Icelandair Group (Iceland) Today
| ICEAIR Stock | ISK 1.27 0.01 0.79% |
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Icelandair Group is trading at 1.27 as of the 5th of December 2023, a 0.79 percent increase since the beginning of the trading day. The stock's open price was 1.26. Icelandair Group has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Icelandair Group Hf are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of October 2023 and ending today, the 5th of December 2023. Click here to learn more.
Icelandair Group hf., together with its subsidiaries, operates in the airline and tourism sectors. The company was founded in 1937 and is based in Reykjavik, Iceland. Icelandair Group operates under Airports Air Services classification in Exotistan and is traded on Commodity Exchange. The company has 4.81 B outstanding shares. More on Icelandair Group Hf
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Icelandair Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Icelandair Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Icelandair Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Bjorgolfur Johannsson |
| Thematic Idea | Air (View all Themes) |
| Business Concentration | Air (View all Sectors) |
| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Icelandair Group's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details SellOvervalued | |
Icelandair Group Hf (ICEAIR) is traded on Iceland Exchange in Iceland and employs 4,606 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 43.99 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Icelandair Group's market, we take the total number of its shares issued and multiply it by Icelandair Group'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. Icelandair Group operates under Industrials sector and is part of Airports & Air Services industry. The entity has 4.81 B outstanding shares.
Icelandair Group Hf has accumulated about 289.02 M in cash with 67.38 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Icelandair Group Probability Of Bankruptcy
Icelandair Stock Price Odds Analysis
What are Icelandair Group's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Icelandair Group jumping above the current price in 90 days from now is about 85.6%. The Icelandair Group Hf probability density function shows the probability of Icelandair Group stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Icelandair Group has a beta of 0.1637. This usually indicates as returns on the market go up, Icelandair Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Icelandair Group Hf will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Icelandair Group is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of Icelandair Group to move above the current price in 90 days from now is about 85.6 (This Icelandair Group Hf probability density function shows the probability of Icelandair Stock to fall within a particular range of prices over 90 days) .
Icelandair Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Icelandair Group market risk premium is the additional return an investor will receive from holding Icelandair Group long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Icelandair Group. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Icelandair Group's alpha and beta are two of the key measurements used to evaluate Icelandair Group's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.5 | |||
| Standard Deviation | 2.18 | |||
| Variance | 4.74 | |||
| Risk Adjusted Performance | (0.19) |
Icelandair Stock Against Markets
Picking the right benchmark for Icelandair Group stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Icelandair Group stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Icelandair Group is critical whether you are bullish or bearish towards Icelandair Group Hf at a given time. Please also check how Icelandair Group's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Icelandair Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Icelandair Group Corporate Directors
Icelandair Group corporate directors refer to members of an Icelandair Group board of directors. The board of directors generally takes responsibility for the Icelandair Group's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Icelandair Group's board members must vote for the resolution. The Icelandair Group board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Iris Thorisdottir | Director Investor Relations | Profile | |
| Arni Gunnarsson | Managing Director of Air Iceland | Profile | |
| Gunnar Sigurfinnsson | Managing Director of Icelandair Cargo | Profile | |
| Arni Hermannson | Managing Director of Loftleidir Icelandic, Member of the Executive Management | Profile |
How to buy Icelandair Stock?
Before investing in Icelandair Group, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Icelandair Group. To buy Icelandair Group stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Icelandair Group. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Icelandair Group stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Icelandair Group Hf stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Icelandair Group Hf stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Icelandair Group Hf, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Icelandair Group Hf?
The danger of trading Icelandair Group Hf is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Icelandair Group is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Icelandair Group. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Icelandair Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icelandair Group Hf. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Icelandair Stock analysis
When running Icelandair Group's price analysis, check to measure Icelandair Group'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 Icelandair Group is operating at the current time. Most of Icelandair Group's value examination focuses on studying past and present price action to predict the probability of Icelandair Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icelandair Group's price. Additionally, you may evaluate how the addition of Icelandair Group to your portfolios can decrease your overall portfolio volatility.
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