Icelandair Group (Iceland) Performance
| ICEAIR Stock | ISK 1.16 0.01 0.85% |
The company retains a Market Volatility (i.e., Beta) of -0.0425, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Icelandair Group are expected to decrease at a much lower rate. During the bear market, Icelandair Group is likely to outperform the market. At this point, Icelandair Group has a negative expected return of -0.34%. Please make sure to check out Icelandair Group's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Icelandair Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Icelandair Group hf has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's technical and fundamental indicators remain somewhat strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Quick Ratio | 0.45 | |
| Fifty Two Week Low | 6.43 | |
| Target High Price | 27.30 | |
| Fifty Two Week High | 12.90 | |
| Target Low Price | 27.30 | |
| Trailing Annual Dividend Yield | 0.01% |
Icelandair |
Icelandair Group Relative Risk vs. Return Landscape
If you would invest 144.00 in Icelandair Group hf on December 21, 2024 and sell it today you would lose (28.00) from holding Icelandair Group hf or give up 19.44% of portfolio value over 90 days. Icelandair Group hf is generating negative expected returns and assumes 2.0801% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Icelandair, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Icelandair Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Icelandair Group's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Icelandair Group hf, and traders can use it to determine the average amount a Icelandair Group'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 = -0.1627
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Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Icelandair Group 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 Icelandair Group by adding Icelandair Group to a well-diversified portfolio.
Icelandair Group Fundamentals Growth
Icelandair Stock prices reflect investors' perceptions of the future prospects and financial health of Icelandair Group, and Icelandair Group 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 Icelandair Stock performance.
| Return On Equity | -15.53 | |||
| Return On Asset | -2.84 | |||
| Profit Margin | (5.16) % | |||
| Operating Margin | (5.31) % | |||
| Current Valuation | 43.22 B | |||
| Shares Outstanding | 4.81 B | |||
| Price To Book | 103.86 X | |||
| Price To Sales | 29.66 X | |||
| Revenue | 1.48 B | |||
| EBITDA | 57.93 M | |||
| Cash And Equivalents | 289.02 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 594.67 M | |||
| Debt To Equity | 139.60 % | |||
| Book Value Per Share | 0.09 X | |||
| Cash Flow From Operations | 67.38 M | |||
| Earnings Per Share | (0.02) X | |||
About Icelandair Group Performance
By analyzing Icelandair Group's fundamental ratios, stakeholders can gain valuable insights into Icelandair Group's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Icelandair Group has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Icelandair Group has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Icelandair Group performance evaluation
Checking the ongoing alerts about Icelandair Group for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Icelandair Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Icelandair Group generated a negative expected return over the last 90 days | |
| Icelandair Group may become a speculative penny stock | |
| Icelandair Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Icelandair Group hf has accumulated 594.67 M in total debt with debt to equity ratio (D/E) of 139.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Icelandair Group has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Icelandair Group until it has trouble settling it off, either with new capital or with free cash flow. So, Icelandair Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Icelandair Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Icelandair to invest in growth at high rates of return. When we think about Icelandair Group's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.48 B. Net Loss for the year was (76.58 M) with profit before overhead, payroll, taxes, and interest of 437.21 M. |
- Analyzing Icelandair Group'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 Icelandair Group's stock is overvalued or undervalued compared to its peers.
- Examining Icelandair Group'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 Icelandair Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Icelandair Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Icelandair Group's stock. These opinions can provide insight into Icelandair Group's potential for growth and whether the stock is currently undervalued or overvalued.
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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