Odfjell Drilling (Norway) Performance
| ODL Stock | NOK 63.40 0.80 1.25% |
On a scale of 0 to 100, Odfjell Drilling holds a performance score of 18. The company holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Odfjell Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Odfjell Drilling is expected to be smaller as well. Please check Odfjell Drilling's standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Odfjell Drilling's historical price patterns will revert.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Odfjell Drilling are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting essential indicators, Odfjell Drilling disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 206.9 M | |
| Total Cashflows From Investing Activities | -97.4 M |
Odfjell |
Odfjell Drilling Relative Risk vs. Return Landscape
If you would invest 4,870 in Odfjell Drilling on November 29, 2024 and sell it today you would earn a total of 1,470 from holding Odfjell Drilling or generate 30.18% return on investment over 90 days. Odfjell Drilling is generating 0.4665% of daily returns assuming 1.9457% volatility of returns over the 90 days investment horizon. Simply put, 17% of all stocks have less volatile historical return distribution than Odfjell Drilling, and 91% 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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Odfjell Drilling Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Odfjell Drilling's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Odfjell Drilling, and traders can use it to determine the average amount a Odfjell Drilling'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 = 0.2397
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Odfjell Drilling is performing at about 18% of its full potential. 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 Odfjell Drilling by adding it to a well-diversified portfolio.
Odfjell Drilling Fundamentals Growth
Odfjell Stock prices reflect investors' perceptions of the future prospects and financial health of Odfjell Drilling, and Odfjell Drilling fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Odfjell Stock performance.
| Return On Equity | 0.0701 | |||
| Return On Asset | 0.0368 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 12.69 B | |||
| Shares Outstanding | 236.78 M | |||
| Price To Earning | 171.97 X | |||
| Price To Book | 0.44 X | |||
| Price To Sales | 6.24 X | |||
| Revenue | 863.85 M | |||
| EBITDA | 313.49 M | |||
| Cash And Equivalents | 190.83 M | |||
| Cash Per Share | 0.81 X | |||
| Total Debt | 875.35 M | |||
| Debt To Equity | 143.70 % | |||
| Book Value Per Share | 5.36 X | |||
| Cash Flow From Operations | 256.5 M | |||
| Earnings Per Share | 3.50 X | |||
| Total Asset | 2.52 B | |||
| Retained Earnings | 574 M | |||
| Current Asset | 341 M | |||
| Current Liabilities | 315 M | |||
About Odfjell Drilling Performance
By examining Odfjell Drilling's fundamental ratios, stakeholders can obtain critical insights into Odfjell Drilling's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Odfjell Drilling is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Odfjell Drilling Ltd. operates as an integrated offshore drilling, well service, and engineering company worldwide. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Ltd. ODFJELL DRILLING operates under Oil Gas Drilling classification in Norway and is traded on Oslo Stock Exchange. It employs 2377 people.Things to note about Odfjell Drilling performance evaluation
Checking the ongoing alerts about Odfjell Drilling for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Odfjell Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Odfjell Drilling has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Odfjell Drilling has accumulated 875.35 M in total debt with debt to equity ratio (D/E) of 143.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Odfjell Drilling has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Odfjell Drilling until it has trouble settling it off, either with new capital or with free cash flow. So, Odfjell Drilling's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Odfjell Drilling sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Odfjell to invest in growth at high rates of return. When we think about Odfjell Drilling's use of debt, we should always consider it together with cash and equity. | |
| About 62.0% of Odfjell Drilling outstanding shares are owned by corporate insiders |
- Analyzing Odfjell Drilling'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 Odfjell Drilling's stock is overvalued or undervalued compared to its peers.
- Examining Odfjell Drilling'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 Odfjell Drilling's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Odfjell Drilling's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Odfjell Drilling's stock. These opinions can provide insight into Odfjell Drilling's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Odfjell Stock
Odfjell Drilling financial ratios help investors to determine whether Odfjell Stock 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 Odfjell with respect to the benefits of owning Odfjell Drilling security.