP EPS of 0.15, revenue of 31.27M | 04/25/2024 |
7 | Mondays prep sports results | 04/30/2024 |
8 | Wednesdays prep sports results | 05/02/2024 |
About Northfield Bancorp 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 Northfield or other stocks. Alpha measures the amount that position in Northfield 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 | 0.0311 | 0.0332 | 0.0416 | 0.0437 | Price To Sales Ratio | 4.6 | 4.37 | 2.48 | 2.36 |
Northfield Bancorp Upcoming Company Events
As portrayed in its financial statements, the presentation of Northfield Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northfield Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Northfield Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Northfield Bancorp. Please utilize our Beneish M Score to check the likelihood of Northfield Bancorp's management manipulating its earnings.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 24th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd 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 Northfield Bancorp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Northfield Bancorp Backtesting, Northfield Bancorp Valuation, Northfield Bancorp Correlation, Northfield Bancorp Hype Analysis, Northfield Bancorp Volatility, Northfield Bancorp History and analyze Northfield Bancorp Performance. For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.Note that the Northfield Bancorp information on this page should be used as a complementary analysis to other Northfield Bancorp'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 the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Northfield Stock analysis
When running Northfield Bancorp's price analysis, check to measure Northfield Bancorp'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 Northfield Bancorp is operating at the current time. Most of Northfield Bancorp's value examination focuses on studying past and present price action to predict the probability of Northfield Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northfield Bancorp's price. Additionally, you may evaluate how the addition of Northfield Bancorp to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |
Northfield Bancorp 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.