Nabors Competitors

OTC Stocks . USA . 
Stock . Nabors Industries
NBRWF Stock  USD 3.68  0.48  15.00%   
Nabors Industries competes with Summit Materials, Entravision Communications, Xunlei, Marchex, and BOS Better; as well as few others. Analyzing Nabors Industries competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Nabors Industries to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Nabors Industries Correlation with its peers.
For more detail on how to invest in Nabors OTC Stock please use our How to Invest in Nabors Industries guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Nabors Industries competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nabors Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.163.208.59
Details
Intrinsic
Valuation
LowRealHigh
0.153.078.46
Details
Naive
Forecast
LowNextHigh
0.073.538.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.985.107.22
Details

Nabors Industries Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nabors Industries and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Nabors and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nabors Industries does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
EVC
+ 0.9
SUM
BOSC
+ 0.71
SUM
BOSC
+ 0.59
EVC
XNET
+ 0.41
EVC
BOSC
+ 0.36
MCHX
XNET
+ 0.29
SUM
  
High negative correlations   
GOLD
- 0.84
SUM
GOLD
- 0.83
EVC
GOLD
- 0.73
BOSC
GOLD
- 0.36
XNET
GOLD
- 0.34
MCHX

Risk-Adjusted Indicators

There is a big difference between Nabors OTC Stock performing well and Nabors Industries OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nabors Industries' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Nabors Industries Competitive Analysis

The better you understand Nabors Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nabors Industries' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nabors Industries' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NBRWF SUM EVC XNET MCHX BOSC GOLD
 15.00 
 3.68 
Nabors
 0.30 
 50.50 
Summit
 1.60 
 2.46 
Entravision
 1.49 
 1.99 
Xunlei
 0.51 
 1.99 
Marchex
 1.24 
 3.27 
BOS
 2.04 
 15.54 
Barrick
Market Volatility
(90 Days Market Risk)
Very risky
Very steady
Slightly risky
Unstable
Very risky
Somewhat reliable
Very steady
Market Performance
(90 Days Performance)
Very Weak
Solid
Good
OK
Insignificant
OK
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
High
Very Low
Below Average
Very Low
Low
Very Small
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Under Valued
Under Valued
Under Valued
Under Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Buy
Strong Sell
Strong Sell
Strong Buy
Not Available
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Buy
Buy
Strong Sell
Hold
Strong Hold
Cautious Hold
Current Ratio
2.11 X
3.17 X
1.69 X
2.71 X
2.85 X
2.06 X
3.76 X
Net Asset
4.73 B
5.15 B
865.95 M
468.69 M
47.48 M
32.48 M
45.81 B
Profit Margin
(0.29) %
0.04 %
(0.1) %
0.05 %
(0.09) %
0.05 %
0.13 %
EBITDA
597.28 M
726.17 M
26.93 M
25.99 M
(5.76 M)
2.96 M
5.16 B
Operating Margin
(0.18) %
0.17 %
0.07 %
0.01 %
(0.07) %
0.08 %
0.31 %
Current Valuation
N/A
10.99 B
366.1 M
(131.24 M)
75.48 M
18.82 M
27.64 B
Price To Book
N/A
1.99 X
1.07 X
0.37 X
2.52 X
0.91 X
1.13 X
Retained Earnings
N/A
876.75 M
(519.81 M)
(146.94 M)
(321.23 M)
(67.13 M)
(6.71 B)
Current Asset
N/A
472.53 M
120.03 M
457.65 M
135.69 M
11.91 M
543.54 M
Five Year Return
N/A
N/A
4.96 %
N/A
N/A
N/A
1.38 %
Beta
3.62
1.14
0.99
1.07
1.97
0.85
0.48
Number Of Employees
10 K
5.3 K
1.66 K
1.22 K
164
83
N/A
Shares Outstanding
N/A
175.6 M
80.63 M
63.39 M
39.02 M
5.76 M
1.75 B
Cash Flow From Operations
501.09 M
438.86 M
75.2 M
25.72 M
(4.39 M)
1.83 M
3.73 B
Annual Yield
N/A
N/A
0.08 %
N/A
N/A
N/A
0.03 %
Total Debt
2.54 B
2.33 B
262.47 M
22.95 M
2.1 M
2.31 M
5.22 B
Return On Equity
-0.29
0.0436
-0.0417
0.0444
-0.12
0.1
0.0773
Return On Asset
-0.0359
0.0464
0.0108
0.0037
-0.0534
0.0456
0.0415
Number Of Shares Shorted
N/A
3.45 M
1.12 M
19 K
26.06 K
65.42 K
20.4 M
Book Value Per Share
N/A
25.32 X
2.30 X
5.02 X
0.79 X
3.28 X
13.63 X
Current Liabilities
N/A
214.5 M
33.54 M
76.74 M
16.86 M
6.67 M
159.12 M
Total Asset
4.73 B
5.15 B
865.95 M
468.69 M
47.48 M
32.48 M
45.81 B
Debt To Equity
1.91 %
0.81 %
0.93 %
0.11 %
0.05 %
0.10 %
0.16 %
Short Ratio
N/A
0.91 X
4.30 X
0.26 X
0.63 X
3.01 X
0.81 X
Target Price
N/A
51.67
3.5
12.0
3.25
5.0
22.65
Last Dividend Paid
N/A
N/A
0.2
N/A
N/A
N/A
0.4
Shares Owned By Institutions
N/A
71.13 %
60.14 %
4.40 %
61.72 %
17.06 %
61.99 %
Market Capitalization
N/A
8.84 B
221.37 M
126.15 M
86.49 M
18.84 M
27.02 B
Price To Earning
N/A
25.03 X
20.81 X
15.85 X
(7.99) X
20.83 X
14.83 X
Price To Earnings To Growth
N/A
1.44 X
1.91 X
N/A
(4.20) X
N/A
2.34 X
Price To Sales
N/A
2.35 X
0.19 X
0.39 X
1.78 X
0.47 X
2.19 X
Net Income
(350.26 M)
285.86 M
(15.44 M)
14.27 M
(9.91 M)
2 M
1.95 B
Earnings Per Share
N/A
0.85 X
(0.11) X
0.26 X
(0.09) X
0.38 X
0.92 X
Shares Owned By Insiders
N/A
31.88 %
26.77 %
19.13 %
8.54 %
14.16 %
0.60 %
Revenue
2.65 B
2.62 B
1.11 B
363.72 M
49.91 M
44.18 M
11.4 B
Working Capital
N/A
1.41 B
113.8 M
199.29 M
14.09 M
9.38 M
5.08 B
Cash And Equivalents
417.56 M
520.45 M
110.69 M
259.91 M
24.82 M
1.12 M
5.24 B
Cash Per Share
56.33 X
3.93 X
2.17 X
3.82 X
0.60 X
0.20 X
2.97 X
Gross Profit
N/A
649.35 M
215.68 M
141.44 M
31.71 M
9.06 M
3.47 B
Day Typical Price
3.57
50.53
2.52
2.02
1.97
3.31
15.44
Accumulation Distribution
1031.34
32460.96
0.0682
0.0619
1705.52
0.0696
219932.0
Market Facilitation Index
0.0
N/A
0.18
0.13
0.0
0.24
N/A
Daily Balance Of Power
1.454545
0.3846
(0.22)
(0.23)
0.1111
0.1667
0.6596
Period Momentum Indicator
0.48
0.15
(0.04)
(0.03)
0.01
0.04
0.31
Rate Of Daily Change
1.15
1.0
0.98
0.99
1.01
1.01
1.02
Day Median Price
3.52
50.55
2.55
2.04
1.97
3.33
15.4
Price Action Indicator
0.41
0.03
(0.11)
(0.06)
0.03
(0.04)
0.3
Relative Strength Index
28.9
65.07
54.42
56.91
58.26
56.45
35.37
Coefficient Of Variation
(711.32)
538.66
777.01
1130.25
1221.58
1081.27
(507.65)
Mean Deviation
4.02
1.32
2.41
3.26
2.79
1.02
1.57
Jensen Alpha
(0.93)
0.3275
0.3766
0.4103
0.2976
0.1104
(0.40)
Total Risk Alpha
(1.08)
0.2969
0.3031
0.266
0.2018
0.0755
(0.44)
Sortino Ratio
N/A
0.2377
0.127
0.0832
0.0982
0.0657
N/A
Downside Variance
N/A
1.92
8.4
19.95
8.7
1.9
N/A
Standard Deviation
6.33
1.95
3.11
4.56
3.93
1.33
1.93
Kurtosis
6.2
3.72
0.4758
2.97
2.84
0.4935
(0.33)
Potential Upside
10.0
4.18
5.69
7.5
7.51
2.08
2.85
Treynor Ratio
(0.65)
0.3253
0.6376
(0.53)
0.481
1.09
(1.39)
Maximum Drawdown
33.9
9.88
15.05
30.75
24.1
7.04
8.29
Variance
40.02
3.79
9.67
20.83
15.47
1.76
3.73
Market Risk Adjusted Performance
(0.64)
0.3353
0.6476
(0.52)
0.491
1.1
(1.38)
Risk Adjusted Performance
(0.10)
0.153
0.1094
0.0784
0.0728
0.0773
(0.15)
Skewness
0.1028
1.49
(0.08)
0.5605
1.11
0.2094
(0.20)
Semi Deviation
N/A
0.9564
2.65
3.91
2.7
1.14
N/A
Information Ratio
(0.15)
0.1691
0.1183
0.0814
0.0737
0.0682
(0.21)
Value At Risk
(8.57)
(2.33)
(4.50)
(6.12)
(4.35)
(2.00)
(3.64)
Expected Short fall
N/A
(1.56)
(2.96)
(3.77)
(4.00)
(1.18)
N/A
Downside Deviation
N/A
1.39
2.9
4.47
2.95
1.38
N/A
Semi Variance
N/A
0.9147
7.0
15.3
7.28
1.29
N/A

Nabors Industries Competition Performance Charts

Five steps to successful analysis of Nabors Industries Competition

Nabors Industries' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nabors Industries in relation to its competition. Nabors Industries' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nabors Industries in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nabors Industries' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nabors Industries, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Nabors Industries position

In addition to having Nabors Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Additional Information and Resources on Investing in Nabors OTC Stock

When determining whether Nabors Industries is a strong investment it is important to analyze Nabors Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nabors Industries' future performance. For an informed investment choice regarding Nabors OTC Stock, refer to the following important reports:
How To Invest In Nabors
Details
Is Nabors OTC Stock a good investment?
Details
What is Nabors Industries' Net Worth?
Details
Largest Energy Equipment & Services Companies
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Largest Oil & Gas Drilling Companies
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Check out Nabors Industries Correlation with its peers.
For more detail on how to invest in Nabors OTC Stock please use our How to Invest in Nabors Industries guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Altman
Z Score
Details
Piotroski
F Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Nabors Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nabors Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nabors Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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