Borr Drilling Stock Technical Analysis
| BORR Stock | USD 5.64 0.12 2.17% |
As of the 23rd of April, Borr Drilling shows the Mean Deviation of 2.42, risk adjusted performance of (0.03), and Standard Deviation of 3.3. Borr Drilling technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Borr Drilling, which can be compared to its peers. Please confirm Borr Drilling information ratio and skewness to decide if Borr Drilling is priced correctly, providing market reflects its regular price of 5.64 per share. Given that Borr Drilling has information ratio of (0.09), we suggest you to validate Borr Drilling's prevailing market performance to make sure the company can sustain itself at a future point.
Borr Drilling Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Borr, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BorrBorr |
Borr Drilling Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 9.0 | Buy | 2 | Odds |
Most Borr analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Borr stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Borr Drilling, talking to its executives and customers, or listening to Borr conference calls.
Borr Drilling 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.
Borr Drilling Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Borr Drilling volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Borr Drilling Trend Analysis
Use this graph to draw trend lines for Borr Drilling. You can use it to identify possible trend reversals for Borr Drilling as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Borr Drilling price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Borr Drilling Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Borr Drilling applied against its price change over selected period. The best fit line has a slop of 0.0089 , which may suggest that Borr Drilling market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.97, which is the sum of squared deviations for the predicted Borr Drilling price change compared to its average price change.About Borr Drilling Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Borr Drilling on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Borr Drilling based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Borr Drilling price pattern first instead of the macroeconomic environment surrounding Borr Drilling. By analyzing Borr Drilling's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Borr Drilling's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Borr Drilling specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 147.61 | 153.22 | 113.89 | 155.42 | PTB Ratio | 0.31 | 0.99 | 1.83 | 1.92 |
Borr Drilling April 23, 2024 Technical Indicators
Most technical analysis of Borr help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Borr from various momentum indicators to cycle indicators. When you analyze Borr charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 2.42 | |||
| Coefficient Of Variation | (1,720) | |||
| Standard Deviation | 3.3 | |||
| Variance | 10.88 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 17.0 | |||
| Value At Risk | (6.87) | |||
| Potential Upside | 3.69 | |||
| Skewness | (1.18) | |||
| Kurtosis | 2.09 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Borr 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 metropolitan statistical area. To learn how to invest in Borr Stock, please use our How to Invest in Borr Drilling guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Borr Stock analysis
When running Borr Drilling's price analysis, check to measure Borr Drilling'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 Borr Drilling is operating at the current time. Most of Borr Drilling's value examination focuses on studying past and present price action to predict the probability of Borr Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Borr Drilling's price. Additionally, you may evaluate how the addition of Borr Drilling to your portfolios can decrease your overall portfolio volatility.
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Is Borr Drilling'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 Borr Drilling. If investors know Borr 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 Borr Drilling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.05 | Earnings Share 0.09 | Revenue Per Share 3.159 | Quarterly Revenue Growth 0.485 | Return On Assets 0.0513 |
The market value of Borr Drilling is measured differently than its book value, which is the value of Borr that is recorded on the company's balance sheet. Investors also form their own opinion of Borr Drilling's value that differs from its market value or its book value, called intrinsic value, which is Borr Drilling'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 Borr Drilling's market value can be influenced by many factors that don't directly affect Borr Drilling'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 Borr Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Borr Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Borr Drilling'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.