Golar Lng Limited Stock Market Value
| GLNG Stock | USD 25.29 0.12 0.48% |
| Symbol | Golar |
Golar LNG Limited Price To Book Ratio
Is Golar LNG'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 Golar LNG. If investors know Golar 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 Golar LNG 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 (0.33) | Dividend Share 1 | Earnings Share (0.44) | Revenue Per Share 2.799 | Quarterly Revenue Growth 0.347 |
The market value of Golar LNG Limited is measured differently than its book value, which is the value of Golar that is recorded on the company's balance sheet. Investors also form their own opinion of Golar LNG's value that differs from its market value or its book value, called intrinsic value, which is Golar LNG'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 Golar LNG's market value can be influenced by many factors that don't directly affect Golar LNG'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 Golar LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golar LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golar LNG'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.
Golar LNG '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 Golar LNG'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 Golar LNG.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Golar LNG on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Golar LNG Limited or generate 0.0% return on investment in Golar LNG over 720 days. Golar LNG is related to or competes with NuStar Energy, and Tidewater Midstream. Golar LNG Limited designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of L... More
Golar LNG 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 Golar LNG'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 Golar LNG Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.0886 | |||
| Maximum Drawdown | 10.67 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 2.39 |
Golar LNG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golar LNG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golar LNG's standard deviation. In reality, there are many statistical measures that can use Golar LNG historical prices to predict the future Golar LNG's volatility.| Risk Adjusted Performance | 0.0918 | |||
| Jensen Alpha | 0.1536 | |||
| Total Risk Alpha | 0.0074 | |||
| Sortino Ratio | 0.1057 | |||
| Treynor Ratio | 0.2239 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Golar LNG'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.
Golar LNG Limited Backtested Returns
Golar LNG appears to be very steady, given 3 months investment horizon. Golar LNG Limited holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Golar LNG Limited, which you can use to evaluate the volatility of the firm. Please utilize Golar LNG's Downside Deviation of 1.5, market risk adjusted performance of 0.2339, and Risk Adjusted Performance of 0.0918 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Golar LNG holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 1.06, which attests to a somewhat significant risk relative to the market. Golar LNG returns are very sensitive to returns on the market. As the market goes up or down, Golar LNG is expected to follow. Please check Golar LNG's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Golar LNG's current trending patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Golar LNG Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Golar LNG time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd 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 Golar LNG Limited price movement. The serial correlation of -0.2 indicates that over 20.0% of current Golar LNG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 1.87 |
Golar LNG Limited lagged returns against current returns
Autocorrelation, which is Golar LNG 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 Golar LNG's stock expected returns. We can calculate the autocorrelation of Golar LNG returns to help us make a trade decision. For example, suppose you find that Golar LNG 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 |
Golar LNG 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 Golar LNG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golar LNG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golar LNG stock over time.
Current vs Lagged Prices |
| Timeline |
Golar LNG Lagged Returns
When evaluating Golar LNG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golar LNG stock have on its future price. Golar LNG 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, Golar LNG autocorrelation shows the relationship between Golar LNG stock current value and its past values and can show if there is a momentum factor associated with investing in Golar LNG Limited.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Golar LNG in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Golar LNG's short interest history, or implied volatility extrapolated from Golar LNG options trading.
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Complementary Tools for Golar Stock analysis
When running Golar LNG's price analysis, check to measure Golar LNG'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 Golar LNG is operating at the current time. Most of Golar LNG's value examination focuses on studying past and present price action to predict the probability of Golar LNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golar LNG's price. Additionally, you may evaluate how the addition of Golar LNG to your portfolios can decrease your overall portfolio volatility.
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Golar LNG 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.