Dril Quip Stock Price on August 14, 2022 Breakdown


USD 19.64  1.97  9.12%   

As of today, the current price of Dril Quip is  19.64 , as last reported on the 24th of September, with the highest price reaching  20.75  and the lowest price hitting  19.57  during the day.
Dril-Quip secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had -0.11% of return per unit of risk over the last 3 months. Macroaxis standpoint towards predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Dril-Quip exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Dril-Quip mean deviation of 2.59, and Coefficient Of Variation of (1,311) to check the risk estimate we provide.

Dril Quip Valuation on August 14, 2022

It is possible to determine the worth of Dril Quip on a given historical date. On August 14, 2022 Dril Quip was worth 23.96 at the beginning of the trading date compared to the closed value of 23.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dril Quip stock. Still, in general, we apply an absolute valuation method to find Dril Quip'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dril Quip's related companies.
 Open High Low Close Volume
  23.28    23.70    22.90    23.42    190,272  
  23.96    24.41    23.61    23.82    230,790  
  23.73    24.32    23.28    24.30    167,312  
Backtest Dril Quip  |  Dril Quip History  |  Dril Quip Valuation   PreviousNext  
Open Value 23.96
Closing Value

Dril Quip Trading Date Momentum on August 14, 2022

On August 12 2022 Dril-Quip was traded for  24.30  at the closing time. Highest Dril Quip's price during the trading hours was 24.32  and the lowest price during the day was  23.28 . The net volume was 167.3 K. The overall trading history on the 12th of August 2022 contributed to the next trading period price boost. The overall trading delta to the next next day price was 2.02% . The overall trading delta to current price is 0.55% .

Dril-Quip Fundamentals Correlations and Trends

By evaluating Dril Quip'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 Dril Quip's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dril Quip financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dril Quip Stock history

Dril Quip 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 Dril Quip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dril-Quip 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 Dril Quip historical stock prices may prove useful in developing a viable investing in Dril Quip
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company was founded in 1981 and is headquartered in Houston, Texas. Dril Quip operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1342 people.

Dril Quip Stock Technical Analysis

Dril Quip 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 Dril Quip technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dril Quip 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

Dril Quip Period Price Range

August 11, 2022





Dril Quip September 24, 2022 Market Strength

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

Dril Quip Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dril Quip stock's direction in advance. Along with the technical and fundamental analysis of Dril Quip Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dril Quip 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 Investing Opportunities. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for analysis

When running Dril-Quip price analysis, check to measure Dril Quip'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 Dril Quip is operating at the current time. Most of Dril Quip's value examination focuses on studying past and present price action to predict the probability of Dril Quip's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dril Quip's price. Additionally, you may evaluate how the addition of Dril Quip to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Is Dril Quip'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 Dril Quip. If investors know Dril Quip 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 Dril Quip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Dril-Quip is measured differently than its book value, which is the value of Dril Quip that is recorded on the company's balance sheet. Investors also form their own opinion of Dril Quip's value that differs from its market value or its book value, called intrinsic value, which is Dril Quip'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 Dril Quip's market value can be influenced by many factors that don't directly affect Dril Quip'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 Dril Quip's value and its price as these two are different measures arrived at by different means. Investors typically determine Dril Quip value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dril Quip'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.