Nordic Story

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NAT -- USA Stock  

USD 3.50  0.08  2.34%

The predictive indicators we use to evaluate Nordic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nordic American Tankers. We apply different methods to arrive at the intrinsic value of Nordic based on widely used predictive technical indicators. Let's first try to review why Nordic American investors are seeking stability amid unprecedented economic uncertainty.
Published over a month ago
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Do you have a personal attachment to Nordic American?
We provide investment recommendation to complement the last-minute expert consensus on Nordic American Tankers. 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.
The successful prediction of Nordic American stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Nordic American Tankers, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Nordic American based on Nordic American hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to Nordic American's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nordic American's related companies.

Use Technical Analysis to project Nordic expected Price

Nordic American technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Nordic American technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nordic American trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

How Nordic utilizes its cash?

To perform a cash flow analysis of Nordic American, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Nordic American is receiving and how much cash it distributes out in a given period. The Nordic American cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Nordic American Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Nordic American reported Net Cash Flow from Operations of 52.86 Million in 2019

Breaking down the case for Nordic American

Nordic American Tankers reported the last year's revenue of 349.77 M. Total Income to common stockholders was 23.55 M with profit before taxes, overhead, and interest of 109.42 M.
 2017 2018 2019 2020 (projected)
Interest Expense20.46 M34.55 M38.39 M41.42 M
Gross Profit67.01 M43.59 M109.42 M104.47 M

Deferred Revenue Breakdown

Nordic American Deferred Revenue yearly trend continues to be comparatively stable with very little volatility. Deferred Revenue will likely drop to about 480.5 K in 2020. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Nordic American Deferred Revenue is comparatively stable at the moment as compared to the past year. Nordic American reported Deferred Revenue of 483,300 in 2019
2010
2019
2020
2010537,000
2019483,300
2020480,474

Possible September correction of Nordic?

The kurtosis is down to 1.13 as of today. Nordic American Tankers exhibits very low volatility with skewness of 0.64 and kurtosis of 1.13. However, we advise investors to further study Nordic American Tankers technical indicators to make sure all market info is available and is reliable.

Our Final Takeaway

When is the right time to buy or sell Nordic American Tankers? Buying stocks such as Nordic American isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. While some private investors may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Nordic American.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Nordic American Tankers. Please refer to our Terms of Use for any information regarding our disclosure principles.

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