Scorpio Tankers Stock Price on September 15, 2023

STNG Stock  USD 52.62  0.29  0.55%   
Below is the normalized historical share price chart for Scorpio Tankers extending back to March 31, 2010. 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 Scorpio Tankers stands at 52.62, as last reported on the 22nd of November, with the highest price reaching 54.17 and the lowest price hitting 52.07 during the day.
IPO Date
31st of March 2010
200 Day MA
71.4327
50 Day MA
64.4432
Beta
0.166
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Scorpio Stock, it is important to understand the factors that can impact its price. Scorpio Tankers owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.25, which indicates the firm had a -0.25% return per unit of risk over the last 3 months. Scorpio Tankers exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scorpio Tankers' Risk Adjusted Performance of (0.18), variance of 3.16, and Coefficient Of Variation of (418.42) to confirm the risk estimate we provide.
  
At this time, Scorpio Tankers' Common Stock is most likely to increase significantly in the upcoming years. The Scorpio Tankers' current Capital Stock is estimated to increase to about 1.2 M, while Common Stock Total Equity is projected to decrease to roughly 716.7 K. . At this time, Scorpio Tankers' Price Cash Flow Ratio is most likely to increase significantly in the upcoming years. The Scorpio Tankers' current Price Sales Ratio is estimated to increase to 2.73, while Price Book Value Ratio is projected to decrease to 1.16. Scorpio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2475

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Estimated Market Risk

 1.8
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.44
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.25
  actual daily
0
Most of other assets perform better
Based on monthly moving average Scorpio Tankers 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 Scorpio Tankers by adding Scorpio Tankers to a well-diversified portfolio.
Price Book
0.9414
Enterprise Value Ebitda
3.2038
Price Sales
1.9424
Shares Float
39.6 M
Dividend Share
1.55

Scorpio Tankers Main Headline on 15th of September 2023

Scorpio Tankers dividend paid on 15th of September 2023

Scorpio Tankers Valuation on September 15, 2023

It is possible to determine the worth of Scorpio Tankers on a given historical date. On September 15, 2023 Scorpio was worth 51.58 at the beginning of the trading date compared to the closed value of 51.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scorpio Tankers stock. Still, in general, we apply an absolute valuation method to find Scorpio Tankers' 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 Scorpio Tankers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scorpio Tankers' related companies.
 Open High Low Close Volume
  50.67    52.67    50.65    51.69    1,472,180  
09/15/2023
  51.58    52.06    51.21    51.27    1,574,578  
  51.56    53.08    51.52    52.63    872,461  
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Open Value
51.58
51.27
Closing Value
56.97
Upside

Scorpio Tankers Trading Date Momentum on September 15, 2023

On September 18 2023 Scorpio Tankers was traded for  52.63  at the closing time. The top price for the day was 53.08  and the lowest listed price was  51.52 . The trading volume for the day was 872.5 K. The trading history from September 18, 2023 was a factor to the next trading day price rise. The trading price change against the next closing price was 2.65% . The trading price change against the current closing price is 0.10% .

Scorpio Tankers Fundamentals Correlations and Trends

By evaluating Scorpio Tankers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Scorpio Tankers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scorpio financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Scorpio Tankers Stock history

Scorpio Tankers 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 Scorpio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scorpio Tankers 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 Scorpio Tankers stock prices may prove useful in developing a viable investing in Scorpio Tankers
Last ReportedProjected for Next Year
Common Stock Shares Outstanding54.5 M57.3 M
Net Income Applicable To Common Shares732.8 M769.5 M

Scorpio Tankers Stock Technical Analysis

Scorpio Tankers 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 Scorpio Tankers technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Scorpio Tankers 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

Scorpio Tankers Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Scorpio Tankers 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.

Scorpio Tankers November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Scorpio Tankers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scorpio Tankers shares will generate the highest return on investment. By undertsting and applying Scorpio Tankers stock market strength indicators, traders can identify Scorpio Tankers entry and exit signals to maximize returns

Scorpio Tankers Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Scorpio Tankers' price direction in advance. Along with the technical and fundamental analysis of Scorpio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scorpio 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.

Complementary Tools for Scorpio Stock analysis

When running Scorpio Tankers' price analysis, check to measure Scorpio Tankers' 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 Scorpio Tankers is operating at the current time. Most of Scorpio Tankers' value examination focuses on studying past and present price action to predict the probability of Scorpio Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scorpio Tankers' price. Additionally, you may evaluate how the addition of Scorpio Tankers to your portfolios can decrease your overall portfolio volatility.
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