Transocean Stock Market Value

RIG
 Stock
  

USD 4.06  0.18  4.64%   

Transocean's market value is the price at which a share of Transocean stock trades on a public exchange. It measures the collective expectations of Transocean investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Transocean and determine expected loss or profit from investing in Transocean over a given investment horizon. Additionally, take a look at Transocean Correlation, Transocean Volatility and Transocean Alpha and Beta module to complement your research on Transocean.
Symbol


Is Transocean'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 Transocean. If investors know Transocean 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 Transocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
2.8 B
Quarterly Revenue Growth YOY
0.1
Return On Assets
4.0E-4
Return On Equity
(0.0472) 
The market value of Transocean is measured differently than its book value, which is the value of Transocean that is recorded on the company's balance sheet. Investors also form their own opinion of Transocean's value that differs from its market value or its book value, called intrinsic value, which is Transocean'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 Transocean's market value can be influenced by many factors that don't directly affect Transocean'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 Transocean's value and its price as these two are different measures arrived at by different means. Investors typically determine Transocean value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transocean'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.

Transocean 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Transocean's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Transocean.
0.00
09/30/2022
No Change 0.00  0.0 
In 2 months and 2 days
11/29/2022
0.00
If you would invest  0.00  in Transocean on September 30, 2022 and sell it all today you would earn a total of 0.00 from holding Transocean or generate 0.0% return on investment in Transocean over 60 days. Transocean is related to or competes with Diamondback Energy, Continental Resources, Antero Resources, and Hackett Grp. Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worl... More

Transocean Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Transocean's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Transocean upside and downside potential and time the market with a certain degree of confidence.

Transocean Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Transocean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transocean's standard deviation. In reality, there are many statistical measures that can use Transocean historical prices to predict the future Transocean's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Transocean'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. Please use the tools below to analyze the current value of Transocean in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.204.099.06
Details
Intrinsic
Valuation
LowReal ValueHigh
0.855.8210.79
Details
21 Analysts
Consensus
LowTarget PriceHigh
6.0012.0117.00
Details
Earnings
Estimates (5)
LowProjected EPSHigh
0.571.021.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Transocean. Your research has to be compared to or analyzed against Transocean's peers to derive any actionable benefits. When done correctly, Transocean's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Transocean.

Transocean Backtested Returns

Transocean appears to be relatively risky, given 3 months investment horizon. Transocean owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0607, which indicates the firm had 0.0607% of return per unit of risk over the last 3 months. Our standpoint towards measuring 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-seven technical indicators for Transocean, which you can use to evaluate the future volatility of the company. Please review Transocean's Semi Deviation of 4.0, coefficient of variation of 2930.58, and Risk Adjusted Performance of 0.0556 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Transocean holds a performance score of 4. The entity has a beta of 1.5379, which indicates a somewhat significant risk relative to the market. Let's try to break down what Transocean's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Transocean will likely underperform. Although it is vital to follow Transocean current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Transocean technical indicators, you can presently evaluate if the expected return of 0.3% will be sustainable into the future. Please operates Transocean information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis to make a quick decision on whether Transocean existing price patterns will revert.

Auto-correlation

    
  0.20  

Weak predictability

Transocean has weak predictability. Overlapping area represents the amount of predictability between Transocean time series from 30th of September 2022 to 30th of October 2022 and 30th of October 2022 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Transocean price movement. The serial correlation of 0.2 indicates that over 20.0% of current Transocean price fluctuation can be explain by its past prices.
Correlation Coefficient0.2
Spearman Rank Test0.15
Residual Average0.0
Price Variance0.05

Transocean lagged returns against current returns

Autocorrelation, which is Transocean stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Transocean's stock expected returns. We can calculate the autocorrelation of Transocean returns to help us make a trade decision. For example, suppose you find that Transocean stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Transocean regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Transocean stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transocean stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transocean stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Transocean Lagged Returns

When evaluating Transocean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transocean stock have on its future price. Transocean autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Transocean autocorrelation shows the relationship between Transocean stock current value and its past values and can show if there is a momentum factor associated with investing in Transocean.
   Regressed Prices   
Share
       Timeline  

Transocean Investors Sentiment

The influence of Transocean's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Transocean. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Transocean's public news can be used to forecast risks associated with investment in Transocean. The trend in average sentiment can be used to explain how an investor holding Transocean can time the market purely based on public headlines and social activities around Transocean. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Transocean's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Transocean's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Transocean's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Transocean.

Transocean Implied Volatility

    
  85.12  
Transocean's implied volatility exposes the market's sentiment of Transocean stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Transocean'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 Transocean stock will not fluctuate a lot when Transocean's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Transocean in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Transocean's short interest history, or implied volatility extrapolated from Transocean options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Transocean Correlation, Transocean Volatility and Transocean Alpha and Beta module to complement your research on Transocean. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for analysis

When running Transocean price analysis, check to measure Transocean'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 Transocean is operating at the current time. Most of Transocean's value examination focuses on studying past and present price action to predict the probability of Transocean's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Transocean's price. Additionally, you may evaluate how the addition of Transocean to your portfolios can decrease your overall portfolio volatility.
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Transocean 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 Transocean technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Transocean 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...