Abraxas Petroleum Alpha and Beta Analysis
| AXASDelisted Stock | USD 0.03 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Abraxas Petroleum. It also helps investors analyze the systematic and unsystematic risks associated with investing in Abraxas Petroleum over a specified time horizon. Remember, high Abraxas Petroleum's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Abraxas Petroleum's market risk premium analysis include:
Beta 12.14 | Alpha 3.67 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Abraxas |
Abraxas Petroleum Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Abraxas Petroleum market risk premium is the additional return an investor will receive from holding Abraxas 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 Abraxas 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. Alpha and beta are two of the key measurements used to evaluate Abraxas Petroleum's performance over market.| α | 3.67 | β | 12.14 |
Abraxas Petroleum Fundamentals Vs Peers
Comparing Abraxas Petroleum's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Abraxas Petroleum's direct or indirect competition across all of the common fundamentals between Abraxas Petroleum and the related equities. This way, we can detect undervalued stocks with similar characteristics as Abraxas Petroleum or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Abraxas Petroleum's fundamental indicators could also be used in its relative valuation, which is a method of valuing Abraxas Petroleum by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Abraxas Petroleum to competition |
| Fundamentals | Abraxas Petroleum | Peer Average |
| Return On Equity | -10.16 | -0.31 |
| Return On Asset | 0.0975 | -0.14 |
| Profit Margin | 0.75 % | (1.27) % |
| Operating Margin | 0.32 % | (5.51) % |
| Current Valuation | 619.34 K | 16.62 B |
| Shares Outstanding | 100.7 M | 571.82 M |
| Shares Owned By Insiders | 1.52 % | 10.09 % |
Abraxas Petroleum Opportunities
Abraxas Petroleum Return and Market Media
The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Abraxas Petroleum Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Abraxas or other pink sheets. Alpha measures the amount that position in Abraxas Petroleum has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Abraxas Petroleum Upcoming Company Events
As portrayed in its financial statements, the presentation of Abraxas Petroleum's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Abraxas Petroleum's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Abraxas Petroleum's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Abraxas Petroleum. Please utilize our Beneish M Score to check the likelihood of Abraxas Petroleum's management manipulating its earnings.
| 26th of June 2023 Upcoming Quarterly Report | View | |
| 31st of March 2023 Next Fiscal Quarter End | View |
Build Portfolio with Abraxas Petroleum
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Abraxas Pink Sheet
If you are still planning to invest in Abraxas Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Abraxas Petroleum's history and understand the potential risks before investing.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |