National Energy Services Stock Price on November 2, 2024
| NESR Stock | USD 9.05 0.15 1.63% |
Below is the normalized historical share price chart for National Energy Services extending back to June 05, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of National Energy stands at 9.05, as last reported on the 2nd of November, with the highest price reaching 9.25 and the lowest price hitting 9.02 during the day.
If you're considering investing in National Stock, it is important to understand the factors that can impact its price. Currently, National Energy Services is somewhat reliable. National Energy Services has Sharpe Ratio of 0.0465, which conveys that the firm had a 0.0465% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for National Energy, which you can use to evaluate the volatility of the firm. Please verify National Energy's Risk Adjusted Performance of 0.0029, standard deviation of 3.24, and Mean Deviation of 2.18 to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
At this time, National Energy's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/02/2024, Total Stockholder Equity is likely to grow to about 836.9 M, while Liabilities And Stockholders Equity is likely to drop slightly above 1.5 B. . As of 11/02/2024, Price To Sales Ratio is likely to drop to 0.52. In addition to that, Price Earnings Ratio is likely to drop to 37.27. National Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of May 2017 | 200 Day MA 9.1792 | 50 Day MA 9.266 | Beta 0.508 |
National |
Sharpe Ratio = 0.0465
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Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average National Energy is performing at about 3% 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 National Energy by adding it to a well-diversified portfolio.
Price Book 1.031 | Enterprise Value Ebitda 4.9695 | Price Sales 0.714 | Shares Float 44.6 M | Wall Street Target Price 15 |
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National Energy Valuation on November 2, 2024
It is possible to determine the worth of National Energy on a given historical date. On November 2, 2024 National was worth 9.21 at the beginning of the trading date compared to the closed value of 9.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of National Energy stock. Still, in general, we apply an absolute valuation method to find National Energy'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 National Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against National Energy's related companies.
| Open | High | Low | Close | Volume | |
| 9.20 | 9.28 | 9.20 | 9.20 | 232,229 | |
11/01/2024 | 9.21 | 9.25 | 9.02 | 9.05 | 62,512 |
| Backtest National Energy | | | National Energy History | | | National Energy Valuation | Previous |
National Energy Trading Date Momentum on November 2, 2024
| On November 01 2024 National Energy Services was traded for 9.05 at the closing time. The top price for the day was 9.25 and the lowest listed price was 9.02 . The trading volume for the day was 62.5 K. The trading history from November 1, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.77% . |
National Energy Services Fundamentals Correlations and Trends
By evaluating National Energy'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 National Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. National financial account trend analysis is a perfect complement when working with valuation or volatility modules.About National Energy Stock history
National Energy 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 National is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in National Energy Services 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 National Energy stock prices may prove useful in developing a viable investing in National Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 94.7 M | 119.7 M | |
| Net Income Applicable To Common Shares | 57.6 M | 40 M |
National Energy Quarterly Net Working Capital |
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National Energy Stock Technical Analysis
National Energy 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
National Energy Period Price Range
Low | November 2, 2024
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0.00 | 0.00 |
National Energy Services cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
National Energy November 2, 2024 Market Strength
Market strength indicators help investors to evaluate how National Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading National Energy shares will generate the highest return on investment. By undertsting and applying National Energy stock market strength indicators, traders can identify National Energy Services entry and exit signals to maximize returns
National Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for National Energy's price direction in advance. Along with the technical and fundamental analysis of National Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of National 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 | 0.0029 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.03) |
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Additional Tools for National Stock Analysis
When running National Energy's price analysis, check to measure National Energy'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 National Energy is operating at the current time. Most of National Energy's value examination focuses on studying past and present price action to predict the probability of National Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Energy's price. Additionally, you may evaluate how the addition of National Energy to your portfolios can decrease your overall portfolio volatility.