Norwegian Cruise (Brazil) Probability of Future Stock Price Finishing Under 76.74
| N1CL34 Stock | BRL 154.72 8.48 5.20% |
Norwegian |
Norwegian Cruise Target Price Odds to finish below 76.74
The tendency of Norwegian Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to R$ 76.74 or more in 90 days |
| 154.72 | 90 days | 76.74 | near 1 |
Based on a normal probability distribution, the odds of Norwegian Cruise to drop to R$ 76.74 or more in 90 days from now is near 1 (This Norwegian Cruise Line probability density function shows the probability of Norwegian Stock to fall within a particular range of prices over 90 days) . Probability of Norwegian Cruise Line price to stay between R$ 76.74 and its current price of R$154.72 at the end of the 90-day period is about 73.54 .
Assuming the 90 days trading horizon Norwegian Cruise Line has a beta of -0.0565. This indicates as returns on the benchmark increase, returns on holding Norwegian Cruise are expected to decrease at a much lower rate. During a bear market, however, Norwegian Cruise Line is likely to outperform the market. Additionally Norwegian Cruise Line has an alpha of 0.5435, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Norwegian Cruise Price Density |
| Price |
Predictive Modules for Norwegian Cruise
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Norwegian Cruise Line. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Norwegian Cruise Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Norwegian Cruise is not an exception. The market had few large corrections towards the Norwegian Cruise's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Norwegian Cruise Line, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Norwegian Cruise within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 19.22 | |
Ir | Information ratio | 0.18 |
Norwegian Cruise Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Norwegian Cruise for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Norwegian Cruise Line can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 647.99 M. Net Loss for the year was (4.51 B) with loss before overhead, payroll, taxes, and interest of (960.05 M). | |
| Norwegian Cruise Line has accumulated about 3.51 B in cash with (2.47 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.48. |
Norwegian Cruise Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Norwegian Stock often depends not only on the future outlook of the current and potential Norwegian Cruise's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Norwegian Cruise's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 416.9 M | |
| Short Long Term Debt | 876.9 M |
Norwegian Cruise Technical Analysis
Norwegian Cruise's future price can be derived by breaking down and analyzing its technical indicators over time. Norwegian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Norwegian Cruise Line. In general, you should focus on analyzing Norwegian Stock price patterns and their correlations with different microeconomic environments and drivers.
Norwegian Cruise Predictive Forecast Models
Norwegian Cruise's time-series forecasting models is one of many Norwegian Cruise's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Norwegian Cruise'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 stock market movement and maximize returns from investment trading.
Things to note about Norwegian Cruise Line
Checking the ongoing alerts about Norwegian Cruise for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Norwegian Cruise Line help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 647.99 M. Net Loss for the year was (4.51 B) with loss before overhead, payroll, taxes, and interest of (960.05 M). | |
| Norwegian Cruise Line has accumulated about 3.51 B in cash with (2.47 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.48. |
Additional Information and Resources on Investing in Norwegian Stock
When determining whether Norwegian Cruise Line offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norwegian Cruise's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Norwegian Cruise Line Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norwegian Cruise Line Stock:Check out Norwegian Cruise Backtesting, Norwegian Cruise Valuation, Norwegian Cruise Correlation, Norwegian Cruise Hype Analysis, Norwegian Cruise Volatility, Norwegian Cruise History as well as Norwegian Cruise Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.