Nordic Sale Purchase Of Stock from 2010 to 2024
| NAT Stock | USD 4.26 0.01 0.24% |
Sale Purchase Of Stock | First Reported 2005-03-31 | Previous Quarter 8.4 M | Current Value 49.1 M | Quarterly Volatility 56.8 M |
Check Nordic American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nordic 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 exotic 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 | Sale Purchase Of Stock |
Latest Nordic American's Sale Purchase Of Stock Growth Pattern
Below is the plot of the Sale Purchase Of Stock of Nordic American Tankers over the last few years. It is Nordic American's Sale Purchase Of Stock 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.
| Sale Purchase Of Stock | 10 Years Trend |
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Sale Purchase Of Stock |
| Timeline |
Nordic Sale Purchase Of Stock Regression Statistics
| Arithmetic Mean | 113,317,370 | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | 90.20 | |
| Mean Deviation | 78,031,522 | |
| Median | 103,748,000 | |
| Standard Deviation | 102,216,369 | |
| Sample Variance | 10448.2T | |
| Range | 327.1M | |
| R-Value | (0.38) | |
| Mean Square Error | 9634.3T | |
| R-Squared | 0.14 | |
| Significance | 0.16 | |
| Slope | (8,666,223) | |
| Total Sum of Squares | 146274.6T |
Nordic Sale Purchase Of Stock 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 Sale Purchase Of Stock, 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 | ||
| Sale Purchase Of Stock | 44.2 M | 42 M |
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.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.Check out the analysis of Nordic American Correlation against competitors. Note that the Nordic American Tankers information on this page should be used as a complementary analysis to other Nordic American'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary 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.
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Is Nordic American's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordic American. If investors know Nordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordic American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.52) | Dividend Share 0.46 | Earnings Share 0.47 | Revenue Per Share 1.876 | Quarterly Revenue Growth (0.22) |
The market value of Nordic American Tankers is measured differently than its book value, which is the value of Nordic that is recorded on the company's balance sheet. Investors also form their own opinion of Nordic American's value that differs from its market value or its book value, called intrinsic value, which is Nordic American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordic American's market value can be influenced by many factors that don't directly affect Nordic American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordic American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordic American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.