Transocean (Mexico) Market Value
| RIGN Stock | MXN 76.97 0.16 0.21% |
| Symbol | Transocean |
Transocean 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Transocean's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Transocean.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in Transocean on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding Transocean or generate 0.0% return on investment in Transocean over 360 days. Transocean is related to or competes with Costco Wholesale, Grupo Sports, McEwen Mining, Salesforce, Grupo Carso, and Unity Software. Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worl... More
Transocean Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Transocean's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Transocean upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.79 | |||
| Information Ratio | 0.0736 | |||
| Maximum Drawdown | 21.58 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 5.08 |
Transocean Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transocean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transocean's standard deviation. In reality, there are many statistical measures that can use Transocean historical prices to predict the future Transocean's volatility.| Risk Adjusted Performance | 0.0821 | |||
| Jensen Alpha | 0.2724 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0637 | |||
| Treynor Ratio | 0.4943 |
Transocean Backtested Returns
Transocean appears to be very steady, given 3 months investment horizon. Transocean owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Transocean, which you can use to evaluate the volatility of the company. Please review Transocean's Risk Adjusted Performance of 0.0821, coefficient of variation of 934.55, and Semi Deviation of 2.06 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Transocean holds a performance score of 11. The entity has a beta of 0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Transocean's returns are expected to increase less than the market. However, during the bear market, the loss of holding Transocean is expected to be smaller as well. Please check Transocean's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to make a quick decision on whether Transocean's existing price patterns will revert.
Auto-correlation | -0.61 |
Very good reverse predictability
Transocean has very good reverse predictability. Overlapping area represents the amount of predictability between Transocean time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Transocean price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Transocean price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 94.31 |
Transocean lagged returns against current returns
Autocorrelation, which is Transocean stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Transocean's stock expected returns. We can calculate the autocorrelation of Transocean returns to help us make a trade decision. For example, suppose you find that Transocean has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Transocean regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Transocean stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transocean stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transocean stock over time.
Current vs Lagged Prices |
| Timeline |
Transocean Lagged Returns
When evaluating Transocean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transocean stock have on its future price. Transocean autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Transocean autocorrelation shows the relationship between Transocean stock current value and its past values and can show if there is a momentum factor associated with investing in Transocean.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Transocean Stock Analysis
When running Transocean's price analysis, check to measure Transocean'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 Transocean is operating at the current time. Most of Transocean's value examination focuses on studying past and present price action to predict the probability of Transocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transocean's price. Additionally, you may evaluate how the addition of Transocean to your portfolios can decrease your overall portfolio volatility.