Tidewater Stock Market Value
| TDW Stock | USD 52.53 2.09 4.14% |
| Symbol | Tidewater |
Tidewater Price To Book Ratio
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tidewater. If investors know Tidewater will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tidewater listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.776 | Earnings Share 3.41 | Revenue Per Share 24.809 | Quarterly Revenue Growth 0.137 | Return On Assets 0.0845 |
The market value of Tidewater is measured differently than its book value, which is the value of Tidewater that is recorded on the company's balance sheet. Investors also form their own opinion of Tidewater's value that differs from its market value or its book value, called intrinsic value, which is Tidewater's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tidewater's market value can be influenced by many factors that don't directly affect Tidewater's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tidewater's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidewater is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidewater's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Tidewater '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 Tidewater'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 Tidewater.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Tidewater on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Tidewater or generate 0.0% return on investment in Tidewater over 30 days. Tidewater is related to or competes with Weatherford International, NOV, Liberty Oilfield, TechnipFMC PLC, ChampionX, Valaris, and Expro Group. Tidewater Inc., together with its subsidiaries, provides offshore marine support and transportation services to the offs... More
Tidewater 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 Tidewater'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 Tidewater upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 19.98 | |||
| Value At Risk | (4.88) | |||
| Potential Upside | 3.46 |
Tidewater Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tidewater's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tidewater's standard deviation. In reality, there are many statistical measures that can use Tidewater historical prices to predict the future Tidewater's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.88) | |||
| Total Risk Alpha | (1.10) | |||
| Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tidewater's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tidewater Backtested Returns
Tidewater owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.27, which indicates the firm had a -0.27% return per unit of risk over the last 3 months. Tidewater exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tidewater's Risk Adjusted Performance of (0.17), variance of 8.87, and Coefficient Of Variation of (425.11) to confirm the risk estimate we provide. The entity has a beta of 1.74, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tidewater will likely underperform. At this point, Tidewater has a negative expected return of -0.8%. Please make sure to validate Tidewater's coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Tidewater performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
Tidewater has weak predictability. Overlapping area represents the amount of predictability between Tidewater time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Tidewater price movement. The serial correlation of 0.21 indicates that over 21.0% of current Tidewater price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 13.04 |
Tidewater lagged returns against current returns
Autocorrelation, which is Tidewater 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 Tidewater's stock expected returns. We can calculate the autocorrelation of Tidewater returns to help us make a trade decision. For example, suppose you find that Tidewater 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 |
Tidewater 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 Tidewater stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tidewater stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tidewater stock over time.
Current vs Lagged Prices |
| Timeline |
Tidewater Lagged Returns
When evaluating Tidewater's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tidewater stock have on its future price. Tidewater 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, Tidewater autocorrelation shows the relationship between Tidewater stock current value and its past values and can show if there is a momentum factor associated with investing in Tidewater.
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 Tidewater Stock Analysis
When running Tidewater's price analysis, check to measure Tidewater'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 Tidewater is operating at the current time. Most of Tidewater's value examination focuses on studying past and present price action to predict the probability of Tidewater's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tidewater's price. Additionally, you may evaluate how the addition of Tidewater to your portfolios can decrease your overall portfolio volatility.