Transocean (Brazil) Price on August 19, 2024

RIGG34 Stock  BRL 21.90  0.58  2.58%   
If you're considering investing in Transocean Stock, it is important to understand the factors that can impact its price. As of today, the current price of Transocean stands at 21.90, as last reported on the 29th of December, with the highest price reaching 22.45 and the lowest price hitting 21.90 during the day. Transocean owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0208, which indicates the firm had a -0.0208% return per unit of risk over the last 3 months. Transocean exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transocean's Coefficient Of Variation of (1,727), variance of 8.69, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
  
Transocean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0208

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsRIGG34

Estimated Market Risk

 2.86
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Transocean 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 Transocean by adding Transocean to a well-diversified portfolio.

Transocean Valuation on August 19, 2024

It is possible to determine the worth of Transocean on a given historical date. On August 19, 2024 Transocean was worth 28.2 at the beginning of the trading date compared to the closed value of 28.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transocean stock. Still, in general, we apply an absolute valuation method to find Transocean'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 Transocean where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transocean's related companies.
 Open High Low Close Volume
  27.90    28.74    27.90    28.57    79.00  
08/19/2024
  28.20    28.22    27.94    28.06    2,814  
  27.87    27.87    27.46    27.46    4,371  
Backtest Transocean  |  Transocean History  |  Transocean Valuation   PreviousNext  
Open Value
28.2
28.06
Closing Value
36.79
Upside

Transocean Trading Date Momentum on August 19, 2024

On August 20 2024 Transocean was traded for  27.46  at the closing time. The highest price during the trading period was 27.87  and the lowest recorded bid was listed for  27.46 . The volume for the day was 4.4 K. This history from August 20, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.14% . The trading price change to the current price is 4.99% .

Transocean Fundamentals Correlations and Trends

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

About Transocean Stock history

Transocean 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 Transocean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transocean 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 Transocean stock prices may prove useful in developing a viable investing in Transocean
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company was founded in 1926 and is based in Steinhausen, Switzerland. TRANSOCEAN DRN is traded on Sao Paolo Stock Exchange in Brazil.

Transocean Stock Technical Analysis

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

Transocean Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Transocean cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.

Transocean December 29, 2024 Market Strength

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

Transocean Technical and Predictive Indicators

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

When running Transocean's price analysis, check to measure Transocean'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 Transocean is operating at the current time. Most of Transocean's value examination focuses on studying past and present price action to predict the probability of Transocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transocean's price. Additionally, you may evaluate how the addition of Transocean to your portfolios can decrease your overall portfolio volatility.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets