Dolphin Drilling (Norway) Price on November 30, 2023

DDRIL Stock   3.60  0.20  5.26%   
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 3.60, as last reported on the 27th of November, with the highest price reaching 3.70 and the lowest price hitting 3.50 during the day. Dolphin Drilling secures Sharpe Ratio (or Efficiency) of -0.0337, which denotes the company had a -0.0337% return per unit of risk over the last 3 months. Dolphin Drilling AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dolphin Drilling's Variance of 14.6, standard deviation of 3.82, and Mean Deviation of 2.66 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.

Sharpe Ratio = -0.0337

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Estimated Market Risk

 3.81
  actual daily
33
67% 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 November 30, 2023

It is possible to determine the worth of Dolphin Drilling on a given historical date. On November 30, 2023 Dolphin was worth 8.6 at the beginning of the trading date compared to the closed value of 8.9. 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
  8.75    9.00    8.23    9.00    2,021,451  
11/30/2023
  8.60    9.10    8.60    8.90    722,917  
  9.15    9.15    8.38    8.68    540,560  
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Open Value
8.6
8.9
Closing Value
20.03
Upside

Dolphin Drilling Trading Date Momentum on November 30, 2023

On December 01 2023 Dolphin Drilling AS was traded for  8.68  at the closing time. The highest price during the trading period was 9.15  and the lowest recorded bid was listed for  8.38 . The volume for the day was 540.6 K. This history from December 1, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.47% . The overall trading delta to the current price is 11.91% .

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.
A focus of Dolphin Drilling technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dolphin Drilling trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dolphin Drilling Period Price Range

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November 27, 2024
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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 27, 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.

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.