Sbm Offshore Nv Stock Market Value
| SBFFF Stock | USD 18.10 0.00 0.00% |
| Symbol | SBM |
SBM Offshore 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SBM Offshore's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SBM Offshore.
| 07/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in SBM Offshore on July 2, 2023 and sell it all today you would earn a total of 0.00 from holding SBM Offshore NV or generate 0.0% return on investment in SBM Offshore over 570 days. SBM Offshore is related to or competes with Flotek Industries, ProPetro Holding, Liberty Oilfield, and KLX Energy. SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide More
SBM Offshore Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SBM Offshore's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SBM Offshore NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0275 | |||
| Maximum Drawdown | 11.88 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 2.49 |
SBM Offshore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SBM Offshore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SBM Offshore's standard deviation. In reality, there are many statistical measures that can use SBM Offshore historical prices to predict the future SBM Offshore's volatility.| Risk Adjusted Performance | 0.0481 | |||
| Jensen Alpha | 0.063 | |||
| Total Risk Alpha | 0.0207 | |||
| Treynor Ratio | 0.3765 |
SBM Offshore NV Backtested Returns
SBM Offshore NV owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the company had a close to zero % return per unit of standard deviation over the last 3 months. SBM Offshore NV exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SBM Offshore's Standard Deviation of 1.5, market risk adjusted performance of 0.3865, and Risk Adjusted Performance of 0.0481 to confirm the risk estimate we provide. The firm has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SBM Offshore's returns are expected to increase less than the market. However, during the bear market, the loss of holding SBM Offshore is expected to be smaller as well. At this point, SBM Offshore NV has a negative expected return of -0.0109%. Please make sure to validate SBM Offshore's value at risk, as well as the relationship between the kurtosis and day typical price , to decide if SBM Offshore NV performance from the past will be repeated at future time.
Auto-correlation | -0.31 |
Poor reverse predictability
SBM Offshore NV has poor reverse predictability. Overlapping area represents the amount of predictability between SBM Offshore time series from 2nd of July 2023 to 12th of April 2024 and 12th of April 2024 to 22nd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SBM Offshore NV price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current SBM Offshore price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
SBM Offshore NV lagged returns against current returns
Autocorrelation, which is SBM Offshore pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SBM Offshore's pink sheet expected returns. We can calculate the autocorrelation of SBM Offshore returns to help us make a trade decision. For example, suppose you find that SBM Offshore has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
SBM Offshore regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SBM Offshore pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SBM Offshore pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SBM Offshore pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SBM Offshore Lagged Returns
When evaluating SBM Offshore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SBM Offshore pink sheet have on its future price. SBM Offshore autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SBM Offshore autocorrelation shows the relationship between SBM Offshore pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SBM Offshore NV.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SBM Pink Sheet
SBM Offshore financial ratios help investors to determine whether SBM Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SBM with respect to the benefits of owning SBM Offshore security.