Nordic American Tankers Ltd A snapshot of the present market conditions
| NAT Stock | USD 2.67 0.07 2.69% |
Slightly above 55% of Nordic American's private investors are presently thinking to get in. The current sentiment of investing in Nordic American Tankers suggests that some traders are interested. Nordic American's investing sentiment can be driven by a variety of factors including economic data, Nordic American's earnings reports, geopolitical events, and overall market trends.
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Nordic American Fundamental Analysis
We analyze Nordic American's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nordic American using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nordic American 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.
Revenue
Revenue Comparative Analysis
Nordic American is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Nordic American Tankers Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nordic American stock to make a market-neutral strategy. Peer analysis of Nordic American could also be used in its relative valuation, which is a method of valuing Nordic American by comparing valuation metrics with similar companies.
Peers
Nordic American Related Equities
| OP | Oceanpal | 2.67 | ||||
| GNK | Genco Shipping | 1.76 | ||||
| DAC | Danaos | 1.22 | ||||
| SBLK | Star Bulk | 1.12 | ||||
| GOGL | Golden Ocean | 0.84 | ||||
| GSL | Global Ship | 0.20 | ||||
| CMRE | Costamare | 0.24 | ||||
| EGLE | Global X | 0.38 | ||||
| ESEA | Euroseas | 1.20 | ||||
| DSX | Diana Shipping | 4.67 |
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.