Tsakos Story

TNP -- USA Stock

USD 8.89 0.01 0.11%

Macroaxis Story

As many millenniums are excited about energy space, it is only fair to recap Tsakos Energy Navigation against current market trends. As expected, Tsakos Energy is starting to reaffirm its true potential as insiders are becoming more and more confident in the future outlook. Enough of the dispositions of the company stock price movements has been a presentation of what is happening in the market overall. The symptom of healthy basic indicators of the firm suggests a short-term price swing for insiders of Tsakos. Tsakos Energy Navigation is scheduled to announce its earnings today.

Published over a month ago

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Is Tsakos Energy (NYSE:TNP) about to rebound?

Tsakos Energy Navigation'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.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Tsakos Energy's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Tsakos Energy in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tsakos Energy. Your research has to be compared to or analyzed against Tsakos Energy's peers to derive any actionable benefits. When done correctly, Tsakos Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Tsakos Energy Navigation.

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

A Deeper look at Tsakos

The entity has a beta of 1.3231. Let's try to break down what Tsakos's beta means in this case. As returns on the market increase, Tsakos Energy returns are expected to increase less than the market. However, during the bear market, the loss on holding Tsakos Energy will be expected to be smaller as well. The beta indicator helps investors understand whether Tsakos Energy moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Tsakos deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm reported the last year's revenue of 676.06 M. Total Income to common stockholders was 15.02 M with profit before taxes, overhead, and interest of 280.6 M.

Will Tsakos pull back in December 2020?

The variance is down to 11.24 as of today. As of the 23rd of November, Tsakos Energy has the coefficient of variation of (4,070), and Risk Adjusted Performance of (0.024368). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tsakos Energy Navigation, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Tsakos Energy Navigation, which can be compared to its competition. Please validate Tsakos Energy Navigation mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Tsakos Energy is priced more or less accurately, providing market reflects its prevalent price of 8.01 per share. Given that Tsakos Energy Navigation has jensen alpha of (0.20), we advise you to double-check Tsakos Energy Navigation's current market performance to make sure the company can sustain itself at a future point.

The Current Takeaway on Tsakos Energy Investment

Although some other entities under the oil & gas midstream industry are still a bit expensive, Tsakos Energy may offer a potential longer-term growth to insiders. Taking everything into account, as of the 23rd of November 2020, we believe that Tsakos Energy is currently overvalued with close to average probability of distress in the next two years. Our actual 30 days 'Buy-Sell' recommendation on the firm is Cautious Hold.

About Contributor

Gabriel Shpitalnik is a Member of Macroaxs Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies. View Profile

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 Gabriel Shpitalnik 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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Tsakos Story

USD 8.89 0.01 0.11%

How does Tsakos Stands against Peers?

What do experts say?

A Deeper look at Tsakos

Will Tsakos pull back in December 2020?

The Current Takeaway on Tsakos Energy Investment

About Contributor

Would you like to provide feedback on the content of this article?

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