BORR DRILLING (Germany) Price on September 4, 2023

B2W Stock   3.49  0.02  0.57%   
If you're considering investing in BORR Stock, it is important to understand the factors that can impact its price. As of today, the current price of BORR DRILLING stands at 3.49, as last reported on the 1st of December, with the highest price reaching 3.56 and the lowest price hitting 3.49 during the day. BORR DRILLING NEW secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. BORR DRILLING NEW exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BORR DRILLING's mean deviation of 2.63, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
  
BORR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1675

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsB2W

Estimated Market Risk

 3.43
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.57
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  actual daily
0
Most of other assets perform better
Based on monthly moving average BORR 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 BORR DRILLING by adding BORR DRILLING to a well-diversified portfolio.

BORR DRILLING Valuation on September 4, 2023

It is possible to determine the worth of BORR DRILLING on a given historical date. On September 4, 2023 BORR was worth 5.73 at the beginning of the trading date compared to the closed value of 5.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BORR DRILLING stock. Still, in general, we apply an absolute valuation method to find BORR 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 BORR DRILLING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BORR DRILLING's related companies.
 Open High Low Close Volume
  5.55    5.78    5.55    5.77    1.00  
09/04/2023
  5.73    5.92    5.73    5.89    1.00  
  5.87    5.87    5.78    5.80    1.00  
Backtest BORR DRILLING  |  BORR DRILLING History  |  BORR DRILLING Valuation   PreviousNext  
Open Value
5.73
5.89
Closing Value
16.02
Upside

BORR DRILLING Trading Date Momentum on September 4, 2023

On September 05 2023 BORR DRILLING NEW was traded for  5.80  at the closing time. The highest daily price throughout the period was 5.87  and the lowest price was  5.78 . There was no trading activity during the period 1.0. Lack of trading volume on 09/05/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.53% . The overall trading delta to current closing price is 5.26% .

About BORR DRILLING Stock history

BORR 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 BORR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BORR DRILLING NEW 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 BORR DRILLING stock prices may prove useful in developing a viable investing in BORR DRILLING

BORR DRILLING Stock Technical Analysis

BORR 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.
A focus of BORR DRILLING technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BORR DRILLING trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

BORR DRILLING Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

BORR DRILLING NEW cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

BORR DRILLING December 1, 2024 Market Strength

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 NEW entry and exit signals to maximize returns

BORR DRILLING Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for BORR DRILLING's price direction in advance. Along with the technical and fundamental analysis of BORR Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BORR 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.

Complementary Tools for BORR Stock analysis

When running BORR DRILLING's price analysis, check to measure BORR 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 BORR DRILLING is operating at the current time. Most of BORR DRILLING's value examination focuses on studying past and present price action to predict the probability of BORR 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 BORR DRILLING's price. Additionally, you may evaluate how the addition of BORR DRILLING to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Equity Valuation
Check real value of public entities based on technical and fundamental data
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Transaction History
View history of all your transactions and understand their impact on performance
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA