Seadrill Limited Stock Price on May 3, 2024
| SDRL Stock | USD 49.06 0.46 0.93% |
If you're considering investing in Seadrill Stock, it is important to understand the factors that can impact its price. As of today, the current price of Seadrill stands at 49.06, as last reported on the 6th of June, with the highest price reaching 49.06 and the lowest price hitting 49.06 during the day. We consider Seadrill very steady. Seadrill Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0545, which indicates the firm had a 0.0545% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Seadrill Limited, which you can use to evaluate the volatility of the company. Please validate Seadrill's Semi Deviation of 1.66, risk adjusted performance of 0.0704, and Coefficient Of Variation of 980.2 to confirm if the risk estimate we provide is consistent with the expected return of 0.091%.
At this time, Seadrill's Other Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 4.5 B this year, although the value of Common Stock Shares Outstanding will most likely fall to about 70.3 M. . At this time, Seadrill's Price To Sales Ratio is quite stable compared to the past year. Price Earnings Ratio is expected to rise to 11.75 this year, although the value of Price Earnings To Growth Ratio is projected to rise to (0.11). Seadrill Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Seadrill |
Sharpe Ratio = 0.0545
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| Cash | Small Risk | SDRL | High Risk | Huge Risk |
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Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Seadrill is performing at about 4% 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 Seadrill by adding it to a well-diversified portfolio.
Price Book 1.2253 | Enterprise Value Ebitda 6.7158 | Price Sales 2.4865 | Shares Float 60.8 M | Wall Street Target Price 63.67 |
Seadrill Main Headline on 3rd of May 2024
Why Seadrill, Schlumberger, and Noble Stocks Cratered in Dec... by news.google.com
Why Seadrill, Schlumberger, and Noble Stocks Cratered in December Yahoo Singapore News
Seadrill Valuation on May 3, 2024
It is possible to determine the worth of Seadrill on a given historical date. On May 3, 2024 Seadrill was worth 49.36 at the beginning of the trading date compared to the closed value of 49.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Seadrill stock. Still, in general, we apply an absolute valuation method to find Seadrill'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 Seadrill where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Seadrill's related companies.
| Open | High | Low | Close | Volume | |
| 47.07 | 49.08 | 47.01 | 48.84 | 752,955 | |
05/03/2024 | 49.36 | 50.12 | 48.61 | 49.99 | 541,381 |
| 50.52 | 51.63 | 50.31 | 50.59 | 460,405 |
| Backtest Seadrill | | | Seadrill History | | | Seadrill Valuation | Previous | Next |
Seadrill Trading Date Momentum on May 3, 2024
| On May 06 2024 Seadrill Limited was traded for 50.59 at the closing time. The top price for the day was 51.63 and the lowest listed price was 50.31 . The trading volume for the day was 460.4 K. The trading history from May 6, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 1.20% . The trading price change against the current closing price is 0.38% . |
Seadrill Limited Fundamentals Correlations and Trends
By evaluating Seadrill'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 Seadrill's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Seadrill financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Seadrill Stock history
Seadrill 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 Seadrill is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Seadrill Limited 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 Seadrill stock prices may prove useful in developing a viable investing in Seadrill
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 74 M | 70.3 M | |
| Net Income Applicable To Common Shares | 4.5 B | 4.7 B |
Seadrill Quarterly Net Working Capital |
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Seadrill Stock Technical Analysis
Seadrill technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Seadrill Period Price Range
Low | May 3, 2024
| High |
49.36 | 49.99 |
Seadrill June 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Seadrill stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Seadrill shares will generate the highest return on investment. By undertsting and applying Seadrill stock market strength indicators, traders can identify Seadrill Limited entry and exit signals to maximize returns
| Accumulation Distribution | 16310.56 | |||
| Daily Balance Of Power | 0.4172 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 49.36 | |||
| Day Typical Price | 49.57 | |||
| Price Action Indicator | 0.94 | |||
| Period Momentum Indicator | (0.93) |
Seadrill Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Seadrill's price direction in advance. Along with the technical and fundamental analysis of Seadrill Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Seadrill 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 | 0.0704 | |||
| Jensen Alpha | 0.144 | |||
| Total Risk Alpha | 0.1174 | |||
| Sortino Ratio | 0.0814 | |||
| Treynor Ratio | 0.1424 |
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Additional Information and Resources on Investing in Seadrill Stock
When determining whether Seadrill Limited is a strong investment it is important to analyze Seadrill's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Seadrill's future performance. For an informed investment choice regarding Seadrill Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seadrill Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seadrill. If investors know Seadrill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seadrill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Earnings Share 4.1 | Revenue Per Share 20.34 | Quarterly Revenue Growth 0.328 | Return On Assets 0.0689 |
The market value of Seadrill Limited is measured differently than its book value, which is the value of Seadrill that is recorded on the company's balance sheet. Investors also form their own opinion of Seadrill's value that differs from its market value or its book value, called intrinsic value, which is Seadrill's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seadrill's market value can be influenced by many factors that don't directly affect Seadrill's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seadrill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seadrill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seadrill's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.