Schlumberger Nv Stock Statistic Functions Pearson Correlation Coefficient

SLB Stock  USD 43.66  0.18  0.41%   
Schlumberger statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Schlumberger. Schlumberger value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Pearson Correlation Coefficient function function is designed to identify and follow existing trends. Schlumberger statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Schlumberger NV and its benchmark or peer.

Schlumberger Technical Analysis Modules

Most technical analysis of Schlumberger help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Schlumberger from various momentum indicators to cycle indicators. When you analyze Schlumberger 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.

About Schlumberger Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Schlumberger NV. We use our internally-developed statistical techniques to arrive at the intrinsic value of Schlumberger NV based on widely used predictive technical indicators. In general, we focus on analyzing Schlumberger Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Schlumberger's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Schlumberger's intrinsic value. In addition to deriving basic predictive indicators for Schlumberger, we also check how macroeconomic factors affect Schlumberger price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2024 (projected)
Dividend Yield0.01670.01120.0159
Price To Sales Ratio1.832.692.05
Hype
Prediction
LowEstimatedHigh
41.7643.6345.50
Details
Intrinsic
Valuation
LowRealHigh
39.2953.7455.61
Details
Naive
Forecast
LowNextHigh
39.8741.7443.61
Details
30 Analysts
Consensus
LowTargetHigh
58.5864.3771.45
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Schlumberger in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Schlumberger's short interest history, or implied volatility extrapolated from Schlumberger options trading.

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When determining whether Schlumberger NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schlumberger's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Schlumberger Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Schlumberger Nv Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Schlumberger NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Schlumberger. If investors know Schlumberger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Schlumberger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.064
Dividend Share
1.075
Earnings Share
3.11
Revenue Per Share
25.246
Quarterly Revenue Growth
0.102
The market value of Schlumberger NV is measured differently than its book value, which is the value of Schlumberger that is recorded on the company's balance sheet. Investors also form their own opinion of Schlumberger's value that differs from its market value or its book value, called intrinsic value, which is Schlumberger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Schlumberger's market value can be influenced by many factors that don't directly affect Schlumberger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Schlumberger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schlumberger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schlumberger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.