Borr Drilling Stock Forecast - Day Typical Price
| BORR Stock | NOK 42.00 0.58 1.40% |
Borr Stock Forecast is based on your current time horizon.
Borr |
| Previous Day Typical Price | Day Typical Price | Trend |
| 41.7 | 41.7 |
| Check Borr Drilling Volatility | Backtest Borr Drilling | Information Ratio |
Borr Drilling Trading Date Momentum
| On December 01 2024 Borr Drilling was traded for 42.00 at the closing time. The highest price during the trading period was 42.00 and the lowest recorded bid was listed for 41.10 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not affect price variability. The overall trading delta to the current price is 1.38% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Borr Drilling to competition |
Other Forecasting Options for Borr Drilling
For every potential investor in Borr, whether a beginner or expert, Borr Drilling's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Borr Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Borr. Basic forecasting techniques help filter out the noise by identifying Borr Drilling's price trends.Borr Drilling Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Borr Drilling stock to make a market-neutral strategy. Peer analysis of Borr Drilling could also be used in its relative valuation, which is a method of valuing Borr Drilling by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Borr Drilling Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Borr Drilling's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Borr Drilling's current price.| Cycle Indicators | ||
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Borr Drilling Market Strength Events
Market strength indicators help investors to evaluate how Borr Drilling stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Borr Drilling shares will generate the highest return on investment. By undertsting and applying Borr Drilling stock market strength indicators, traders can identify Borr Drilling entry and exit signals to maximize returns.
Borr Drilling Risk Indicators
The analysis of Borr Drilling's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Borr Drilling's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting borr stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.06 | |||
| Standard Deviation | 2.88 | |||
| Variance | 8.29 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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When determining whether Borr Drilling is a strong investment it is important to analyze Borr Drilling's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Borr Drilling's future performance. For an informed investment choice regarding Borr Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Borr Drilling to cross-verify your projections. For more information on how to buy Borr Stock please use our How to buy in Borr Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.