SBM OFFSHORE (Germany) Price on November 22, 2024
| IHCB Stock | EUR 17.32 0.44 2.48% |
If you're considering investing in SBM Stock, it is important to understand the factors that can impact its price. As of today, the current price of SBM OFFSHORE stands at 17.32, as last reported on the 26th of November, with the highest price reaching 17.32 and the lowest price hitting 17.32 during the day. At this point, SBM OFFSHORE is very steady. SBM OFFSHORE owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0662, which indicates the company had a 0.0662% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for SBM OFFSHORE, which you can use to evaluate the volatility of the entity. Please validate SBM OFFSHORE's Downside Deviation of 1.23, market risk adjusted performance of 0.293, and Risk Adjusted Performance of 0.0606 to confirm if the risk estimate we provide is consistent with the expected return of 0.0923%.
SBM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SBM |
Sharpe Ratio = 0.0662
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| Cash | Small Risk | IHCB | High Risk | Huge Risk |
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Estimated Market Risk
| 1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average SBM OFFSHORE is performing at about 5% of its full potential. 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 SBM OFFSHORE by adding it to a well-diversified portfolio.
SBM OFFSHORE Valuation on November 22, 2024
It is possible to determine the worth of SBM OFFSHORE on a given historical date. On November 22, 2024 SBM was worth 18.0 at the beginning of the trading date compared to the closed value of 18.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SBM OFFSHORE stock. Still, in general, we apply an absolute valuation method to find SBM OFFSHORE'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 SBM OFFSHORE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SBM OFFSHORE's related companies.
| Open | High | Low | Close | Volume | |
| 17.53 | 17.53 | 17.53 | 17.53 | 1.00 | |
11/22/2024 | 18.00 | 18.00 | 18.00 | 18.00 | 1.00 |
| 17.76 | 17.76 | 17.76 | 17.76 | 1.00 |
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SBM OFFSHORE Trading Date Momentum on November 22, 2024
| On November 25 2024 SBM OFFSHORE was traded for 17.76 at the closing time. The highest price during the trading period was 17.76 and the lowest recorded bid was listed for 17.76 . There was no trading activity during the period 1.0. Lack of trading volume on November 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.33% . The trading price change to the current price is 3.78% . |
SBM OFFSHORE Fundamentals Correlations and Trends
By evaluating SBM OFFSHORE'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 SBM OFFSHORE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SBM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SBM OFFSHORE Stock history
SBM OFFSHORE 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 SBM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SBM OFFSHORE 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 SBM OFFSHORE stock prices may prove useful in developing a viable investing in SBM OFFSHORE
SBM OFFSHORE Stock Technical Analysis
SBM OFFSHORE 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
SBM OFFSHORE Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
SBM OFFSHORE cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.
SBM OFFSHORE November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how SBM OFFSHORE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SBM OFFSHORE shares will generate the highest return on investment. By undertsting and applying SBM OFFSHORE stock market strength indicators, traders can identify SBM OFFSHORE entry and exit signals to maximize returns
SBM OFFSHORE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SBM OFFSHORE's price direction in advance. Along with the technical and fundamental analysis of SBM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SBM 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 | 0.0606 | |||
| Jensen Alpha | 0.0533 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.283 |
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Complementary Tools for SBM Stock analysis
When running SBM OFFSHORE's price analysis, check to measure SBM OFFSHORE'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 SBM OFFSHORE is operating at the current time. Most of SBM OFFSHORE's value examination focuses on studying past and present price action to predict the probability of SBM OFFSHORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBM OFFSHORE's price. Additionally, you may evaluate how the addition of SBM OFFSHORE to your portfolios can decrease your overall portfolio volatility.
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