Weatherford International Plc Stock Price on April 2, 2024
| WFRD Stock | USD 127.97 4.32 3.49% |
Below is the normalized historical share price chart for Weatherford International PLC extending back to November 08, 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 Weatherford International stands at 127.97, as last reported on the 29th of April, with the highest price reaching 129.70 and the lowest price hitting 123.12 during the day.
If you're considering investing in Weatherford Stock, it is important to understand the factors that can impact its price. Weatherford International appears to be very steady, given 3 months investment horizon. Weatherford International shows Sharpe Ratio of 0.26, which attests that the company had a 0.26% return per unit of risk over the last 3 months. By examining Weatherford International's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Weatherford International's Mean Deviation of 2.09, market risk adjusted performance of 0.4648, and Downside Deviation of 2.69 to validate if our risk estimates are consistent with your expectations.
The current year's Liabilities And Stockholders Equity is expected to grow to about 7.7 B, whereas Total Stockholder Equity is forecasted to decline to about 877.8 M. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.03, whereas Price To Sales Ratio is forecasted to decline to 1.30. Weatherford Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of June 2021 | 200 Day MA 96.3627 | 50 Day MA 113.593 | Beta 1.871 |
Weatherford |
Sharpe Ratio = 0.2618
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Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Weatherford International is performing at about 20% 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 Weatherford International by adding it to a well-diversified portfolio.
Price Book 9.2152 | Enterprise Value Ebitda 9.4747 | Price Sales 1.6572 | Shares Float 71.7 M | Wall Street Target Price 150.5 |
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Weatherford International Valuation on April 2, 2024
It is possible to determine the worth of Weatherford International on a given historical date. On April 2, 2024 Weatherford was worth 119.61 at the beginning of the trading date compared to the closed value of 123.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weatherford International stock. Still, in general, we apply an absolute valuation method to find Weatherford International'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 Weatherford International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weatherford International's related companies.
| Open | High | Low | Close | Volume | |
| 116.06 | 121.11 | 115.42 | 118.33 | 773,829 | |
04/02/2024 | 119.61 | 125.15 | 119.61 | 123.27 | 1,338,223 |
| 123.28 | 127.45 | 123.27 | 126.41 | 689,000 |
| Backtest Weatherford International | | | Weatherford International History | | | Weatherford International Valuation | Previous | Next |
Weatherford International Trading Date Momentum on April 2, 2024
| On April 03 2024 Weatherford International PLC was traded for 126.41 at the closing time. The top price for the day was 127.45 and the lowest listed price was 123.27 . The trading volume for the day was 689 K. The trading history from April 3, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 2.55% . The trading price change against the current closing price is 1.95% . |
Weatherford International Fundamentals Correlations and Trends
By evaluating Weatherford International'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 Weatherford International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weatherford financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Weatherford International Stock history
Weatherford International 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 Weatherford is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weatherford International 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 Weatherford International stock prices may prove useful in developing a viable investing in Weatherford International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 74 M | 70.3 M | |
| Net Income Applicable To Common Shares | 29.9 M | 31.4 M |
Weatherford International Quarterly Net Working Capital |
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Weatherford International Stock Technical Analysis
Weatherford International 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
Weatherford International Period Price Range
Low | April 2, 2024
| High |
119.61 | 123.27 |
Weatherford International April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Weatherford International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Weatherford International shares will generate the highest return on investment. By undertsting and applying Weatherford International stock market strength indicators, traders can identify Weatherford International PLC entry and exit signals to maximize returns
Weatherford International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Weatherford International's price direction in advance. Along with the technical and fundamental analysis of Weatherford Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weatherford 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 | 0.1069 | |||
| Jensen Alpha | 0.3691 | |||
| Total Risk Alpha | 0.0817 | |||
| Sortino Ratio | 0.1367 | |||
| Treynor Ratio | 0.4548 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International 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 metropolitan statistical area. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Weatherford Stock analysis
When running Weatherford International's price analysis, check to measure Weatherford International'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 Weatherford International is operating at the current time. Most of Weatherford International's value examination focuses on studying past and present price action to predict the probability of Weatherford International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weatherford International's price. Additionally, you may evaluate how the addition of Weatherford International to your portfolios can decrease your overall portfolio volatility.
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Is Weatherford International'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 Weatherford International. If investors know Weatherford 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 Weatherford International 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 0.546 | Earnings Share 6.19 | Revenue Per Share 73.352 | Quarterly Revenue Growth 0.145 | Return On Assets 0.1107 |
The market value of Weatherford International is measured differently than its book value, which is the value of Weatherford that is recorded on the company's balance sheet. Investors also form their own opinion of Weatherford International's value that differs from its market value or its book value, called intrinsic value, which is Weatherford International'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 Weatherford International's market value can be influenced by many factors that don't directly affect Weatherford International'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 Weatherford International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Weatherford International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weatherford International'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.