Noble Plc Stock Performance
| NE Stock | USD 32.02 0.15 0.47% |
Noble Plc has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.57, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Noble Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Noble Plc is expected to be smaller as well. Noble plc right now secures a risk of 2.39%. Please verify Noble plc downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Noble plc will be following its current price movements.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Noble plc are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Noble Plc is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return 1.91 | Five Day Return (1.98) | Year To Date Return (1.00) | Ten Year Return 31.84 | All Time Return 31.84 |
Forward Dividend Yield 0.0613 | Payout Ratio | Forward Dividend Rate 2 | Dividend Date 2024-12-19 | Ex Dividend Date 2024-12-05 |
1 | Noble Corporation plc Provides Guidance | 11/05/2024 |
2 | Acquisition by Apmh Invest As of 56371 shares of Noble Plc at 34.81 subject to Rule 16b-3 | 11/11/2024 |
3 | Noble Corps SVP Denton Blake sells shares worth 1.07 million | 11/13/2024 |
4 | Canyon Capital Advisors LLC Reduces Stake in Rush Street Interactive Inc | 11/15/2024 |
5 | Acquisition by Jennings H. Keith of 515 shares of Noble Plc subject to Rule 16b-3 | 11/22/2024 |
6 | Disposition of 2386 shares by Caroline Alting of Noble Plc at 43.06 subject to Rule 16b-3 | 11/29/2024 |
7 | Noble Corporation plc announces reminder of upcoming removal from trading and official listing on Nasdaq Copenhagen - Lelezard | 12/04/2024 |
8 | Wall Streets Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 6 percent Dividend Yields | 12/13/2024 |
| Noble Plc dividend paid on 19th of December 2024 | 12/19/2024 |
9 | Disposition of 524 shares by Caroline Alting of Noble Plc at 43.42 subject to Rule 16b-3 | 12/20/2024 |
10 | Xinhua Silk Road NE. Chinas Harbin welcomes visitors with special ice and snow attractions | 12/23/2024 |
11 | Noble Corporation Wins 84M Contract for Petronas Offshore Suriname | 01/02/2025 |
12 | Acquisition by Apmh Invest As of 192156 shares of Noble Plc at 46.4476 subject to Rule 16b-3 | 01/10/2025 |
13 | Noble Corp PLC Trading Down 3.08 percent on Jan 16 | 01/16/2025 |
14 | Disposition of 1812 shares by Hemmingsen Claus of Noble Plc subject to Rule 16b-3 | 01/24/2025 |
15 | Noble Sets Date for Major Financial Results What the Offshore Drilling Giant Will Reveal - StockTitan | 01/29/2025 |
| Begin Period Cash Flow | 485.7 M |
Noble |
Noble Plc Relative Risk vs. Return Landscape
If you would invest 3,099 in Noble plc on November 2, 2024 and sell it today you would earn a total of 103.00 from holding Noble plc or generate 3.32% return on investment over 90 days. Noble plc is generating 0.0829% of daily returns and assumes 2.3919% volatility on return distribution over the 90 days horizon. Put differently, 21% of stocks are less risky than Noble on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Noble Plc Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Noble Plc's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Noble plc, and traders can use it to determine the average amount a Noble Plc'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 = 0.0346
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Noble Plc is performing at about 2% 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 Noble Plc by adding it to a well-diversified portfolio.
Noble Plc Fundamentals Growth
Noble Stock prices reflect investors' perceptions of the future prospects and financial health of Noble Plc, and Noble Plc 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 Noble Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0596 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 6.82 B | ||||
| Shares Outstanding | 160.38 M | ||||
| Price To Earning | 29.72 X | ||||
| Price To Book | 1.12 X | ||||
| Price To Sales | 1.98 X | ||||
| Revenue | 2.59 B | ||||
| Gross Profit | 1.11 B | ||||
| EBITDA | 765.95 M | ||||
| Net Income | 481.9 M | ||||
| Cash And Equivalents | 194.14 M | ||||
| Cash Per Share | 2.39 X | ||||
| Total Debt | 611.87 M | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 1.94 X | ||||
| Book Value Per Share | 29.22 X | ||||
| Cash Flow From Operations | 574.34 M | ||||
| Earnings Per Share | 3.40 X | ||||
| Market Capitalization | 5.23 B | ||||
| Total Asset | 5.51 B | ||||
| Retained Earnings | 541.16 M | ||||
| Working Capital | 420.07 M | ||||
| Current Asset | 1.24 B | ||||
| Current Liabilities | 863.58 M | ||||
About Noble Plc Performance
By analyzing Noble Plc's fundamental ratios, stakeholders can gain valuable insights into Noble Plc's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Noble Plc 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 Noble Plc has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.11 | |
| Return On Capital Employed | 0.14 | 0.10 | |
| Return On Assets | 0.10 | 0.11 | |
| Return On Equity | 0.12 | 0.11 |
Things to note about Noble plc performance evaluation
Checking the ongoing alerts about Noble Plc for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Noble plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 78.0% of the company shares are owned by institutional investors | |
| On 19th of December 2024 Noble Plc paid $ 0.5 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Noble Sets Date for Major Financial Results What the Offshore Drilling Giant Will Reveal - StockTitan |
- Analyzing Noble Plc'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 Noble Plc's stock is overvalued or undervalued compared to its peers.
- Examining Noble Plc'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 Noble Plc's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Noble Plc's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Noble Plc's stock. These opinions can provide insight into Noble Plc's potential for growth and whether the stock is currently undervalued or overvalued.
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When running Noble Plc's price analysis, check to measure Noble Plc'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 Noble Plc is operating at the current time. Most of Noble Plc's value examination focuses on studying past and present price action to predict the probability of Noble Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noble Plc's price. Additionally, you may evaluate how the addition of Noble Plc to your portfolios can decrease your overall portfolio volatility.
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