Schlumberger Stock Forecast - Daily Balance Of Power

SLB Stock  USD 43.94  0.28  0.64%   
Schlumberger Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Schlumberger stock prices and determine the direction of Schlumberger NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Schlumberger's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Schlumberger's Receivables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.77, whereas Inventory Turnover is forecasted to decline to 5.87. . The current year's Net Income Applicable To Common Shares is expected to grow to about 3.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.3 B.
On July 17, 2024 Schlumberger NV had Daily Balance Of Power of 0.2143. Balance of Power indicator (or BOP) measures the strength of Schlumberger NV market sensitivity to bulls and bears. It estimates the ability of Schlumberger buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Schlumberger Balance of Power indicator one can determine a trend of the price direction.
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Schlumberger Trading Date Momentum

On July 18 2024 Schlumberger NV was traded for  48.40  at the closing time. Highest Schlumberger's price during the trading hours was 49.02  and the lowest price during the day was  48.26 . The net volume was 10.8 M. The overall trading history on the 18th of July 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.37% . The trading price change to current price is 0.91% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Schlumberger

For every potential investor in Schlumberger, whether a beginner or expert, Schlumberger's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Schlumberger Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Schlumberger. Basic forecasting techniques help filter out the noise by identifying Schlumberger's price trends.

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Schlumberger NV Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Schlumberger's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Schlumberger's current price.

Schlumberger Market Strength Events

Market strength indicators help investors to evaluate how Schlumberger stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Schlumberger shares will generate the highest return on investment. By undertsting and applying Schlumberger stock market strength indicators, traders can identify Schlumberger NV entry and exit signals to maximize returns.

Schlumberger Risk Indicators

The analysis of Schlumberger's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Schlumberger's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting schlumberger stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Schlumberger NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schlumberger's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Schlumberger Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Schlumberger Nv Stock:
Check out Historical Fundamental Analysis of Schlumberger to cross-verify your projections.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Schlumberger. If investors know Schlumberger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Schlumberger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.064
Dividend Share
1.075
Earnings Share
3.11
Revenue Per Share
25.246
Quarterly Revenue Growth
0.102
The market value of Schlumberger NV is measured differently than its book value, which is the value of Schlumberger that is recorded on the company's balance sheet. Investors also form their own opinion of Schlumberger's value that differs from its market value or its book value, called intrinsic value, which is Schlumberger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Schlumberger's market value can be influenced by many factors that don't directly affect Schlumberger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Schlumberger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schlumberger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schlumberger's 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.