Nabors Industries Stock Price on January 10, 2022
| NBR Stock | USD 75.10 0.20 0.27% |
Below is the normalized historical share price chart for Nabors Industries extending back to November 05, 1984. 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 Nabors Industries stands at 75.10, as last reported on the 18th of April 2024, with the highest price reaching 76.85 and the lowest price hitting 73.21 during the day.
If you're considering investing in Nabors Stock, it is important to understand the factors that can impact its price. We consider Nabors Industries very steady. Nabors Industries has Sharpe Ratio of 0.0051, which conveys that the firm had a 0.0051% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nabors Industries, which you can use to evaluate the volatility of the firm. Please verify Nabors Industries' Downside Deviation of 2.6, risk adjusted performance of 0.0096, and Mean Deviation of 2.28 to check out if the risk estimate we provide is consistent with the expected return of 0.0142%.
At this time, Nabors Industries' Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 04/18/2024, Stock Based Compensation is likely to grow to about 26.5 M, while Common Stock Shares Outstanding is likely to drop slightly above 5.4 M. . At this time, Nabors Industries' Price Earnings To Growth Ratio is relatively stable compared to the past year. As of 04/18/2024, Price To Free Cash Flows Ratio is likely to grow to 8.09, while Price To Sales Ratio is likely to drop 0.24. Nabors Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of February 1991 | 200 Day MA 97.6285 | 50 Day MA 83.281 | Beta 2.349 |
Nabors |
Sharpe Ratio = 0.0051
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 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.
Price Book 2.3024 | Enterprise Value Ebitda 2.9471 | Price Sales 0.2502 | Shares Float 8.9 M | Wall Street Target Price 107.25 |
Nabors Industries Valuation on January 10, 2022
It is possible to determine the worth of Nabors Industries on a given historical date. On January 10, 2022 Nabors was worth 164.63 at the beginning of the trading date compared to the closed value of 165.2. 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 | |
04/04/2022 | 164.63 | 168.95 | 160.31 | 165.20 | 152,229 |
| 165.02 | 167.00 | 157.26 | 158.27 | 145,569 |
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Nabors Industries Trading Date Momentum on January 10, 2022
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.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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.2 M | 5.4 M | |
| Net Loss | -315.2 M | -299.5 M |
Nabors Industries Quarterly Net Working Capital |
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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.
Price Boundaries
Nabors Industries Period Price Range
Low | April 4, 2022
| High |
164.63 | 165.20 |
Nabors Industries April 18, 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.
| Risk Adjusted Performance | 0.0096 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.0008) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.Note that the Nabors Industries information on this page should be used as a complementary analysis to other Nabors Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary 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.
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Is Nabors Industries' 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 Nabors Industries. If investors know Nabors 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 Nabors Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.49) | Revenue Per Share 328.2 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0337 | Return On Equity 0.04 |
The market value of Nabors Industries is measured differently than its book value, which is the value of Nabors that is recorded on the company's balance sheet. Investors also form their own opinion of Nabors Industries' value that differs from its market value or its book value, called intrinsic value, which is Nabors Industries' 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 Nabors Industries' market value can be influenced by many factors that don't directly affect Nabors Industries' 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 Nabors Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nabors Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nabors Industries' 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.