Norse Atlantic Financials
| NRSAF Stock | USD 0.34 0.04 13.33% |
With this module, you can analyze Norse financials for your investing period. You should be able to track the changes in Norse Atlantic individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Norse |
Understanding current and past Norse Atlantic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Norse Atlantic's financial statements are interrelated, with each one affecting the others. For example, an increase in Norse Atlantic's assets may result in an increase in income on the income statement.
The data published in Norse Atlantic's official financial statements typically reflect Norse Atlantic's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Norse Atlantic's quantitative information. For example, before you start analyzing numbers published by Norse accountants, it's essential to understand Norse Atlantic's liquidity, profitability, and earnings quality within the context of the Industrials space in which it operates.
Norse Atlantic Stock Summary
Norse Atlantic competes with Finnair Oyj, EasyJet Plc, Air New, Air China, and Air France-KLM. It focuses on serving various destinations between Europe and the United States, including New York, Florida, Paris, London, and Oslo. The company was founded in 2021 and is headquartered in Arendal, Norway. Norse Atlantic is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| Business Address | Flyveien 14, Arendal, |
| Sector | Industrials |
| Industry | Airlines |
| Benchmark | Dow Jones Industrial |
| Website | www.flynorse.com |
| Currency | USD - US Dollar |
Norse Atlantic Key Financial Ratios
There are many critical financial ratios that Norse Atlantic's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Norse Atlantic ASA reports annually and quarterly.Norse Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norse Atlantic's current stock value. Our valuation model uses many indicators to compare Norse Atlantic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norse Atlantic competition to find correlations between indicators driving Norse Atlantic's intrinsic value. More Info.Norse Atlantic ASA is rated below average in operating margin category among its peers. It also is rated below average in shares outstanding category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Norse Atlantic's earnings, one of the primary drivers of an investment's value.Norse Atlantic ASA Systematic Risk
Norse Atlantic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Norse Atlantic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Norse Atlantic ASA correlated with the market. If Beta is less than 0 Norse Atlantic generally moves in the opposite direction as compared to the market. If Norse Atlantic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Norse Atlantic ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Norse Atlantic is generally in the same direction as the market. If Beta > 1 Norse Atlantic moves generally in the same direction as, but more than the movement of the benchmark.
Norse Atlantic November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Norse Atlantic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Norse Atlantic ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Norse Atlantic ASA based on widely used predictive technical indicators. In general, we focus on analyzing Norse OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Norse Atlantic's daily price indicators and compare them against related drivers.
| Downside Deviation | 10.96 | |||
| Information Ratio | 0.0834 | |||
| Maximum Drawdown | 50.0 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 13.33 |
Complementary Tools for Norse OTC Stock analysis
When running Norse Atlantic's price analysis, check to measure Norse Atlantic'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 Norse Atlantic is operating at the current time. Most of Norse Atlantic's value examination focuses on studying past and present price action to predict the probability of Norse Atlantic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norse Atlantic's price. Additionally, you may evaluate how the addition of Norse Atlantic to your portfolios can decrease your overall portfolio volatility.
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