Schlumberger Stock Market Value

SLB
 Stock
  

USD 33.86  1.14  3.26%   

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


Is Schlumberger'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 Schlumberger. If investors know Schlumberger 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 Schlumberger 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 Schlumberger NV is measured differently than its book value, which is the value of Schlumberger that is recorded on the company's balance sheet. Investors also form their own opinion of Schlumberger's value that differs from its market value or its book value, called intrinsic value, which is Schlumberger'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 Schlumberger's market value can be influenced by many factors that don't directly affect Schlumberger'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 Schlumberger's value and its price as these two are different measures arrived at by different means. Investors typically determine Schlumberger value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Schlumberger'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.

Schlumberger '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 Schlumberger'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 Schlumberger.
0.00
10/06/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
09/26/2022
0.00
If you would invest  0.00  in Schlumberger on October 6, 2020 and sell it all today you would earn a total of 0.00 from holding Schlumberger NV or generate 0.0% return on investment in Schlumberger over 720 days. Schlumberger Limited provides technology for the energy industry worldwide More

Schlumberger 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 Schlumberger'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 Schlumberger NV upside and downside potential and time the market with a certain degree of confidence.

Schlumberger Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Schlumberger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schlumberger's standard deviation. In reality, there are many statistical measures that can use Schlumberger historical prices to predict the future Schlumberger's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Schlumberger'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 Schlumberger in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
31.8534.8337.81
Details
Intrinsic
Valuation
LowReal ValueHigh
31.4150.0953.07
Details
Naive
Forecast
LowNext ValueHigh
30.6433.6336.61
Details
26 Analysts
Consensus
LowTarget PriceHigh
82.0095.21110.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Schlumberger. Your research has to be compared to or analyzed against Schlumberger's peers to derive any actionable benefits. When done correctly, Schlumberger'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 Schlumberger NV.

Schlumberger NV Backtested Returns

Schlumberger NV owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0315, which indicates the firm had -0.0315% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring 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. Schlumberger NV exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Schlumberger coefficient of variation of (5,230), and Risk Adjusted Performance of (0.015589) to confirm the risk estimate we provide.
The entity has a beta of 0.7776, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Schlumberger's beta means in this case. As returns on the market increase, Schlumberger returns are expected to increase less than the market. However, during the bear market, the loss on holding Schlumberger will be expected to be smaller as well. Even though it is essential to pay attention to Schlumberger NV current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Schlumberger NV exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Schlumberger NV has an expected return of -0.0947%. Please be advised to validate Schlumberger total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power to decide if Schlumberger NV performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.66  

Good predictability

Schlumberger NV has good predictability. Overlapping area represents the amount of predictability between Schlumberger time series from 6th of October 2020 to 1st of October 2021 and 1st of October 2021 to 26th of September 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 Schlumberger NV price movement. The serial correlation of 0.66 indicates that around 66.0% of current Schlumberger price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.44
Residual Average0.0
Price Variance22.25

Schlumberger NV lagged returns against current returns

Autocorrelation, which is Schlumberger 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 Schlumberger's stock expected returns. We can calculate the autocorrelation of Schlumberger returns to help us make a trade decision. For example, suppose you find that Schlumberger 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  

Schlumberger 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 Schlumberger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schlumberger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schlumberger stock over time.
   Current vs Lagged Prices   
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       Timeline  

Schlumberger Lagged Returns

When evaluating Schlumberger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schlumberger stock have on its future price. Schlumberger 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, Schlumberger autocorrelation shows the relationship between Schlumberger stock current value and its past values and can show if there is a momentum factor associated with investing in Schlumberger NV.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Schlumberger without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Schlumberger Correlation, Schlumberger Volatility and Schlumberger Alpha and Beta module to complement your research on Schlumberger. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for analysis

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