Shelf Drilling (Norway) Performance
| SDNS Stock | 29.00 0.00 0.00% |
On a scale of 0 to 100, Shelf Drilling holds a performance score of 12. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shelf Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shelf Drilling is expected to be smaller as well. Please check Shelf Drilling's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Shelf Drilling's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Shelf Drilling are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting essential indicators, Shelf Drilling disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Shelf Drilling Relative Risk vs. Return Landscape
If you would invest 2,360 in Shelf Drilling on September 1, 2024 and sell it today you would earn a total of 540.00 from holding Shelf Drilling or generate 22.88% return on investment over 90 days. Shelf Drilling is generating 0.3403% of daily returns and assumes 2.2283% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Shelf, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Shelf Drilling Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shelf Drilling's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shelf Drilling, and traders can use it to determine the average amount a Shelf Drilling'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 = 0.1527
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Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Shelf Drilling is performing at about 12% 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 Shelf Drilling by adding it to a well-diversified portfolio.
Shelf Drilling Fundamentals Growth
Shelf Stock prices reflect investors' perceptions of the future prospects and financial health of Shelf Drilling, and Shelf Drilling 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 Shelf Stock performance.
| Current Valuation | 2.2 B | |||
| Shares Outstanding | 100 M | |||
| Price To Book | 1.13 X | |||
About Shelf Drilling Performance
By examining Shelf Drilling's fundamental ratios, stakeholders can obtain critical insights into Shelf Drilling's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Shelf Drilling is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Shelf Drilling performance evaluation
Checking the ongoing alerts about Shelf Drilling for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shelf Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Shelf Drilling's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Shelf Drilling's stock performance include:- Analyzing Shelf Drilling'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 Shelf Drilling's stock is overvalued or undervalued compared to its peers.
- Examining Shelf Drilling'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 Shelf Drilling's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shelf Drilling's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shelf Drilling's stock. These opinions can provide insight into Shelf Drilling's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Shelf Stock
Shelf Drilling financial ratios help investors to determine whether Shelf Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shelf with respect to the benefits of owning Shelf Drilling security.