Sable Offshore Corp Stock Price on September 19, 2024
| SOC Stock | 24.08 1.06 4.60% |
If you're considering investing in Sable Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sable Offshore stands at 24.08, as last reported on the 25th of November, with the highest price reaching 24.12 and the lowest price hitting 22.61 during the day. Sable Offshore appears to be somewhat reliable, given 3 months investment horizon. Sable Offshore Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Sable Offshore's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please review Sable Offshore's Coefficient Of Variation of 736.85, semi deviation of 5.24, and Risk Adjusted Performance of 0.113 to confirm if our risk estimates are consistent with your expectations.
The current year's Common Stock Shares Outstanding is expected to grow to about 25.5 M, whereas Total Stockholder Equity is forecasted to decline to about 8.7 M. . As of November 25, 2024, Price Earnings Ratio is expected to decline to -6.98. In addition to that, Price Book Value Ratio is expected to decline to 25.59. Sable Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sable |
Sharpe Ratio = 0.1267
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| Small Returns | SOC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.94 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Sable Offshore is performing at about 9% 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 Sable Offshore by adding it to a well-diversified portfolio.
Price Book 11.9758 | Book Value 1.882 | Enterprise Value 2.1 B | Enterprise Value Ebitda (130.76) | Shares Float 35.7 M |
Sable Offshore Valuation on September 19, 2024
It is possible to determine the worth of Sable Offshore on a given historical date. On September 19, 2024 Sable was worth 26.46 at the beginning of the trading date compared to the closed value of 28.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sable Offshore stock. Still, in general, we apply an absolute valuation method to find Sable 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 Sable Offshore where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sable Offshore's related companies.
| Open | High | Low | Close | Volume | |
| 25.72 | 26.15 | 25.30 | 25.77 | 913,066 | |
09/19/2024 | 26.46 | 28.67 | 26.31 | 28.30 | 940,466 |
| 24.67 | 25.17 | 22.03 | 22.20 | 4,639,034 |
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Sable Offshore Trading Date Momentum on September 19, 2024
| On September 20 2024 Sable Offshore Corp was traded for 22.20 at the closing time. Highest Sable Offshore's price during the trading hours was 25.17 and the lowest price during the day was 22.03 . The net volume was 4.6 M. The overall trading history on the 20th of September contributed to the next trading period price depreciation. The trading price change to the next next day price was 21.55% . The trading price change to current price is 14.49% . |
Sable Offshore Corp Fundamentals Correlations and Trends
By evaluating Sable 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 Sable Offshore's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sable financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sable Offshore Stock history
Sable 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 Sable is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sable Offshore Corp 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 Sable Offshore stock prices may prove useful in developing a viable investing in Sable Offshore
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 20.8 M | 25.5 M |
Sable Offshore Stock Technical Analysis
Sable 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
Sable Offshore Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Sable Offshore Corp 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.
Sable Offshore November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Sable 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 Sable Offshore shares will generate the highest return on investment. By undertsting and applying Sable Offshore stock market strength indicators, traders can identify Sable Offshore Corp entry and exit signals to maximize returns
Sable Offshore Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sable Offshore's price direction in advance. Along with the technical and fundamental analysis of Sable Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sable 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 | 0.113 | |||
| Jensen Alpha | 0.8873 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.1351 | |||
| Treynor Ratio | 3.47 |
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Complementary Tools for Sable Stock analysis
When running Sable Offshore's price analysis, check to measure Sable 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 Sable Offshore is operating at the current time. Most of Sable Offshore's value examination focuses on studying past and present price action to predict the probability of Sable 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 Sable Offshore's price. Additionally, you may evaluate how the addition of Sable Offshore to your portfolios can decrease your overall portfolio volatility.
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