Subsea 7 (Norway) Price on September 5, 2024

SUBC Stock  NOK 181.60  3.50  1.89%   
If you're considering investing in Subsea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Subsea 7 stands at 181.60, as last reported on the 26th of November, with the highest price reaching 186.90 and the lowest price hitting 180.90 during the day. Subsea 7 SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0048, which indicates the firm had a -0.0048% return per unit of risk over the last 3 months. Subsea 7 SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Subsea 7's Variance of 3.56, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,125) to confirm the risk estimate we provide.
  
Subsea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0048

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Estimated Market Risk

 1.83
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Subsea 7 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 Subsea 7 by adding Subsea 7 to a well-diversified portfolio.

Subsea 7 Valuation on September 5, 2024

It is possible to determine the worth of Subsea 7 on a given historical date. On September 5, 2024 Subsea was worth 183.16 at the beginning of the trading date compared to the closed value of 182.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Subsea 7 stock. Still, in general, we apply an absolute valuation method to find Subsea 7'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 Subsea 7 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Subsea 7's related companies.
 Open High Low Close Volume
  178.25    183.65    177.95    183.16    418,590  
09/05/2024
  183.16    183.16    180.90    182.57    291,664  
  180.70    182.66    179.82    182.27    386,406  
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Open Value
183.16
177.68
Downside
182.57
Closing Value
188.64
Upside

Subsea 7 Trading Date Momentum on September 5, 2024

On September 06 2024 Subsea 7 SA was traded for  182.27  at the closing time. The highest price during the trading period was 182.66  and the lowest recorded bid was listed for  179.82 . The volume for the day was 386.4 K. This history from September 6, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.16% . The trading price change to the current price is 2.37% .

Subsea 7 SA Fundamentals Correlations and Trends

By evaluating Subsea 7'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 Subsea 7's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Subsea financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Subsea 7 Stock history

Subsea 7 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 Subsea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Subsea 7 SA 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 Subsea 7 stock prices may prove useful in developing a viable investing in Subsea 7
Subsea 7 S.A. delivers offshore projects and services for the evolving energy industry worldwide. Subsea 7 S.A. was incorporated in 1993 and is based in Luxembourg City, Luxembourg. SUBSEA 7 operates under Marine, Salvage, Dredging, Offshore Services classification in Norway and is traded on Oslo Stock Exchange. It employs 11000 people.

Subsea 7 Stock Technical Analysis

Subsea 7 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 Subsea 7 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Subsea 7 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

Subsea 7 Period Price Range

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November 26, 2024
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Subsea 7 SA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo 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.

Subsea 7 November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Subsea 7 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Subsea 7 shares will generate the highest return on investment. By undertsting and applying Subsea 7 stock market strength indicators, traders can identify Subsea 7 SA entry and exit signals to maximize returns

Subsea 7 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Subsea 7's price direction in advance. Along with the technical and fundamental analysis of Subsea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Subsea 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.

Other Information on Investing in Subsea Stock

Subsea 7 financial ratios help investors to determine whether Subsea Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Subsea with respect to the benefits of owning Subsea 7 security.