Nordic American Tankers Stock Alpha and Beta Analysis
| NAT Stock | USD 2.88 0.07 2.37% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nordic American Tankers. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nordic American over a specified time horizon. Remember, high Nordic American'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 Nordic American's market risk premium analysis include:
Beta 0.75 | Alpha (0.39) | Risk 1.72 | Sharpe Ratio (0.18) | Expected Return (0.32) |
Nordic American Quarterly Cash And Equivalents |
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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.
Nordic |
Nordic American Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nordic American market risk premium is the additional return an investor will receive from holding Nordic American 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 Nordic American. 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 Nordic American's performance over market.| α | -0.39 | β | 0.75 |
Nordic American 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 Nordic American's Buy-and-hold return. Our buy-and-hold chart shows how Nordic American performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nordic American Market Price Analysis
Market price analysis indicators help investors to evaluate how Nordic American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nordic American shares will generate the highest return on investment. By understating and applying Nordic American stock market price indicators, traders can identify Nordic American position entry and exit signals to maximize returns.
Nordic American Return and Market Media
The median price of Nordic American for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 3.5 with a coefficient of variation of 7.51. The daily time series for the period is distributed with a sample standard deviation of 0.26, arithmetic mean of 3.4, and mean deviation of 0.22. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Century Park Capital Partners Welcomes Nat Bacon as Principal | 09/16/2024 |
2 | Do Options Traders Know Something About Nordic American Tankers Stock We Dont | 10/02/2024 |
3 | Nordic American Tankers Limited Shares Sold by SeaCrest Wealth Management LLC | 10/16/2024 |
4 | Nordic American Tankers Ltd Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares | 10/22/2024 |
5 | Genco Shipping Trading Meets Q3 Earnings Estimates | 11/06/2024 |
6 | Nordic American Tankers Hits New 1-Year Low Whats Next | 11/12/2024 |
7 | Nordic American Tankers Ltd -- Announces Results of its 2024 Annual General Meeting ... | 11/25/2024 |
| Nordic American dividend paid on 26th of November 2024 | 11/26/2024 |
About Nordic American 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 Nordic or other stocks. Alpha measures the amount that position in Nordic American Tankers 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 | 0.0353 | 0.0367 | 0.1 | 0.12 | Price To Sales Ratio | 1.4 | 1.82 | 2.24 | 2.13 |
Nordic American Upcoming Company Events
As portrayed in its financial statements, the presentation of Nordic American's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nordic American's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nordic American's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nordic American. Please utilize our Beneish M Score to check the likelihood of Nordic American's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 27th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Nordic Stock Analysis
When running Nordic American's price analysis, check to measure Nordic American'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 Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.