Icelandair Group Financials
| ICEAIR Stock | ISK 1.30 0.03 2.36% |
Icelandair |
Understanding current and past Icelandair Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Icelandair Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Icelandair Group's assets may result in an increase in income on the income statement.
Please note, the presentation of Icelandair Group's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Icelandair Group's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Icelandair Group's management manipulating its earnings.
Icelandair Group Stock Summary
Icelandair Group competes with Marel Hf. Icelandair Group hf., together with its subsidiaries, operates in the airline and tourism sectors. The company was founded in 1937 and is based in Reykjavik, Iceland. Icelandair Group operates under Airports Air Services classification in Exotistan and is traded on Commodity Exchange. It employs 4606 people.| Instrument | Iceland Stock View All |
| Exchange | Iceland Exchange |
| ISIN | IS0000013464 |
| Business Address | Reykjavk Airport |
| Sector | Industrials |
| Industry | Airports & Air Services |
| Benchmark | Dow Jones Industrial |
| Website | www.icelandairgroup.is |
| Phone | 354 505 0300 |
| Currency | ISK - Krona |
You should never invest in Icelandair Group without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Icelandair Stock, because this is throwing your money away. Analyzing the key information contained in Icelandair Group's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Icelandair Group Key Financial Ratios
Icelandair Group's financial ratios allow both analysts and investors to convert raw data from Icelandair Group's financial statements into concise, actionable information that can be used to evaluate the performance of Icelandair Group over time and compare it to other companies across industries.| Return On Equity | -15.53 | |||
| Return On Asset | -2.84 | |||
| Beta | 1.21 | |||
| Z Score | 43.8 | |||
| Last Dividend Paid | 0.15 |
Icelandair Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Icelandair Group's current stock value. Our valuation model uses many indicators to compare Icelandair Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Icelandair Group competition to find correlations between indicators driving Icelandair Group's intrinsic value. More Info.Icelandair Group hf is rated third overall in return on equity category among its peers. It also is rated third overall in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Icelandair Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Icelandair Group's Stock. 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.Icelandair Group Systematic Risk
Icelandair Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Icelandair Group 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Icelandair Group correlated with the market. If Beta is less than 0 Icelandair Group generally moves in the opposite direction as compared to the market. If Icelandair Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Icelandair Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Icelandair Group is generally in the same direction as the market. If Beta > 1 Icelandair Group moves generally in the same direction as, but more than the movement of the benchmark.
Icelandair Group Thematic Clasifications
Icelandair Group hf is part of Air investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Air services and air delivery. Companies specializing in air services and air delivery
This theme covers Air services and air delivery. Companies specializing in air services and air delivery. Get More Thematic Ideas
| Air | View |
Icelandair Group December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Icelandair Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Icelandair Group hf. We use our internally-developed statistical techniques to arrive at the intrinsic value of Icelandair Group hf based on widely used predictive technical indicators. In general, we focus on analyzing Icelandair Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Icelandair Group's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.61 | |||
| Information Ratio | 0.1611 | |||
| Maximum Drawdown | 13.7 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 5.17 |
Complementary Tools for Icelandair Stock analysis
When running Icelandair Group's price analysis, check to measure Icelandair Group'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 Icelandair Group is operating at the current time. Most of Icelandair Group's value examination focuses on studying past and present price action to predict the probability of Icelandair Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icelandair Group's price. Additionally, you may evaluate how the addition of Icelandair Group to your portfolios can decrease your overall portfolio volatility.
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