Borr Drilling Stock Probability of Future Stock Price Finishing Under 0.05
| BORR Stock | USD 3.85 0.08 2.12% |
Closest to current price Borr long CALL Option Payoff at Expiration
Borr |
Borr Drilling Target Price Odds to finish below 0.05
The tendency of Borr Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.05 or more in 90 days |
| 3.85 | 90 days | 0.05 | near 1 |
Based on a normal probability distribution, the odds of Borr Drilling to drop to $ 0.05 or more in 90 days from now is near 1 (This Borr Drilling probability density function shows the probability of Borr Stock to fall within a particular range of prices over 90 days) . Probability of Borr Drilling price to stay between $ 0.05 and its current price of $3.85 at the end of the 90-day period is about 13.73 .
Given the investment horizon of 90 days Borr Drilling has a beta of 0.87 suggesting Borr Drilling market returns are sensible to returns on the market. As the market goes up or down, Borr Drilling is expected to follow. Additionally Borr Drilling has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Borr Drilling Price Density |
| Price |
Predictive Modules for Borr Drilling
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Borr Drilling. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Borr Drilling Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Borr Drilling is not an exception. The market had few large corrections towards the Borr Drilling's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Borr Drilling, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Borr Drilling within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.61 | |
β | Beta against Dow Jones | 0.87 | |
σ | Overall volatility | 0.76 | |
Ir | Information ratio | -0.2 |
Borr Drilling Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Borr Drilling for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Borr Drilling can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Borr Drilling generated a negative expected return over the last 90 days | |
| Borr Drilling has high historical volatility and very poor performance | |
| Borr Drilling is unlikely to experience financial distress in the next 2 years | |
| Borr Drilling currently holds 1.7 B in liabilities with Debt to Equity (D/E) ratio of 2.11, implying the company greatly relies on financing operations through barrowing. Borr Drilling has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Borr Drilling's use of debt, we should always consider it together with its cash and equity. | |
| Borr Drilling currently holds about 279 M in cash with (50.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.22. | |
| Borr Drilling has a poor financial position based on the latest SEC disclosures | |
| Roughly 74.0% of Borr Drilling shares are held by institutions such as insurance companies | |
| Latest headline from seekingalpha.com: Borr Drilling posts 58M jackup deal in West Africa |
Borr Drilling Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Borr Stock often depends not only on the future outlook of the current and potential Borr Drilling's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Borr Drilling's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 248.2 M | |
| Cash And Short Term Investments | 102.5 M |
Borr Drilling Technical Analysis
Borr Drilling's future price can be derived by breaking down and analyzing its technical indicators over time. Borr Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Borr Drilling. In general, you should focus on analyzing Borr Stock price patterns and their correlations with different microeconomic environments and drivers.
Borr Drilling Predictive Forecast Models
Borr Drilling's time-series forecasting models is one of many Borr Drilling's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Borr Drilling's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Borr Drilling
Checking the ongoing alerts about Borr Drilling for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Borr Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Borr Drilling generated a negative expected return over the last 90 days | |
| Borr Drilling has high historical volatility and very poor performance | |
| Borr Drilling is unlikely to experience financial distress in the next 2 years | |
| Borr Drilling currently holds 1.7 B in liabilities with Debt to Equity (D/E) ratio of 2.11, implying the company greatly relies on financing operations through barrowing. Borr Drilling has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Borr Drilling's use of debt, we should always consider it together with its cash and equity. | |
| Borr Drilling currently holds about 279 M in cash with (50.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.22. | |
| Borr Drilling has a poor financial position based on the latest SEC disclosures | |
| Roughly 74.0% of Borr Drilling shares are held by institutions such as insurance companies | |
| Latest headline from seekingalpha.com: Borr Drilling posts 58M jackup deal in West Africa |
Additional Tools for Borr Stock Analysis
When running Borr Drilling's price analysis, check to measure Borr Drilling'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 Borr Drilling is operating at the current time. Most of Borr Drilling's value examination focuses on studying past and present price action to predict the probability of Borr Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Borr Drilling's price. Additionally, you may evaluate how the addition of Borr Drilling to your portfolios can decrease your overall portfolio volatility.