Norse Atlantic Operating Margin vs. Market Capitalization
| NRSAF Stock | USD 0.31 0.03 8.82% |
For Norse Atlantic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Norse Atlantic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Norse Atlantic ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Norse Atlantic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Norse Atlantic ASA over time as well as its relative position and ranking within its peers.
Norse |
Norse Atlantic ASA Market Capitalization vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Norse Atlantic's current stock value. Our valuation model uses many indicators to compare Norse Atlantic value to that of its competitors to determine the firm's financial worth. Norse Atlantic ASA is rated below average in operating margin category among its peers. It also is rated below average in market capitalization category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Norse Atlantic's earnings, one of the primary drivers of an investment's value.Norse Market Capitalization vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Norse Atlantic |
| = | (16.88) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Norse Atlantic |
| = | 71.31 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Norse Market Capitalization vs Competition
Norse Atlantic ASA is rated below average in market capitalization category among its peers. Market capitalization of Airlines industry is now estimated at about 64.29 Billion. Norse Atlantic adds roughly 71.31 Million in market capitalization claiming only tiny portion of stocks in Airlines industry.
Norse Atlantic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Norse Atlantic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Norse Atlantic will eventually generate negative long term returns. The profitability progress is the general direction of Norse Atlantic's change in net profit over the period of time. It can combine multiple indicators of Norse Atlantic, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
It focuses on serving various destinations between Europe and the United States, including New York, Florida, Paris, London, and Oslo. The company was founded in 2021 and is headquartered in Arendal, Norway. Norse Atlantic is traded on OTC Exchange in the United States.
Norse Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Norse Atlantic. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Norse Atlantic position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Norse Atlantic's important profitability drivers and their relationship over time.
Use Norse Atlantic in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Norse Atlantic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Norse Atlantic will appreciate offsetting losses from the drop in the long position's value.Norse Atlantic Pair Trading
Norse Atlantic ASA Pair Trading Analysis
The ability to find closely correlated positions to Norse Atlantic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Norse Atlantic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Norse Atlantic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Norse Atlantic ASA to buy it.
The correlation of Norse Atlantic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Norse Atlantic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Norse Atlantic ASA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Norse Atlantic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Norse Atlantic position
In addition to having Norse Atlantic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Norse OTC Stock
To fully project Norse Atlantic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Norse Atlantic ASA at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Norse Atlantic's income statement, its balance sheet, and the statement of cash flows.