Norwegian Air (UK) Performance
| 0FGH Stock | 11.25 0.36 3.31% |
Norwegian Air has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Norwegian Air's returns are expected to increase less than the market. However, during the bear market, the loss of holding Norwegian Air is expected to be smaller as well. Norwegian Air Shuttle right now secures a risk of 3.25%. Please verify Norwegian Air Shuttle jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Norwegian Air Shuttle will be following its current price movements.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Norwegian Air Shuttle are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Norwegian Air may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Last Split Factor 0.01:1 | Last Split Date 2020-12-18 |
1 | Norwegian Air Shuttle Sees Strong Passenger Growth - TipRanks | 09/05/2024 |
Norwegian |
Norwegian Air Relative Risk vs. Return Landscape
If you would invest 1,077 in Norwegian Air Shuttle on August 28, 2024 and sell it today you would earn a total of 48.00 from holding Norwegian Air Shuttle or generate 4.46% return on investment over 90 days. Norwegian Air Shuttle is generating 0.122% of daily returns and assumes 3.2486% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than Norwegian, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Norwegian Air Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norwegian Air's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Norwegian Air Shuttle, and traders can use it to determine the average amount a Norwegian Air's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0375
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Estimated Market Risk
| 3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Norwegian Air 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 Norwegian Air by adding it to a well-diversified portfolio.
Norwegian Air Fundamentals Growth
Norwegian Stock prices reflect investors' perceptions of the future prospects and financial health of Norwegian Air, and Norwegian Air fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Norwegian Stock performance.
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.0422 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 14.33 B | ||||
| Revenue | 32.87 B | ||||
| Gross Profit | 1.33 B | ||||
| EBITDA | 3.53 B | ||||
| Net Income | 1.74 B | ||||
| Book Value Per Share | 7.38 X | ||||
| Cash Flow From Operations | 2.43 B | ||||
| Retained Earnings | (25.03 B) |
About Norwegian Air Performance
Assessing Norwegian Air's fundamental ratios provides investors with valuable insights into Norwegian Air's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Norwegian Air is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Norwegian Air is entity of United Kingdom. It is traded as Stock on LSE exchange.Things to note about Norwegian Air Shuttle performance evaluation
Checking the ongoing alerts about Norwegian Air for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Norwegian Air Shuttle help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Norwegian Air had very high historical volatility over the last 90 days | |
| About 19.0% of the company shares are owned by insiders or employees |
- Analyzing Norwegian Air's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Norwegian Air's stock is overvalued or undervalued compared to its peers.
- Examining Norwegian Air's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Norwegian Air's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norwegian Air's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Norwegian Air's stock. These opinions can provide insight into Norwegian Air's potential for growth and whether the stock is currently undervalued or overvalued.
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.