Air New Zealand Stock Performance
| ANZFF Stock | USD 0.31 0.02 6.90% |
The firm shows a Beta (market volatility) of 1.54, which signifies 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, Air New will likely underperform. At this point, Air New Zealand has a negative expected return of -0.0451%. Please make sure to confirm Air New's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Air New Zealand performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Air New Zealand has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Air New is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 26.6 M | |
| Total Cashflows From Investing Activities | -331 M |
Air |
Air New Relative Risk vs. Return Landscape
If you would invest 33.00 in Air New Zealand on August 28, 2024 and sell it today you would lose (2.00) from holding Air New Zealand or give up 6.06% of portfolio value over 90 days. Air New Zealand is currently producing negative expected returns and takes up 3.2914% volatility of returns over 90 trading days. Put another way, 29% of traded pink sheets are less volatile than Air, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Air New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Air New's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Air New Zealand, and traders can use it to determine the average amount a Air New'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 = -0.0137
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ANZFF |
Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 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 Fundamentals Growth
Air Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Air New, and Air New 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 Air Pink Sheet performance.
| Return On Equity | -0.43 | |||
| Return On Asset | -0.0557 | |||
| Profit Margin | (0.22) % | |||
| Operating Margin | (0.25) % | |||
| Current Valuation | 4.36 B | |||
| Shares Outstanding | 3.37 B | |||
| Price To Earning | 5.55 X | |||
| Price To Book | 1.56 X | |||
| Price To Sales | 0.62 X | |||
| Revenue | 2.73 B | |||
| EBITDA | (48 M) | |||
| Cash And Equivalents | 1.79 B | |||
| Cash Per Share | 0.53 X | |||
| Total Debt | 1.59 B | |||
| Debt To Equity | 2.01 % | |||
| Book Value Per Share | 0.50 X | |||
| Cash Flow From Operations | 550 M | |||
| Earnings Per Share | (0.28) X | |||
| Total Asset | 8.35 B | |||
| Retained Earnings | (120 M) | |||
| Current Asset | 2.34 B | |||
| Current Liabilities | 2.47 B | |||
About Air New Performance
By analyzing Air New's fundamental ratios, stakeholders can gain valuable insights into Air New's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Air New has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Air New has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Air New Zealand performance evaluation
Checking the ongoing alerts about Air New for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Air New Zealand help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Air New Zealand generated a negative expected return over the last 90 days | |
| Air New Zealand has some characteristics of a very speculative penny stock | |
| Air New Zealand has high historical volatility and very poor performance | |
| Air New Zealand has accumulated 1.59 B in total debt with debt to equity ratio (D/E) of 2.01, implying the company greatly relies on financing operations through barrowing. Air New Zealand has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Air New until it has trouble settling it off, either with new capital or with free cash flow. So, Air New's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Air New Zealand sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Air to invest in growth at high rates of return. When we think about Air New's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.73 B. Net Loss for the year was (591 M) with profit before overhead, payroll, taxes, and interest of 410 M. | |
| About 52.0% of Air New shares are held by company insiders |
- Analyzing Air New'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 Air New's stock is overvalued or undervalued compared to its peers.
- Examining Air New'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 Air New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Air New's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Air New's pink sheet. These opinions can provide insight into Air New's potential for growth and whether the stock is currently undervalued or overvalued.
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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