Air New Zealand Ltd

10-Year Study

AIZ.AU · Industrials · AU · Common Stock

Executive Summary: Air New Zealand Ltd has compounded at -6.3% annually over the last 10 years, with a maximum drawdown of 72.9% and an annualized volatility of 29.7%.

1Y CAGR
-34.5%
3Y CAGR
-15.0%
5Y CAGR
-14.6%
10Y CAGR
-6.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
72.9%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.17
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.19
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
35.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +48.1%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -35.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
30%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-2.0-5.1-22.31.4————————-26.7%
20254.6-2.65.4-6.93.7-1.8-3.70.00.8-1.01.9-3.8-4.0%
20242.6-4.20.2-10.7-4.00.011.5-4.7-2.6-3.17.47.9-1.9%
20232.91.40.0-3.52.20.71.81.70.4-9.60.0-4.9-7.3%
2022-4.63.7-14.67.7-27.0-12.97.911.91.614.50.7-3.5-21.0%
2021-11.1-0.76.52.6-3.1-7.7-1.02.88.2-0.6-7.0-3.1-15.0%
2020-5.2-19.2-57.850.62.0-4.30.03.6-2.05.630.6-3.8-35.9%
2019-10.6-11.56.34.9-5.17.00.03.9-0.41.62.36.72.8%
2018-2.48.92.40.0-4.92.11.01.7-4.7-6.111.13.811.8%
2017-1.05.86.74.416.213.91.33.2-2.6-4.6-1.70.348.1%
2016———-11.7-8.9-3.45.53.8-10.50.815.11.9-9.9%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 29.7%. The dominant macroeconomic risk driver is VTI.US, accounting for 36.4% of variance. Idiosyncratic stock-specific factors contribute 37.6%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-018827.751196172248
2016-05-018046.251993620414
2016-06-017772.841193893826
2016-07-018202.323991797675
2016-08-018515.607199817727
2016-09-017617.908407382091
2016-10-017681.70426065163
2016-11-018840.28252449305
2016-12-019012.303485987695
2017-01-018925.723399407609
2017-02-019440.64707222602
2017-03-0110072.909546593755
2017-04-0110520.619731146046
2017-05-0112221.462747778538
2017-06-0113923.444976076553
2017-07-0114102.301207564366
2017-08-0114550.011392116652
2017-09-0114175.21075415812
2017-10-0113529.277739804056
2017-11-0113299.156983367508
2017-12-0113344.725449988608
2018-01-0113021.18933697881
2018-02-0114175.21075415812
2018-03-0114514.695830485305
2018-04-0114514.695830485305
2018-05-0113798.131692868536
2018-06-0114085.213032581452
2018-07-0114227.614490772385
2018-08-0114466.84894053315
2018-09-0113779.904306220094
2018-10-0112940.305308726362
2018-11-0114372.294372294373
2018-12-0114915.698336750967
2019-01-0113335.61175666439
2019-02-0111804.511278195489
2019-03-0112542.72043745728
2019-04-0113162.451583504215
2019-05-0112491.455912508545
2019-06-0113368.648894964683
2019-07-0113368.648894964683
2019-08-0113884.711779448622
2019-09-0113834.586466165412
2019-10-0114049.897470950104
2019-11-0114371.155160628845
2019-12-0115336.067441330599
2020-01-0114532.923217133744
2020-02-0111744.133059922533
2020-03-014956.709956709957
2020-04-017464.114832535885
2020-05-017612.2123490544545
2020-06-017287.53702437913
2020-07-017287.53702437913
2020-08-017552.973342447027
2020-09-017404.875825928458
2020-10-017818.409660514923
2020-11-0110208.475734791524
2020-12-019824.561403508773
2021-01-018733.19662793347
2021-02-018673.957621326042
2021-03-019234.44976076555
2021-04-019470.266575529733
2021-05-019175.210754158123
2021-06-018467.760309865573
2021-07-018378.901799954432
2021-08-018614.718614718613
2021-09-019322.169059011165
2021-10-019264.069264069265
2021-11-018614.718614718613
2021-12-018349.282296650717
2022-01-017965.367965367966
2022-02-018261.562998405103
2022-03-017051.720209614947
2022-04-017596.263385737068
2022-05-015542.2647527910685
2022-06-014825.700615174299
2022-07-015207.336523125997
2022-08-015828.20688083846
2022-09-015923.9006607427655
2022-10-016784.005468215994
2022-11-016831.8523581681475
2022-12-016592.617908407382
2023-01-016784.005468215994
2023-02-016879.6992481203
2023-03-016879.6992481203
2023-04-016640.464798359534
2023-05-016784.005468215994
2023-06-016831.8523581681475
2023-07-016951.46958304853
2023-08-017071.086807928914
2023-09-017101.845522898154
2023-10-016422.875370243792
2023-11-016422.875370243792
2023-12-016109.592162223741
2024-01-016266.803372066531
2024-02-016004.784688995215
2024-03-016016.17680565049
2024-04-015371.38300296195
2024-05-015156.071998177261
2024-06-015156.071998177261
2024-07-015747.3228525860095
2024-08-015478.468899521531
2024-09-015333.789017999544
2024-10-015168.603326498063
2024-11-015553.656869446343
2024-12-015993.392572339941
2025-01-016267.942583732058
2025-02-016102.756892230575
2025-03-016434.267486899065
2025-04-015987.696514012303
2025-05-016210.982000455685
2025-06-016099.3392572339935
2025-07-015874.914559125086
2025-08-015874.914559125086
2025-09-015923.9006607427655
2025-10-015866.940077466394
2025-11-015980.861244019139
2025-12-015753.018910913647
2026-01-015639.097744360903
2026-02-015354.294827979038
2026-03-014158.12257917521
2026-04-014215.083162451583
Annual Return Matrix
YearAnnual Return
20170.4807230438629755
20180.11772238347276764
20190.028182998548843097
2020-0.359381964046947
2021-0.15016233766233777
2022-0.21039705280392962
2023-0.07326766891308101
2024-0.019019205668469152
2025-0.0401064436418932
2026-0.26732673267326734
Total Factor Risk
0.29744228554625385
VTI.US Exposure
0.3635485684313757
VEA.US Exposure
0.19875442169209473
VWO.US Exposure
-0.013933249050520416
QQQ.US Exposure
-0.02820698962066248
VTV.US Exposure
-0.028489103848426414
IJR.US Exposure
-0.01369802966849481
QUAL.US Exposure
-0.02246238156194012
SHV.US Exposure
0.011677762231118775
TLT.US Exposure
-0.006041667963314298
LQD.US Exposure
-0.004624042850062384
HYG.US Exposure
0.013830923110309748
GLD.US Exposure
0.024987424869638807
USO.US Exposure
0.06153110764797047
VNQ.US Exposure
-0.005648094526472749
BTC-USD.CC Exposure
0.006063041388540849
CPER.US Exposure
0.002246756294862017
VIX.INDX Exposure
-0.012432684720883496
UUP.US Exposure
0.05104307528268687
TIP.US Exposure
0.026196860490253975
Idiosyncratic Exposure
0.37565630237192515
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
42.7
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
29.7%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →3.56%
Market Cap$1.2B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-12.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-25.2%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
33.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.41
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Air New Zealand Ltd a high-risk investment?

Air New Zealand Ltd (AIZ.AU) has an annualized volatility of 29.7% and experienced a maximum drawdown of 72.9% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of AIZ.AU?

Over the past 10 years, AIZ.AU has generated a Compound Annual Growth Rate (CAGR) of -6.3%. It has had a positive return in 30% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on Air New Zealand Ltd

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest