Aban Offshore (India) Price on November 18, 2024
| ABAN Stock | 64.16 0.78 1.23% |
Below is the normalized historical share price chart for Aban Offshore Limited extending back to January 13, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Aban Offshore stands at 64.16, as last reported on the 29th of November, with the highest price reaching 65.80 and the lowest price hitting 62.93 during the day.
If you're considering investing in Aban Stock, it is important to understand the factors that can impact its price. Aban Offshore Limited secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of standard deviation over the last 3 months. Aban Offshore Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aban Offshore's mean deviation of 1.9, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide.
Total Stockholder Equity is likely to gain to about (226.8 B) in 2024. Common Stock is likely to drop to about 99.8 M in 2024. Aban Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 67.6396 | 50 Day MA 67.8612 | Beta 0.782 |
Aban |
Sharpe Ratio = -0.1409
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| Negative Returns | ABAN |
Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aban Offshore is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Aban Offshore by adding Aban Offshore to a well-diversified portfolio.
Book Value -4.1 K | Enterprise Value 155.9 B | Enterprise Value Ebitda 82.0423 | Price Sales 0.7764 | Shares Float 29.7 M |
Aban Offshore Valuation on November 18, 2024
It is possible to determine the worth of Aban Offshore on a given historical date. On November 18, 2024 Aban was worth 61.77 at the beginning of the trading date compared to the closed value of 63.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aban Offshore stock. Still, in general, we apply an absolute valuation method to find Aban Offshore's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Aban Offshore where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aban Offshore's related companies.
| Open | High | Low | Close | Volume | |
| 60.85 | 62.50 | 60.51 | 61.77 | 40,350 | |
11/18/2024 | 61.77 | 64.85 | 60.82 | 63.58 | 103,632 |
| 63.88 | 64.00 | 62.31 | 62.97 | 72,287 |
| Backtest Aban Offshore | | | Aban Offshore History | | | Aban Offshore Valuation | Previous | Next |
Aban Offshore Trading Date Momentum on November 18, 2024
| On November 19 2024 Aban Offshore Limited was traded for 62.97 at the closing time. The highest price during the trading period was 64.00 and the lowest recorded bid was listed for 62.31 . The volume for the day was 72.3 K. This history from November 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.96% . The overall trading delta to the current price is 0.28% . |
Aban Offshore Limited Fundamentals Correlations and Trends
By evaluating Aban Offshore's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aban Offshore's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aban financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aban Offshore Stock history
Aban Offshore investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Aban is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aban Offshore Limited will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Aban Offshore stock prices may prove useful in developing a viable investing in Aban Offshore
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 67.1 M | 51.8 M | |
| Net Loss | -9.8 B | -10.3 B |
Aban Offshore Stock Technical Analysis
Aban Offshore technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Aban Offshore Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Aban Offshore Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Aban Offshore November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Aban Offshore stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aban Offshore shares will generate the highest return on investment. By undertsting and applying Aban Offshore stock market strength indicators, traders can identify Aban Offshore Limited entry and exit signals to maximize returns
Aban Offshore Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aban Offshore's price direction in advance. Along with the technical and fundamental analysis of Aban Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aban to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (2.07) |
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Additional 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.