Air New Zealand Stock Price on December 5, 2023

ANZFF Stock  USD 0.28  0.03  9.68%   
If you're considering investing in Air Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Air New stands at 0.28, as last reported on the 29th of November, with the highest price reaching 0.28 and the lowest price hitting 0.28 during the day. Air New Zealand secures Sharpe Ratio (or Efficiency) of -0.0863, which signifies that the company had a -0.0863% return per unit of risk over the last 3 months. Air New Zealand exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Air New's Risk Adjusted Performance of (0.04), mean deviation of 1.91, and Standard Deviation of 3.44 to double-check the risk estimate we provide.
  
Air Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0863

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Estimated Market Risk

 3.42
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Air New is not performing at its full potential. However, 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 Air New to a well-diversified portfolio.

Air New Valuation on December 5, 2023

It is possible to determine the worth of Air New on a given historical date. On December 5, 2023 Air was worth 0.37 at the beginning of the trading date compared to the closed value of 0.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Air New pink sheet. 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
  0.36    0.36    0.36    0.36    10,000  
12/05/2023
  0.37    0.37    0.37    0.37    800.00  
  0.38    0.38    0.38    0.38    5,267  
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Open Value
0.37
0.37
Closing Value
10.62
Upside

Air New Trading Date Momentum on December 5, 2023

On December 06 2023 Air New Zealand was traded for  0.38  at the closing time. The highest daily price throughout the period was 0.38  and the lowest price was  0.38 . The daily volume was 5.3 K. The net trading volume on 12/06/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.70% . The overall trading delta to current closing price is 0.00% .

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 Pink Sheet 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
Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. Air New Zealand Limited was incorporated in 1940 and is based in Auckland, New Zealand. AIR NEW operates under Airlines classification in the United States and is traded on OTC Exchange. It employs 8863 people.

Air New Pink Sheet Technical Analysis

Air New technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Air New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Air New trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Air New Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Air New Zealand cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Air New pink sheet 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 pink sheet 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 Pink Sheet 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.

Complementary Tools for Air Pink Sheet 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.
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