Norwegian Air Shuttle Stock Performance
| NWARF Stock | USD 1.03 0.07 7.29% |
On a scale of 0 to 100, Norwegian Air holds a performance score of 4. The company secures a Beta (Market Risk) of 0.19, which conveys not very significant fluctuations relative to the market. 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. Please check Norwegian Air's rate of daily change, period momentum indicator, as well as the relationship between the expected short fall and value at risk , to make a quick decision on whether Norwegian Air's current price movements will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Norwegian Air Shuttle are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Norwegian Air reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.7 B | |
| Total Cashflows From Investing Activities | 222.6 M |
Norwegian |
Norwegian Air Relative Risk vs. Return Landscape
If you would invest 94.00 in Norwegian Air Shuttle on August 30, 2024 and sell it today you would earn a total of 9.00 from holding Norwegian Air Shuttle or generate 9.57% return on investment over 90 days. Norwegian Air Shuttle is currently producing 0.3828% returns and takes up 7.1545% volatility of returns over 90 trading days. Put another way, 63% of traded pink sheets are less volatile than Norwegian, and 93% of all traded equity instruments are likely to generate higher returns 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 pink sheets, 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 = 0.0535
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Estimated Market Risk
| 7.15 actual daily | 63 63% of assets are less volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Norwegian Air is performing at about 4% 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 Pink Sheet 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 Pink Sheet performance.
| Return On Equity | 0.33 | |||
| Return On Asset | -0.0447 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | (0.09) % | |||
| Current Valuation | 1.05 B | |||
| Shares Outstanding | 929.99 M | |||
| Price To Earning | 0.27 X | |||
| Price To Book | 1.58 X | |||
| Price To Sales | 0.07 X | |||
| Revenue | 5.07 B | |||
| EBITDA | 3.69 B | |||
| Cash And Equivalents | 7.54 B | |||
| Cash Per Share | 8.11 X | |||
| Total Debt | 3.98 B | |||
| Debt To Equity | 2.81 % | |||
| Book Value Per Share | 5.22 X | |||
| Cash Flow From Operations | 139.1 M | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 18.83 B | |||
| Current Asset | 5.64 B | |||
| Current Liabilities | 12.68 B | |||
About Norwegian Air Performance
By analyzing Norwegian Air's fundamental ratios, stakeholders can gain valuable insights into Norwegian Air's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Norwegian Air 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 Norwegian Air has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway. Norwegian Air is traded on OTC Exchange in the United States.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. Pink Sheet 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 | |
| Norwegian Air has some characteristics of a very speculative penny stock | |
| About 20.0% of the company outstanding shares are owned by corporate insiders |
- 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 pink sheet. These opinions can provide insight into Norwegian Air's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Norwegian Pink Sheet 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.
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