Dril Quip Stock Price on May 14, 2021
| DRQ Stock | USD 19.45 0.41 2.06% |
Below is the normalized historical share price chart for Dril Quip extending back to October 23, 1997. 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 Dril Quip stands at 19.45, as last reported on the 19th of April, with the highest price reaching 20.07 and the lowest price hitting 19.45 during the day.
If you're considering investing in Dril Stock, it is important to understand the factors that can impact its price. Dril Quip secures Sharpe Ratio (or Efficiency) of -0.0415, which denotes the company had a -0.0415% return per unit of risk over the last 3 months. Dril Quip exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dril Quip's Standard Deviation of 2.63, variance of 6.92, and Mean Deviation of 1.85 to check the risk estimate we provide.
At this time, Dril Quip's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 04/19/2024, Sale Purchase Of Stock is likely to grow to 0.00, while Total Stockholder Equity is likely to drop slightly above 755.2 M. . At this time, Dril Quip's Price To Sales Ratio is relatively stable compared to the past year. As of 04/19/2024, Price Earnings Ratio is likely to grow to 1,382, while Price To Book Ratio is likely to drop 0.86. Dril Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of October 1997 | 200 Day MA 24.0545 | 50 Day MA 22.3418 | Beta 0.854 |
Dril |
Sharpe Ratio = -0.0415
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Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dril Quip 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 Dril Quip by adding Dril Quip to a well-diversified portfolio.
Price Book 0.8472 | Enterprise Value Ebitda 17.3421 | Price Sales 1.7605 | Shares Float 33.8 M | Wall Street Target Price 28.67 |
Dril Quip Valuation on May 14, 2021
It is possible to determine the worth of Dril Quip on a given historical date. On May 14, 2021 Dril was worth 38.01 at the beginning of the trading date compared to the closed value of 37.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dril Quip stock. Still, in general, we apply an absolute valuation method to find Dril Quip'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 Dril Quip where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dril Quip's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 38.01 | 38.99 | 36.87 | 37.37 | 240,442 |
| 37.47 | 37.92 | 34.79 | 35.06 | 256,182 |
| Backtest Dril Quip | | | Dril Quip History | | | Dril Quip Valuation | Next |
Dril Quip Trading Date Momentum on May 14, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Dril Quip Fundamentals Correlations and Trends
By evaluating Dril Quip'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 Dril Quip's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dril financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dril Quip Stock history
Dril Quip 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 Dril is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dril Quip 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 Dril Quip stock prices may prove useful in developing a viable investing in Dril Quip
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 34.5 M | 40.3 M | |
| Net Income Applicable To Common Shares | 398.7 K | 378.8 K |
Dril Quip Quarterly Net Working Capital |
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Dril Quip Stock Technical Analysis
Dril Quip 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
Dril Quip Period Price Range
Low | April 4, 2022
| High |
38.01 | 37.37 |
Dril Quip April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Dril Quip stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dril Quip shares will generate the highest return on investment. By undertsting and applying Dril Quip stock market strength indicators, traders can identify Dril Quip entry and exit signals to maximize returns
| Accumulation Distribution | 13073.53 | |||
| Daily Balance Of Power | (0.30) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 37.93 | |||
| Day Typical Price | 37.74 | |||
| Price Action Indicator | (0.88) | |||
| Period Momentum Indicator | (17.92) | |||
| Relative Strength Index | 77.33 |
Dril Quip Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dril Quip's price direction in advance. Along with the technical and fundamental analysis of Dril Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dril 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 | (0.01) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.05) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dril Quip. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Dril Stock, please use our How to Invest in Dril Quip guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Dril Stock analysis
When running Dril Quip's price analysis, check to measure Dril Quip'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 Dril Quip is operating at the current time. Most of Dril Quip's value examination focuses on studying past and present price action to predict the probability of Dril Quip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dril Quip's price. Additionally, you may evaluate how the addition of Dril Quip to your portfolios can decrease your overall portfolio volatility.
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Is Dril Quip'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 Dril Quip. If investors know Dril 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 Dril Quip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.02 | Revenue Per Share 12.409 | Quarterly Revenue Growth 0.307 | Return On Assets 0.0009 | Return On Equity 0.0007 |
The market value of Dril Quip is measured differently than its book value, which is the value of Dril that is recorded on the company's balance sheet. Investors also form their own opinion of Dril Quip's value that differs from its market value or its book value, called intrinsic value, which is Dril Quip'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 Dril Quip's market value can be influenced by many factors that don't directly affect Dril Quip'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 Dril Quip's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dril Quip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dril Quip'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.