Nordic Dividend Paid And Capex Coverage Ratio from 2010 to 2024
| NAT Stock | USD 4.07 0.04 0.97% |
Dividend Paid And Capex Coverage Ratio | First Reported 2010-12-31 | Previous Quarter 8.65419227 | Current Value 9.09 | Quarterly Volatility 4.9086447 |
Check Nordic American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nordic American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 44 M, Interest Expense of 30.5 M or Selling General Administrative of 11.5 M, as well as many indicators such as Price To Sales Ratio of 6.19, Dividend Yield of 0.12 or PTB Ratio of 1.19. Nordic financial statements analysis is a perfect complement when working with Nordic American Valuation or Volatility modules.
Nordic | Dividend Paid And Capex Coverage Ratio |
Latest Nordic American's Dividend Paid And Capex Coverage Ratio Growth Pattern
Below is the plot of the Dividend Paid And Capex Coverage Ratio of Nordic American Tankers over the last few years. It is Nordic American's Dividend Paid And Capex Coverage Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nordic American's overall financial position and show how it may be relating to other accounts over time.
| Dividend Paid And Capex Coverage Ratio | 10 Years Trend |
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Dividend Paid And Capex Coverage Ratio |
| Timeline |
Nordic Dividend Paid And Capex Coverage Ratio Regression Statistics
| Arithmetic Mean | 0.77 | |
| Coefficient Of Variation | 634.99 | |
| Mean Deviation | 3.64 | |
| Median | 0.01 | |
| Standard Deviation | 4.91 | |
| Sample Variance | 24.09 | |
| Range | 19.1408 | |
| R-Value | 0.58 | |
| Mean Square Error | 17.34 | |
| R-Squared | 0.33 | |
| Significance | 0.02 | |
| Slope | 0.63 | |
| Total Sum of Squares | 337.33 |
Nordic Dividend Paid And Capex Coverage Ratio History
About Nordic American Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Nordic American income statement, its balance sheet, and the statement of cash flows. Nordic American investors use historical funamental indicators, such as Nordic American's Dividend Paid And Capex Coverage Ratio, to determine how well the company is positioned to perform in the future. Although Nordic American investors may use each financial statement separately, they are all related. The changes in Nordic American's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nordic American's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Nordic American Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nordic American. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Dividend Paid And Capex Coverage Ratio | 8.65 | 9.09 |
Pair Trading with Nordic American
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nordic American position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nordic American will appreciate offsetting losses from the drop in the long position's value.Moving together with Nordic Stock
| 0.75 | SB | Safe Bulkers Buyout Trend | PairCorr |
The ability to find closely correlated positions to Nordic American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nordic American when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nordic American - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nordic American Tankers to buy it.
The correlation of Nordic American is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nordic American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nordic American Tankers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nordic American can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Nordic Stock Analysis
When running Nordic American's price analysis, check to measure Nordic American'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 Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.