Nabors Industries Stock Price Prediction
| NBR Stock | USD 75.43 2.89 3.98% |
Oversold Vs Overbought
60
Oversold | Overbought |
EPS Estimate Next Quarter (1.23) | EPS Estimate Current Year (17.45) | EPS Estimate Next Year (1.44) | Wall Street Target Price 87.3333 | EPS Estimate Current Quarter (2.20) |
Using Nabors Industries hype-based prediction, you can estimate the value of Nabors Industries from the perspective of Nabors Industries response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Nabors Industries to buy its stock at a price that has no basis in reality. In that case, they are not buying Nabors because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Nabors Industries after-hype prediction price | USD 75.36 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Nabors |
Nabors Industries After-Hype Price Prediction Density Analysis
As far as predicting the price of Nabors Industries at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Nabors Industries or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Nabors Industries, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Nabors Industries Estimiated After-Hype Price Volatility
In the context of predicting Nabors Industries' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nabors Industries' historical news coverage. Nabors Industries' after-hype downside and upside margins for the prediction period are 71.53 and 79.19, respectively. We have considered Nabors Industries' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Nabors Industries is very steady at this time. Analysis and calculation of next after-hype price of Nabors Industries is based on 3 months time horizon.
Nabors Industries Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Nabors Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nabors Industries backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Nabors Industries, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.03 | 3.83 | 0.07 | 0.01 | 7 Events / Month | 7 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
75.43 | 75.36 | 0.09 |
|
Nabors Industries Hype Timeline
On the 21st of November Nabors Industries is traded for 75.43. The entity has historical hype elasticity of -0.07, and average elasticity to hype of competition of 0.01. Nabors is forecasted to decline in value after the next headline, with the price expected to drop to 75.36. The average volatility of media hype impact on the company price is about 170.98%. The price depreciation on the next news is expected to be -0.09%, whereas the daily expected return is now at -0.03%. The volatility of related hype on Nabors Industries is about 1438.5%, with the expected price after the next announcement by competition of 75.44. About 75.0% of the company shares are owned by institutional investors. The book value of Nabors Industries was now reported as 20.04. The company recorded a loss per share of 23.97. Nabors Industries last dividend was issued on the 11th of March 2020. The entity had 1:50 split on the 23rd of April 2020. Considering the 90-day investment horizon the next forecasted press release will be in about 7 days. Check out Nabors Industries Basic Forecasting Models to cross-verify your projections.Nabors Industries Related Hype Analysis
Having access to credible news sources related to Nabors Industries' direct competition is more important than ever and may enhance your ability to predict Nabors Industries' future price movements. Getting to know how Nabors Industries' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Nabors Industries may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HP | Helmerich and Payne | 0.42 | 7 per month | 2.47 | (0.01) | 3.69 | (4.82) | 12.16 | |
| PDS | Precision Drilling | (0.85) | 7 per month | 0.00 | (0.06) | 3.53 | (4.25) | 11.18 | |
| DO | Diamond Offshore Drilling | (0.32) | 11 per month | 1.87 | (0.04) | 2.65 | (3.30) | 15.02 | |
| SDRL | Seadrill Limited | (0.20) | 9 per month | 0.00 | (0.06) | 3.83 | (3.21) | 13.44 | |
| BORR | Borr Drilling | 0.10 | 9 per month | 0.00 | (0.23) | 4.04 | (6.51) | 14.51 | |
| PTEN | Patterson UTI Energy | (0.16) | 9 per month | 0.00 | (0.08) | 3.50 | (4.36) | 14.10 | |
| NE | Noble plc | 2.98 | 10 per month | 0.00 | (0.06) | 3.99 | (3.50) | 14.22 | |
| RIG | Transocean | 0.16 | 11 per month | 0.00 | (0.08) | 5.19 | (5.66) | 14.43 |
Nabors Industries Additional Predictive Modules
Most predictive techniques to examine Nabors price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nabors using various technical indicators. When you analyze Nabors charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Nabors Industries Predictive Indicators
The successful prediction of Nabors Industries stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Nabors Industries, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Nabors Industries based on analysis of Nabors Industries hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Nabors Industries's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nabors Industries's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.012 | 4.7E-5 | 2.59E-4 | 2.47E-4 | Price To Sales Ratio | 0.31 | 0.52 | 0.25 | 0.24 |
Story Coverage note for Nabors Industries
The number of cover stories for Nabors Industries depends on current market conditions and Nabors Industries' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nabors Industries is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Nabors Industries' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
Nabors Industries Short Properties
Nabors Industries' future price predictability will typically decrease when Nabors Industries' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nabors Industries often depends not only on the future outlook of the potential Nabors Industries' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nabors Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.2 M | |
| Cash And Short Term Investments | 1.1 B |
Additional Tools for Nabors Stock Analysis
When running Nabors Industries' price analysis, check to measure Nabors Industries' 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 Nabors Industries is operating at the current time. Most of Nabors Industries' value examination focuses on studying past and present price action to predict the probability of Nabors Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Industries' price. Additionally, you may evaluate how the addition of Nabors Industries to your portfolios can decrease your overall portfolio volatility.