Financial data analysis helps to confirm if markets are presently mispricing Odfjell Drilling. We are able to interpolate and collect eighteen available financial ratios for Odfjell Drilling, which can be compared to its competitors. The stock experiences a large bullish trend. Check odds of Odfjell Drilling to be traded at 70.43 in 90 days. Key indicators impacting Odfjell Drilling's financial strength include:
Understanding current and past Odfjell Drilling Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Odfjell Drilling's financial statements are interrelated, with each one affecting the others. For example, an increase in Odfjell Drilling's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Odfjell Drilling's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Odfjell Drilling. Check Odfjell Drilling's Beneish M Score to see the likelihood of Odfjell Drilling's management manipulating its earnings.
You should never invest in Odfjell Drilling without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Odfjell Stock, because this is throwing your money away. Analyzing the key information contained in Odfjell Drilling's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Odfjell Drilling Key Financial Ratios
There are many critical financial ratios that Odfjell Drilling's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Odfjell Drilling reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Odfjell Drilling's current stock value. Our valuation model uses many indicators to compare Odfjell Drilling value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Odfjell Drilling competition to find correlations between indicators driving Odfjell Drilling's intrinsic value. More Info.
Odfjell Drilling is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.90 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Odfjell Drilling is roughly 1.11 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Odfjell Drilling's earnings, one of the primary drivers of an investment's value.
Odfjell Drilling Systematic Risk
Odfjell Drilling's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Odfjell Drilling volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on Odfjell Drilling correlated with the market. If Beta is less than 0 Odfjell Drilling generally moves in the opposite direction as compared to the market. If Odfjell Drilling Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Odfjell Drilling is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Odfjell Drilling is generally in the same direction as the market. If Beta > 1 Odfjell Drilling moves generally in the same direction as, but more than the movement of the benchmark.
Odfjell Drilling Total Assets Over Time
Odfjell Drilling Thematic Clasifications
Odfjell Drilling is part of Oil And Gas investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Oil And Gas drilling, production, pipelines, and equipment. Companies involved in drilling, production, and distribution of oil and gas pipelines
This theme covers Oil And Gas drilling, production, pipelines, and equipment. Companies involved in drilling, production, and distribution of oil and gas pipelines. Get More Thematic Ideas
Odfjell Drilling February 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Odfjell Drilling help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Odfjell Drilling. We use our internally-developed statistical techniques to arrive at the intrinsic value of Odfjell Drilling based on widely used predictive technical indicators. In general, we focus on analyzing Odfjell Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Odfjell Drilling's daily price indicators and compare them against related drivers.
When running Odfjell Drilling's price analysis, check to measure Odfjell Drilling's 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 Odfjell Drilling is operating at the current time. Most of Odfjell Drilling's value examination focuses on studying past and present price action to predict the probability of Odfjell Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odfjell Drilling's price. Additionally, you may evaluate how the addition of Odfjell Drilling to your portfolios can decrease your overall portfolio volatility.