Nabors Book Value Per Share from 2010 to 2024
NBR Stock | USD 77.30 1.87 2.48% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter 139.87171089 | Current Value 132.88 | Quarterly Volatility 360.99360194 |
Check Nabors Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nabors Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 369.7 M, Interest Expense of 130.6 M or Total Revenue of 2.6 B, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 2.0E-4 or PTB Ratio of 1.93. Nabors financial statements analysis is a perfect complement when working with Nabors Industries Valuation or Volatility modules.
Nabors | Book Value Per Share |
Latest Nabors Industries' Book Value Per Share Growth Pattern
Below is the plot of the Book Value Per Share of Nabors Industries over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Nabors Industries' Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nabors Industries' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 20.04 X | 10 Years Trend |
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Book Value Per Share |
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Nabors Book Value Per Share Regression Statistics
Arithmetic Mean | 494.47 | |
Coefficient Of Variation | 73.01 | |
Mean Deviation | 308.75 | |
Median | 471.77 | |
Standard Deviation | 360.99 | |
Sample Variance | 130,316 | |
Range | 1K | |
R-Value | (0.64) | |
Mean Square Error | 82,561 | |
R-Squared | 0.41 | |
Significance | 0.01 | |
Slope | (51.79) | |
Total Sum of Squares | 1.8M |
Nabors Book Value Per Share History
Other Fundumenentals of Nabors Industries
Nabors Industries Book Value Per Share component correlations
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About Nabors Industries Financial Statements
Nabors Industries shareholders use historical fundamental indicators, such as Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Nabors Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Nabors Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Nabors Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Book Value Per Share | 139.87 | 132.88 | |
Tangible Book Value Per Share | 139.87 | 132.88 |
Pair Trading with Nabors Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nabors Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nabors Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Nabors Stock
Moving against Nabors Stock
0.34 | SOC | Sable Offshore Corp Symbol Change | PairCorr |
The ability to find closely correlated positions to Nabors Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nabors Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nabors Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nabors Industries to buy it.
The correlation of Nabors Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nabors Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nabors Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nabors Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Nabors Stock Analysis
When running Nabors Industries' price analysis, check to measure Nabors Industries' 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 Nabors Industries is operating at the current time. Most of Nabors Industries' value examination focuses on studying past and present price action to predict the probability of Nabors Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Industries' price. Additionally, you may evaluate how the addition of Nabors Industries to your portfolios can decrease your overall portfolio volatility.