Noble Plc Stock Price on June 7, 2024

NE Stock  USD 33.40  0.10  0.30%   
If you're considering investing in Noble Stock, it is important to understand the factors that can impact its price. As of today, the current price of Noble Plc stands at 33.40, as last reported on the 24th of January, with the highest price reaching 33.40 and the lowest price hitting 33.30 during the day. At this point, Noble Plc is very steady. Noble plc has Sharpe Ratio of 0.0509, which conveys that the firm had a 0.0509 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Noble Plc, which you can use to evaluate the volatility of the firm. Please verify Noble Plc's Downside Deviation of 2.09, risk adjusted performance of 0.0215, and Mean Deviation of 1.7 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
  
At present, Noble Plc's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 8.9 B, whereas Common Stock is forecasted to decline to 855.00. . At present, Noble Plc's Price To Free Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.05, whereas Price Earnings Ratio is forecasted to decline to 15.11. Noble Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0509

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Estimated Market Risk

 2.43
  actual daily
21
79% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Noble Plc is performing at about 4% of its full potential. 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 Noble Plc by adding it to a well-diversified portfolio.
Price Book
1.1352
Enterprise Value Ebitda
7.6336
Price Sales
2.01
Shares Float
157.6 M
Dividend Share
1.7

Noble Plc Valuation on June 7, 2024

It is possible to determine the worth of Noble Plc on a given historical date. On June 7, 2024 Noble was worth 41.39 at the beginning of the trading date compared to the closed value of 41.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Noble Plc stock. Still, in general, we apply an absolute valuation method to find Noble Plc'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 Noble Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Noble Plc's related companies.
 Open High Low Close Volume
  41.09    41.73    40.48    41.42    1,090,586  
06/07/2024
  41.39    42.38    41.13    41.36    903,978  
  41.99    44.13    41.74    43.87    4,465,059  
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Open Value
41.39
41.36
Closing Value
48.68
Upside

Noble Plc Trading Date Momentum on June 7, 2024

On June 10 2024 Noble plc was traded for  43.87  at the closing time. The highest price during the trading period was 44.13  and the lowest recorded bid was listed for  41.74 . The volume for the day was 4.5 M. This history from June 10, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 6.07% . The trading delta at closing time to the current price is 1.26% .

Noble plc Fundamentals Correlations and Trends

By evaluating Noble Plc'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 Noble Plc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Noble financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Noble Plc Stock history

Noble Plc 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 Noble is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Noble plc 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 Noble Plc stock prices may prove useful in developing a viable investing in Noble Plc
Last ReportedProjected for Next Year
Common Stock Shares Outstanding167 M188.9 M
Net Income Applicable To Common Shares152.1 M159.7 M

Noble Plc Stock Technical Analysis

Noble Plc 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 Noble Plc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Noble Plc 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

Noble Plc Period Price Range

Low
January 24, 2025
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Noble plc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Noble Plc January 24, 2025 Market Strength

Market strength indicators help investors to evaluate how Noble Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Noble Plc shares will generate the highest return on investment. By undertsting and applying Noble Plc stock market strength indicators, traders can identify Noble plc entry and exit signals to maximize returns

Noble Plc Technical and Predictive Indicators

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

When running Noble Plc's price analysis, check to measure Noble Plc'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 Noble Plc is operating at the current time. Most of Noble Plc's value examination focuses on studying past and present price action to predict the probability of Noble Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noble Plc's price. Additionally, you may evaluate how the addition of Noble Plc to your portfolios can decrease your overall portfolio volatility.
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