Nordic American Tankers Stock Analysis

Nordic Stock Analysis Notes

About 46.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.51. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nordic American Tankers last dividend was issued on the 19th of March 2024. The entity had 1008:1000 split on the 10th of August 2017. Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. The company was incorporated in 1995 and is based in Hamilton, Bermuda. Nordic American operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 19 people. To find out more about Nordic American Tankers contact Herbjorn Hansson at 441 292 7202 or learn more at https://www.nat.bm.

Nordic American Tankers Investment Alerts

Nordic American Tankers Upcoming and Recent Events

Nordic Largest EPS Surprises

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Nordic American Thematic Classifications

Nordic Stock Institutional Investors

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 Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 789.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nordic American's market, we take the total number of its shares issued and multiply it by Nordic American's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Nordic Profitablity

The company has Net Profit Margin of 0.38 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.42 %, which entails that for every 100 dollars of revenue, it generated $0.42 of operating income.

Management Efficiency

Nordic American Tankers has Return on Asset of 0.0909 % which means that on every $100 spent on assets, it made $0.0909 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1831 %, implying that it generated $0.1831 on every 100 dollars invested. Nordic American's management efficiency ratios could be used to measure how well Nordic American manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.12 in 2024. Return On Capital Employed is likely to gain to 0.17 in 2024. At this time, Nordic American's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 1.4 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 830.6 M in 2024.

Technical Drivers

As of the 24th of April, Nordic American secures the Mean Deviation of 1.24, risk adjusted performance of (0.07), and Standard Deviation of 1.59. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nordic American Tankers, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Nordic American, which can be compared to its peers in the industry. Please verify Nordic American Tankers risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Nordic American Tankers is priced some-what accurately, providing market reflects its recent price of 3.79 per share. Given that Nordic American Tankers has information ratio of (0.18), we recommend you to check Nordic American's last-minute market performance to make sure the company can sustain itself at a future point.

Nordic American Tankers Price Movement Analysis

Nordic American Predictive Daily Indicators

Nordic American Corporate Filings

Nordic American Forecast Models

Nordic American's time-series forecasting models are one of many Nordic American's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nordic American's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nordic American prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nordic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nordic American. By using and applying Nordic Stock analysis, traders can create a robust methodology for identifying Nordic entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nordic analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nordic analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Nordic American Tankers stock analysis indicators help investors evaluate how Nordic American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Nordic American shares will generate the highest return on investment. By understating and applying Nordic American stock analysis, traders can identify Nordic American position entry and exit signals to maximize returns.

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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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.

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.

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.