Air New Zealand Stock Today
| ANZFF Stock | USD 0.35 0 1.09% |
Performance0 of 100
| Odds Of DistressLess than 42
|
Air New is trading at 0.3462 as of the 25th of April 2024. This is a -1.09 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.35. Air New has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Air New Zealand are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
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. The company has 3.37 B outstanding shares. More on Air New Zealand
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Air Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Air New's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Air New or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Christopher Luxon |
| Business Concentration | Airlines, Industrials (View all Sectors) |
Air New Zealand [ANZFF] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Air New's market, we take the total number of its shares issued and multiply it by Air New's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Air New Zealand classifies itself under Industrials sector and is part of Airlines industry. The entity has 3.37 B outstanding shares.
Air New Zealand has accumulated about 1.79 B in cash with 550 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationAir New holds a total of 3.37 Billion outstanding shares. Air New Zealand retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Air Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Air New jumping above the current price in 90 days from now is more than 94.0%. The Air New Zealand probability density function shows the probability of Air New pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Air New Zealand has a beta of -0.1461. This suggests as returns on the benchmark increase, returns on holding Air New are expected to decrease at a much lower rate. During a bear market, however, Air New Zealand is likely to outperform the market. Additionally, air New Zealand has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Air New to move above the current price in 90 days from now is more than 94.0 (This Air New Zealand probability density function shows the probability of Air Pink Sheet to fall within a particular range of prices over 90 days) .
Air New Zealand Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Air New market risk premium is the additional return an investor will receive from holding Air New long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Air New. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Air New's alpha and beta are two of the key measurements used to evaluate Air New's performance over the market, the standard measures of volatility play an important role as well.
Air Stock Against Markets
Picking the right benchmark for Air New pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Air New pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Air New is critical whether you are bullish or bearish towards Air New Zealand at a given time. Please also check how Air New's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Air New without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Air New Corporate Directors
Air New corporate directors refer to members of an Air New board of directors. The board of directors generally takes responsibility for the Air New's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Air New's board members must vote for the resolution. The Air New board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Linda Jenkinson | Independent Director | Profile | |
| John Key | Director | Profile | |
| Therese Walsh | Director | Profile | |
| Jonathan Mason | Independent Director | Profile |
How to buy Air Pink Sheet?
Before investing in Air New, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Air New. To buy Air New stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Air New. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Air New stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Air New Zealand stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Air New Zealand stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Air New Zealand, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Air New Zealand?
The danger of trading Air New Zealand is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Air New is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Air New. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Air New Zealand is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air New Zealand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Air New Zealand information on this page should be used as a complementary analysis to other Air New's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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