NAVITAS PETROLEUM (Israel) Today

NAVITAS PETROLEUM is trading at 1433.00 as of the 23rd of September 2021, a -2.52 percent decrease since the beginning of the trading day. The stock's open price was 1470.0. Equity ratings for NAVITAS PETROLEUM are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of July 2020 and ending today, the 23rd of September 2021. Click here to learn more.
Valuation
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NAVITAS PETROLEUM Stock Profile

Navitas Petroleum, Limited Partnership explores and produces oil and natural gas. Its asset portfolio includes Buckskin, Shenandoah, and Shenandoah South projects Neches oil property and exploration prospects in the United States and Canada. NAVITAS PETROLEUM operates under Oil Gas EP classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 25 people. more on NAVITAS PETROLEUM
NAVITAS PETROLEUM is not yet fully synchronised with the market data
NAVITAS PETROLEUM generates negative expected return over the last 90 days
The company reported the revenue of 53.45 M. Net Loss for the year was (6.29 M) with profit before overhead, payroll, taxes, and interest of 22.71 M.
About 51.0% of the company outstanding shares are owned by corporate insiders
Legal NameNAVITAS PETROLEUM
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of NAVITAS PETROLEUM's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
NAVITAS PETROLEUM (NVPT-L) is traded on Tel Aviv Stock Exchange in Israel and employs 25 people. The company currently falls under 'Large-Cap' category with current market capitalization of 87.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NAVITAS PETROLEUM's market, we take the total number of its shares issued and multiply it by NAVITAS PETROLEUM'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 these looking for more risk prefer small-cap and mid-cap equities. NAVITAS PETROLEUM operates under Energy sector and is part of Oil & Gas E&P industry. The entity has 61.02 M outstanding shares. NAVITAS PETROLEUM has accumulated about 122.28 M in cash with 5.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.01.
Check NAVITAS PETROLEUM Probability Of Bankruptcy

NAVITAS Stock Price Odds Analysis

What are NAVITAS PETROLEUM's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of NAVITAS PETROLEUM jumping above the current price in 90 days from now is about 92.92%. The NAVITAS PETROLEUM probability density function shows the probability of NAVITAS PETROLEUM stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon NAVITAS PETROLEUM has a beta of 0.6261. This indicates as returns on the market go up, NAVITAS PETROLEUM average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NAVITAS PETROLEUM will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. NAVITAS PETROLEUM is significantly underperforming DOW.
 Odds Down 1433.0HorizonTargetOdds Up 1433.0 
7.03%90 days
 1,433 
92.92%
Based on a normal probability distribution, the odds of NAVITAS PETROLEUM to move above the current price in 90 days from now is about 92.92 (This NAVITAS PETROLEUM probability density function shows the probability of NAVITAS Stock to fall within a particular range of prices over 90 days) .

NAVITAS PETROLEUM Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. NAVITAS PETROLEUM market risk premium is the additional return an investor will receive from holding NAVITAS PETROLEUM 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 NAVITAS PETROLEUM. 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 NAVITAS PETROLEUM's alpha and beta are two of the key measurements used to evaluate NAVITAS PETROLEUM's performance over the market, the standard measures of volatility play an important role as well.

NAVITAS Stock Against Markets

Picking the right benchmark for NAVITAS PETROLEUM 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 NAVITAS PETROLEUM 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 NAVITAS PETROLEUM is critical whether you are bullish or bearish towards NAVITAS PETROLEUM at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NAVITAS PETROLEUM stock to make a market-neutral strategy. Peer analysis of NAVITAS PETROLEUM could also be used in its relative valuation, which is a method of valuing NAVITAS PETROLEUM by comparing valuation metrics with similar companies.
Additionally, see Stocks Correlation. Note that the NAVITAS PETROLEUM information on this page should be used as a complementary analysis to other NAVITAS PETROLEUM's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Other Tools for NAVITAS Stock

When running NAVITAS PETROLEUM price analysis, check to measure NAVITAS PETROLEUM'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 NAVITAS PETROLEUM is operating at the current time. Most of NAVITAS PETROLEUM's value examination focuses on studying past and present price action to predict the probability of NAVITAS PETROLEUM's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NAVITAS PETROLEUM's price. Additionally, you may evaluate how the addition of NAVITAS PETROLEUM to your portfolios can decrease your overall portfolio volatility.
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