Aban Offshore (India) Today
| ABAN Stock | 69.95 1.45 2.12% |
Performance6 of 100
| Odds Of DistressLess than 47
|
Aban Offshore is selling for under 69.95 as of the 23rd of April 2024; that is 2.12% increase since the beginning of the trading day. The stock's lowest day price was 67.9. Aban Offshore has 47 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Aban Offshore Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Energy |
Aban Offshore is entity of India. It is traded as Stock on NSE exchange. The company has 58.37 M outstanding shares. More on Aban Offshore Limited
Moving together with Aban Stock
| 0.62 | MRF | MRF Limited | PairCorr |
Moving against Aban Stock
| 0.44 | JIOFIN | JIO Financial Services | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Aban 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. Aban Offshore's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aban Offshore or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Outsourcing (View all Themes) | ||||
| Business Concentration | Energy Equipment & Services, Oil & Gas Drilling, Energy, Outsourcing, Energy, Energy Equipment & Services, Oil & Gas Drilling, Energy (View all Sectors) | ||||
Aban Offshore's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aban Offshore'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 Aban Offshore's financial leverage. It provides some insight into what part of Aban Offshore's total assets is financed by creditors.
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Aban Offshore Limited (ABAN) is traded on National Stock Exchange of India in India and employs 39 people. Aban Offshore is listed under Energy Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aban Offshore's market, we take the total number of its shares issued and multiply it by Aban Offshore'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. Aban Offshore Limited operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 58.37 M outstanding shares.
Aban Offshore Limited has accumulated about 0 in cash with 1.3 B of positive cash flow from operations.
Check Aban Offshore Probability Of Bankruptcy
Ownership AllocationAban Offshore holds a total of 58.37 Million outstanding shares. Aban Offshore Limited retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Aban Ownership Details
Aban Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Aban Offshore jumping above the current price in 90 days from now is about 39.16%. The Aban Offshore Limited probability density function shows the probability of Aban Offshore stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Aban Offshore has a beta of 0.5932. This suggests as returns on the market go up, Aban Offshore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aban Offshore Limited will be expected to be much smaller as well. Additionally, aban Offshore Limited has an alpha of 0.2487, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Aban Offshore to move above the current price in 90 days from now is about 39.16 (This Aban Offshore Limited probability density function shows the probability of Aban Stock to fall within a particular range of prices over 90 days) .
Aban Offshore Limited Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aban Offshore market risk premium is the additional return an investor will receive from holding Aban Offshore 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 Aban Offshore. 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 Aban Offshore's alpha and beta are two of the key measurements used to evaluate Aban Offshore's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.38 | |||
| Semi Deviation | 3.31 | |||
| Standard Deviation | 4.75 | |||
| Variance | 22.55 |
Aban Stock Against Markets
Picking the right benchmark for Aban Offshore 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 Aban Offshore 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 Aban Offshore is critical whether you are bullish or bearish towards Aban Offshore Limited at a given time. Please also check how Aban Offshore'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 Aban Offshore 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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Aban Offshore Corporate Management
Elected by the shareholders, the Aban Offshore's board of directors comprises two types of representatives: Aban Offshore inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aban. The board's role is to monitor Aban Offshore's management team and ensure that shareholders' interests are well served. Aban Offshore'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, Aban Offshore's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Vinod Pillai | Vice Administration | Profile | |
| S Balaji | Deputy Secretary | Profile | |
| Vijay Saheta | Vice Accounts | Profile | |
| B Shivakumar | Gen Operations | Profile | |
| Steve Ogston | General Operations | Profile | |
| T Karmakar | Deputy Operations | Profile | |
| Ramasubramonian | VP Devel | Profile |
How to buy Aban Stock?
Before investing in Aban Offshore, 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 Aban Offshore. To buy Aban Offshore stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aban Offshore. 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 Aban Offshore stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aban Offshore Limited 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 Aban Offshore Limited 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 Aban Offshore Limited, 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 Aban Offshore Limited?
The danger of trading Aban Offshore Limited 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 Aban Offshore 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 Aban Offshore. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aban Offshore Limited 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 Aban Offshore Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Aban Stock analysis
When running Aban Offshore's price analysis, check to measure Aban Offshore'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 Aban Offshore is operating at the current time. Most of Aban Offshore's value examination focuses on studying past and present price action to predict the probability of Aban Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aban Offshore's price. Additionally, you may evaluate how the addition of Aban Offshore to your portfolios can decrease your overall portfolio volatility.
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