Disposition of 2918 shares by Kirk Shelton of NOV at 21.65 subject to Rule 16b-3
| NO8 Stock | EUR 13.36 0.02 0.15% |
Roughly 61% of NOV's investor base is looking to short. The analysis of current outlook of investing in NOV Inc suggests that many traders are alarmed regarding NOV's prospects. The current market sentiment, together with NOV's historical and current headlines, can help investors time the market. In addition, many technical investors use NOV Inc stock news signals to limit their universe of possible portfolio assets.
NOV stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of NOV daily returns and investor perception about the current price of NOV Inc as well as its diversification or hedging effects on your existing portfolios.
NOV |
Filed transaction by NOV Inc Officer See Remarks. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
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NOV Fundamental Analysis
We analyze NOV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NOV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NOV based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
NOV is regarded second in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
NOV Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NOV stock to make a market-neutral strategy. Peer analysis of NOV could also be used in its relative valuation, which is a method of valuing NOV by comparing valuation metrics with similar companies.
Peers
NOV Related Equities
| TW1 | Tenaris SA | 1.71 | ||||
| CO9 | China Oilfield | 1.27 | ||||
| 68V | Baker Hughes | 1.21 | ||||
| HAL | Halliburton | 1.21 | ||||
| NO8 | NOV | 0.15 | ||||
| HAL | Halliburton | 0.20 | ||||
| X9P | ChampionX | 0.81 | ||||
| SCL | Schlumberger | 2.49 |
Complementary Tools for NOV Stock analysis
When running NOV's price analysis, check to measure NOV'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 NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.
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