Nabors Industries Stock Price on November 15, 2024

NBR Stock  USD 72.54  0.30  0.41%   
If you're considering investing in Nabors Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nabors Industries stands at 72.54, as last reported on the 21st of November, with the highest price reaching 74.94 and the lowest price hitting 70.63 during the day. Nabors Industries has Sharpe Ratio of -0.0238, which conveys that the firm had a -0.0238% return per unit of risk over the last 3 months. Nabors Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nabors Industries' Mean Deviation of 3.12, risk adjusted performance of (0.01), and Standard Deviation of 3.8 to check out the risk estimate we provide.
  
Nabors Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0238

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Estimated Market Risk

 3.8
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nabors Industries is not performing at its full potential. However, 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 Nabors Industries by adding Nabors Industries to a well-diversified portfolio.

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Nabors Industries Valuation on November 15, 2024

It is possible to determine the worth of Nabors Industries on a given historical date. On November 15, 2024 Nabors was worth 74.75 at the beginning of the trading date compared to the closed value of 72.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nabors Industries stock. Still, in general, we apply an absolute valuation method to find Nabors Industries' 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 Nabors Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nabors Industries' related companies.
 Open High Low Close Volume
  76.54    78.43    71.06    74.11    329,370  
11/15/2024
  74.75    75.94    70.74    72.22    417,986  
  74.72    74.72    71.56    72.51    287,460  
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Open Value
74.75
72.22
Closing Value
86.15
Upside

Nabors Industries Trading Date Momentum on November 15, 2024

On November 18 2024 Nabors Industries was traded for  72.51  at the closing time. Highest Nabors Industries's price during the trading hours was 74.72  and the lowest price during the day was  71.56 . The net volume was 287.5 K. The overall trading history on the 18th of November 2024 contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 0.40% . The trading delta at closing time to current price is 0.60% .

Nabors Industries Fundamentals Correlations and Trends

By evaluating Nabors Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nabors Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nabors financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nabors Industries Stock history

Nabors Industries 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 Nabors is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nabors Industries 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 Nabors Industries stock prices may prove useful in developing a viable investing in Nabors Industries
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda. Nabors Industries operates under Oil And Gas Drilling And Exploration classification in the United States and is traded on New York Stock Exchange. It employs 10000 people.

Nabors Industries Stock Technical Analysis

Nabors Industries 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.
A focus of Nabors Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nabors Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nabors Industries Period Price Range

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November 21, 2024
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Nabors Industries cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Nabors Industries November 21, 2024 Market Strength

Market strength indicators help investors to evaluate how Nabors Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nabors Industries shares will generate the highest return on investment. By undertsting and applying Nabors Industries stock market strength indicators, traders can identify Nabors Industries entry and exit signals to maximize returns

Nabors Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nabors Industries' price direction in advance. Along with the technical and fundamental analysis of Nabors Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nabors 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.

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.