Norwegian Cruise Line Stock Alpha and Beta Analysis
| NCLH Stock | USD 26.86 0.10 0.37% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Norwegian Cruise Line. It also helps investors analyze the systematic and unsystematic risks associated with investing in Norwegian Cruise over a specified time horizon. Remember, high Norwegian Cruise'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 Norwegian Cruise's market risk premium analysis include:
Beta 1.86 | Alpha 0.57 | Risk 2.63 | Sharpe Ratio 0.25 | Expected Return 0.65 |
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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.
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Norwegian Cruise Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Norwegian Cruise market risk premium is the additional return an investor will receive from holding Norwegian Cruise 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 Norwegian Cruise. 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 Norwegian Cruise's performance over market.| α | 0.57 | β | 1.86 |
Norwegian Cruise 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 Norwegian Cruise's Buy-and-hold return. Our buy-and-hold chart shows how Norwegian Cruise performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Norwegian Cruise Market Price Analysis
Market price analysis indicators help investors to evaluate how Norwegian Cruise stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Norwegian Cruise shares will generate the highest return on investment. By understating and applying Norwegian Cruise stock market price indicators, traders can identify Norwegian Cruise position entry and exit signals to maximize returns.
Norwegian Cruise Return and Market Media
The median price of Norwegian Cruise for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 23.02 with a coefficient of variation of 15.47. The daily time series for the period is distributed with a sample standard deviation of 3.42, arithmetic mean of 22.13, and mean deviation of 3.04. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 25000 shares by Harry Sommer of Norwegian Cruise at 18.0943 subject to Rule 16b-3 | 10/11/2024 |
2 | Norwegian Cruise Line Holdings Q3 2024 Earnings Preview | 10/30/2024 |
3 | Insider Selling Norwegian Cruise Line Holdings Ltd CEO Harry Sommer Sells 100,000 Shares | 11/06/2024 |
4 | Insider Selling Norwegian Cruise Line Holdings Ltd. Insider Sells 805,040.00 in Stock | 11/11/2024 |
5 | OCEANIA CRUISES ANNOUNCES BEST-EVER BLACK FRIDAY SALE | 11/14/2024 |
6 | Camping World Expands Reach With Seven Lazydays Dealership Acquisition | 11/18/2024 |
7 | NORWEGIAN CRUISE LINE NAMES AWARD-WINNING ACTOR, ERIC STONESTREET, AS GODFATHER TO ITS NEWEST SHIP, NORWEGIAN AQUA | 11/20/2024 |
8 | Norwegian Cruise Line Holdings Ltd. is Attracting Investor Attention Here is What You Should Know | 11/21/2024 |
9 | Goldman Sachs Norwegian Cruise Line Holdings Ltd. Is A Top Growth Investor Stock | 11/22/2024 |
About Norwegian Cruise 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 Norwegian or other stocks. Alpha measures the amount that position in Norwegian Cruise Line 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) | Days Sales Outstanding | 657.62 | 24.59 | 11.96 | 11.37 | PTB Ratio | 3.12 | 74.91 | 28.28 | 29.69 |
Norwegian Cruise Upcoming Company Events
As portrayed in its financial statements, the presentation of Norwegian Cruise's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Norwegian Cruise's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Norwegian Cruise's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Norwegian Cruise. Please utilize our Beneish M Score to check the likelihood of Norwegian Cruise's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Norwegian Cruise
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Check out Norwegian Cruise Backtesting, Norwegian Cruise Valuation, Norwegian Cruise Correlation, Norwegian Cruise Hype Analysis, Norwegian Cruise Volatility, Norwegian Cruise History and analyze Norwegian Cruise Performance. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Norwegian Cruise 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.