Shelf Drilling Financials
| SHLF Stock | 10.20 2.57 20.13% |
Shelf |
Understanding current and past Shelf Drilling Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shelf Drilling's financial statements are interrelated, with each one affecting the others. For example, an increase in Shelf Drilling's assets may result in an increase in income on the income statement.
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | KYG236271055 |
| Business Address | One JLT, Dubai, |
| Sector | Energy |
| Industry | Oil & Gas Drilling |
| Benchmark | Dow Jones Industrial |
| Website | www.shelfdrilling.com |
| Phone | 971 4 567 3400 |
You should never invest in Shelf Drilling without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shelf Stock, because this is throwing your money away. Analyzing the key information contained in Shelf Drilling's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Shelf Drilling Key Financial Ratios
There are many critical financial ratios that Shelf Drilling's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shelf Drilling reports annually and quarterly.| Return On Equity | -0.19 | |||
| Return On Asset | 0.0342 | |||
| Target Price | 38.7 | |||
| Beta | 2.27 | |||
| Z Score | 3.0 |
Shelf Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shelf Drilling's current stock value. Our valuation model uses many indicators to compare Shelf Drilling value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shelf Drilling competition to find correlations between indicators driving Shelf Drilling's intrinsic value. More Info.Shelf Drilling is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Shelf Drilling's earnings, one of the primary drivers of an investment's value.Shelf Drilling Systematic Risk
Shelf Drilling's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shelf Drilling volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Shelf Drilling correlated with the market. If Beta is less than 0 Shelf Drilling generally moves in the opposite direction as compared to the market. If Shelf Drilling Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shelf Drilling is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shelf Drilling is generally in the same direction as the market. If Beta > 1 Shelf Drilling moves generally in the same direction as, but more than the movement of the benchmark.
Shelf Drilling Thematic Clasifications
Shelf Drilling is part of Oil And Gas investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Oil And Gas drilling, production, pipelines, and equipment. Companies involved in drilling, production, and distribution of oil and gas pipelines
This theme covers Oil And Gas drilling, production, pipelines, and equipment. Companies involved in drilling, production, and distribution of oil and gas pipelines. Get More Thematic Ideas
| Oil And Gas | View |
Shelf Drilling November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shelf Drilling help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shelf Drilling. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shelf Drilling based on widely used predictive technical indicators. In general, we focus on analyzing Shelf Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shelf Drilling's daily price indicators and compare them against related drivers.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 13.03 | |||
| Value At Risk | (5.34) | |||
| Potential Upside | 4.16 |
Other Information on Investing in Shelf Stock
Shelf Drilling financial ratios help investors to determine whether Shelf Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shelf with respect to the benefits of owning Shelf Drilling security.