Aban Offshore (India) Buy Hold or Sell Recommendation
| ABAN Stock | 64.77 0.61 0.95% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Aban Offshore Limited is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Aban Offshore Limited given historical horizon and risk tolerance towards Aban Offshore. When Macroaxis issues a 'buy' or 'sell' recommendation for Aban Offshore Limited, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Aban Offshore Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Aban and provide practical buy, sell, or hold advice based on investors' constraints. Aban Offshore Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Execute Aban Offshore Buy or Sell Advice
The Aban recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Aban Offshore Limited. Macroaxis does not own or have any residual interests in Aban Offshore Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Aban Offshore's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Aban Offshore Trading Alerts and Improvement Suggestions
| Aban Offshore generated a negative expected return over the last 90 days | |
| The company reported the revenue of 4 B. Net Loss for the year was (13.18 B) with profit before overhead, payroll, taxes, and interest of 3.39 B. | |
| Aban Offshore Limited has accumulated about 0 in cash with (723.44 M) of positive cash flow from operations. | |
| Roughly 48.0% of the company shares are held by company insiders |
Aban Offshore Returns Distribution Density
The distribution of Aban Offshore's historical returns is an attempt to chart the uncertainty of Aban Offshore's future price movements. The chart of the probability distribution of Aban Offshore daily returns describes the distribution of returns around its average expected value. We use Aban Offshore Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Aban Offshore returns is essential to provide solid investment advice for Aban Offshore.
| Mean Return | -0.27 | Value At Risk | -3.88 | Potential Upside | 4.96 | Standard Deviation | 2.40 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Aban Offshore historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Aban Offshore Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 1.5B | 973.5M | 8.9M | 5.2M | 170.7M | 162.2M | |
| Net Income | (104.4B) | (15.2B) | (26.7B) | (10.6B) | (13.2B) | (12.5B) | |
| End Period Cash Flow | (81.4M) | 617.3M | 879.0M | 1.5B | 435.1M | 413.3M | |
| Change To Inventory | (441.8M) | 518.2M | 263.8M | 915.5M | (154.6M) | (162.3M) | |
| Change In Cash | 226.1M | 698.7M | 261.8M | 606M | (1.0B) | (1.1B) | |
| Free Cash Flow | (11.2B) | 5.8B | (4.3B) | 1.3B | (894.2M) | (849.5M) | |
| Depreciation | 8.4B | 1.9B | 1.4B | 471.1M | 971.4M | 922.8M | |
| Other Non Cash Items | 86.3B | 21.4B | 21.4B | 10.6B | 14.2B | 21.9B | |
| Investments | 21.8M | 112.7M | 2.1B | 14.0B | (110.4M) | (104.9M) | |
| Net Borrowings | 6.1B | 13.1B | (4.6B) | 1.1B | 968.0M | 1.3B | |
| Change To Netincome | 46.6B | 70.5B | 25.9B | 16.5B | 18.9B | 27.9B |
Aban Offshore Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Aban Offshore or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Aban Offshore's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Aban stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 2.34 | |
Ir | Information ratio | -0.17 |
Aban Offshore Volatility Alert
Aban Offshore Limited exhibits very low volatility with skewness of 0.52 and kurtosis of -0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Aban Offshore's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Aban Offshore's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Aban Offshore Fundamentals Vs Peers
Comparing Aban Offshore's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Aban Offshore's direct or indirect competition across all of the common fundamentals between Aban Offshore and the related equities. This way, we can detect undervalued stocks with similar characteristics as Aban Offshore or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Aban Offshore's fundamental indicators could also be used in its relative valuation, which is a method of valuing Aban Offshore by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Aban Offshore to competition |
| Fundamentals | Aban Offshore | Peer Average |
| Return On Asset | -0.0781 | -0.14 |
| Profit Margin | (2.53) % | (1.27) % |
| Operating Margin | 0.28 % | (5.51) % |
| Current Valuation | 155.99 B | 16.62 B |
| Shares Outstanding | 58.37 M | 571.82 M |
| Shares Owned By Insiders | 48.49 % | 10.09 % |
| Shares Owned By Institutions | 1.71 % | 39.21 % |
| Price To Sales | 0.78 X | 11.42 X |
| Revenue | 4 B | 9.43 B |
| Gross Profit | 3.39 B | 27.38 B |
| EBITDA | (1.06 B) | 3.9 B |
| Net Income | (13.18 B) | 570.98 M |
| Total Debt | 153.08 B | 5.32 B |
| Book Value Per Share | (4,090) X | 1.93 K |
| Cash Flow From Operations | (723.44 M) | 971.22 M |
| Earnings Per Share | (174.75) X | 3.12 X |
| Target Price | 200.0 | |
| Number Of Employees | 31 | 18.84 K |
| Beta | 0.78 | -0.15 |
| Market Capitalization | 3.78 B | 19.03 B |
| Total Asset | 15.15 B | 29.47 B |
| Retained Earnings | (231.29 B) | 9.33 B |
| Working Capital | (248.2 B) | 1.48 B |
| Net Asset | 15.15 B |
Aban Offshore Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Aban . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Aban Offshore Buy or Sell Advice
When is the right time to buy or sell Aban Offshore Limited? Buying financial instruments such as Aban Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.