Nordic American Tankers Stock Performance
| NAT Stock | USD 3.80 0.03 0.80% |
The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nordic American's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nordic American is expected to be smaller as well. Nordic American Tankers has an expected return of -0.15%. Please make sure to verify Nordic American Tankers treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Nordic American Tankers performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nordic American Tankers has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return (2.08) | Five Day Return (5.28) | Year To Date Return (12.12) | Ten Year Return (57.50) | All Time Return (79.89) |
Forward Dividend Yield 0.1273 | Payout Ratio 0.9787 | Last Split Factor 1008:1000 | Forward Dividend Rate 0.48 | Dividend Date 2024-04-10 |
1 | 3 Stocks Under 5 Primed to Explode in Value by 2027 - InvestorPlace | 02/06/2024 |
2 | Nordic American Tankers doubles dividend to 0.12 | 02/29/2024 |
3 | Nordic American Tankers Limited Raises Dividend to 0.12 Per Share | 03/01/2024 |
4 | Nordic American Tankers Ltd Alexander Hansson buys more NAT shares | 03/04/2024 |
5 | Nordic American Tankers Ltd A snapshot of the present market conditions | 03/07/2024 |
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7 | Grifols Procleix ArboPlex Assay Receives CE Mark, the First and Only 4-in-1 NAT for Arbovirus Screening | 04/04/2024 |
| Nordic American dividend paid on 10th of April 2024 | 04/10/2024 |
8 | 12 Highest Yielding Dividend Stocks You Can Buy Right Now | 04/16/2024 |
| Begin Period Cash Flow | 63.3 M |
Nordic |
Nordic American Relative Risk vs. Return Landscape
If you would invest 418.00 in Nordic American Tankers on January 20, 2024 and sell it today you would lose (41.00) from holding Nordic American Tankers or give up 9.81% of portfolio value over 90 days. Nordic American Tankers is generating negative expected returns assuming volatility of 1.5781% on return distribution over 90 days investment horizon. In other words, 13% of stocks are less volatile than Nordic, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Nordic American Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordic American's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nordic American Tankers, and traders can use it to determine the average amount a Nordic American's 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 = -0.096
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| Negative Returns | NAT |
Estimated Market Risk
| 1.58 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nordic American 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 Nordic American by adding Nordic American to a well-diversified portfolio.
Nordic American Fundamentals Growth
Nordic Stock prices reflect investors' perceptions of the future prospects and financial health of Nordic American, and Nordic American 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 Nordic Stock performance.
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0909 | ||||
| Profit Margin | 0.38 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 1.06 B | ||||
| Shares Outstanding | 208.8 M | ||||
| Price To Earning | 10.36 X | ||||
| Price To Book | 1.50 X | ||||
| Price To Sales | 3.09 X | ||||
| Revenue | 262.18 M | ||||
| Gross Profit | 105.39 M | ||||
| EBITDA | 179.29 M | ||||
| Net Income | 98.71 M | ||||
| Cash And Equivalents | 59.58 M | ||||
| Cash Per Share | 0.18 X | ||||
| Total Debt | 301.6 M | ||||
| Debt To Equity | 0.72 % | ||||
| Current Ratio | 1.53 X | ||||
| Book Value Per Share | 2.58 X | ||||
| Cash Flow From Operations | 139.44 M | ||||
| Earnings Per Share | 0.47 X | ||||
| Market Capitalization | 787.16 M | ||||
| Total Asset | 879.2 M | ||||
| Retained Earnings | (156.23 M) | ||||
| Working Capital | 70.25 M | ||||
| Current Asset | 118.18 M | ||||
| Current Liabilities | 20.86 M | ||||
About Nordic American Performance
To evaluate Nordic American Tankers 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 Nordic American 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 Nordic 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 Nordic American Tankers market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nordic'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 138.80 | 145.73 | |
| Return On Tangible Assets | 0.11 | 0.12 | |
| Return On Capital Employed | 0.16 | 0.17 | |
| Return On Assets | 0.11 | 0.12 | |
| Return On Equity | 0.18 | 0.19 |
Things to note about Nordic American Tankers performance evaluation
Checking the ongoing alerts about Nordic American for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nordic American Tankers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nordic American generated a negative expected return over the last 90 days | |
| Nordic American is unlikely to experience financial distress in the next 2 years | |
| On 10th of April 2024 Nordic American paid $ 0.12 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: 12 Highest Yielding Dividend Stocks You Can Buy Right Now |
- Analyzing Nordic American's 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 Nordic American's stock is overvalued or undervalued compared to its peers.
- Examining Nordic American's 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 Nordic American's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nordic American's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nordic American's stock. These opinions can provide insight into Nordic American's 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 Nordic American Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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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 (0.50) | Dividend Share 0.46 | Earnings Share 0.47 | Revenue Per Share 1.256 | Quarterly Revenue Growth (0.76) |
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.