Shelf Drilling Stock Net Income

SHLLFDelisted Stock  USD 1.70  0.00  0.00%   
As of the 7th of February, Shelf Drilling has the Risk Adjusted Performance of 0.0962, coefficient of variation of 911.15, and Variance of 13.05. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shelf Drilling, as well as the relationship between them. Please validate Shelf Drilling coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if Shelf Drilling is priced more or less accurately, providing market reflects its prevalent price of 1.7 per share. Please also confirm Shelf Drilling jensen alpha, which is currently at 0.4353 to double-check the company can sustain itself at a future point.
Shelf Drilling's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Shelf Drilling's valuation are provided below:
Shelf Drilling does not presently have any fundamental trend indicators for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, Shelf Drilling reported net income of (78.64 Million). This is 103.46% lower than that of the Energy sector and 80.4% lower than that of the Oil & Gas Drilling industry. The net income for all United States stocks is 113.77% higher than that of the company.

Shelf Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shelf Drilling's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Shelf Drilling could also be used in its relative valuation, which is a method of valuing Shelf Drilling by comparing valuation metrics of similar companies.
Shelf Drilling is currently under evaluation in net income category among its peers.

Shelf Fundamentals

About Shelf Drilling Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shelf Drilling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shelf Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shelf Drilling based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Other Consideration for investing in Shelf Pink Sheet

If you are still planning to invest in Shelf Drilling check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shelf Drilling's history and understand the potential risks before investing.
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