Nabors Energy Transition Beta
In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nabors Energy Transition, as well as the relationship between them.
Nabors Energy's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Nabors Energy's valuation are provided below:Nabors Energy Transition does not presently have any fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Nabors |
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, Nabors Energy Transition has a Beta of 1.73. This is 110.98% higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Nabors Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nabors Energy's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nabors Energy could also be used in its relative valuation, which is a method of valuing Nabors Energy by comparing valuation metrics of similar companies.Nabors Energy is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nabors Energy will likely underperform.
Nabors Fundamentals
| Return On Asset | -0.0229 | |||
| Current Valuation | 188.41 M | |||
| Shares Outstanding | 9.85 M | |||
| Shares Owned By Insiders | 0.02 % | |||
| Shares Owned By Institutions | 99.98 % | |||
| Number Of Shares Shorted | 7.09 K | |||
| Price To Earning | 53.12 X | |||
| Price To Book | 1.92 X | |||
| EBITDA | (1.96 M) | |||
| Net Income | 1.3 M | |||
| Cash And Equivalents | 706.35 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 10.46 K | |||
| Debt To Equity | 0.42 % | |||
| Current Ratio | 3.02 X | |||
| Book Value Per Share | (0.64) X | |||
| Cash Flow From Operations | (2.79 M) | |||
| Short Ratio | 0.09 X | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 1.73 | |||
| Market Capitalization | 184.26 M | |||
| Total Asset | 285.68 M | |||
| Retained Earnings | (10.26 M) | |||
| Working Capital | 509.53 K | |||
| Current Asset | 565.24 M | |||
| Current Liabilities | 1.28 B | |||
| Net Asset | 285.68 M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis 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 population. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in Nabors Stock
If you are still planning to invest in Nabors Energy Transition 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 Nabors Energy's history and understand the potential risks before investing.
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