Odfjell Drilling (UK) Price on November 19, 2024
| 0QHX Stock | 48.50 0.15 0.31% |
Below is the normalized historical share price chart for Odfjell Drilling extending back to December 11, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Odfjell Drilling stands at 48.50, as last reported on the 2nd of December, with the highest price reaching 48.50 and the lowest price hitting 37.23 during the day.
If you're considering investing in Odfjell Stock, it is important to understand the factors that can impact its price. Odfjell Drilling maintains Sharpe Ratio (i.e., Efficiency) of -0.0737, which implies the firm had a -0.0737% return per unit of risk over the last 3 months. Odfjell Drilling exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Odfjell Drilling's Variance of 3.81, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,765) to confirm the risk estimate we provide.
Other Stockholder Equity is likely to gain to about 1 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.1 B in 2024. . Odfjell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 27.8944 | 50 Day MA 33.6741 | Beta 1.471 |
Odfjell |
Sharpe Ratio = -0.0737
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| Negative Returns | 0QHX |
Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Odfjell Drilling is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Odfjell Drilling by adding Odfjell Drilling to a well-diversified portfolio.
Book Value 5.873 | Enterprise Value 12.3 B | Shares Float 120.2 M | Market Capitalization 5.3 B | Dividend Share 0.24 |
Odfjell Drilling Valuation on November 19, 2024
It is possible to determine the worth of Odfjell Drilling on a given historical date. On November 19, 2024 Odfjell was worth 51.75 at the beginning of the trading date compared to the closed value of 51.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Odfjell Drilling stock. Still, in general, we apply an absolute valuation method to find Odfjell Drilling's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Odfjell Drilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Odfjell Drilling's related companies.
| Open | High | Low | Close | Volume | |
| 51.90 | 51.90 | 51.50 | 51.64 | 723.00 | |
11/19/2024 | 51.75 | 51.80 | 51.50 | 51.50 | 8,087 |
| 51.15 | 51.30 | 51.10 | 51.15 | 579.00 |
| Backtest Odfjell Drilling | | | Odfjell Drilling History | | | Odfjell Drilling Valuation | Previous | Next |
Odfjell Drilling Trading Date Momentum on November 19, 2024
| On November 20 2024 Odfjell Drilling was traded for 51.15 at the closing time. The highest price during the trading period was 51.30 and the lowest recorded bid was listed for 51.10 . The volume for the day was 579. This history from November 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.68% . The trading delta at closing time to the current price is 5.83% . |
Odfjell Drilling Fundamentals Correlations and Trends
By evaluating Odfjell Drilling's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Odfjell Drilling's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Odfjell financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Odfjell Drilling Stock history
Odfjell Drilling investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Odfjell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Odfjell Drilling will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Odfjell Drilling stock prices may prove useful in developing a viable investing in Odfjell Drilling
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 139.5 M | 146.5 M |
Odfjell Drilling Stock Technical Analysis
Odfjell Drilling technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Odfjell Drilling Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Odfjell Drilling cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Odfjell Drilling December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Odfjell 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 Odfjell Drilling shares will generate the highest return on investment. By undertsting and applying Odfjell Drilling stock market strength indicators, traders can identify Odfjell Drilling entry and exit signals to maximize returns
Odfjell Drilling Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Odfjell Drilling's price direction in advance. Along with the technical and fundamental analysis of Odfjell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Odfjell to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.40) |
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Additional Tools for Odfjell Stock Analysis
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.