Nabors Competitors

Stocks . USA . 
Stock . Nabors Energy Transition
NETDU Stock   10.95  0.00  0.00%   
Nabors Energy Transition competes with Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, and 70082LAB3; as well as few others. The company classifies itself under Capital Markets sector and is part of Financials industry. Analyzing Nabors Energy 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 Energy to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Nabors Energy Correlation with its peers.
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 Energy 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 Energy's 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
10.7510.9511.15
Details
Intrinsic
Valuation
LowRealHigh
10.1310.3312.05
Details

Nabors Energy Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nabors Energy and its competitors represents the degree of relationship between the price movements of corresponding stocks. 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 Energy Transition does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RRTLX
+ 0.92
MSTSX
MSTSX
+ 0.87
AQUI
OSHDF
+ 0.87
VIASP
RRTLX
+ 0.79
LBHIX
SEGI
+ 0.77
70082LAB3
RWAYL
+ 0.76
70082LAB3
  
High negative correlations   
OSHDF
- 0.81
MSTSX
OSHDF
- 0.67
RRTLX
OSHDF
- 0.67
AQUI
VIASP
- 0.64
MSTSX
SITKF
- 0.6
VIASP
SITKF
- 0.55
OSHDF

Risk-Adjusted Indicators

There is a big difference between Nabors Stock performing well and Nabors Energy Company 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 Energy's 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.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
AQUI  2.79 (1.38) 0.00  0.72  0.00 
 0.00 
 0.00 
 0.00 
 93.33 
MSTSX  0.53 (0.12) 0.00  3.75  0.00 
 0.00 
 1.03 
(1.02)
 7.08 
LBHIX  0.11 (0.02) 0.00 (1.13) 0.00 
 0.00 
 0.24 
(0.24)
 0.94 
VIASP  0.76  0.15  0.10 (1.06) 1.03 
(0.87)
 2.00 
(1.20)
 4.90 
RRTLX  0.28 (0.07) 0.00 (1.14) 0.00 
 0.00 
 0.40 
(0.56)
 3.47 
OSHDF  46.68  24.42  0.00 (1.49) 0.00 
 0.00 
 0.00 
 0.00 
 1,329 
70082LAB3  0.67  0.11  0.08 (0.53) 0.81 
(0.84)
 1.78 
(0.78)
 6.86 
SITKF  4.86  0.18  0.03  0.23  4.88 
(8.22)
 12.90 
(9.09)
 30.02 
RWAYL  0.15  0.00 (0.06) 0.28  0.20 
(0.19)
 0.36 
(0.28)
 1.49 
SEGI  10.74  1.84  0.11 (4.24) 11.39 
(15.47)
 28.57 
(20.00)
 70.63 
All Fundamental Data

Nabors Energy Competitive Analysis

The better you understand Nabors Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nabors Energy's 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 Energy's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NETDU AQUI MSTSX LBHIX VIASP RRTLX OSHDF 70082LAB3 SITKF RWAYL
 0.00 
 10.95 
Nabors
 0.00 
 0.0004 
Aquagold
 0.19 
 10.83 
Morningstar
 0.00 
 4.21 
Thrivent
 0.17 
 23.58 
Via
 0.17 
 12.08 
RRTLX
 0.00 
 0.04 
Oshidori
 0.00 
 90.00 
70082LAB3
 4.17 
 0.25 
Sitka
 0.00 
 24.88 
MSCI
Market Volatility
(90 Days Market Risk)
Very steady
Out of control
Very steady
Very steady
Very steady
Very steady
Out of control
Very steady
Out of control
Very steady
Market Performance
(90 Days Performance)
Solid
Very Weak
Very Weak
Very Weak
Strong
Very Weak
Good
Modest
Weak
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Average
Low
Low
Below Average
Low
Average
Below Average
Quite High
Very Small
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Strong Sell
Trade Advice
(90 Days Macroaxis Advice)
Sell
Strong Sell
Hold
Cautious Hold
Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Hold
Current Ratio
N/A
N/A
N/A
N/A
3.49
N/A
N/A
N/A
4.24
N/A
Net Asset
N/A
3.19 K
116.1 M
674.44 M
355.28 M
1.46 B
6.31 B
N/A
13.41 M
N/A
EBITDA
N/A
(727.69 K)
N/A
N/A
33.09 M
N/A
(3.49 B)
N/A
(1.57 M)
N/A
Operating Margin
N/A
N/A
N/A
N/A
-0.14
N/A
1.04
N/A
N/A
N/A
Five Year Return
N/A
N/A
7.5
2.89
8.97
0.0406
N/A
N/A
N/A
N/A
One Year Return
N/A
N/A
10.97
6.96
N/A
0.067
N/A
N/A
N/A
N/A
Beta
N/A
7.05
N/A
N/A
1.16
N/A
0.67
N/A
1.45
N/A
Number Of Employees
N/A
7
1
1
169
1
31
N/A
1
N/A
Three Year Return
N/A
N/A
5.65
2.41
N/A
0.0491
N/A
N/A
N/A
N/A
Cash Flow From Operations
N/A
(218.19 K)
N/A
N/A
12.7 M
N/A
499.26 M
N/A
(1.27 M)
N/A
Total Debt
N/A
N/A
N/A
N/A
135 M
N/A
N/A
N/A
40 K
N/A
Bond Positions Weight
N/A
N/A
22.72
92.23
N/A
14.43
N/A
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
269.0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
-5.5
N/A
N/A
-0.11
N/A
-0.46
N/A
-0.033
N/A
Current Liabilities
N/A
794 K
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Debt To Equity
N/A
N/A
N/A
N/A
0.69
N/A
N/A
N/A
0.002
N/A
Short Ratio
N/A
N/A
N/A
N/A
0.7
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
1.46
N/A
N/A
N/A
N/A
N/A
0.84
N/A
10.92
N/A
Market Capitalization
N/A
96.58 K
50.36 M
N/A
N/A
N/A
233.49 M
N/A
12.62 M
N/A
Price To Earning
N/A
-0.22
N/A
35.48
26.83
18.25
N/A
N/A
N/A
N/A
Price To Sales
N/A
N/A
N/A
1.23
N/A
1.57
N/A
N/A
N/A
N/A
Net Income
N/A
(627.79 K)
N/A
N/A
5.2 M
N/A
(3.15 B)
N/A
(1.28 M)
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
30.28
N/A
5.97
N/A
Year To Date Return
N/A
N/A
10.93
6.59
N/A
-0.0211
N/A
N/A
N/A
N/A
Revenue
N/A
N/A
N/A
N/A
393.49 M
N/A
(3.1 B)
N/A
N/A
N/A
Working Capital
N/A
(794 K)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Profit Margin
N/A
N/A
N/A
N/A
0.0094
N/A
N/A
N/A
N/A
N/A
Current Valuation
407.68 M
912.76 K
N/A
N/A
535.95 M
N/A
103.84 M
N/A
8.05 M
N/A
Price To Book
N/A
N/A
N/A
1.58
N/A
2.13
0.005
N/A
1.1
N/A
Retained Earnings
N/A
(4.18 M)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Position Weight
N/A
N/A
14.28
6.56
N/A
7.22
N/A
N/A
N/A
N/A
Equity Positions Weight
N/A
N/A
61.63
0.07
N/A
38.52
N/A
N/A
N/A
N/A
Shares Outstanding
N/A
965.83 K
N/A
N/A
N/A
N/A
6.11 B
N/A
159.12 M
N/A
Annual Yield
N/A
N/A
0.0204
0.0612
0.0972
0.0206
N/A
N/A
N/A
N/A
Return On Equity
N/A
N/A
N/A
N/A
0.017
N/A
-0.5
N/A
-0.0611
N/A
Z Score
N/A
N/A
N/A
N/A
1.0
N/A
N/A
N/A
N/A
N/A
Book Value Per Share
7.97
-1.18
N/A
N/A
3.66
N/A
0.89
N/A
0.1
N/A
Number Of Shares Shorted
N/A
N/A
N/A
N/A
4.29 K
N/A
N/A
N/A
N/A
2.71 K
Minimum Initial Investment
N/A
N/A
N/A
2 K
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
N/A
3.19 K
215.11 M
347.66 M
355.28 M
1.03 B
6.31 B
N/A
13.41 M
N/A
Last Dividend Paid
N/A
N/A
N/A
0.02
0.73
0.14
N/A
N/A
N/A
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Earnings Per Share
N/A
-0.63
N/A
N/A
1.17
N/A
N/A
N/A
-0.01
N/A
Ten Year Return
N/A
N/A
N/A
6.0
N/A
5.76
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
1.15 K
N/A
N/A
51.31 M
N/A
N/A
N/A
5.77 M
N/A
Cash Per Share
N/A
N/A
N/A
N/A
3.23
N/A
N/A
N/A
0.04
N/A
Gross Profit
N/A
(143.88 K)
N/A
N/A
74.67 M
N/A
(4.09 B)
N/A
N/A
N/A
Day Typical Price
10.95
4.0E-4
10.83
4.21
23.57
12.08
0.036
90.0
0.24
24.85
Accumulation Distribution
N/A
N/A
N/A
N/A
0.0042
N/A
N/A
N/A
0.08
0.0032
Market Facilitation Index
N/A
N/A
N/A
N/A
0.1
N/A
N/A
N/A
0.02
0.08
Daily Balance Of Power
0.0
0.0
9.2 T
0.0
(0.40)
(9,223,372,036,855)
0.0
0.0
0.5
N/A
Period Momentum Indicator
N/A
N/A
0.02
N/A
(0.04)
(0.02)
N/A
N/A
0.01
N/A
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.04
1.0
Day Median Price
10.95
4.0E-4
10.83
4.21
23.56
12.08
0.036
90.0
0.24
24.84
Price Action Indicator
N/A
N/A
0.01
N/A
N/A
(0.01)
N/A
N/A
0.015
0.04
Coefficient Of Variation
472.36
(812.40)
(809.02)
(1,627)
731.18
(768.61)
690.32
1008.67
3173.79
1558.9
Mean Deviation
0.078
2.79
0.5307
0.1097
0.7636
0.2758
46.68
0.6677
4.86
0.1504
Jensen Alpha
0.0315
(1.38)
(0.12)
(0.02)
0.1511
(0.07)
24.42
0.1053
0.1764
0.0046
Total Risk Alpha
0.0255
(1.74)
(0.15)
(0.03)
0.1158
(0.08)
19.43
0.0699
0.0139
(0)
Sortino Ratio
N/A
N/A
N/A
N/A
0.0965
N/A
N/A
0.0794
0.0258
(0.06)
Downside Variance
N/A
N/A
N/A
N/A
1.7
N/A
N/A
0.9871
45.08
0.084
Standard Deviation
0.193
11.49
0.9225
0.1726
1.16
0.4728
166.15
1.12
6.53
0.2331
Kurtosis
22.32
66.0
17.23
0.9557
5.69
20.33
61.03
10.74
0.0837
4.96
Potential Upside
N/A
N/A
1.03
0.2364
2.0
0.3971
N/A
1.78
12.9
0.3601
Treynor Ratio
(1.00)
0.7187
3.75
(1.13)
(1.06)
(1.14)
(1.49)
(0.53)
0.2251
0.2753
Maximum Drawdown
1.12
93.33
7.08
0.9445
4.9
3.47
1328.57
6.86
30.02
1.49
Variance
0.0372
131.99
0.8509
0.0298
1.33
0.2236
27607.17
1.26
42.61
0.0544
Market Risk Adjusted Performance
(0.99)
0.7287
3.76
(1.12)
(1.05)
(1.13)
(1.48)
(0.52)
0.2351
0.2853
Risk Adjusted Performance
0.1375
(0.09)
(0.1)
(0.09)
0.1121
(0.11)
0.1254
0.0819
0.0339
0.0269
Skewness
4.77
(8.12)
(3.12)
(0.17)
(1.08)
(3.71)
7.72
0.2779
0.5381
(1.11)
Semi Deviation
N/A
N/A
N/A
N/A
1.03
N/A
N/A
0.811
4.88
0.1957
Information Ratio
0.0449
(0.13)
(0.16)
(0.25)
0.1089
(0.20)
0.1447
0.0704
0.0266
(0.07)
Value At Risk
N/A
N/A
(1.02)
(0.24)
(1.20)
(0.56)
N/A
(0.78)
(9.09)
(0.28)
Expected Short fall
N/A
N/A
N/A
N/A
(0.87)
N/A
N/A
(0.84)
(8.22)
(0.19)
Downside Deviation
N/A
N/A
N/A
N/A
1.3
N/A
N/A
0.9935
6.71
0.2898
Semi Variance
N/A
N/A
N/A
N/A
1.05
N/A
N/A
0.6577
23.83
0.0383

Nabors Energy Competition Performance Charts

Five steps to successful analysis of Nabors Energy Competition

Nabors Energy's 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 Energy Transition in relation to its competition. Nabors Energy's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nabors Energy 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 Energy's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nabors Energy Transition, 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 Energy position

In addition to having Nabors Energy 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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Synthetics
Synthetics Theme
Companies involved in production of silicon and other synthetic products . The Synthetics theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Synthetics Theme or any other thematic opportunities.
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Additional Tools for Nabors Stock Analysis

When running Nabors Energy's price analysis, check to measure Nabors Energy'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 Nabors Energy is operating at the current time. Most of Nabors Energy's value examination focuses on studying past and present price action to predict the probability of Nabors Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Energy's price. Additionally, you may evaluate how the addition of Nabors Energy to your portfolios can decrease your overall portfolio volatility.
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