Nabors Energy Transition Stock Price on July 31, 2024
| NETDW Stock | 0.17 0.01 6.25% |
If you're considering investing in Nabors Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nabors Energy stands at 0.17, as last reported on the 22nd of December, with the highest price reaching 0.17 and the lowest price hitting 0.15 during the day. Nabors Energy is out of control given 3 months investment horizon. Nabors Energy Transition has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.64% are justified by taking the suggested risk. Use Nabors Energy Transition Downside Deviation of 19.59, risk adjusted performance of 0.1222, and Mean Deviation of 10.19 to evaluate company specific risk that cannot be diversified away.
Nabors Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nabors |
Sharpe Ratio = 0.1513
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| Average Returns | NETDW | |||
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Estimated Market Risk
| 10.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.64 actual daily | 32 68% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Nabors Energy is performing at about 11% 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 Nabors Energy by adding it to a well-diversified portfolio.
Book Value 7.968 | Shares Float 30.5 M | Shares Short Prior Month 1.2 K | Shares Short 24.8 K |
Nabors Energy Valuation on July 31, 2024
It is possible to determine the worth of Nabors Energy on a given historical date. On July 31, 2024 Nabors was worth 0.073 at the beginning of the trading date compared to the closed value of 0.0701. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nabors Energy stock. Still, in general, we apply an absolute valuation method to find Nabors Energy'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 Nabors Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nabors Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.13 | 0.13 | 0.13 | 0.13 | 100.00 | |
07/31/2024 | 0.07 | 0.09 | 0.05 | 0.07 | 417,602 |
| 0.06 | 0.10 | 0.06 | 0.10 | 15,253 |
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Nabors Energy Trading Date Momentum on July 31, 2024
| On August 01 2024 Nabors Energy Transition was traded for 0.10 at the closing time. The highest daily price throughout the period was 0.10 and the lowest price was 0.06 . The daily volume was 15.3 K. The net trading volume on 08/01/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 42.65% . The trading delta at closing time to current closing price is 42.65% . |
About Nabors Energy Stock history
Nabors Energy 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 Nabors is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nabors Energy Transition 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 Nabors Energy stock prices may prove useful in developing a viable investing in Nabors Energy
Nabors Energy Stock Technical Analysis
Nabors Energy 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
Nabors Energy Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
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Nabors Energy December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Nabors Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nabors Energy shares will generate the highest return on investment. By undertsting and applying Nabors Energy stock market strength indicators, traders can identify Nabors Energy Transition entry and exit signals to maximize returns
Nabors Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nabors Energy's price direction in advance. Along with the technical and fundamental analysis of Nabors Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nabors 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 | 0.1222 | |||
| Jensen Alpha | 2.01 | |||
| Total Risk Alpha | 1.66 | |||
| Sortino Ratio | 0.1046 | |||
| Treynor Ratio | 0.8074 |
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Additional Tools for Nabors Stock Analysis
When running Nabors Energy's price analysis, check to measure Nabors Energy'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 Nabors Energy is operating at the current time. Most of Nabors Energy's value examination focuses on studying past and present price action to predict the probability of Nabors Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Energy's price. Additionally, you may evaluate how the addition of Nabors Energy to your portfolios can decrease your overall portfolio volatility.