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 September 2026 at $14.53, down 9.98% for the month and −43.20% over the trailing 12 months.
- Year-to-date, NCLH is −34.90%, underperforming the S&P 500 which has returned +10.58% YTD.
- The stock is trading −26.40% versus its 200-day moving average ($19.74), a cautious technical signal.
- Over the past three years, NCLH has underperformed the S&P 500 by −85.74%, with a relative strength index reading of 49.9.
- Win rate over the trailing 39 months stands at 43.6% — 17 positive months versus 22 negative months.
Norwegian Cruise Line Holdings ended September 2026 at $14.53, posting a monthly return of −9.98%. The S&P 500 returned −1.69% over the same window, leaving relative performance at −8.28%.
The current quarter stands at −31.17% (Q3 2026 (QTD)), while medium-term trend remains soft: price is −26.40% versus the 200-day moving average ($19.74).
Year-to-date, NCLH is −34.90% against SPY +10.58%, a gap of −45.48%. The stock is currently −46.54% below its 52-week high, with maximum 3-year drawdown at −50.88%.
| Period | NCLH | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | +1.75% | −0.44% | +2.19% |
| 1 Week | −2.15% | −1.10% | −1.06% |
| 1 Month | −9.98% | −1.69% | −8.28% |
| 3 Months | −25.22% | −0.10% | −25.12% |
| 6 Months | −28.95% | +13.21% | −42.16% |
| YTD | −34.90% | +10.58% | −45.48% |
| 12 Months | −43.20% | +14.25% | −57.45% |
| 3 Years | −15.67% | +70.07% | −85.74% |
| Rank | Month | Return |
|---|---|---|
| #1 | Dec 2023 | +31.24% |
| #2 | Jul 2025 | +26.04% |
| #3 | Oct 2024 | +23.55% |
| #4 | Dec 2025 | +20.91% |
| #5 | Jun 2026 | +15.10% |
| Rank | Month | Return |
|---|---|---|
| #1 | Aug 2023 | −24.92% |
| #2 | Mar 2026 | −24.57% |
| #3 | Feb 2025 | −19.86% |
| #4 | Nov 2025 | −17.66% |
| #5 | Oct 2023 | −17.48% |
| Quarter | Return |
|---|---|
| Q2 2025 | +6.96% |
| Q3 2025 | +21.45% |
| Q4 2025 | −9.38% |
| Q1 2026 | −16.22% |
| Q2 2026 | +12.89% |
| Q3 2026 (QTD) | −31.17% |
| Year | Return |
|---|---|
| 2023 | +63.73% |
| 2024 | +28.39% |
| 2025 | −13.25% |
| 2026 | −34.90% |
| Metric | Value |
|---|---|
| 52-Week High | $27.18 (2025-09-12) |
| 52-Week Low | $14.19 (2026-09-15) |
| Current Price | $14.53 |
| 200-Day Moving Average | $19.74 |
| Price vs 200DMA | −26.40% |
| 3-Year Maximum Drawdown | −50.88% (2026-09-15) |
| Current Drawdown from 52W High | −46.54% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 49.9 |
| 3-Year Excess Return vs S&P 500 | −85.74% |
| RS Peak | 124.5 (Jan 2025) |
| RS Trough | 48.9 (Sep 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was NCLH's return for this report period?
NCLH returned −9.98% in the latest monthly window ending 2026-09-16.
Has NCLH outperformed SPY year to date?
YTD NCLH: −34.90% vs SPY: +10.58%.
What is NCLH's 12-month return?
−43.20% over the trailing 12 months.
Is NCLH above or below its 200-day moving average?
Price is −26.40% versus 200DMA ($19.74).
What is the maximum drawdown in the 3-year window?
−50.88% on 2026-09-15.