Noble Plc Stock Price on September 19, 2018
NE Stock | USD 46.15 1.00 2.21% |
If you're considering investing in Noble Stock, it is important to understand the factors that can impact its price. As of today, the current price of Noble Plc stands at 46.15, as last reported on the 19th of April, with the highest price reaching 46.49 and the lowest price hitting 44.93 during the day. We consider Noble Plc very steady. Noble plc has Sharpe Ratio of 0.0354, which conveys that the firm had a 0.0354% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Noble Plc, which you can use to evaluate the volatility of the firm. Please verify Noble Plc's Risk Adjusted Performance of 0.0366, mean deviation of 1.21, and Downside Deviation of 1.4 to check out if the risk estimate we provide is consistent with the expected return of 0.0561%.
At present, Noble Plc's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 8.9 B, whereas Common Stock is forecasted to decline to 855.00. . At present, Noble Plc's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 42.47, whereas Price Earnings Ratio is forecasted to decline to 13.14. Noble Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Noble |
Sharpe Ratio = 0.0354
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | NE | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.58 actual daily | 13 87% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Noble Plc is performing at about 2% 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 Noble Plc by adding it to a well-diversified portfolio.
Price Book 1.7759 | Enterprise Value Ebitda 9.3859 | Price Sales 2.8288 | Shares Float 140.2 M | Dividend Share 0.7 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Noble Plc Stock history
Noble Plc 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 Noble is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Noble plc 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 Noble Plc stock prices may prove useful in developing a viable investing in Noble Plc
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 145.2 M | 188.9 M | |
Net Income Applicable To Common Shares | 152.1 M | 159.7 M |
Noble Plc Stock Technical Analysis
Noble Plc 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
Noble Plc Period Price Range
Noble Plc April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Noble Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Noble Plc shares will generate the highest return on investment. By undertsting and applying Noble Plc stock market strength indicators, traders can identify Noble plc entry and exit signals to maximize returns
Accumulation Distribution | 38687.63 | |||
Daily Balance Of Power | 0.641 | |||
Rate Of Daily Change | 1.02 | |||
Day Median Price | 45.71 | |||
Day Typical Price | 45.86 | |||
Price Action Indicator | 0.94 | |||
Period Momentum Indicator | 1.0 |
Noble Plc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Noble Plc's price direction in advance. Along with the technical and fundamental analysis of Noble Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Noble 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 | 0.0366 | |||
Jensen Alpha | 0.001 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | 0.0057 | |||
Treynor Ratio | 0.0595 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noble plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.Note that the Noble plc information on this page should be used as a complementary analysis to other Noble Plc's 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Noble Stock analysis
When running Noble Plc's price analysis, check to measure Noble Plc'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 Noble Plc is operating at the current time. Most of Noble Plc's value examination focuses on studying past and present price action to predict the probability of Noble Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noble Plc's price. Additionally, you may evaluate how the addition of Noble Plc to your portfolios can decrease your overall portfolio volatility.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
Is Noble Plc'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 Noble Plc. If investors know Noble 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 Noble Plc 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 0.123 | Dividend Share 0.7 | Earnings Share 3.32 | Revenue Per Share 17.79 | Quarterly Revenue Growth 0.04 |
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc'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 Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc'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 Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc'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.