Tsakos Story

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TNP -- USA Stock  

USD 8.36  0.14  1.70%

As many millenniums are excited about energy space, it is only fair to recap Tsakos Energy Navigation against current market trends. While the market posted solid gains today, things may not be as exiting for Tsakos Energy in the long run. Enough of the dispositions of the company stock price movements has been a presentation of what is happening in the market overall. Healthy basic indicators of the firm may also hint at signals of long period gains for Tsakos insiders. Tsakos Energy Navigation is scheduled to announce its earnings today.
Published over a month ago
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Will Tsakos Energy (NYSE:TNP) continue to decline in October?
The entity's average rating is Buy from 9 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Tsakos Energy market sentiment investors' perception of the future value of Tsakos. Let us look at a few aspects of Tsakos technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Tsakos Energy Navigation. In general, we focus on analyzing Tsakos Energy stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tsakos Energy's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Tsakos Energy's intrinsic value. In addition to deriving basic predictive indicators for Tsakos Energy, we also check how macroeconomic factors affect Tsakos Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Tsakos Stands against Peers?

Analyzing Tsakos Energy competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Tsakos Energy across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Tsakos Energy Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Tsakos Energy, but it might be worth checking our own buy vs. sell analysis

Closer look at Tsakos Energy Semi Variance

Tsakos Energy Navigation has current Semi Variance of 4.27. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.

Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.

Semi Variance 
 = 
SUM(RET DEV)2 
N(ZERO) 
 = 
4.27
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero
Let's now compare Tsakos Energy Semi Variance to its closest peers:
TNP
TRP
WMB
LNG
TNP4.2727244248942675
TRP1.77
WMB2.57
LNG4.2

Anything left for Tsakos Energy after the decline?

Information ratio is down to 0.11. It may hint at a possible volatility decline. Tsakos Energy Navigation is displaying above-average volatility over the selected time horizon. Investors should scrutinize Tsakos Energy Navigation independently to ensure intended market timing strategies are aligned with expectations about Tsakos Energy volatility.

Our Conclusion on Tsakos Energy

Although some companies in the oil & gas midstream industry are either recovering or due for a correction, Tsakos Energy may not be performing as strong as the other in terms of long-term growth potentials. To conclude, as of the 23rd of September 2020, our analysis shows that Tsakos Energy hyperactively responds to market trends. The firm is fairly valued and projects below average chance of financial distress for the next 2 years. Our ongoing 30 days buy vs. sell advice on the firm is Strong Buy.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Tsakos Energy Navigation. Please refer to our Terms of Use for any information regarding our disclosure principles.

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