Nok Airlines (Germany) Performance
| N5A Stock | 0.03 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nok Airlines are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Nok Airlines PCL has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Nok Airlines is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 1.4 B | |
| Free Cash Flow | -62.3 M |
Nok |
Nok Airlines Relative Risk vs. Return Landscape
If you would invest 2.50 in Nok Airlines PCL on March 4, 2024 and sell it today you would earn a total of 0.00 from holding Nok Airlines PCL or generate 0.0% return on investment over 90 days. Nok Airlines PCL is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of stocks are less volatile than Nok, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nok Airlines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nok Airlines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nok Airlines PCL, and traders can use it to determine the average amount a Nok Airlines' 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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| N5A |
Based on monthly moving average Nok Airlines 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 Nok Airlines by adding Nok Airlines to a well-diversified portfolio.
Nok Airlines Fundamentals Growth
Nok Stock prices reflect investors' perceptions of the future prospects and financial health of Nok Airlines, and Nok Airlines 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 Nok Stock performance.
| Current Valuation | 416.42 M | |||
| Price To Sales | 0.23 X | |||
| Revenue | 2.2 B | |||
| EBITDA | 1.04 B | |||
| Total Debt | 2.77 B | |||
| Cash Flow From Operations | (47.97 M) | |||
| Total Asset | 12.25 B | |||
About Nok Airlines Performance
To evaluate Nok Airlines PCL Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nok Airlines generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Nok Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Nok Airlines PCL market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nok's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Things to note about Nok Airlines PCL performance evaluation
Checking the ongoing alerts about Nok Airlines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nok Airlines PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nok Airlines PCL generated a negative expected return over the last 90 days | |
| Nok Airlines PCL has some characteristics of a very speculative penny stock | |
| Nok Airlines PCL has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.2 B. Net Loss for the year was (1.44 B) with loss before overhead, payroll, taxes, and interest of (1.39 B). | |
| Nok Airlines generates negative cash flow from operations |
- Analyzing Nok Airlines' 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 Nok Airlines' stock is overvalued or undervalued compared to its peers.
- Examining Nok Airlines' 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 Nok Airlines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nok Airlines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nok Airlines' stock. These opinions can provide insight into Nok Airlines' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nok Airlines PCL. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. 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 Nok Stock analysis
When running Nok Airlines' price analysis, check to measure Nok Airlines' 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 Nok Airlines is operating at the current time. Most of Nok Airlines' value examination focuses on studying past and present price action to predict the probability of Nok Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nok Airlines' price. Additionally, you may evaluate how the addition of Nok Airlines to your portfolios can decrease your overall portfolio volatility.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |