Transocean Stock Price on September 30, 2024
| RIG Stock | USD 4.40 0.10 2.33% |
Below is the normalized historical share price chart for Transocean extending back to May 28, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Transocean stands at 4.40, as last reported on the 29th of November, with the highest price reaching 4.42 and the lowest price hitting 4.33 during the day.
If you're considering investing in Transocean Stock, it is important to understand the factors that can impact its price. At this point, Transocean is slightly risky. Transocean owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0134, which indicates the firm had a 0.0134% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Transocean, which you can use to evaluate the volatility of the company. Please validate Transocean's Risk Adjusted Performance of (0.03), coefficient of variation of (2,215), and Variance of 11.26 to confirm if the risk estimate we provide is consistent with the expected return of 0.0428%.
At this time, Transocean's Stock Based Compensation is most likely to decrease significantly in the upcoming years. The Transocean's current Sale Purchase Of Stock is estimated to increase to about 332.1 M, while Other Stockholder Equity is projected to decrease to roughly 8.5 B. . At this time, Transocean's Price Cash Flow Ratio is most likely to drop in the upcoming years. The Transocean's current Price Sales Ratio is estimated to increase to 2.72, while Price Book Value Ratio is projected to decrease to 0.44. Transocean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of May 1993 | 200 Day MA 5.1357 | 50 Day MA 4.3214 | Beta 2.787 |
Transocean |
Sharpe Ratio = 0.0134
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RIG |
Estimated Market Risk
| 3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Transocean is performing at about 1% 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 Transocean by adding it to a well-diversified portfolio.
Price Book 0.3682 | Enterprise Value Ebitda 29.0705 | Price Sales 1.1367 | Shares Float 687.2 M | Wall Street Target Price 5.3308 |
Transocean Valuation on September 30, 2024
It is possible to determine the worth of Transocean on a given historical date. On September 30, 2024 Transocean was worth 4.31 at the beginning of the trading date compared to the closed value of 4.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transocean stock. Still, in general, we apply an absolute valuation method to find Transocean'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 Transocean where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transocean's related companies.
| Open | High | Low | Close | Volume | |
| 4.24 | 4.36 | 4.24 | 4.31 | 19,700,323 | |
09/30/2024 | 4.31 | 4.35 | 4.23 | 4.25 | 17,089,512 |
| 4.27 | 4.45 | 4.20 | 4.39 | 25,815,937 |
| Backtest Transocean | | | Transocean History | | | Transocean Valuation | Previous | Next |
Transocean Trading Date Momentum on September 30, 2024
| On October 01 2024 Transocean was traded for 4.39 at the closing time. Highest Transocean's price during the trading hours was 4.45 and the lowest price during the day was 4.20 . The net volume was 25.8 M. The overall trading history on the 1st of October contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 3.29% . The trading price change to current price is 1.65% . |
Transocean Fundamentals Correlations and Trends
By evaluating Transocean'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 Transocean's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transocean financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transocean Stock history
Transocean 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 Transocean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transocean 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 Transocean stock prices may prove useful in developing a viable investing in Transocean
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 768 M | 806.4 M | |
| Net Loss | -558.9 M | -531 M |
Transocean Quarterly Net Working Capital |
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Transocean Stock Technical Analysis
Transocean 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
Transocean Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Transocean cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Transocean November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Transocean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transocean shares will generate the highest return on investment. By undertsting and applying Transocean stock market strength indicators, traders can identify Transocean entry and exit signals to maximize returns
Transocean Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transocean's price direction in advance. Along with the technical and fundamental analysis of Transocean Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transocean 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 | (0.30) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.13) |
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| Volume Indicators |
Complementary Tools for Transocean Stock analysis
When running Transocean's price analysis, check to measure Transocean'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 Transocean is operating at the current time. Most of Transocean's value examination focuses on studying past and present price action to predict the probability of Transocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transocean's price. Additionally, you may evaluate how the addition of Transocean to your portfolios can decrease your overall portfolio volatility.
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