NCLH monthly performance report
Explore NCLH's monthly returns, drawdown, and seasonality trends — updated every month.
NCLH monthly report
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Key takeaways
- Norwegian Cruise Line Holdings (NCLH) closed November 2026 at $17.96, up 2.22% for the month and −3.23% over the trailing 12 months.
- Year-to-date, NCLH is −19.53%, underperforming the S&P 500 which has returned +10.62% YTD.
- The stock is trading −3.28% versus its 200-day moving average ($18.57), a cautious technical signal.
- Over the past three years, NCLH has underperformed the S&P 500 by −34.27%, with a relative strength index reading of 80.
- Win rate over the trailing 39 months stands at 46.2% — 18 positive months versus 21 negative months.
Norwegian Cruise Line Holdings ended November 2026 at $17.96, posting a monthly return of +2.22%. The S&P 500 returned −0.18% over the same window, leaving relative performance at +2.40%.
The current quarter stands at +22.51% (Q4 2026 (QTD)), while medium-term trend remains soft: price is −3.28% versus the 200-day moving average ($18.57).
Year-to-date, NCLH is −19.53% against SPY +10.62%, a gap of −30.16%. The stock is currently −28.53% below its 52-week high, with maximum 3-year drawdown at −51.43%.
| Period | NCLH | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −0.55% | −0.36% | −0.19% |
| 1 Week | +0.22% | +2.59% | −2.37% |
| 1 Month | +2.22% | −0.18% | +2.40% |
| 3 Months | −1.21% | −2.37% | +1.16% |
| 6 Months | +11.83% | +0.83% | +11.00% |
| YTD | −19.53% | +10.62% | −30.16% |
| 12 Months | −3.23% | +12.25% | −15.48% |
| 3 Years | +37.10% | +71.37% | −34.27% |
| Rank | Month | Return |
|---|---|---|
| #1 | Dec 2023 | +31.24% |
| #2 | Jul 2025 | +26.04% |
| #3 | Oct 2024 | +23.55% |
| #4 | Dec 2025 | +20.91% |
| #5 | Oct 2026 | +19.85% |
| Rank | Month | Return |
|---|---|---|
| #1 | Mar 2026 | −24.57% |
| #2 | Feb 2025 | −19.86% |
| #3 | Nov 2025 | −17.66% |
| #4 | Oct 2023 | −17.48% |
| #5 | Mar 2025 | −16.55% |
| Quarter | Return |
|---|---|
| Q3 2025 | +21.45% |
| Q4 2025 | −9.38% |
| Q1 2026 | −16.22% |
| Q2 2026 | +12.89% |
| Q3 2026 | −30.55% |
| Q4 2026 (QTD) | +22.51% |
| Year | Return |
|---|---|
| 2023 | +63.73% |
| 2024 | +28.39% |
| 2025 | −13.25% |
| 2026 | −19.53% |
| Metric | Value |
|---|---|
| 52-Week High | $25.13 (2026-01-08) |
| 52-Week Low | $13.63 (2026-09-23) |
| Current Price | $17.96 |
| 200-Day Moving Average | $18.57 |
| Price vs 200DMA | −3.28% |
| 3-Year Maximum Drawdown | −51.43% (2026-09-18) |
| Current Drawdown from 52W High | −28.53% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 80 |
| 3-Year Excess Return vs S&P 500 | −34.27% |
| RS Peak | 161.4 (Jan 2025) |
| RS Trough | 61.8 (Sep 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was NCLH's return for this report period?
NCLH returned +2.22% in the latest monthly window ending 2026-11-13.
Has NCLH outperformed SPY year to date?
YTD NCLH: −19.53% vs SPY: +10.62%.
What is NCLH's 12-month return?
−3.23% over the trailing 12 months.
Is NCLH above or below its 200-day moving average?
Price is −3.28% versus 200DMA ($18.57).
What is the maximum drawdown in the 3-year window?
−51.43% on 2026-09-18.