Norse Atlantic Asa Stock Buy Hold or Sell Recommendation
| NRSAF Stock | USD 0.34 0.04 13.33% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Norse Atlantic ASA is 'Sell'. Macroaxis provides Norse Atlantic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NRSAF positions.
Check out Norse Atlantic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Norse and provide practical buy, sell, or hold advice based on investors' constraints. Norse Atlantic ASA. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in nation.
Norse |
Execute Norse Atlantic Buy or Sell Advice
The Norse recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Norse Atlantic ASA. Macroaxis does not own or have any residual interests in Norse Atlantic ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Norse Atlantic's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Norse Atlantic Trading Alerts and Improvement Suggestions
| Norse Atlantic ASA is way too risky over 90 days horizon | |
| Norse Atlantic ASA has some characteristics of a very speculative penny stock | |
| Norse Atlantic ASA appears to be risky and price may revert if volatility continues | |
| Norse Atlantic ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.97 M. Net Loss for the year was (7.84 M) with loss before overhead, payroll, taxes, and interest of (5.48 M). | |
| Norse Atlantic generates negative cash flow from operations |
Norse Atlantic Returns Distribution Density
The distribution of Norse Atlantic's historical returns is an attempt to chart the uncertainty of Norse Atlantic's future price movements. The chart of the probability distribution of Norse Atlantic daily returns describes the distribution of returns around its average expected value. We use Norse Atlantic ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Norse Atlantic returns is essential to provide solid investment advice for Norse Atlantic.
| Mean Return | 0.58 | Value At Risk | -10 | Potential Upside | 13.33 | Standard Deviation | 8.45 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Norse Atlantic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Norse Atlantic Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Norse Atlantic or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Norse Atlantic's price will be affected by overall otc stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Norse otc's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | 1.45 | |
σ | Overall volatility | 8.70 | |
Ir | Information ratio | 0.06 |
Norse Atlantic Volatility Alert
Norse Atlantic ASA is showing large volatility of returns over the selected time horizon. Norse Atlantic ASA is a potential penny stock. Although Norse Atlantic may be in fact a good instrument to invest, many penny otc stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Norse Atlantic ASA. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Norse instrument if you perfectly time your entry and exit. However, remember that penny otcs that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Norse Atlantic Fundamentals Vs Peers
Comparing Norse Atlantic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Norse Atlantic's direct or indirect competition across all of the common fundamentals between Norse Atlantic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Norse Atlantic or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Norse Atlantic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Norse Atlantic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Norse Atlantic to competition |
| Fundamentals | Norse Atlantic | Peer Average |
| Operating Margin | (16.88) % | (5.51) % |
| Shares Outstanding | 206.08 M | 571.82 M |
| Shares Owned By Insiders | 6.39 % | 10.09 % |
| Shares Owned By Institutions | 8.15 % | 39.21 % |
| Price To Sales | 5.58 X | 11.42 X |
| Revenue | 2.97 M | 9.43 B |
| Gross Profit | (5.48 M) | 27.38 B |
| EBITDA | (8.68 M) | 3.9 B |
| Net Income | (7.84 M) | 570.98 M |
| Current Ratio | 57.06 X | 2.16 X |
| Book Value Per Share | 1.35 X | 1.93 K |
| Cash Flow From Operations | (6.78 M) | 971.22 M |
| Earnings Per Share | (0.12) X | 3.12 X |
| Number Of Employees | 62 | 18.84 K |
| Market Capitalization | 71.31 M | 19.03 B |
Norse Atlantic Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Norse . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.13 | |||
| Day Median Price | 0.34 | |||
| Day Typical Price | 0.34 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.04 |
About Norse Atlantic Buy or Sell Advice
When is the right time to buy or sell Norse Atlantic ASA? Buying financial instruments such as Norse OTC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Norse Atlantic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Norse OTC Stock
Norse Atlantic financial ratios help investors to determine whether Norse OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Norse with respect to the benefits of owning Norse Atlantic security.