Nabors Energy Transition Stock Price on August 27, 2024
| NETDU Stock | 10.95 0.00 0.00% |
If you're considering investing in Nabors Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nabors Energy stands at 10.95, as last reported on the 27th of December, with the highest price reaching 10.95 and the lowest price hitting 10.95 during the day. Currently, Nabors Energy Transition is very steady. Nabors Energy Transition has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Nabors Energy, which you can use to evaluate the volatility of the firm. Please verify Nabors Energy's Standard Deviation of 0.193, risk adjusted performance of 0.137, and Mean Deviation of 0.078 to check out if the risk estimate we provide is consistent with the expected return of 0.0435%.
Nabors Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nabors |
Sharpe Ratio = 0.2186
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NETDU |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Nabors Energy is performing at about 17% 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 Nabors Energy by adding it to a well-diversified portfolio.
Book Value 7.968 | Enterprise Value 407.7 M | Shares Float 30.5 M |
Nabors Energy Valuation on August 27, 2024
It is possible to determine the worth of Nabors Energy on a given historical date. On August 27, 2024 Nabors was worth 10.68 at the beginning of the trading date compared to the closed value of 10.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nabors Energy stock. Still, in general, we apply an absolute valuation method to find Nabors Energy'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 Nabors Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nabors Energy's related companies.
| Open | High | Low | Close | Volume | |
| 10.68 | 10.68 | 10.68 | 10.68 | 1.00 | |
08/27/2024 | 10.68 | 10.68 | 10.68 | 10.68 | 1.00 |
| 10.68 | 10.68 | 10.68 | 10.68 | 643,586 |
| Backtest Nabors Energy | | | Nabors Energy History | | | Nabors Energy Valuation | Previous | Next |
Nabors Energy Trading Date Momentum on August 27, 2024
| On August 28 2024 Nabors Energy Transition was traded for 10.68 at the closing time. The highest daily price throughout the period was 10.68 and the lowest price was 10.68 . The daily volume was 643.6 K. The net trading volume on 08/28/2024 did not cause price change. The trading delta at closing time to current closing price is 0.19% . |
Nabors Energy Transition Fundamentals Correlations and Trends
By evaluating Nabors Energy'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 Nabors Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nabors financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nabors Energy Stock history
Nabors Energy 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 Nabors is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nabors Energy Transition 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 Nabors Energy stock prices may prove useful in developing a viable investing in Nabors Energy
Nabors Energy Stock Technical Analysis
Nabors Energy 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
Nabors Energy Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Nabors Energy Transition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Nabors Energy December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nabors Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nabors Energy shares will generate the highest return on investment. By undertsting and applying Nabors Energy stock market strength indicators, traders can identify Nabors Energy Transition entry and exit signals to maximize returns
Nabors Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nabors Energy's price direction in advance. Along with the technical and fundamental analysis of Nabors Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nabors 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 | 0.137 | |||
| Jensen Alpha | 0.0344 | |||
| Total Risk Alpha | 0.0203 | |||
| Treynor Ratio | (0.38) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Nabors Stock Analysis
When running Nabors Energy's price analysis, check to measure Nabors Energy'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 Nabors Energy is operating at the current time. Most of Nabors Energy's value examination focuses on studying past and present price action to predict the probability of Nabors Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Energy's price. Additionally, you may evaluate how the addition of Nabors Energy to your portfolios can decrease your overall portfolio volatility.