Air New Financials
| ANZLY Stock | USD 1.64 0.01 0.61% |
Air |
Understanding current and past Air New Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Air New's financial statements are interrelated, with each one affecting the others. For example, an increase in Air New's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Air New's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Air New Zealand. Check Air New's Beneish M Score to see the likelihood of Air New's management manipulating its earnings.
Air New Stock Summary
Air New competes with Finnair Oyj, EasyJet Plc, Norse Atlantic, Air New, and Air France-KLM. Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. Air New Zealand Limited was incorporated in 1940 and is based in Auckland, New Zealand. Air New operates under Airlines classification in the United States and is traded on OTC Exchange. It employs 8863 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US0091362014 |
| Business Address | Air New Zealand |
| Sector | Industrials |
| Industry | Airlines |
| Benchmark | Dow Jones Industrial |
| Website | www.airnewzealand.co.nz |
| Phone | 64 9 336 2400 |
| Currency | USD - US Dollar |
Air New Key Financial Ratios
Air New's financial ratios allow both analysts and investors to convert raw data from Air New's financial statements into concise, actionable information that can be used to evaluate the performance of Air New over time and compare it to other companies across industries.| Return On Equity | -0.43 | |||
| Return On Asset | -0.0557 | |||
| Beta | 1.42 | |||
| Z Score | 0.6 |
Air Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Air New's current stock value. Our valuation model uses many indicators to compare Air New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Air New competition to find correlations between indicators driving Air New's intrinsic value. More Info.Air New Zealand is rated fourth in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Air New by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Air New's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Air New Zealand Systematic Risk
Air New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Air New volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Air New Zealand correlated with the market. If Beta is less than 0 Air New generally moves in the opposite direction as compared to the market. If Air New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Air New Zealand is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Air New is generally in the same direction as the market. If Beta > 1 Air New moves generally in the same direction as, but more than the movement of the benchmark.
Air New December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Air New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Air New Zealand. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air New Zealand based on widely used predictive technical indicators. In general, we focus on analyzing Air Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air New's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.64 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 15.91 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 5.45 |
Additional Tools for Air Pink Sheet Analysis
When running Air New's price analysis, check to measure Air New'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 Air New is operating at the current time. Most of Air New's value examination focuses on studying past and present price action to predict the probability of Air New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air New's price. Additionally, you may evaluate how the addition of Air New to your portfolios can decrease your overall portfolio volatility.