Diamond Offshore Drilling Stock Performance
| DO Stock | USD 13.16 0.42 3.09% |
Diamond Offshore has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.28, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Diamond Offshore will likely underperform. Diamond Offshore Drilling right now shows a risk of 2.4%. Please confirm Diamond Offshore Drilling value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Diamond Offshore Drilling will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Diamond Offshore Drilling are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Diamond Offshore is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return (3.28) | Five Day Return 3.02 | Year To Date Return 2.06 | Ten Year Return 84.22 | All Time Return 84.22 |
Last Split Factor 2:1 | Last Split Date 1997-08-15 |
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| Begin Period Cash Flow | 97.3 M |
Diamond |
Diamond Offshore Relative Risk vs. Return Landscape
If you would invest 1,287 in Diamond Offshore Drilling on January 25, 2024 and sell it today you would earn a total of 29.00 from holding Diamond Offshore Drilling or generate 2.25% return on investment over 90 days. Diamond Offshore Drilling is generating 0.0637% of daily returns and assumes 2.4012% volatility on return distribution over the 90 days horizon. Put differently, 21% of stocks are less risky than Diamond on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Diamond Offshore Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamond Offshore's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Diamond Offshore Drilling, and traders can use it to determine the average amount a Diamond Offshore's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0265
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Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Diamond Offshore 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 Diamond Offshore by adding it to a well-diversified portfolio.
Diamond Offshore Fundamentals Growth
Diamond Stock prices reflect investors' perceptions of the future prospects and financial health of Diamond Offshore, and Diamond Offshore fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Diamond Stock performance.
| Return On Equity | -0.0675 | ||||
| Return On Asset | 0.018 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 1.97 B | ||||
| Shares Outstanding | 102.47 M | ||||
| Price To Earning | 183.80 X | ||||
| Price To Book | 2.23 X | ||||
| Price To Sales | 1.46 X | ||||
| Revenue | 1.06 B | ||||
| Gross Profit | 162.46 M | ||||
| EBITDA | 157.98 M | ||||
| Net Income | (44.71 M) | ||||
| Cash And Equivalents | 63.04 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 700.55 M | ||||
| Debt To Equity | 0.69 % | ||||
| Current Ratio | 1.30 X | ||||
| Book Value Per Share | 6.30 X | ||||
| Cash Flow From Operations | 11.78 M | ||||
| Earnings Per Share | (0.44) X | ||||
| Market Capitalization | 1.39 B | ||||
| Total Asset | 1.71 B | ||||
| Retained Earnings | (325.26 M) | ||||
| Working Capital | 161.27 M | ||||
| Current Asset | 1.03 B | ||||
| Current Liabilities | 115.94 M | ||||
About Diamond Offshore Performance
To evaluate Diamond Offshore Drilling Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Diamond Offshore generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Diamond Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Diamond Offshore Drilling market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Diamond's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.83 | 1.74 | |
| Return On Tangible Assets | (0.03) | (0.02) | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | (0.03) | (0.02) | |
| Return On Equity | (0.07) | (0.07) |
Things to note about Diamond Offshore Drilling performance evaluation
Checking the ongoing alerts about Diamond Offshore for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Diamond Offshore Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company generated the yearly revenue of 1.06 B. Annual Net Loss to common stockholders was (44.71 M) with gross profit of 162.46 M. | |
| Diamond Offshore has a frail financial position based on the latest SEC disclosures | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Diamond Offshore Drilling Repeat Insider Selling Not A Positive Indicator |
- Analyzing Diamond Offshore's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Diamond Offshore's stock is overvalued or undervalued compared to its peers.
- Examining Diamond Offshore's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Diamond Offshore's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Diamond Offshore's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Diamond Offshore's stock. These opinions can provide insight into Diamond Offshore's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Offshore Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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When running Diamond Offshore's price analysis, check to measure Diamond Offshore'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 Diamond Offshore is operating at the current time. Most of Diamond Offshore's value examination focuses on studying past and present price action to predict the probability of Diamond Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Offshore's price. Additionally, you may evaluate how the addition of Diamond Offshore to your portfolios can decrease your overall portfolio volatility.
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Is Diamond Offshore'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 Diamond Offshore. If investors know Diamond 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 Diamond Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 9.662 | Quarterly Revenue Growth 0.346 | Return On Assets 0.018 | Return On Equity (0.07) |
The market value of Diamond Offshore Drilling is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Offshore's value that differs from its market value or its book value, called intrinsic value, which is Diamond Offshore'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 Diamond Offshore's market value can be influenced by many factors that don't directly affect Diamond Offshore'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 Diamond Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Offshore'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.