Norwegian Air (UK) Price on December 4, 2024
0FGH Stock | 11.36 0.13 1.13% |
Below is the normalized historical share price chart for Norwegian Air Shuttle extending back to December 10, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Norwegian Air stands at 11.36, as last reported on the 13th of December 2024, with the highest price reaching 14.04 and the lowest price hitting 11.36 during the day.
If you're considering investing in Norwegian Stock, it is important to understand the factors that can impact its price. Currently, Norwegian Air Shuttle is somewhat reliable. Norwegian Air Shuttle has Sharpe Ratio of 0.0191, which conveys that the firm had a 0.0191% return per unit of risk over the last 3 months. We have found thirty technical indicators for Norwegian Air, which you can use to evaluate the volatility of the firm. Please verify Norwegian Air's Downside Deviation of 3.87, mean deviation of 2.2, and Risk Adjusted Performance of 0.0306 to check out if the risk estimate we provide is consistent with the expected return of 0.0604%.
At this time, Norwegian Air's Other Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 5.1 B in 2024, despite the fact that Total Stockholder Equity is likely to grow to (5.7 B). . Norwegian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 10.1568 | 50 Day MA 9.5574 | Beta 1.038 |
Norwegian |
Sharpe Ratio = 0.0191
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | 0FGH | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
3.15 actual daily | 28 72% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Norwegian Air is performing at about 1% 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 Norwegian Air by adding it to a well-diversified portfolio.
Book Value 7.377 | Enterprise Value 14.8 B | Shares Float 776.2 M | Market Capitalization 12 B | Revenue Per Share 33.931 |
Norwegian Air Valuation on December 4, 2024
It is possible to determine the worth of Norwegian Air on a given historical date. On December 4, 2024 Norwegian was worth 10.99 at the beginning of the trading date compared to the closed value of 11.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Norwegian Air stock. Still, in general, we apply an absolute valuation method to find Norwegian Air's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Norwegian Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Norwegian Air's related companies.
Open | High | Low | Close | Volume | |
10.74 | 11.02 | 10.70 | 10.96 | 596,310 | |
12/04/2024 | 10.99 | 11.14 | 10.77 | 11.04 | 128,990 |
11.16 | 11.68 | 11.10 | 11.60 | 518,860 |
Backtest Norwegian Air | | | Norwegian Air History | | | Norwegian Air Valuation | Previous | Next |
Norwegian Air Trading Date Momentum on December 4, 2024
On December 05 2024 Norwegian Air Shuttle was traded for 11.60 at the closing time. The highest price during the trading period was 11.68 and the lowest recorded bid was listed for 11.10 . The volume for the day was 518.9 K. This history from December 5, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 5.07% . The trading delta at closing time to the current price is 2.99% . |
Norwegian Air Shuttle Fundamentals Correlations and Trends
By evaluating Norwegian Air's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Norwegian Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Norwegian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Norwegian Air Stock history
Norwegian Air investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Norwegian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Norwegian Air Shuttle will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Norwegian Air stock prices may prove useful in developing a viable investing in Norwegian Air
Last Reported | Projected for Next Year | ||
Net Income Applicable To Common Shares | 905 M | 950.2 M |
Norwegian Air Stock Technical Analysis
Norwegian Air technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Norwegian Air Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Norwegian Air Shuttle cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Norwegian Air December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Norwegian Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Norwegian Air shares will generate the highest return on investment. By undertsting and applying Norwegian Air stock market strength indicators, traders can identify Norwegian Air Shuttle entry and exit signals to maximize returns
Norwegian Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Norwegian Air's price direction in advance. Along with the technical and fundamental analysis of Norwegian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Norwegian to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0306 | |||
Jensen Alpha | 0.0224 | |||
Total Risk Alpha | (0.35) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.1362 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Norwegian Stock Analysis
When running Norwegian Air's price analysis, check to measure Norwegian Air'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 Norwegian Air is operating at the current time. Most of Norwegian Air's value examination focuses on studying past and present price action to predict the probability of Norwegian Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norwegian Air's price. Additionally, you may evaluate how the addition of Norwegian Air to your portfolios can decrease your overall portfolio volatility.