Nok Airlines Public Stock Performance
| NOKPF Stock | USD 0 0.00 0.00% |
Nok Airlines holds a performance score of 11 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -26.87, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nok Airlines are expected to decrease by larger amounts. On the other hand, during market turmoil, Nok Airlines is expected to outperform it. Use Nok Airlines Public sortino ratio and the relationship between the potential upside and day typical price , to analyze future returns on Nok Airlines Public.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Nok Airlines Public are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Nok Airlines reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.4 B | |
| Total Cashflows From Investing Activities | 24 M |
Nok |
Nok Airlines Relative Risk vs. Return Landscape
If you would invest 0.30 in Nok Airlines Public on January 25, 2024 and sell it today you would earn a total of 0.18 from holding Nok Airlines Public or generate 60.0% return on investment over 90 days. Nok Airlines Public is currently producing 8.7366% returns and takes up 57.4287% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Nok, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nok Airlines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nok Airlines' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nok Airlines Public, and traders can use it to determine the average amount a Nok Airlines' 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 = 0.1521
| Best Portfolio | Best Equity | NOKPF | ||
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Estimated Market Risk
| 57.43 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.07 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Nok Airlines is performing at about 11% of its full potential. 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 Nok Airlines by adding it to a well-diversified portfolio.
Nok Airlines Fundamentals Growth
Nok Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nok Airlines, and Nok Airlines 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 Nok Pink Sheet performance.
| Return On Asset | -0.17 | |||
| Profit Margin | (0.65) % | |||
| Operating Margin | (1.90) % | |||
| Current Valuation | 294.27 M | |||
| Price To Earning | (1.03) X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 2.2 B | |||
| EBITDA | 1.04 B | |||
| Cash And Equivalents | 1.52 B | |||
| Cash Per Share | 0.41 X | |||
| Total Debt | 2.77 B | |||
| Debt To Equity | 0.12 % | |||
| Book Value Per Share | (2.25) X | |||
| Cash Flow From Operations | (47.97 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 12.25 B | |||
About Nok Airlines Performance
To evaluate Nok Airlines Public Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nok Airlines 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 Nok Pink Sheet'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 Nok Airlines Public market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nok'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.Nok Airlines Public Company Limited, together with its subsidiaries, offers air transport services for passengers, and parcels and parcel posts in Thailand. Nok Airlines Public Company Limited was incorporated in 2004 and is headquartered in Bangkok, Thailand. Nok Airlines operates under Airlines classification in the United States and is traded on OTC Exchange.Things to note about Nok Airlines Public performance evaluation
Checking the ongoing alerts about Nok Airlines for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nok Airlines Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nok Airlines Public is way too risky over 90 days horizon | |
| Nok Airlines Public has some characteristics of a very speculative penny stock | |
| Nok Airlines Public appears to be risky and price may revert if volatility continues | |
| Nok Airlines Public has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 2.77 B in total debt with debt to equity ratio (D/E) of 0.12, which may suggest the company is not taking enough advantage from borrowing. Nok Airlines Public has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nok Airlines until it has trouble settling it off, either with new capital or with free cash flow. So, Nok Airlines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nok Airlines Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nok to invest in growth at high rates of return. When we think about Nok Airlines' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.2 B. Net Loss for the year was (1.44 B) with loss before overhead, payroll, taxes, and interest of (2.31 B). | |
| Nok Airlines Public has accumulated about 1.52 B in cash with (47.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Nok Airlines' 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 Nok Airlines' stock is overvalued or undervalued compared to its peers.
- Examining Nok Airlines' 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 Nok Airlines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nok Airlines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nok Airlines' pink sheet. These opinions can provide insight into Nok Airlines' 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 Nok Airlines Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running Nok Airlines' price analysis, check to measure Nok Airlines' 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 Nok Airlines is operating at the current time. Most of Nok Airlines' value examination focuses on studying past and present price action to predict the probability of Nok Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nok Airlines' price. Additionally, you may evaluate how the addition of Nok Airlines to your portfolios can decrease your overall portfolio volatility.
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