Norwegian Cruise Line Stock Market Value
| NCLH Stock | USD 26.86 0.10 0.37% |
| Symbol | Norwegian |
Norwegian Cruise Line Price To Book Ratio
Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Norwegian Cruise. If investors know Norwegian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Norwegian Cruise listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.34 | Earnings Share 1.14 | Revenue Per Share 21.674 | Quarterly Revenue Growth 0.107 | Return On Assets 0.044 |
The market value of Norwegian Cruise Line is measured differently than its book value, which is the value of Norwegian that is recorded on the company's balance sheet. Investors also form their own opinion of Norwegian Cruise's value that differs from its market value or its book value, called intrinsic value, which is Norwegian Cruise's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Norwegian Cruise's market value can be influenced by many factors that don't directly affect Norwegian Cruise's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Norwegian Cruise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norwegian Cruise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norwegian Cruise's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Norwegian Cruise 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Norwegian Cruise's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Norwegian Cruise.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Norwegian Cruise on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Norwegian Cruise Line or generate 0.0% return on investment in Norwegian Cruise over 720 days. Norwegian Cruise is related to or competes with Carnival, Airbnb, Expedia, Booking Holdings, Royal Caribbean, and TripAdvisor. Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Euro... More
Norwegian Cruise Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Norwegian Cruise's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Norwegian Cruise Line upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.2433 | |||
| Maximum Drawdown | 13.47 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 6.29 |
Norwegian Cruise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norwegian Cruise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Norwegian Cruise's standard deviation. In reality, there are many statistical measures that can use Norwegian Cruise historical prices to predict the future Norwegian Cruise's volatility.| Risk Adjusted Performance | 0.2302 | |||
| Jensen Alpha | 0.5669 | |||
| Total Risk Alpha | 0.3573 | |||
| Sortino Ratio | 0.4253 | |||
| Treynor Ratio | 0.4254 |
Norwegian Cruise Line Backtested Returns
Norwegian Cruise appears to be very steady, given 3 months investment horizon. Norwegian Cruise Line has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of risk over the last 3 months. By analyzing Norwegian Cruise's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please exercise Norwegian Cruise's Mean Deviation of 2.11, risk adjusted performance of 0.2302, and Downside Deviation of 1.58 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Norwegian Cruise holds a performance score of 19. The company secures a Beta (Market Risk) of 1.86, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Norwegian Cruise will likely underperform. Please check Norwegian Cruise's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Norwegian Cruise's current price movements will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Norwegian Cruise Line has poor reverse predictability. Overlapping area represents the amount of predictability between Norwegian Cruise time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Norwegian Cruise Line price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Norwegian Cruise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 8.38 |
Norwegian Cruise Line lagged returns against current returns
Autocorrelation, which is Norwegian Cruise stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Norwegian Cruise's stock expected returns. We can calculate the autocorrelation of Norwegian Cruise returns to help us make a trade decision. For example, suppose you find that Norwegian Cruise has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Norwegian Cruise regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Norwegian Cruise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Norwegian Cruise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Norwegian Cruise stock over time.
Current vs Lagged Prices |
| Timeline |
Norwegian Cruise Lagged Returns
When evaluating Norwegian Cruise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Norwegian Cruise stock have on its future price. Norwegian Cruise autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Norwegian Cruise autocorrelation shows the relationship between Norwegian Cruise stock current value and its past values and can show if there is a momentum factor associated with investing in Norwegian Cruise Line.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Norwegian Cruise Line offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norwegian Cruise's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Norwegian Cruise Line Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norwegian Cruise Line Stock:Check out Norwegian Cruise Correlation, Norwegian Cruise Volatility and Norwegian Cruise Alpha and Beta module to complement your research on Norwegian Cruise. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.