Norwegian Air Shut Stock Beta

NWC Stock   0.96  0.01  1.05%   
NORWEGIAN AIR SHUT fundamentals help investors to digest information that contributes to NORWEGIAN AIR's financial success or failures. It also enables traders to predict the movement of NORWEGIAN Stock. The fundamental analysis module provides a way to measure NORWEGIAN AIR's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NORWEGIAN AIR stock.
  
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NORWEGIAN AIR SHUT Company Beta Analysis

NORWEGIAN AIR's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, NORWEGIAN AIR SHUT has a Beta of 0.0. This indicator is about the same for the Other average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).

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NORWEGIAN Fundamentals

About NORWEGIAN AIR Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NORWEGIAN AIR SHUT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NORWEGIAN AIR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NORWEGIAN AIR SHUT based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for NORWEGIAN Stock Analysis

When running NORWEGIAN AIR's price analysis, check to measure NORWEGIAN AIR'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 NORWEGIAN AIR is operating at the current time. Most of NORWEGIAN AIR's value examination focuses on studying past and present price action to predict the probability of NORWEGIAN AIR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NORWEGIAN AIR's price. Additionally, you may evaluate how the addition of NORWEGIAN AIR to your portfolios can decrease your overall portfolio volatility.