Noble Plc Stock Price on June 18, 2024

NE Stock  USD 29.65  0.23  0.77%   
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 29.65, as last reported on the 30th of December, with the highest price reaching 30.35 and the lowest price hitting 29.49 during the day. Noble plc has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Noble Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Noble Plc's Mean Deviation of 1.71, standard deviation of 2.4, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
  
Noble Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1144

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

Estimated Market Risk

 2.4
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Noble Plc 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 Noble Plc by adding Noble Plc to a well-diversified portfolio.

Noble Plc Valuation on June 18, 2024

It is possible to determine the worth of Noble Plc on a given historical date. On June 18, 2024 Noble was worth 42.31 at the beginning of the trading date compared to the closed value of 42.57. 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
  41.88    42.47    41.60    42.18    1,382,057  
06/18/2024
  42.31    43.00    42.23    42.57    1,213,668  
  42.79    43.99    42.65    43.25    1,304,762  
Backtest Noble Plc  |  Noble Plc History  |  Noble Plc Valuation   PreviousNext  
Open Value
42.31
42.57
Closing Value
49.50
Upside

Noble Plc Trading Date Momentum on June 18, 2024

On June 20 2024 Noble plc was traded for  43.25  at the closing time. The highest price during the trading period was 43.99  and the lowest recorded bid was listed for  42.65 . The volume for the day was 1.3 M. This history from June 20, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.60% . The trading delta at closing time to the current price is 3.90% .

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
Noble Corporation plc, together with its subsidiaries, operates as an offshore drilling contractor for the oil and gas industry worldwide. Noble Corporation plc was founded in 1921 and is based in Altrincham, the United Kingdom. Noble Corp operates under Oil Gas Drilling classification in the United States and is traded on New York Stock Exchange. It employs 1800 people.

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
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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 December 30, 2024 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.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope