Dolphin Drilling (Norway) Price on May 30, 2023
DDRIL Stock | 3.55 0.19 5.08% |
If you're considering investing in Dolphin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dolphin Drilling stands at 3.55, as last reported on the 30th of November, with the highest price reaching 3.75 and the lowest price hitting 3.41 during the day. Dolphin Drilling secures Sharpe Ratio (or Efficiency) of -0.0338, which denotes the company had a -0.0338% return per unit of risk over the last 3 months. Dolphin Drilling AS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dolphin Drilling's Mean Deviation of 2.67, variance of 14.71, and Standard Deviation of 3.84 to check the risk estimate we provide.
Dolphin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dolphin |
Sharpe Ratio = -0.0338
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Estimated Market Risk
3.84 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dolphin 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 Dolphin Drilling by adding Dolphin Drilling to a well-diversified portfolio.
Dolphin Drilling Valuation on May 30, 2023
It is possible to determine the worth of Dolphin Drilling on a given historical date. On May 30, 2023 Dolphin was worth 11.96 at the beginning of the trading date compared to the closed value of 11.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dolphin Drilling stock. Still, in general, we apply an absolute valuation method to find Dolphin 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 Dolphin Drilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dolphin Drilling's related companies.
Open | High | Low | Close | Volume | |
11.92 | 12.00 | 11.82 | 11.86 | 87,834 | |
05/30/2023 | 11.96 | 11.96 | 11.50 | 11.80 | 238,377 |
11.40 | 12.00 | 11.10 | 11.88 | 396,502 |
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Dolphin Drilling Trading Date Momentum on May 30, 2023
On May 31 2023 Dolphin Drilling AS was traded for 11.88 at the closing time. The highest price during the trading period was 12.00 and the lowest recorded bid was listed for 11.10 . The volume for the day was 396.5 K. This history from May 31, 2023 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.68% . The overall trading delta to the current price is 1.53% . |
Dolphin Drilling Fundamentals Correlations and Trends
By evaluating Dolphin Drilling's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dolphin Drilling's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dolphin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dolphin Drilling Stock history
Dolphin 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 Dolphin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dolphin Drilling 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 Dolphin Drilling stock prices may prove useful in developing a viable investing in Dolphin Drilling
Dolphin Drilling Stock Technical Analysis
Dolphin 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
Dolphin Drilling Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Dolphin Drilling AS cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Dolphin Drilling November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Dolphin 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 Dolphin Drilling shares will generate the highest return on investment. By undertsting and applying Dolphin Drilling stock market strength indicators, traders can identify Dolphin Drilling AS entry and exit signals to maximize returns
Dolphin Drilling Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dolphin Drilling's price direction in advance. Along with the technical and fundamental analysis of Dolphin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dolphin 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 | (0.03) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.83) | |||
Treynor Ratio | 0.4134 |
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Other Information on Investing in Dolphin Stock
Dolphin Drilling financial ratios help investors to determine whether Dolphin 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 Dolphin with respect to the benefits of owning Dolphin Drilling security.