Vantage Drilling International Stock Price on August 2, 2023
VTDRF Stock | USD 25.50 0.00 0.00% |
If you're considering investing in Vantage Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Vantage Drilling stands at 25.50, as last reported on the 26th of December, with the highest price reaching 25.50 and the lowest price hitting 25.50 during the day. Vantage Drilling Int owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0162, which indicates the firm had a -0.0162% return per unit of risk over the last 3 months. Vantage Drilling International exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vantage Drilling's Risk Adjusted Performance of 0.0942, coefficient of variation of 942.34, and Variance of 137.03 to confirm the risk estimate we provide.
Vantage Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Vantage |
Sharpe Ratio = -0.0162
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Estimated Market Risk
1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.03 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 Vantage 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 Vantage Drilling by adding Vantage Drilling to a well-diversified portfolio.
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Vantage Drilling Valuation on August 2, 2023
It is possible to determine the worth of Vantage Drilling on a given historical date. On August 2, 2023 Vantage was worth 24.5 at the beginning of the trading date compared to the closed value of 24.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vantage Drilling pink sheet. Still, in general, we apply an absolute valuation method to find Vantage 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 Vantage Drilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vantage Drilling's related companies.
Open | High | Low | Close | Volume | |
24.50 | 24.50 | 24.50 | 24.50 | 11,400 | |
08/02/2023 | 24.50 | 24.50 | 24.50 | 24.50 | 1.00 |
24.10 | 24.10 | 22.38 | 23.50 | 654,500 |
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Vantage Drilling Trading Date Momentum on August 2, 2023
On August 03 2023 Vantage Drilling International was traded for 23.50 at the closing time. The highest daily price throughout the period was 24.10 and the lowest price was 22.38 . The daily volume was 654.5 K. The net trading volume on 08/03/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 4.08% . The trading price change to current closing price is 6.12% . |
Vantage Drilling Int Fundamentals Correlations and Trends
By evaluating Vantage Drilling'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 Vantage Drilling's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vantage financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vantage Drilling Pink Sheet history
Vantage 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 Vantage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vantage Drilling Int 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 Vantage Drilling stock prices may prove useful in developing a viable investing in Vantage Drilling
Vantage Drilling International provides offshore contract drilling services for national and independent oil and natural gas companies in the Cayman Islands, India, Qatar, Indonesia, Lebanon, Congo, Egypt, South Africa, Montenegro, Mediterranean, and internationally. Vantage Drilling International was founded in 2007 and is based in Houston, Texas. VANTAGE DRILLING operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 410 people.
Vantage Drilling Pink Sheet Technical Analysis
Vantage Drilling technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Vantage Drilling Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
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Vantage Drilling December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Vantage Drilling pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vantage Drilling shares will generate the highest return on investment. By undertsting and applying Vantage Drilling pink sheet market strength indicators, traders can identify Vantage Drilling International entry and exit signals to maximize returns
Vantage Drilling Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vantage Drilling's price direction in advance. Along with the technical and fundamental analysis of Vantage Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vantage 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 | 0.0942 | |||
Jensen Alpha | 1.29 | |||
Total Risk Alpha | 0.7237 | |||
Treynor Ratio | (0.74) |
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Complementary Tools for Vantage Pink Sheet analysis
When running Vantage Drilling's price analysis, check to measure Vantage 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 Vantage Drilling is operating at the current time. Most of Vantage Drilling's value examination focuses on studying past and present price action to predict the probability of Vantage 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 Vantage Drilling's price. Additionally, you may evaluate how the addition of Vantage Drilling to your portfolios can decrease your overall portfolio volatility.
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