Seadrill Limited Stock Market Value
| SDRL Stock | USD 51.23 0.57 1.13% |
| Symbol | Seadrill |
Seadrill Limited Price To Book Ratio
Is Seadrill's industry 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.
Seadrill '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 Seadrill's stock 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 Seadrill.
| 03/24/2024 |
| 05/23/2024 |
If you would invest 0.00 in Seadrill on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Seadrill Limited or generate 0.0% return on investment in Seadrill over 60 days. Seadrill is related to or competes with Diamond Offshore, Nabors Industries, Borr Drilling, Patterson UTI, Noble Plc, Transocean, and Independence Contract. Seadrill Limited provides offshore contract drilling services to the oil and gas industry worldwide More
Seadrill 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 Seadrill's stock 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 Seadrill Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.02 | |||
| Information Ratio | 0.0345 | |||
| Maximum Drawdown | 24.7 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 4.45 |
Seadrill Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Seadrill's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seadrill's standard deviation. In reality, there are many statistical measures that can use Seadrill historical prices to predict the future Seadrill's volatility.| Risk Adjusted Performance | 0.0543 | |||
| Jensen Alpha | 0.1135 | |||
| Total Risk Alpha | 0.0364 | |||
| Sortino Ratio | 0.033 | |||
| Treynor Ratio | 0.2321 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Seadrill's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Seadrill Limited Backtested Returns
We consider Seadrill very steady. Seadrill Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0499, which indicates the firm had a 0.0499% return per unit of risk over the last 24 months. We have found thirty technical indicators for Seadrill Limited, which you can use to evaluate the volatility of the company. Please validate Seadrill's Semi Deviation of 2.79, risk adjusted performance of 0.0543, and Coefficient Of Variation of 2040.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Seadrill has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Seadrill's returns are expected to increase less than the market. However, during the bear market, the loss of holding Seadrill is expected to be smaller as well. Seadrill Limited right now has a risk of 2.89%. Please validate Seadrill jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to decide if Seadrill will be following its existing price patterns.
Auto-correlation | -0.34 |
Poor reverse predictability
Seadrill Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Seadrill time series from 24th of March 2024 to 23rd of April 2024 and 23rd of April 2024 to 23rd of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Seadrill Limited price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Seadrill price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 1.51 |
Seadrill Limited lagged returns against current returns
Autocorrelation, which is Seadrill stock'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 Seadrill's stock expected returns. We can calculate the autocorrelation of Seadrill returns to help us make a trade decision. For example, suppose you find that Seadrill has exhibited high autocorrelation historically, and you observe that the stock 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 |
Seadrill 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 Seadrill stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seadrill stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seadrill stock over time.
Current vs Lagged Prices |
| Timeline |
Seadrill Lagged Returns
When evaluating Seadrill's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seadrill stock have on its future price. Seadrill 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, Seadrill autocorrelation shows the relationship between Seadrill stock current value and its past values and can show if there is a momentum factor associated with investing in Seadrill Limited.
Regressed Prices |
| Timeline |
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Check out Seadrill Correlation, Seadrill Volatility and Seadrill Alpha and Beta module to complement your research on Seadrill. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Seadrill Stock analysis
When running Seadrill's price analysis, check to measure Seadrill'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 Seadrill is operating at the current time. Most of Seadrill's value examination focuses on studying past and present price action to predict the probability of Seadrill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seadrill's price. Additionally, you may evaluate how the addition of Seadrill to your portfolios can decrease your overall portfolio volatility.
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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.