American Shipping (Norway) Performance
| AMSC Stock | NOK 30.35 1.20 4.12% |
American Shipping has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning American Shipping are expected to decrease at a much lower rate. During the bear market, American Shipping is likely to outperform the market. American Shipping right now shows a risk of 2.01%. Please confirm American Shipping downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if American Shipping will be following its price patterns.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in American Shipping are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, American Shipping may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
| Begin Period Cash Flow | 35.7 M |
American |
American Shipping Relative Risk vs. Return Landscape
If you would invest 2,740 in American Shipping on January 31, 2024 and sell it today you would earn a total of 295.00 from holding American Shipping or generate 10.77% return on investment over 90 days. American Shipping is generating 0.1874% of daily returns and assumes 2.0121% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than American, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
American Shipping Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Shipping's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as American Shipping, and traders can use it to determine the average amount a American Shipping'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 = 0.0931
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AMSC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average American Shipping is performing at about 7% of its full potential. 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 American Shipping by adding it to a well-diversified portfolio.
American Shipping Fundamentals Growth
American Stock prices reflect investors' perceptions of the future prospects and financial health of American Shipping, and American Shipping 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 American Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0431 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.56 % | |||
| Current Valuation | 7.8 B | |||
| Shares Outstanding | 71.86 M | |||
| Price To Earning | 367.55 X | |||
| Price To Book | 1.86 X | |||
| Price To Sales | 34.96 X | |||
| Revenue | 88.19 M | |||
| EBITDA | 87.34 M | |||
| Cash And Equivalents | 48.9 M | |||
| Cash Per Share | 0.81 X | |||
| Total Debt | 511.76 M | |||
| Debt To Equity | 341.60 % | |||
| Book Value Per Share | 2.48 X | |||
| Cash Flow From Operations | 58.36 M | |||
| Earnings Per Share | 3.30 X | |||
| Total Asset | 713.56 M | |||
| Current Asset | 45 M | |||
| Current Liabilities | 37 M | |||
About American Shipping Performance
To evaluate American Shipping Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when American Shipping generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare American Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand American Shipping market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents American's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.American Shipping Company ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. American Shipping Company ASA was founded in 2005 and is headquartered in Lysaker, Norway. AMER SHIPPING operates under Shipping Ports classification in Norway and is traded on Oslo Stock Exchange. It employs 3 people.Things to note about American Shipping performance evaluation
Checking the ongoing alerts about American Shipping for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for American Shipping help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| American Shipping has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 30.0% of the company shares are held by company insiders |
- Analyzing American Shipping'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 American Shipping's stock is overvalued or undervalued compared to its peers.
- Examining American Shipping'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 American Shipping's management team can have a significant impact on its success or failure. Reviewing the track record and experience of American Shipping's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of American Shipping's stock. These opinions can provide insight into American Shipping's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Shipping. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for American Stock analysis
When running American Shipping's price analysis, check to measure American Shipping'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 American Shipping is operating at the current time. Most of American Shipping's value examination focuses on studying past and present price action to predict the probability of American Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Shipping's price. Additionally, you may evaluate how the addition of American Shipping to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |