ODFJELL DRILLLTD (Germany) Performance
| OD3 Stock | EUR 4.18 0.21 4.78% |
On a scale of 0 to 100, ODFJELL DRILLLTD holds a performance score of 6. The company holds a Beta of -0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ODFJELL DRILLLTD are expected to decrease at a much lower rate. During the bear market, ODFJELL DRILLLTD is likely to outperform the market. Please check ODFJELL DRILLLTD's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether ODFJELL DRILLLTD's historical price patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in ODFJELL DRILLLTD DL 01 are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, ODFJELL DRILLLTD reported solid returns over the last few months and may actually be approaching a breakup point. ...more
ODFJELL |
ODFJELL DRILLLTD Relative Risk vs. Return Landscape
If you would invest 361.00 in ODFJELL DRILLLTD DL 01 on September 12, 2024 and sell it today you would earn a total of 57.00 from holding ODFJELL DRILLLTD DL 01 or generate 15.79% return on investment over 90 days. ODFJELL DRILLLTD DL 01 is currently producing 0.2806% returns and takes up 3.304% volatility of returns over 90 trading days. Put another way, 29% of traded stocks are less volatile than ODFJELL, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ODFJELL DRILLLTD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ODFJELL DRILLLTD's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ODFJELL DRILLLTD DL 01, and traders can use it to determine the average amount a ODFJELL DRILLLTD's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0849
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Estimated Market Risk
| 3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average ODFJELL DRILLLTD is performing at about 6% 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 ODFJELL DRILLLTD by adding it to a well-diversified portfolio.
ODFJELL DRILLLTD Fundamentals Growth
ODFJELL Stock prices reflect investors' perceptions of the future prospects and financial health of ODFJELL DRILLLTD, and ODFJELL DRILLLTD fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ODFJELL Stock performance.
| Return On Equity | 0.0701 | |||
| Return On Asset | 0.0368 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.15 % | |||
| Shares Outstanding | 236.78 M | |||
| Price To Earning | 16.03 X | |||
| Revenue | 917.85 M | |||
| EBITDA | 310.11 M | |||
| Cash And Equivalents | 190.83 M | |||
| Cash Per Share | 0.81 X | |||
| Total Debt | 1.49 B | |||
| Debt To Equity | 143.70 % | |||
| Book Value Per Share | 5.36 X | |||
| Cash Flow From Operations | 213.4 M | |||
| Earnings Per Share | 0.30 X | |||
About ODFJELL DRILLLTD Performance
By analyzing ODFJELL DRILLLTD's fundamental ratios, stakeholders can gain valuable insights into ODFJELL DRILLLTD's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ODFJELL DRILLLTD has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ODFJELL DRILLLTD has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Odfjell Drilling Ltd. operates as an integrated offshore drilling, well service, and engineering company worldwide. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Ltd. ODFJELL DRILL operates under Oil Gas Drilling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2377 people.Things to note about ODFJELL DRILLLTD performance evaluation
Checking the ongoing alerts about ODFJELL DRILLLTD for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ODFJELL DRILLLTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ODFJELL DRILLLTD had very high historical volatility over the last 90 days | |
| ODFJELL DRILLLTD has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| ODFJELL DRILLLTD DL 01 has accumulated 1.49 B in total debt with debt to equity ratio (D/E) of 143.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ODFJELL DRILLLTD has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ODFJELL DRILLLTD until it has trouble settling it off, either with new capital or with free cash flow. So, ODFJELL DRILLLTD's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ODFJELL DRILLLTD sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ODFJELL to invest in growth at high rates of return. When we think about ODFJELL DRILLLTD's use of debt, we should always consider it together with cash and equity. | |
| About 62.0% of ODFJELL DRILLLTD outstanding shares are owned by corporate insiders |
- Analyzing ODFJELL DRILLLTD's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ODFJELL DRILLLTD's stock is overvalued or undervalued compared to its peers.
- Examining ODFJELL DRILLLTD's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ODFJELL DRILLLTD's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ODFJELL DRILLLTD's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ODFJELL DRILLLTD's stock. These opinions can provide insight into ODFJELL DRILLLTD's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ODFJELL Stock analysis
When running ODFJELL DRILLLTD's price analysis, check to measure ODFJELL DRILLLTD'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 ODFJELL DRILLLTD is operating at the current time. Most of ODFJELL DRILLLTD's value examination focuses on studying past and present price action to predict the probability of ODFJELL DRILLLTD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODFJELL DRILLLTD's price. Additionally, you may evaluate how the addition of ODFJELL DRILLLTD to your portfolios can decrease your overall portfolio volatility.
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