Core Laboratories Stock Price on August 29, 2022 Breakdown

CLB
 Stock
  

USD 21.68  0.87  4.18%   

As of today, the current price of Core Laboratories is  21.68 , as last reported on the 1st of December, with the highest price reaching  21.68  and the lowest price hitting  20.79  during the day.
Core Laboratories appears to be not too volatile, given 3 months investment horizon. Core Laboratories secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had 0.11% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Core Laboratories NV, which you can use to evaluate the future volatility of the firm. Please makes use of Core Laboratories' Risk Adjusted Performance of 0.1723, downside deviation of 4.01, and Mean Deviation of 3.24 to double-check if our risk estimates are consistent with your expectations.
  
The current year Net Income Common Stock is expected to grow to about 20.2 M. Core Laboratories Price to Book Value is projected to decrease significantly based on the last few years of reporting. The past year's Price to Book Value was at 6.60. The current year Price to Sales Ratio is expected to grow to 3.33, whereas Price to Earnings Ratio are forecasted to decline to 41.81. Core Laboratories Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
46.1 M
net Income Applicable To Common Shares
19.7 M
Shares Outstanding
46.4 M
Shares Short Prior Month
4.3 M
Dividend Share
0.04
Earnings Share
0.33

Core Laboratories Main Headline on 29th of August 2022

Core Laboratories dividend paid on 29th of August 2022

Core Laboratories Valuation on August 29, 2022

It is possible to determine the worth of Core Laboratories on a given historical date. On August 29, 2022 Core Laboratories was worth 16.73 at the beginning of the trading date compared to the closed value of 16.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Core Laboratories stock. Still, in general, we apply an absolute valuation method to find Core Laboratories' 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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Core Laboratories' related companies.
 Open High Low Close Volume
  17.43    17.59    16.75    16.84    353,225  
08/29/2022
  16.73    17.16    16.61    16.81    203,184  
  16.40    16.73    15.81    16.30    406,236  
Backtest Core Laboratories  |  Core Laboratories History  |  Core Laboratories Valuation   PreviousNext  
Open Value 16.73
16.81
Closing Value
29.76
Upside

Core Laboratories Trading Date Momentum on August 29, 2022

On August 30 2022 Core Laboratories NV was traded for  16.30  at the closing time. Highest Core Laboratories's price during the trading hours was 16.73  and the lowest price during the day was  15.81 . The net volume was 406.2 K. The overall trading history on the 30th of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.03% . The overall trading delta to current price is 1.84% .

Core Laboratories Fundamentals Correlations and Trends

By evaluating Core Laboratories' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Core Laboratories' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Core Laboratories financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Core Laboratories Stock history

Core Laboratories 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 Core Laboratories is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Core Laboratories 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 Core Laboratories historical stock prices may prove useful in developing a viable investing in Core Laboratories
Last ReportedProjected for 2022
Weighted Average Shares46 M43.1 M
Weighted Average Shares Diluted46.7 M43.6 M
Issuance Purchase of Equity Shares51.7 M55.8 M

Core Laboratories Stock Technical Analysis

Core Laboratories 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.
A focus of Core Laboratories technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Core Laboratories trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Core Laboratories Period Price Range

Low
August 29, 2022
High

 16.73 

  

 16.81 

0.080.48%

Core Laboratories December 1, 2022 Market Strength

Market strength indicators help investors to evaluate how Core Laboratories stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Core Laboratories shares will generate the highest return on investment. By undertsting and applying Core Laboratories stock market strength indicators, traders can identify Core Laboratories NV entry and exit signals to maximize returns

Core Laboratories Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Core Laboratories stock's direction in advance. Along with the technical and fundamental analysis of Core Laboratories Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Core Laboratories 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 stock 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.
Continue to Trending Equities. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for analysis

When running Core Laboratories price analysis, check to measure Core Laboratories' 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 Core Laboratories is operating at the current time. Most of Core Laboratories' value examination focuses on studying past and present price action to predict the probability of Core Laboratories' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Core Laboratories' price. Additionally, you may evaluate how the addition of Core Laboratories to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Is Core Laboratories' 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 Core Laboratories. If investors know Core Laboratories 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 Core Laboratories 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 YOY
7.47
Market Capitalization
965 M
Quarterly Revenue Growth YOY
0.068
Return On Assets
0.044
Return On Equity
9.19
The market value of Core Laboratories is measured differently than its book value, which is the value of Core Laboratories that is recorded on the company's balance sheet. Investors also form their own opinion of Core Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Core Laboratories' 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 Core Laboratories' market value can be influenced by many factors that don't directly affect Core Laboratories' 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 Core Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine Core Laboratories value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Laboratories' 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.