Norwegian Air Financials
| NWARF Stock | USD 1.03 0.07 7.29% |
Norwegian |
Understanding current and past Norwegian Air Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Norwegian Air's financial statements are interrelated, with each one affecting the others. For example, an increase in Norwegian Air's assets may result in an increase in income on the income statement.
Norwegian Air Stock Summary
Norwegian Air competes with Air France-KLM, EasyJet Plc, Norse Atlantic, Air China, and Finnair Oyj. 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.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | NO0010196140 |
| Business Address | OksenOeyveien 3, Fornebu, |
| Sector | Industrials |
| Industry | Airlines |
| Benchmark | Dow Jones Industrial |
| Website | www.norwegian.com |
| Phone | 47 67 59 30 00 |
| Currency | USD - US Dollar |
Norwegian Air Key Financial Ratios
There are many critical financial ratios that Norwegian Air's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Norwegian Air Shuttle reports annually and quarterly.| Return On Equity | 0.33 | |||
| Return On Asset | -0.0447 | |||
| Target Price | 0.33 | |||
| Beta | 1.05 |
Norwegian Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norwegian Air's current stock value. Our valuation model uses many indicators to compare Norwegian Air value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norwegian Air competition to find correlations between indicators driving Norwegian Air's intrinsic value. More Info.Norwegian Air Shuttle is considered to be number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Norwegian Air's earnings, one of the primary drivers of an investment's value.Norwegian Air Shuttle Systematic Risk
Norwegian Air's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Norwegian Air volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Norwegian Air Shuttle correlated with the market. If Beta is less than 0 Norwegian Air generally moves in the opposite direction as compared to the market. If Norwegian Air Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Norwegian Air Shuttle is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Norwegian Air is generally in the same direction as the market. If Beta > 1 Norwegian Air moves generally in the same direction as, but more than the movement of the benchmark.
Norwegian Air Thematic Clasifications
Norwegian Air Shuttle is part of Air investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Air services and air delivery. Companies specializing in air services and air delivery
This theme covers Air services and air delivery. Companies specializing in air services and air delivery. Get More Thematic Ideas
| Air | View |
Norwegian Air November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Norwegian Air help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Norwegian Air Shuttle. We use our internally-developed statistical techniques to arrive at the intrinsic value of Norwegian Air Shuttle based on widely used predictive technical indicators. In general, we focus on analyzing Norwegian Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Norwegian Air's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.97 | |||
| Information Ratio | 0.0521 | |||
| Maximum Drawdown | 38.03 | |||
| Value At Risk | (9.40) | |||
| Potential Upside | 14.94 |
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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