Norwegian Stock Alpha and Beta Analysis

NCLH -  USA Stock  

USD 13.22  1.76  15.36%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Norwegian Cruise Ord. It also helps investors analyze the systematic and unsystematic risks associated with investing in Norwegian Cruise over a specified time horizon. Remember, high Norwegian Cruise'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.
Additionally, see Norwegian Cruise Backtesting, Norwegian Cruise Valuation, Norwegian Cruise Correlation, Norwegian Cruise Hype Analysis, Norwegian Cruise Volatility, Norwegian Cruise History and analyze Norwegian Cruise Performance.
Please note that although Norwegian Cruise alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Norwegian Cruise did 0.27  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Norwegian Cruise Ord stock's relative risk over its benchmark. Norwegian Cruise Ord has a beta of 2.37  . Let's try to break down what Norwegian's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Norwegian Cruise will likely underperform.
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.

Norwegian Cruise Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Norwegian Cruise market risk premium is the additional return an investor will receive from holding Norwegian Cruise 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 Cruise. 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 Cruise's performance over market.
α-0.27   β2.37
90 days against DJI

Norwegian Cruise 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 Cruise's Buy-and-hold return. Our buy-and-hold chart shows how Norwegian Cruise performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Norwegian Cruise Market Price Analysis

Market price analysis indicators help investors to evaluate how Norwegian Cruise 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 Cruise shares will generate the highest return on investment. By understating and applying Norwegian Cruise stock market price indicators, traders can identify Norwegian Cruise position entry and exit signals to maximize returns.

Norwegian Cruise Return and Market Media

The median price of Norwegian Cruise for the period between Sat, Mar 26, 2022 and Fri, Jun 24, 2022 is 18.96 with a coefficient of variation of 19.95. The daily time series for the period is distributed with a sample standard deviation of 3.51, arithmetic mean of 17.59, and mean deviation of 3.13. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
EPS Estimate03/31/2022
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EPS Reported05/10/2022
Acquisition by Daniel Farkas of 51282 shares of Norwegian Cr...05/18/2022
Flat Rock Elementary recognizes Employee of the Month - Moun...05/23/2022
Purchase by Russell Galbut of 50000 shares of Norwegian Crui...05/25/2022
Stocks eke out a gain but still mark worst week since 2020 -...06/17/2022

About Norwegian Cruise 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Norwegian Cruise Ord 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.

Norwegian Cruise Upcoming Company Events

As portrayed in its financial statements, the presentation of Norwegian Cruise's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Norwegian Cruise's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Norwegian Cruise's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Norwegian Cruise. Please utilize our Beneish M Score to check the likelihood of Norwegian Cruise's management manipulating its earnings.
Upcoming Quarterly Report24th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End24th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Norwegian Cruise

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.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Norwegian Cruise Backtesting, Norwegian Cruise Valuation, Norwegian Cruise Correlation, Norwegian Cruise Hype Analysis, Norwegian Cruise Volatility, Norwegian Cruise History and analyze Norwegian Cruise Performance. Note that the Norwegian Cruise Ord information on this page should be used as a complementary analysis to other Norwegian Cruise's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Norwegian Stock analysis

When running Norwegian Cruise Ord price analysis, check to measure Norwegian Cruise'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 Cruise is operating at the current time. Most of Norwegian Cruise's value examination focuses on studying past and present price action to predict the probability of Norwegian Cruise's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Norwegian Cruise's price. Additionally, you may evaluate how the addition of Norwegian Cruise to your portfolios can decrease your overall portfolio volatility.
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Norwegian Cruise technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Norwegian Cruise technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Norwegian Cruise trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...