Schlumberger Nv Stock Market Value
SLB Stock | USD 49.44 0.33 0.67% |
Symbol | Schlumberger |
Schlumberger NV Price To Book Ratio
Is Schlumberger'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 Schlumberger. If investors know Schlumberger 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 Schlumberger 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 0.138 | Dividend Share 1.025 | Earnings Share 3 | Revenue Per Share 23.913 | Quarterly Revenue Growth 0.126 |
The market value of Schlumberger NV is measured differently than its book value, which is the value of Schlumberger that is recorded on the company's balance sheet. Investors also form their own opinion of Schlumberger's value that differs from its market value or its book value, called intrinsic value, which is Schlumberger'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 Schlumberger's market value can be influenced by many factors that don't directly affect Schlumberger'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 Schlumberger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schlumberger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schlumberger'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.
Schlumberger '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 Schlumberger'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 Schlumberger.
05/07/2022 |
| 04/26/2024 |
If you would invest 0.00 in Schlumberger on May 7, 2022 and sell it all today you would earn a total of 0.00 from holding Schlumberger NV or generate 0.0% return on investment in Schlumberger over 720 days. Schlumberger is related to or competes with Baker Hughes, NOV, Weatherford International, Tenaris SA, Halliburton, ChampionX, and TechnipFMC PLC. Schlumberger Limited provides technology for the energy industry worldwide More
Schlumberger 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 Schlumberger'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 Schlumberger NV upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.06) | |||
Maximum Drawdown | 9.73 | |||
Value At Risk | (1.80) | |||
Potential Upside | 2.11 |
Schlumberger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schlumberger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schlumberger's standard deviation. In reality, there are many statistical measures that can use Schlumberger historical prices to predict the future Schlumberger's volatility.Risk Adjusted Performance | 0.0014 | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schlumberger'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.
Schlumberger NV Backtested Returns
Schlumberger NV owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0673, which indicates the firm had a -0.0673% return per unit of risk over the last 3 months. Schlumberger NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schlumberger's Variance of 2.16, coefficient of variation of (14,464), and Risk Adjusted Performance of 0.0014 to confirm the risk estimate we provide. The entity has a beta of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Schlumberger's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schlumberger is expected to be smaller as well. Schlumberger NV has an expected return of -0.0983%. Please make sure to validate Schlumberger kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Schlumberger NV performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
Schlumberger NV has weak reverse predictability. Overlapping area represents the amount of predictability between Schlumberger time series from 7th of May 2022 to 2nd of May 2023 and 2nd of May 2023 to 26th of April 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 Schlumberger NV price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Schlumberger price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.26 | |
Spearman Rank Test | 0.03 | |
Residual Average | 0.0 | |
Price Variance | 21.88 |
Schlumberger NV lagged returns against current returns
Autocorrelation, which is Schlumberger 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 Schlumberger's stock expected returns. We can calculate the autocorrelation of Schlumberger returns to help us make a trade decision. For example, suppose you find that Schlumberger 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 |
Schlumberger 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 Schlumberger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schlumberger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schlumberger stock over time.
Current vs Lagged Prices |
Timeline |
Schlumberger Lagged Returns
When evaluating Schlumberger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schlumberger stock have on its future price. Schlumberger 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, Schlumberger autocorrelation shows the relationship between Schlumberger stock current value and its past values and can show if there is a momentum factor associated with investing in Schlumberger NV.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
When determining whether Schlumberger NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Schlumberger's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Schlumberger Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Schlumberger Nv Stock:Check out Schlumberger Correlation, Schlumberger Volatility and Schlumberger Alpha and Beta module to complement your research on Schlumberger. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Schlumberger Stock analysis
When running Schlumberger's price analysis, check to measure Schlumberger'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 Schlumberger is operating at the current time. Most of Schlumberger's value examination focuses on studying past and present price action to predict the probability of Schlumberger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schlumberger's price. Additionally, you may evaluate how the addition of Schlumberger to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
Schlumberger 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.