Noble Plc Stock Price Prediction
| NE Stock | USD 45.15 1.06 2.29% |
Oversold Vs Overbought
69
Oversold | Overbought |
Noble plc stock price prediction is an act of determining the future value of Noble Plc shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Noble Plc's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Noble Plc and does not consider all of the tangible or intangible factors available from Noble Plc's fundamental data. We analyze noise-free headlines and recent hype associated with Noble plc, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Noble Plc's stock price prediction:Quarterly Earnings Growth 0.123 | EPS Estimate Next Quarter 0.59 | EPS Estimate Current Year 3.5 | EPS Estimate Next Year 5.78 | Wall Street Target Price 60.55 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Noble Plc based on different types of headlines from major news networks to social media. The Noble stock price prediction module provides an analysis of price elasticity to changes in media outlook on Noble Plc over a specific investment horizon. Using Noble Plc hype-based prediction, you can estimate the value of Noble plc from the perspective of Noble Plc response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Noble Plc using Noble Plc's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Noble using crowd psychology based on the activity and movement of Noble Plc's stock price.
Noble Plc Short Interest
A significant increase or decrease in Noble Plc's short interest from the previous month could be a good indicator of investor sentiment towards Noble. Short interest can provide insight into the potential direction of Noble Plc stock and how bullish or bearish investors feel about the market overall. An investor who is long Noble Plc may also wish to track short interest. As short interest increases, investors should be becoming more worried about Noble Plc and may potentially protect profits, hedge Noble Plc with its derivative instruments, or be ready for some potential downside.
200 Day MA 47.7058 | Short Percent 0.0637 | Short Ratio 6.26 | Shares Short Prior Month 6.4 M | 50 Day MA 46.0688 |
Noble plc Hype to Price Pattern
Investor biases related to Noble Plc's public news can be used to forecast risks associated with an investment in Noble. The trend in average sentiment can be used to explain how an investor holding Noble can time the market purely based on public headlines and social activities around Noble plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Noble Plc's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Noble Plc.
Noble Plc Implied Volatility | 55.39 |
Noble Plc's implied volatility exposes the market's sentiment of Noble plc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Noble Plc's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Noble Plc stock will not fluctuate a lot when Noble Plc's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Noble Plc. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Noble Plc to buy its stock at a price that has no basis in reality. In that case, they are not buying Noble because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Noble Plc after-hype prediction price | USD 45.18 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Noble contract
Based on the Rule 16, the options market is currently suggesting that Noble plc will have an average daily up or down price movement of about 3.46% per day over the life of the 2024-04-19 option contract. With Noble Plc trading at USD 45.15, that is roughly USD 1.56 . If you think that the market is fully incorporating Noble Plc's daily price movement you should consider acquiring Noble plc options at the current volatility level of 55.39%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Noble |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Noble Plc's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Noble Plc After-Hype Price Prediction Density Analysis
As far as predicting the price of Noble Plc at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Noble Plc or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Noble Plc, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Noble Plc Estimiated After-Hype Price Volatility
In the context of predicting Noble Plc's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Noble Plc's historical news coverage. Noble Plc's after-hype downside and upside margins for the prediction period are 43.60 and 46.76, respectively. We have considered Noble Plc's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Noble Plc is very steady at this time. Analysis and calculation of next after-hype price of Noble plc is based on 3 months time horizon.
Noble Plc Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Noble Plc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Noble Plc backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Noble Plc, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.06 | 1.58 | 0.03 | 0.00 | 8 Events / Month | 7 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
45.15 | 45.18 | 0.07 |
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Noble Plc Hype Timeline
As of April 19, 2024 Noble plc is listed for 45.15. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of 0.0. Noble is forecasted to increase in value after the next headline, with the price projected to jump to 45.18 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 0.07%, whereas the daily expected return is now at 0.06%. The volatility of related hype on Noble Plc is about 2187.69%, with the expected price after the next announcement by competition of 45.15. The company generated the yearly revenue of 2.59 B. Reported Net Income was 481.9 M with gross profit of 435.75 M. Allowing for the 90-day total investment horizon the next forecasted press release will be in about 8 days. Check out Noble Plc Basic Forecasting Models to cross-verify your projections.Noble Plc Related Hype Analysis
Having access to credible news sources related to Noble Plc's direct competition is more important than ever and may enhance your ability to predict Noble Plc's future price movements. Getting to know how Noble Plc's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Noble Plc may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SDRL | Seadrill Limited | (0.11) | 8 per month | 1.37 | 0.05 | 3.57 | (2.64) | 7.62 | |
| BORR | Borr Drilling | 0.18 | 8 per month | 0.00 | (0.06) | 3.69 | (6.87) | 17.00 | |
| PTEN | Patterson UTI Energy | (0.17) | 9 per month | 1.75 | 0.06 | 3.86 | (3.26) | 17.29 | |
| RIG | Transocean | 0.08 | 11 per month | 2.40 | 0 | 4.55 | (3.89) | 12.42 | |
| DO | Diamond Offshore Drilling | 0.39 | 10 per month | 2.21 | 0.04 | 3.48 | (2.94) | 12.21 | |
| NBR | Nabors Industries | (0.75) | 9 per month | 2.53 | 0.01 | 4.53 | (3.79) | 12.02 | |
| HP | Helmerich and Payne | (0.09) | 11 per month | 1.25 | 0.14 | 3.08 | (2.39) | 15.78 | |
| PDS | Precision Drilling | 1.14 | 11 per month | 1.89 | 0.12 | 4.39 | (2.97) | 10.90 | |
| ICD | Independence Contract Drilling | (0.02) | 6 per month | 0.00 | (0.04) | 3.40 | (4.57) | 18.25 |
Noble Plc Additional Predictive Modules
Most predictive techniques to examine Noble price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Noble using various technical indicators. When you analyze Noble charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Noble Plc Predictive Indicators
The successful prediction of Noble Plc stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Noble plc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Noble Plc based on analysis of Noble Plc hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Noble Plc's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Noble Plc's related companies. | 2020 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 1.0E-6 | 3.13E-4 | 0.0148 | 0.0114 | Price To Sales Ratio | 6.44 | 2.27 | 2.57 | 2.45 |
Story Coverage note for Noble Plc
The number of cover stories for Noble Plc depends on current market conditions and Noble Plc's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Noble Plc is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Noble Plc's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Noble Plc Short Properties
Noble Plc's future price predictability will typically decrease when Noble Plc's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Noble plc often depends not only on the future outlook of the potential Noble Plc's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Noble Plc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 145.2 M | |
| Cash And Short Term Investments | 367.8 M |
Check out Noble Plc Basic Forecasting Models to cross-verify your projections. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.
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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.