Seadrill Limited Stock Market Value
| SDRL Stock | USD 40.68 0.81 2.03% |
| Symbol | Seadrill |
Seadrill Limited Price To Book Ratio
Is Energy Equipment & Services space 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 (0.55) | Earnings Share 5.78 | Revenue Per Share 20.648 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0404 |
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.
| 11/27/2023 |
| 11/21/2024 |
If you would invest 0.00 in Seadrill on November 27, 2023 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 360 days. Seadrill is related to or competes with Sable Offshore, Valaris, and Ensign Energy. 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.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.44 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 3.83 |
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 | (0.01) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.05) |
Seadrill Limited Backtested Returns
Seadrill Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0294, which indicates the firm had a -0.0294% return per unit of risk over the last 3 months. Seadrill Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Seadrill's Coefficient Of Variation of (5,448), variance of 6.55, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of 1.18, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Seadrill will likely underperform. At this point, Seadrill Limited has a negative expected return of -0.0757%. Please make sure to validate Seadrill's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Seadrill Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Seadrill Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Seadrill time series from 27th of November 2023 to 25th of May 2024 and 25th of May 2024 to 21st of November 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 -0.63 indicates that roughly 63.0% of current Seadrill price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 34.14 |
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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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.