Norwegian Air (Germany) Performance
| NWC Stock | EUR 0.93 0.02 2.11% |
Norwegian Air has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0566, 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. Norwegian Air Shuttle right now secures a risk of 3.29%. Please verify Norwegian Air Shuttle treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if Norwegian Air Shuttle will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Norwegian Air Shuttle are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Norwegian Air 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 | 2.7 B | |
| Total Cashflows From Investing Activities | 222.6 M |
Norwegian |
Norwegian Air Relative Risk vs. Return Landscape
If you would invest 93.00 in Norwegian Air Shuttle on August 28, 2024 and sell it today you would earn a total of 0.00 from holding Norwegian Air Shuttle or generate 0.0% return on investment over 90 days. Norwegian Air Shuttle is currently producing 0.0541% returns and takes up 3.2909% volatility of returns over 90 trading days. Put another way, 29% of traded stocks are less volatile than Norwegian, and 99% 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 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 = 0.0164
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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
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Norwegian Air is performing at about 1% 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 | 0.27 | |||
| Return On Asset | -0.018 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 1.03 B | |||
| Shares Outstanding | 931.59 M | |||
| Price To Earning | 1.75 X | |||
| Price To Book | 1.65 X | |||
| Price To Sales | 0.07 X | |||
| Revenue | 5.07 B | |||
| EBITDA | 3.69 B | |||
| Cash And Equivalents | 790.84 M | |||
| Cash Per Share | 20.43 X | |||
| Total Debt | 3.98 B | |||
| Book Value Per Share | 4.52 X | |||
| Cash Flow From Operations | 139.1 M | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 18.83 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. The company was founded in 1993 and is headquartered in Brum, Norway. NORWEGIAN AIR operates under Airports Air Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10215 people.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 has some characteristics of a very speculative penny stock | |
| Norwegian Air had very high historical volatility over the last 90 days | |
| Norwegian Air has high likelihood to experience some financial distress in the next 2 years | |
| Norwegian Air Shuttle has accumulated 3.98 B in total debt. Norwegian Air Shuttle has a current ratio of 0.51, 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 Norwegian Air until it has trouble settling it off, either with new capital or with free cash flow. So, Norwegian Air'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 Norwegian Air Shuttle sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Norwegian to invest in growth at high rates of return. When we think about Norwegian Air's use of debt, we should always consider it together with cash and equity. | |
| 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 stock. 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 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.
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