Shelf Drilling (Norway) Analysis
| SDNS Stock | 21.00 8.00 27.59% |
Shelf Drilling is overvalued with Real Value of 19.26 and Hype Value of 21.0. The main objective of Shelf Drilling stock analysis is to determine its intrinsic value, which is an estimate of what Shelf Drilling is worth, separate from its market price. There are two main types of Shelf Drilling's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Shelf Drilling's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Shelf Drilling's stock to identify patterns and trends that may indicate its future price movements.
The Shelf Drilling stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway.
Shelf |
Shelf Stock Analysis Notes
The company has price-to-book ratio of 1.13. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Shelf Drilling had not issued any dividends in recent years. To find out more about Shelf Drilling contact the company at 971 4 567 3400 or learn more at https://www.shelfdrilling.com.Shelf Drilling Investment Alerts
| Shelf Drilling generated a negative expected return over the last 90 days | |
| Shelf Drilling has high historical volatility and very poor performance |
Shelf Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shelf Drilling's market, we take the total number of its shares issued and multiply it by Shelf Drilling's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 2nd of December, Shelf Drilling has the Coefficient Of Variation of (4,936), variance of 16.71, and Risk Adjusted Performance of (0.01). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shelf Drilling, as well as the relationship between them. Please validate Shelf Drilling standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Shelf Drilling is priced more or less accurately, providing market reflects its prevalent price of 21.0 per share.Shelf Drilling Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Shelf Drilling middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Shelf Drilling. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Shelf Drilling Predictive Daily Indicators
Shelf Drilling intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Shelf Drilling stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Shelf Drilling Forecast Models
Shelf Drilling's time-series forecasting models are one of many Shelf Drilling's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Shelf Drilling's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Shelf Drilling to your portfolios without increasing risk or reducing expected return.Did you try this?
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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.