Nordic American Tankers Stock Performance
| NAT Stock | USD 2.68 0.20 6.94% |
The company secures a Beta (Market Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nordic American's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nordic American is expected to be smaller as well. At this point, Nordic American Tankers has a negative expected return of -0.42%. Please make sure to verify Nordic American's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Nordic American Tankers performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nordic American Tankers has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return (6.94) | Five Day Return (6.94) | Year To Date Return (37.53) | Ten Year Return (70.61) | All Time Return (85.71) |
Forward Dividend Yield 0.1493 | Payout Ratio 1.4483 | Last Split Factor 1008:1000 | Forward Dividend Rate 0.4 | Dividend Date 2025-01-16 |
1 | Century Park Capital Partners Welcomes Nat Bacon as Principal | 09/16/2024 |
2 | Do Options Traders Know Something About Nordic American Tankers Stock We Dont | 10/02/2024 |
3 | Nordic American Tankers Limited Shares Sold by SeaCrest Wealth Management LLC | 10/16/2024 |
4 | Nordic American Tankers Ltd Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares | 10/22/2024 |
5 | Genco Shipping Trading Meets Q3 Earnings Estimates | 11/06/2024 |
6 | Nordic American Tankers Hits New 1-Year Low Whats Next | 11/12/2024 |
7 | Nordic American Tankers Ltd -- Announces Results of its 2024 Annual General Meeting ... | 11/25/2024 |
| Nordic American dividend paid on 26th of November 2024 | 11/26/2024 |
8 | Nordic American Tankers Ltd -- Report as per September 30, 2024 -- Prospects for ... | 11/29/2024 |
| Begin Period Cash Flow | 63.3 M |
Nordic |
Nordic American Relative Risk vs. Return Landscape
If you would invest 355.00 in Nordic American Tankers on September 3, 2024 and sell it today you would lose (87.00) from holding Nordic American Tankers or give up 24.51% of portfolio value over 90 days. Nordic American Tankers is generating negative expected returns assuming volatility of 1.8936% on return distribution over 90 days investment horizon. In other words, 16% of stocks are less volatile than Nordic, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Nordic American Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordic American's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nordic American Tankers, and traders can use it to determine the average amount a Nordic American's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.222
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| Negative Returns | NAT |
Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nordic American is not performing at its full potential. However, 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 Nordic American by adding Nordic American to a well-diversified portfolio.
Nordic American Fundamentals Growth
Nordic Stock prices reflect investors' perceptions of the future prospects and financial health of Nordic American, and Nordic American fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nordic Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0655 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 804.99 M | |||
| Shares Outstanding | 208.8 M | |||
| Price To Earning | 10.36 X | |||
| Price To Book | 1.06 X | |||
| Price To Sales | 1.65 X | |||
| Revenue | 391.69 M | |||
| Gross Profit | 105.39 M | |||
| EBITDA | 179.29 M | |||
| Net Income | 98.71 M | |||
| Cash And Equivalents | 59.58 M | |||
| Cash Per Share | 0.18 X | |||
| Total Debt | 301.6 M | |||
| Debt To Equity | 0.72 % | |||
| Current Ratio | 1.53 X | |||
| Book Value Per Share | 2.58 X | |||
| Cash Flow From Operations | 139.44 M | |||
| Earnings Per Share | 0.29 X | |||
| Market Capitalization | 601.33 M | |||
| Total Asset | 879.2 M | |||
| Retained Earnings | (57.52 M) | |||
| Working Capital | 38.43 M | |||
| Current Asset | 118.18 M | |||
| Current Liabilities | 20.86 M | |||
About Nordic American Performance
Assessing Nordic American's fundamental ratios provides investors with valuable insights into Nordic American's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Nordic American is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 64.18 | 37.47 | |
| Return On Tangible Assets | 0.11 | 0.12 | |
| Return On Capital Employed | 0.16 | 0.17 | |
| Return On Assets | 0.11 | 0.12 | |
| Return On Equity | 0.18 | 0.19 |
Things to note about Nordic American Tankers performance evaluation
Checking the ongoing alerts about Nordic American for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nordic American Tankers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nordic American generated a negative expected return over the last 90 days | |
| On 26th of November 2024 Nordic American paid $ 0.12 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Nordic American Tankers Ltd -- Report as per September 30, 2024 -- Prospects for ... |
- Analyzing Nordic American's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nordic American's stock is overvalued or undervalued compared to its peers.
- Examining Nordic American's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nordic American's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nordic American's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nordic American's stock. These opinions can provide insight into Nordic American's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nordic Stock Analysis
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.