Noble P Plc Stock Performance
The company owns a Beta (Systematic Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NOBLE P are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days NOBLE P PLC has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, NOBLE P is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
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NOBLE P Relative Risk vs. Return Landscape
If you would invest (100.00) in NOBLE P PLC on September 22, 2024 and sell it today you would earn a total of 100.00 from holding NOBLE P PLC or generate -100.0% return on investment over 90 days. NOBLE P PLC is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all stocks have less volatile historical return distribution than NOBLE P, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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NOBLE P Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NOBLE P's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NOBLE P PLC, and traders can use it to determine the average amount a NOBLE P's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average NOBLE P 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 NOBLE P by adding NOBLE P to a well-diversified portfolio.
Things to note about NOBLE P PLC performance evaluation
Checking the ongoing alerts about NOBLE P for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NOBLE P PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NOBLE P PLC is not yet fully synchronised with the market data | |
| NOBLE P PLC has some characteristics of a very speculative penny stock |
- Analyzing NOBLE P's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NOBLE P's stock is overvalued or undervalued compared to its peers.
- Examining NOBLE P's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NOBLE P's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NOBLE P's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NOBLE P's stock. These opinions can provide insight into NOBLE P's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Tools for NOBLE Stock
When running NOBLE P's price analysis, check to measure NOBLE P'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 NOBLE P is operating at the current time. Most of NOBLE P's value examination focuses on studying past and present price action to predict the probability of NOBLE P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOBLE P's price. Additionally, you may evaluate how the addition of NOBLE P to your portfolios can decrease your overall portfolio volatility.
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