BORR DRILLING (Germany) Price on November 22, 2024
| B2W Stock | 3.42 0.18 5.00% |
If you're considering investing in BORR Stock, it is important to understand the factors that can impact its price. As of today, the current price of BORR DRILLING stands at 3.42, as last reported on the 27th of November, with the highest price reaching 3.55 and the lowest price hitting 3.42 during the day. BORR DRILLING NEW secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. BORR DRILLING NEW exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BORR DRILLING's risk adjusted performance of (0.1), and Mean Deviation of 2.59 to double-check the risk estimate we provide.
BORR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BORR |
Sharpe Ratio = -0.1862
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| Negative Returns | B2W |
Estimated Market Risk
| 3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BORR DRILLING is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BORR DRILLING by adding BORR DRILLING to a well-diversified portfolio.
BORR DRILLING Valuation on November 22, 2024
It is possible to determine the worth of BORR DRILLING on a given historical date. On November 22, 2024 BORR was worth 3.69 at the beginning of the trading date compared to the closed value of 3.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BORR DRILLING stock. Still, in general, we apply an absolute valuation method to find BORR DRILLING's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BORR DRILLING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BORR DRILLING's related companies.
| Open | High | Low | Close | Volume | |
| 3.62 | 3.78 | 3.62 | 3.78 | 300.00 | |
11/22/2024 | 3.69 | 3.87 | 3.69 | 3.87 | 300.00 |
| 3.83 | 3.83 | 3.60 | 3.60 | 300.00 |
| Backtest BORR DRILLING | | | BORR DRILLING History | | | BORR DRILLING Valuation | Previous | Next |
BORR DRILLING Trading Date Momentum on November 22, 2024
| On November 25 2024 BORR DRILLING NEW was traded for 3.60 at the closing time. The highest daily price throughout the period was 3.83 and the lowest price was 3.60 . The daily volume was 300. The net trading volume on 11/25/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 6.98% . The overall trading delta to current closing price is 8.27% . |
About BORR DRILLING Stock history
BORR DRILLING investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BORR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BORR DRILLING NEW will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BORR DRILLING stock prices may prove useful in developing a viable investing in BORR DRILLING
BORR DRILLING Stock Technical Analysis
BORR DRILLING technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
BORR DRILLING Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
BORR DRILLING NEW cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
BORR DRILLING November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how BORR DRILLING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BORR DRILLING shares will generate the highest return on investment. By undertsting and applying BORR DRILLING stock market strength indicators, traders can identify BORR DRILLING NEW entry and exit signals to maximize returns
BORR DRILLING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BORR DRILLING's price direction in advance. Along with the technical and fundamental analysis of BORR Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BORR to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | 7.46 |
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Complementary 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.
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