Norwegian Air (UK) Alpha and Beta Analysis
| 0FGH Stock | 11.32 0.36 3.28% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Norwegian Air Shuttle. It also helps investors analyze the systematic and unsystematic risks associated with investing in Norwegian Air over a specified time horizon. Remember, high Norwegian Air's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Norwegian Air's market risk premium analysis include:
Beta 0.6 | Alpha 0.05 | Risk 3.28 | Sharpe Ratio 0.0356 | Expected Return 0.12 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Norwegian Air Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Norwegian Air market risk premium is the additional return an investor will receive from holding Norwegian Air long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Norwegian Air. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Norwegian Air's performance over market.| α | 0.05 | β | 0.60 |
Norwegian Air expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Norwegian Air's Buy-and-hold return. Our buy-and-hold chart shows how Norwegian Air performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Norwegian Air Market Price Analysis
Market price analysis 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 understating and applying Norwegian Air stock market price indicators, traders can identify Norwegian Air position entry and exit signals to maximize returns.
Norwegian Air Return and Market Media
The median price of Norwegian Air for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 11.3 with a coefficient of variation of 6.32. The daily time series for the period is distributed with a sample standard deviation of 0.72, arithmetic mean of 11.37, and mean deviation of 0.59. The Stock received some media coverage during the period.About Norwegian Air Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Norwegian or other stocks. Alpha measures the amount that position in Norwegian Air Shuttle has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Norwegian Air in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Norwegian Air's short interest history, or implied volatility extrapolated from Norwegian Air options trading.
Build Portfolio with Norwegian Air
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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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.