Air New (Australia) Price on August 1, 2023
| AIZ Stock | 0.51 0.01 2.00% |
Below is the normalized historical share price chart for Air New Zealand extending back to October 31, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Air New stands at 0.51, as last reported on the 30th of November, with the highest price reaching 0.51 and the lowest price hitting 0.50 during the day.
If you're considering investing in Air Stock, it is important to understand the factors that can impact its price. Currently, Air New Zealand is dangerous. Air New Zealand secures Sharpe Ratio (or Efficiency) of 0.0303, which signifies that the company had a 0.0303% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Air New Zealand, which you can use to evaluate the volatility of the firm. Please confirm Air New's Risk Adjusted Performance of 0.0269, downside deviation of 2.42, and Mean Deviation of 0.7349 to double-check if the risk estimate we provide is consistent with the expected return of 0.0384%.
Common Stock Shares Outstanding is likely to gain to about 3.5 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.8 B in 2024. . Air Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.5076 | 50 Day MA 0.4851 | Beta 1.48 |
Air |
Sharpe Ratio = 0.0303
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Air New is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Air New by adding it to a well-diversified portfolio.
Price Book 0.933 | Enterprise Value Ebitda 4.664 | Price Sales 0.2519 | Shares Float 1.6 B | Dividend Share 0.035 |
Air New Valuation on August 1, 2023
It is possible to determine the worth of Air New on a given historical date. On August 1, 2023 Air was worth 0.64 at the beginning of the trading date compared to the closed value of 0.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Air New stock. Still, in general, we apply an absolute valuation method to find Air New's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Air New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Air New's related companies.
| Open | High | Low | Close | Volume | |
| 0.64 | 0.64 | 0.63 | 0.63 | 1,141,844 | |
08/01/2023 | 0.64 | 0.64 | 0.63 | 0.63 | 196,762 |
| 0.63 | 0.64 | 0.63 | 0.64 | 976,259 |
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Air New Trading Date Momentum on August 1, 2023
| On August 02 2023 Air New Zealand was traded for 0.64 at the closing time. The maximum traded price for the trading interval was 0.64 and the lowest daily price was 0.63 . The daily volume was recorded at 976.3 K. The volume of trading on 2nd of August 2023 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 1.59% . The overall trading delta to the closing price today is 1.59% . |
Air New Zealand Fundamentals Correlations and Trends
By evaluating Air New's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Air New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Air financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Air New Stock history
Air New investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Air is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Air New Zealand will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Air New stock prices may prove useful in developing a viable investing in Air New
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.4 B | 3.5 B | |
| Net Income Applicable To Common Shares | 370.8 M | 389.3 M |
Air New Stock Technical Analysis
Air New 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.
Price Boundaries
Air New Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Air New Zealand cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Air New November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Air New stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Air New shares will generate the highest return on investment. By undertsting and applying Air New stock market strength indicators, traders can identify Air New Zealand entry and exit signals to maximize returns
Air New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Air New's price direction in advance. Along with the technical and fundamental analysis of Air Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Air to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0269 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0745 |
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Additional Tools for Air Stock Analysis
When running Air New's price analysis, check to measure Air New'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 Air New is operating at the current time. Most of Air New's value examination focuses on studying past and present price action to predict the probability of Air New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air New's price. Additionally, you may evaluate how the addition of Air New to your portfolios can decrease your overall portfolio volatility.