Aban Offshore Faces Challenges Amidst Broader Oil Sector Trends and Market Competition - MarketsMojo
| ABAN Stock | 39.97 0.01 0.03% |
Slightly above 61% of Aban Offshore's investor base is looking to short. The analysis of overall sentiment of trading Aban Offshore Limited stock suggests that many investors are alarmed at this time. Aban Offshore's investing sentiment can be driven by a variety of factors including economic data, Aban Offshore's earnings reports, geopolitical events, and overall market trends.
Aban Offshore stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Aban daily returns and investor perception about the current price of Aban Offshore Limited as well as its diversification or hedging effects on your existing portfolios.
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Aban Offshore Faces Challenges Amidst Broader Oil Sector Trends and Market Competition MarketsMojo
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Aban Offshore Fundamental Analysis
We analyze Aban Offshore's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aban Offshore using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aban Offshore 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.
Price To Sales
Price To Sales Comparative Analysis
Aban Offshore is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Aban Offshore Limited Potential Pair-trading
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 Aban Offshore stock to make a market-neutral strategy. Peer analysis of Aban Offshore could also be used in its relative valuation, which is a method of valuing Aban Offshore by comparing valuation metrics with similar companies.
Peers
Aban Offshore Related Equities
| GICRE | General Insuranceof | 1.48 | ||||
| UNIONBANK | Union Bank | 0.09 | ||||
| IDBI | IDBI Bank | 0.76 | ||||
| SATIN | Satin Creditcare | 0.77 | ||||
| JAYAGROGN | Jayant Agro | 0.93 | ||||
| HDFCLIFE | HDFC Life | 1.52 | ||||
| MAHABANK | Bank of Maharashtra | 2.32 |
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.