Nordic American Tankers Stock Price Prediction
| NAT Stock | USD 3.97 0.01 0.25% |
Oversold Vs Overbought
38
Oversold | Overbought |
Nordic American Tankers stock price prediction is an act of determining the future value of Nordic American shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Nordic American's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Nordic American and does not consider all of the tangible or intangible factors available from Nordic American's fundamental data. We analyze noise-free headlines and recent hype associated with Nordic American Tankers, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Nordic American's stock price prediction:Quarterly Earnings Growth (0.52) | EPS Estimate Next Quarter 0.1 | EPS Estimate Current Year 0.57 | EPS Estimate Next Year 0.72 | Wall Street Target Price 6.12 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Nordic American based on different types of headlines from major news networks to social media. The Nordic stock price prediction module provides an analysis of price elasticity to changes in media outlook on Nordic American over a specific investment horizon. Using Nordic American hype-based prediction, you can estimate the value of Nordic American Tankers from the perspective of Nordic American response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Nordic American using Nordic American's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Nordic using crowd psychology based on the activity and movement of Nordic American's stock price.
Nordic American Implied Volatility | 25.65 |
Nordic American's implied volatility exposes the market's sentiment of Nordic American Tankers stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nordic American's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nordic American stock will not fluctuate a lot when Nordic American's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Nordic American. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Nordic American to buy its stock at a price that has no basis in reality. In that case, they are not buying Nordic because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Nordic American after-hype prediction price | USD 3.97 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Nordic |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nordic American's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nordic American After-Hype Price Prediction Density Analysis
As far as predicting the price of Nordic American at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Nordic American or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Nordic American, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Nordic American Estimiated After-Hype Price Volatility
In the context of predicting Nordic American's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nordic American's historical news coverage. Nordic American's after-hype downside and upside margins for the prediction period are 2.54 and 5.40, respectively. We have considered Nordic American's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Nordic American is somewhat reliable at this time. Analysis and calculation of next after-hype price of Nordic American Tankers is based on 3 months time horizon.
Nordic American Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Nordic American is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nordic American backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Nordic American, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.00 | 1.43 | 0.00 | 0.00 | 9 Events / Month | 6 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
3.97 | 3.97 | 0.00 |
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Nordic American Hype Timeline
On the 4th of May Nordic American Tankers is traded for 3.97. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Nordic is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on Nordic American is about 2243.14%, with the expected price after the next announcement by competition of 3.97. About 46.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.51. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nordic American Tankers last dividend was issued on the 19th of March 2024. The entity had 1008:1000 split on the 10th of August 2017. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Nordic American Basic Forecasting Models to cross-verify your projections.Nordic American Related Hype Analysis
Having access to credible news sources related to Nordic American's direct competition is more important than ever and may enhance your ability to predict Nordic American's future price movements. Getting to know how Nordic American's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Nordic American may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DAC | Danaos | (1.38) | 10 per month | 1.12 | (0.01) | 2.50 | (1.79) | 6.13 | |
| GSL | Global Ship Lease | 0.04 | 11 per month | 2.03 | 0.05 | 1.90 | (2.21) | 10.59 | |
| ESEA | Euroseas | 0.41 | 10 per month | 0.00 | (0.04) | 4.51 | (4.86) | 22.06 | |
| NMM | Navios Maritime Partners | 0.67 | 9 per month | 1.15 | 0.22 | 5.22 | (1.81) | 18.70 | |
| GNK | Genco Shipping Trading | 0.36 | 10 per month | 1.25 | 0.19 | 2.52 | (2.00) | 10.16 | |
| CMRE | Costamare | (0.02) | 8 per month | 1.61 | 0.10 | 3.13 | (2.54) | 9.33 | |
| SBLK | Star Bulk Carriers | (0.56) | 13 per month | 1.52 | 0.1 | 2.59 | (2.34) | 7.66 | |
| GOGL | Golden Ocean Group | (0.03) | 11 per month | 1.23 | 0.25 | 3.75 | (2.08) | 9.94 |
Nordic American Additional Predictive Modules
Most predictive techniques to examine Nordic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nordic using various technical indicators. When you analyze Nordic charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Nordic American Predictive Indicators
The successful prediction of Nordic American stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Nordic American Tankers, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Nordic American based on analysis of Nordic American hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Nordic American's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nordic American's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0353 | 0.0367 | 0.1 | 0.13 | Price To Sales Ratio | 1.4 | 1.82 | 3.34 | 6.19 |
Story Coverage note for Nordic American
The number of cover stories for Nordic American depends on current market conditions and Nordic American's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nordic American is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Nordic American's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Nordic American Short Properties
Nordic American's future price predictability will typically decrease when Nordic American's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nordic American Tankers often depends not only on the future outlook of the potential Nordic American's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nordic American's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 208.8 M | |
| Cash And Short Term Investments | 33.4 M |
Check out Nordic American Basic Forecasting Models to cross-verify your projections. Note that the Nordic American Tankers information on this page should be used as a complementary analysis to other Nordic American'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 the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Nordic Stock analysis
When running Nordic American's price analysis, check to measure Nordic American'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 Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.
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Is Nordic American's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordic American. If investors know Nordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordic American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.52) | Dividend Share 0.46 | Earnings Share 0.47 | Revenue Per Share 1.876 | Quarterly Revenue Growth (0.22) |
The market value of Nordic American Tankers is measured differently than its book value, which is the value of Nordic that is recorded on the company's balance sheet. Investors also form their own opinion of Nordic American's value that differs from its market value or its book value, called intrinsic value, which is Nordic American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordic American's market value can be influenced by many factors that don't directly affect Nordic American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordic American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordic American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.