Oil Natural Gas Stock Beta
| ONGC Stock | 254.25 3.65 1.42% |
Oil Natural Gas fundamentals help investors to digest information that contributes to Oil Natural's financial success or failures. It also enables traders to predict the movement of Oil Stock. The fundamental analysis module provides a way to measure Oil Natural's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oil Natural stock.
Oil | Beta |
Oil Natural Gas Company Beta Analysis
Oil Natural's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Oil Natural Beta | 0.65 |
Most of Oil Natural's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oil Natural Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, Oil Natural Gas has a Beta of 0.653. This is 61.59% lower than that of the Oil, Gas & Consumable Fuels sector and 41.7% lower than that of the Energy industry. The beta for all India stocks is notably lower than that of the firm.
Oil Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oil Natural'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 Oil Natural could also be used in its relative valuation, which is a method of valuing Oil Natural by comparing valuation metrics of similar companies.Oil Natural is currently under evaluation in beta category among its peers.
Oil Natural ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Oil Natural's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Oil Natural's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
As returns on the market increase, Oil Natural's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oil Natural is expected to be smaller as well.
Oil Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0482 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 4.38 T | ||||
| Shares Outstanding | 12.58 B | ||||
| Shares Owned By Insiders | 69.20 % | ||||
| Shares Owned By Institutions | 21.44 % | ||||
| Price To Book | 0.88 X | ||||
| Price To Sales | 0.54 X | ||||
| Revenue | 5.91 T | ||||
| Gross Profit | 2.29 T | ||||
| EBITDA | 1.16 T | ||||
| Net Income | 492.21 B | ||||
| Cash And Equivalents | 291.4 B | ||||
| Total Debt | 1.53 T | ||||
| Book Value Per Share | 280.18 X | ||||
| Cash Flow From Operations | 992.63 B | ||||
| Earnings Per Share | 32.66 X | ||||
| Target Price | 312.38 | ||||
| Number Of Employees | 25.85 K | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 3.24 T | ||||
| Total Asset | 7.1 T | ||||
| Retained Earnings | 327.77 B | ||||
| Working Capital | (179.36 B) | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 7.1 T | ||||
| Last Dividend Paid | 12.5 |
About Oil Natural Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oil Natural Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil Natural Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.Additional Tools for Oil Stock Analysis
When running Oil Natural's price analysis, check to measure Oil Natural'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 Oil Natural is operating at the current time. Most of Oil Natural's value examination focuses on studying past and present price action to predict the probability of Oil Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil Natural's price. Additionally, you may evaluate how the addition of Oil Natural to your portfolios can decrease your overall portfolio volatility.