Nordic Stock Buy Hold or Sell Recommendation

NAT
 Stock
  

USD 3.61  0.14  4.03%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Nordic American Tanker is 'Cautious Hold'. Macroaxis provides Nordic American buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NAT positions. The advice algorithm takes into account all of Nordic American's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Nordic American's buy-and-hold perspective. Additionally, see Nordic American Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Nordic and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Nordic American Tanker.

Execute Nordic American Buy or Sell Advice

The Nordic recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nordic American Tanker. Macroaxis does not own or have any residual interests in Nordic American Tanker or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nordic American's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Nordic AmericanBuy Nordic American
Cautious Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Reporting Quality (M-Score)

Details
For the selected time horizon Nordic American Tanker has a Mean Deviation of 3.6, Semi Deviation of 4.71, Standard Deviation of 4.75, Variance of 22.6, Downside Variance of 28.15 and Semi Variance of 22.17
We provide investment recommendation to complement the last-minute expert consensus on Nordic American Tanker. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure Nordic American Tanker is not overpriced, please verify all Nordic American Tanker fundamentals, including its gross profit, short ratio, current liabilities, as well as the relationship between the total debt and market capitalization . Given that Nordic American Tanker has a price to earning of 10.36 X, we recommend you to check Nordic American market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Nordic American Trading Alerts and Improvement Suggestions

Nordic American appears to be risky and price may revert if volatility continues
The company reported the last year's revenue of 214.86 M. Reported Net Loss for the year was (148.55 M) with loss before taxes, overhead, and interest of (4.86 M).
Nordic American Tanker has about 35.57 M in cash with (37.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
On 12th of October 2022 Nordic American paid $ 0.03 per share dividend to its current shareholders
Latest headline from news.google.com: Nordic American Tankers Is Paying Out A Larger Dividend Than Last Year - Yahoo Finance

Nordic American Returns Distribution Density

The distribution of Nordic American's historical returns is an attempt to chart the uncertainty of Nordic American's future price movements. The chart of the probability distribution of Nordic American stock daily returns describes the distribution of returns around its average expected value. We use Nordic American Tanker price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nordic American returns is essential to provide solid investment advice for Nordic American.
Mean Return0.52Value At Risk-6.46
Potential Upside6.45Standard Deviation4.75
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nordic American historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Nordic Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Nordic American is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nordic American Tanker backward and forwards among themselves. Nordic American's institutional investor refers to the entity that pools money to purchase Nordic American's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zenit Asset Management AbCommon Shares250 K2.4 M
Zacks Investment ManagementCommon Shares20.1 K81 K
Xtx Topco LtdCommon Shares26.6 K57 K
Xtx Topco LtdCommon Shares20.3 K52 K
Xr Securities LlcCall Options10.8 K1000
Xponance IncCommon Shares11.1 K30 K
Xponance IncCommon Shares10.3 K22 K
Wolverine Trading LlcCommon Shares12.6 K27 K
Wolverine Trading LlcPut Options60.1 K128 K
Note, although Nordic American's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Nordic American Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nordic American or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nordic American's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nordic stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.48
β
Beta against DOW0.50
σ
Overall volatility
4.53
Ir
Information ratio 0.09

Nordic American Volatility Alert

Nordic American Tanker exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate Nordic American Tanker individually to make sure intended market timing strategies and available technical indicators are consistent with their estimates about Nordic American future systematic risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nordic American's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nordic American's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Nordic American Fundamentals Vs Peers

Comparing Nordic American's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nordic American's direct or indirect competition across all of the common fundamentals between Nordic American and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nordic American or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nordic American's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nordic American by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Nordic American to competition
FundamentalsNordic AmericanPeer Average
Return On Equity(28.07) %(0.31) %
Return On Asset(4.55) %(0.14) %
Profit Margin(69.14) %(1.27) %
Operating Margin(30.97) %(5.51) %
Current Valuation938.85 M16.62 B
Shares Outstanding180.86 M571.82 M
Shares Owned by Insiders2.75 %10.09 %
Shares Owned by Institutions30.31 %39.21 %
Number of Shares Shorted10.76 M4.71 M
Price to Earning10.36 X28.72 X
Price to Book0.88 X9.51 X
Price to Sales2.92 X11.42 X
Revenue214.86 M9.43 B
Gross Profit(4.86 M)27.38 B
EBITDA(7.29 M)3.9 B
Net Income(148.55 M)570.98 M
Cash and Equivalents35.57 M2.7 B
Cash per Share0.18 X5.01 X
Total Debt356.27 M5.32 B
Debt to Equity0.72 %48.70 %
Current Ratio1.53 X2.16 X
Book Value Per Share3.96 X1.93 K
Cash Flow from Operations(37.49 M)971.22 M
Short Ratio1.69 X4.00 X
Earnings Per Share0.34 X3.12 X
Price to Earnings To Growth(1.02) X4.89 X
Number of Employees1918.84 K
Beta0.06-0.15
Market Capitalization627.59 M19.03 B
Total Asset1.24 B29.47 B
Retained Earnings(11.17 M)9.33 B
Working Capital97.32 M1.48 B
Current Asset118.18 M9.34 B

Nordic American Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nordic . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Nordic American Buy or Sell Advice

When is the right time to buy or sell Nordic American Tanker? Buying financial instruments such as Nordic Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Nordic American in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Banking Thematic Idea Now

Banking
Banking Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 36 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banking Theme or any other thematic opportunities.
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Additionally, see Nordic American Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Nordic American Tanker 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Nordic American Tanker 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 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 YOY
5.76
Market Capitalization
695.3 M
Quarterly Revenue Growth YOY
0.33
Return On Assets
(0.0455) 
Return On Equity
(0.28) 
The market value of Nordic American Tanker 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 Nordic American value 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.