Shelf Drilling (Norway) Performance
| SHLF Stock | 10.20 2.57 20.13% |
The entity has a beta of -0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Shelf Drilling are expected to decrease at a much lower rate. During the bear market, Shelf Drilling is likely to outperform the market. At this point, Shelf Drilling has a negative expected return of -0.81%. Please make sure to validate Shelf Drilling's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Shelf Drilling performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Shelf Drilling has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's essential indicators remain quite persistent which may send shares a bit higher in December 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 89 M | |
| Total Cashflows From Investing Activities | 23.6 M |
Shelf |
Shelf Drilling Relative Risk vs. Return Landscape
If you would invest 1,810 in Shelf Drilling on August 27, 2024 and sell it today you would lose (790.00) from holding Shelf Drilling or give up 43.65% of portfolio value over 90 days. Shelf Drilling is generating negative expected returns and assumes 3.7166% volatility on return distribution over the 90 days horizon. Simply put, 33% of stocks are less volatile than Shelf, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
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 = -0.2168
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| Negative Returns | SHLF |
Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.81 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shelf Drilling is not performing at its full potential. However, 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 Shelf Drilling 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.
| Return On Equity | -0.19 | |||
| Return On Asset | 0.0342 | |||
| Profit Margin | (0.07) % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 16.2 B | |||
| Shares Outstanding | 194.01 M | |||
| Price To Book | 1.46 X | |||
| Price To Sales | 5.91 X | |||
| Revenue | 526.57 M | |||
| EBITDA | 118.78 M | |||
| Cash And Equivalents | 232.31 M | |||
| Total Debt | 1.19 B | |||
| Book Value Per Share | 1.35 X | |||
| Cash Flow From Operations | (16.24 M) | |||
| Earnings Per Share | (4.83) X | |||
| Total Asset | 1.62 B | |||
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.| Shelf Drilling generated a negative expected return over the last 90 days | |
| Shelf Drilling has high historical volatility and very poor performance | |
| Shelf Drilling has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 526.57 M. Net Loss for the year was (78.64 M) with profit before overhead, payroll, taxes, and interest of 163.64 M. | |
| Shelf Drilling has accumulated about 232.31 M in cash with (16.24 M) of positive cash flow from operations. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders |
- 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.