Transocean Stock Performance

RIG
 Stock
  

USD 3.97  0.09  2.32%   

On a scale of 0 to 100, Transocean holds a performance score of 3. 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 important to respect Transocean current price movements, it is better to be realistic regarding the information on the equity's 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 0.23% 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.
  
Transocean Performance
3 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Transocean are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady forward indicators, Transocean exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Last Split Factor
6996:10000
Dividend Date
2015-09-23
Ex Dividend Date
2015-08-21
Last Split Date
2007-11-27

Transocean Price Channel

Quick Ratio1.03
Fifty Two Week Low2.3200
Target High Price8.00
Fifty Two Week High5.5600
Target Low Price3.50

Transocean Relative Risk vs. Return Landscape

If you would invest  362.00  in Transocean on August 31, 2022 and sell it today you would earn a total of  26.00  from holding Transocean or generate 7.18% return on investment over 90 days. Transocean is generating 0.2284% of daily returns assuming volatility of 4.9439% on return distribution over 90 days investment horizon. In other words, 42% of stocks are less volatile than Transocean, and above 96% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Transocean is expected to generate 3.56 times more return on investment than the market. However, the company is 3.56 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly 0.09 per unit of risk.

Transocean Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Transocean's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Transocean, and traders can use it to determine the average amount a Transocean's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0462

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Estimated Market Risk
 4.94
  actual daily
 
 42 %
of total potential
 
4242
Expected Return
 0.23
  actual daily
 
 4 %
of total potential
 
44
Risk-Adjusted Return
 0.05
  actual daily
 
 3 %
of total potential
 
33
Based on monthly moving average Transocean is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Transocean by adding it to a well-diversified portfolio.

About Transocean Performance

To evaluate Transocean Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Transocean generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Transocean Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Transocean market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Transocean's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company was founded in 1926 and is based in Steinhausen, Switzerland. Transocean operates under Oil And Gas Drilling And Exploration classification in the United States and is traded on New York Stock Exchange. It employs 5000 people.

Things to note about Transocean

Checking the ongoing alerts about Transocean for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Transocean help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Transocean Alerts

Equity Alerts and Improvement Suggestions

Transocean has very high historical volatility over the last 90 days
Transocean has high likelihood to experience some financial distress in the next 2 years
The company reported the last year's revenue of 2.59 B. Reported Net Loss for the year was (531 M) with profit before taxes, overhead, and interest of 871 M.
About 56.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Piper Sandler Lifts Price Target on Transocean to 5 From 4, Keeps Neutral Rating - Marketscreener.com
Additionally, take a look at Your Equity Center. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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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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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.