Aakash Exploration (India) Today
| AAKASH Stock | 10.75 0.50 4.88% |
Performance5 of 100
| Odds Of DistressLess than 27
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Aakash Exploration is trading at 10.75 as of the 19th of April 2024, a 4.88% increase since the beginning of the trading day. The stock's open price was 10.25. Aakash Exploration has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Aakash Exploration Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Energy |
Aakash Exploration is entity of India. It is traded as Stock on NSE exchange. The company has 101.25 M outstanding shares. More on Aakash Exploration Services
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Aakash Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aakash Exploration's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aakash Exploration or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Oil & Gas Equipment & Services, Energy, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors) | ||||
Aakash Exploration's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aakash Exploration's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Aakash Exploration's financial leverage. It provides some insight into what part of Aakash Exploration's total assets is financed by creditors.
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Aakash Exploration Services (AAKASH) is traded on National Stock Exchange of India in India and employs 1,228 people. Aakash Exploration is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aakash Exploration's market, we take the total number of its shares issued and multiply it by Aakash Exploration's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Aakash Exploration operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 101.25 M outstanding shares.
Aakash Exploration Services has accumulated about 3.38 M in cash with 214.79 M of positive cash flow from operations.
Check Aakash Exploration Probability Of Bankruptcy
Aakash Stock Price Odds Analysis
What are Aakash Exploration's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Aakash Exploration jumping above the current price in 90 days from now is about 30.66%. The Aakash Exploration Services probability density function shows the probability of Aakash Exploration stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Aakash Exploration has a beta of 0.4944. This suggests as returns on the market go up, Aakash Exploration average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aakash Exploration Services will be expected to be much smaller as well. Additionally, aakash Exploration Services has an alpha of 0.0441, implying that it can generate a 0.0441 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Aakash Exploration to move above the current price in 90 days from now is about 30.66 (This Aakash Exploration Services probability density function shows the probability of Aakash Stock to fall within a particular range of prices over 90 days) .
Aakash Exploration Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aakash Exploration market risk premium is the additional return an investor will receive from holding Aakash Exploration long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Aakash Exploration. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Aakash Exploration's alpha and beta are two of the key measurements used to evaluate Aakash Exploration's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.91 | |||
| Semi Deviation | 2.7 | |||
| Standard Deviation | 3.57 | |||
| Variance | 12.77 |
Aakash Stock Against Markets
Picking the right benchmark for Aakash Exploration stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aakash Exploration stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aakash Exploration is critical whether you are bullish or bearish towards Aakash Exploration Services at a given time. Please also check how Aakash Exploration's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aakash Exploration without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
| All Next | Launch Module |
Aakash Exploration Corporate Management
Elected by the shareholders, the Aakash Exploration's board of directors comprises two types of representatives: Aakash Exploration inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aakash. The board's role is to monitor Aakash Exploration's management team and ensure that shareholders' interests are well served. Aakash Exploration's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aakash Exploration's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Krunal Haria | Whole Director | Profile | |
| Inam | Head HSE | Profile | |
| Vipul Haria | MD Chairman | Profile | |
| Hemang Haria | CFO Director | Profile | |
| Nisha Agarwal | Company officer | Profile |
How to buy Aakash Stock?
Before investing in Aakash Exploration, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aakash Exploration. To buy Aakash Exploration stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aakash Exploration. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Aakash Exploration stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aakash Exploration Services stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Aakash Exploration Services stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Aakash Exploration Services, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Aakash Exploration Services?
The danger of trading Aakash Exploration Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aakash Exploration is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aakash Exploration. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aakash Exploration is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aakash Exploration Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Aakash Stock analysis
When running Aakash Exploration's price analysis, check to measure Aakash Exploration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aakash Exploration is operating at the current time. Most of Aakash Exploration's value examination focuses on studying past and present price action to predict the probability of Aakash Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aakash Exploration's price. Additionally, you may evaluate how the addition of Aakash Exploration to your portfolios can decrease your overall portfolio volatility.
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