SBM Offshore (Netherlands) Market Value
| SBMO Stock | EUR 17.52 0.20 1.13% |
| Symbol | SBM |
SBM Offshore '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 SBM Offshore'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 SBM Offshore.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in SBM Offshore on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding SBM Offshore NV or generate 0.0% return on investment in SBM Offshore over 90 days. SBM Offshore is related to or competes with Koninklijke Vopak, Randstad, Aalberts Industries, Hydratec Industries, IShares Property, IShares VII, and Value8 NV. SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide More
SBM Offshore 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 SBM Offshore'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 SBM Offshore NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.83 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.03 |
SBM Offshore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SBM Offshore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SBM Offshore's standard deviation. In reality, there are many statistical measures that can use SBM Offshore historical prices to predict the future SBM Offshore's volatility.| Risk Adjusted Performance | 0.0582 | |||
| Jensen Alpha | 0.0138 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1461 |
SBM Offshore NV Backtested Returns
Currently, SBM Offshore NV is very steady. SBM Offshore NV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0557, which indicates the company had a 0.0557% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SBM Offshore NV, which you can use to evaluate the volatility of the entity. Please validate SBM Offshore's Downside Deviation of 1.41, risk adjusted performance of 0.0582, and Market Risk Adjusted Performance of 0.1561 to confirm if the risk estimate we provide is consistent with the expected return of 0.072%. SBM Offshore has a performance score of 4 on a scale of 0 to 100. The firm has a beta of 0.55, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SBM Offshore's returns are expected to increase less than the market. However, during the bear market, the loss of holding SBM Offshore is expected to be smaller as well. SBM Offshore NV currently has a risk of 1.29%. Please validate SBM Offshore jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if SBM Offshore will be following its existing price patterns.
Auto-correlation | 0.57 |
Modest predictability
SBM Offshore NV has modest predictability. Overlapping area represents the amount of predictability between SBM Offshore time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SBM Offshore NV price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current SBM Offshore price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
SBM Offshore NV lagged returns against current returns
Autocorrelation, which is SBM Offshore 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 SBM Offshore's stock expected returns. We can calculate the autocorrelation of SBM Offshore returns to help us make a trade decision. For example, suppose you find that SBM Offshore 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 |
SBM Offshore 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 SBM Offshore stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SBM Offshore stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SBM Offshore stock over time.
Current vs Lagged Prices |
| Timeline |
SBM Offshore Lagged Returns
When evaluating SBM Offshore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SBM Offshore stock have on its future price. SBM Offshore 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, SBM Offshore autocorrelation shows the relationship between SBM Offshore stock current value and its past values and can show if there is a momentum factor associated with investing in SBM Offshore NV.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for SBM Stock Analysis
When running SBM Offshore's price analysis, check to measure SBM Offshore'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 SBM Offshore is operating at the current time. Most of SBM Offshore's value examination focuses on studying past and present price action to predict the probability of SBM Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBM Offshore's price. Additionally, you may evaluate how the addition of SBM Offshore to your portfolios can decrease your overall portfolio volatility.