Nordic American Tankers Limited (NAT)

New York Stock Exchange
USD
BMG657731060
30 September 1997  –  21 January 2025

Performance

Annualized Return
2.97%
Sharpe Ratio
0.29
Maximum Drawdown
-90.75%
Created with Highcharts 11.4.7Cumulative ReturnZoom3m6mYTD1y5yAll30 Sep 199721 Jan 2025All ▾1998200020022004200620082010201220142016201820202022202420002000200420042008200820122012201620162020202020242024-250%0%+ 250%+ 500%+ 750%+ 1000%

Metrics

Metric Nordic American Tankers Limited
Initial Balance $10,000
Final Balance $22,271
Returns   [View more details]
Month-To-Date 6.4%
Year-To-Date 6.4%
3M -25.49%
6M -26.46%
Annual Return (3Y) 30.79%
Annual Return (5Y) -2.2%
Annual Return (All) 2.97%
Risk   [View more details]
Annual Volatility 46.1%
Max Drawdown -90.75%
Sharpe Ratio 0.29
Sortino Ratio 0.44
Adjusted Sortino (S/√2) 0.31

  • Initial balance: The amount of starting capital used to invest in the asset or portfolio. In this case, we're starting with a $10,000 investment on September 1997.
  • Final balance: The amount of capital we've accrued over time as of January 2025.
  • Annual return: Also known as annualized return, or CAGR (Compound Annual Growth Rate), measures how much an investment has increased on average each year, during a specific time period. The time period in this case is approximately 27 year(s). Even a small difference in return can have a big impact on the final balance over a long period of time.
  • Annual volatility: Basically indicates how much, in percentage points, the investment can deviate from its annual return, under most circumstances. An investment with an annual return of 5% and an annual volatility of 10% would indicate returns from approximately -5% to 15% most of the time. A lower volatility is usually preferred to ensure more steady returns over time.
  • Best year: The best performance attained over its lifetime in a given year.
  • Worst year: The worst performance undergone over its lifetime in a given year.
  • Max drawdown: The largest percentage drop from a peak to a trough of an asset or portfolio, before a new peak is attained. Maximum drawdown is an indicator of downside risk over a specified time period.
  • Sharpe Ratio: The Sharpe ratio measures the performance of an investment compared to a risk-free asset, after adjusting for its risk. A Sharpe Ratio above 1 is considered good.
  • Sortino Ratio: The Sortino Ratio is a variation of the Sharpe ratio that only penalizes the investment for negative volatility/outcomes, and not for positive volatility. A Sortino Ratio above 1 is considered good.
  • Adjusted Sortino Ratio: Sortino Ratio/√2. To allow for comparing the Sortino ratio to the Sharpe ratio, we multiply the risk measure of the Sortino ratio by the square root of 2 (which is the same as dividing the Sortino ratio by the square root of 2).
  • Ulcer Index: The Ulcer Index (UI) is a technical indicator that measures downside risk in terms of both the depth and duration of price declines.
  • Gain to Pain Ratio: The sum of all returns divided by the absolute value of the sum of all negative returns. In essence, the GPR shows the ratio of net returns to the losses incurred in getting those returns.

Annualized Returns

Created with Highcharts 11.4.7Annualized ReturnsNordic American Tankers LimitedAnnual Return 1yAnnual Return 3yAnnual Return 5yAnnual Return 10yAnnual Return 20yAnnual Return-40%-20%0%20%40%
Annual Return 1y Annual Return 3y Annual Return 5y Annual Return 10y Annual Return 20y Annual Return
Nordic American Tankers Limited -34.24 30.79 -2.2 -6.69 -5.21 2.97

Annual Returns

Created with Highcharts 11.4.7Annual ReturnsNordic American Tankers Limited19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025-100%-50%0%50%100%150%200%250%
Year Nordic American Tankers Limited
1997 -10.58%
1998 -23.23%
1999 3.85%
2000 118.9%
2001 -15.22%
2002 8.68%
2003 37.43%
2004 209.09%
2005 -18.85%
2006 40.36%
2007 6.61%
2008 17.84%
2009 -4.05%
2010 -8.09%
2011 -51.07%
2012 -19.55%
2013 19.09%
2014 12.87%
2015 70.54%
2016 -39.84%
2017 -68.13%
2018 -16.12%
2019 148.77%
2020 -32.82%
2021 -41.48%
2022 87.9%
2023 55.83%
2024 -34.67%
2025 6.4%

Nordic American Tankers Limited had 15 positive years and 14 negative years. That's a positive ratio of 52%.

Monthly Returns

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
1997 - - - - - - - - 0% -5.8% 0.7% -5.7% -10.6%
1998 -3.7% 0.8% 2.4% -2.2% 0.8% -2.8% -5.6% -5% -2.9% 1.5% -0% -8.9% -23.2%
1999 -3.7% 4.7% 2.2% -2.8% 6.3% -0.5% 5.2% 6.4% -4% -9.8% 0% 1.2% 3.9%
2000 2.1% 6% 13.5% 17.4% -3.5% 20.7% 4.8% 13.3% 13.1% 3.8% -16.4% 11.9% 118.9%
2001 -3.6% 3.3% 7% 9.7% -0.2% -16.6% 0.9% 6.6% -15.6% -3.4% -1.1% 0.4% -15.2%
2002 4.2% -4.2% 13.2% -3.3% 0.1% -5.6% -11.1% -4.2% -6% 3% 9.3% 16.8% 8.7%
2003 5.1% 1.1% 2.2% 6.1% 12.4% -7.4% 3.8% -1.1% -0.4% -7.9% 6.5% 14.5% 37.4%
2004 12.9% 20.3% 35.2% -1.4% 12.4% 21.3% 3.2% -11.9% 17.6% 12.9% 7.3% -3.4% 209.1%
2005 24.7% 18.9% -15.3% -1.8% -12% 6.1% 7.3% -7.3% -8.8% -13.3% 2.1% -12.2% -18.9%
2006 11.4% -1.3% -3.5% 15.7% -2.4% 17.2% 6.6% -4.4% -3.8% -0.7% -2.3% 5.3% 40.4%
2007 3.8% -4.2% 9.8% 6.3% 5.7% 3.6% -2.8% -4.1% 6.4% -1.4% -10.5% -4.1% 6.6%
2008 -4.9% -7.7% -1.2% 20.4% 16.8% 1.5% 2.8% -8.1% -8.9% -7.5% 3.6% 15.5% 17.8%
2009 -15.1% -8.2% 14.8% 10.8% 6.1% -5.1% -3.6% -1.3% -0.6% -4.3% 13.3% -6.2% -4.1%
2010 -1.1% -1.2% 4.2% 3.2% -7.3% -1.1% 2.1% -5.8% 1.1% -2.7% 0.3% 0.6% -8.1%
2011 -6% 1.2% 1.4% -7.5% 2.9% -2.7% -9.9% -10.9% -21.5% 2.3% -11.3% -4.3% -51.1%
2012 15.6% 2.9% 13.7% -8.6% -11.7% 8.2% -13.8% 2.5% -13.9% -16.7% 11.7% -3.7% -19.6%
2013 0.5% 3.5% 29.2% -21.5% -6% -9.7% 27.2% -18.9% 7.2% -1% 1.3% 19.8% 19.1%
2014 12.8% -2.2% -6.9% -12.3% -2.6% 16.5% -7.2% 5.2% -12.3% 8.2% 6% 12.4% 12.9%
2015 2.5% 1.1% 16.4% 2.7% 8.9% 10.2% 8.3% -9.3% 11.5% 3% -3.1% 5% 70.5%
2016 -15.6% 8.7% 2% 9.4% 2.5% -9.6% -11.5% -14.8% -1.5% -16.9% 5% -2.1% -39.8%
2017 2.9% -5.9% 3% 1.5% -26.2% 6.4% -7.3% -17.3% 12.7% -16.9% -9.5% -38.4% -68.1%
2018 -6.1% -8.3% -7.2% -3.1% 26.6% 13.1% -16.1% 0.1% -6.3% 23.9% 14.3% -32.2% -16.1%
2019 2.5% 10.7% -11% 5.9% -4.7% 14.7% -13.7% -11.4% 21.4% 65.7% 1.1% 36.7% 148.8%
2020 -31.3% -2.4% 40.7% 32.9% -21.8% -11.2% 12.1% 0.5% -20% -16.6% 9.6% -6.4% -32.8%
2021 0.3% 0.3% 10.1% 1.9% 5.1% -5.2% -20.4% -9.2% 8.5% -8.2% -15.7% -14.2% -41.5%
2022 -8.3% 56.1% -11.6% 20.2% -19.9% 4.9% 12.7% 8.3% 3.7% 15.7% 17.2% -14.3% 87.9%
2023 -0.7% 45.7% -7.3% -10.9% -0.6% 9% 19.6% -10.9% 9.1% 11.4% -15.5% 9.8% 55.8%
2024 6% -8.5% -0.7% -0.5% 6.2% -1% -6.3% -0.3% 2% -10.9% -18% -6.7% -34.7%
2025 6.4% - - - - - - - - - - - 6.4%
Pos 57.1% 59.3% 66.7% 55.6% 51.9% 51.9% 51.9% 29.6% 44.4% 39.3% 61.5% 46.4% 51.7%
Avg 0.5% 4.9% 5.8% 3.3% -0.2% 2.8% -0.5% -4.2% -0.5% 0.3% 0.2% -0.5% 15.9%

Other Return Metrics

Metric Nordic American Tankers Limited
Cumulative Return 122.71%
Enh Ann Return 11.83%
Best Year 209.09%
Worst Year -68.13%
Best Month 65.74%
Worst Month -38.35%
Best Day 29.43%
Worst Day -27.79%
Win Ratio (Yearly) 51.72%
Win Ratio (Quarterly) 49.09%
Win Ratio (Monthly) 51.07%
Win Ratio (Daily) 50.25%

Annual Volatility

Created with Highcharts 11.4.7Annual VolatilityNordic American Tankers LimitedAnnual Volatility 1yAnnual Volatility 3yAnnual Volatility 5yAnnual Volatility 10yAnnual Volatility 20yAnnual Volatility0%20%40%60%80%
Annual Volatility 1y Annual Volatility 3y Annual Volatility 5y Annual Volatility 10y Annual Volatility 20y Annual Volatility
Nordic American Tankers Limited 30.8 56.29 64.38 58.21 49.45 46.1

Sharpe Ratio

Created with Highcharts 11.4.7Sharpe RatioNordic American Tankers LimitedSharpe Ratio 1ySharpe Ratio 3ySharpe Ratio 5ySharpe Ratio 10ySharpe Ratio 20ySharpe Ratio-2-101
Sharpe Ratio 1y Sharpe Ratio 3y Sharpe Ratio 5y Sharpe Ratio 10y Sharpe Ratio 20y Sharpe Ratio
Nordic American Tankers Limited -1.21 0.76 0.28 0.17 0.14 0.29

3-Year Rolling Sharpe Ratio

The rolling Sharpe Ratio gives a clue about the continued consistency or stability of the risk-adjusted returns.

Created with Highcharts 11.4.73-Year Rolling Sharpe RatioNordic American Tankers Limited200220042006200820102012201420162018202020222024-2-10+ 1+ 2

Drawdown Periods

Simply said, a drawdown is the "pain" period experienced by an investor between a peak (new highs) and subsequent valley (a low point before moving higher). In the table below are the fifth largest drawdowns encountered for the portfolio/asset in question.

Nordic American Tankers Limited

Start Valley End Days Drawdown
2009-05-11 2022-02-03 - 5734 -90.75%
2005-03-01 2005-12-27 2007-07-03 854 -45.36%
2001-06-06 2002-10-10 2003-05-23 716 -45.02%
1997-10-17 1999-02-08 2000-04-20 916 -38.95%
2007-07-12 2008-03-10 2008-05-20 313 -37.78%

The Nordic American Tankers Limited took approximately 57 months on average to recover from a major drawdown. The longest drawdown lasted 191 months.

Underwater plot

The underwater plot shows you the drawdown periods on a chart. Whereas the performance chart usually gives you a positive viewpoint, the underwater plot gives you a pessimistic viewpoint. It helps you to visualize downtrends that occurred and how long it took for the portfolio's value to rebound to hit a new high after suffering a loss.

Created with Highcharts 11.4.7UnderwaterNordic American Tankers Limited19982000200220042006200820102012201420162018202020222024-100%-80%-60%-40%-20%0%

Other Risk Metrics

Metric Nordic American Tankers Limited
Sharpe Ratio 0.29
Sortino Ratio 0.44
Adjusted Sortino (S/√2) 0.31
Calmar Ratio 0.03
Omega Ratio 1.06
Gain to Pain Ratio 0.06
Ulcer Index 0.52
Kelly Criterion 2.71%
Skew 0.61
Kurtosis 10
End of: Summary