Noble Plc Stock Forecast - Period Momentum Indicator

NE Stock  USD 33.47  0.04  0.12%   
Noble Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Noble Plc stock prices and determine the direction of Noble plc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Noble Plc's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Noble Plc's Receivables Turnover is projected to increase slightly based on the last few years of reporting. . The current year's Common Stock Shares Outstanding is expected to grow to about 188.9 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 159.7 M.
On November 29, 2024 Noble plc had Period Momentum Indicator of 0.22. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Noble Plc Trading Date Momentum

On November 29 2024 Noble plc was traded for  33.47  at the closing time. The highest price during the trading period was 33.60  and the lowest recorded bid was listed for  33.15 . The volume for the day was 1 M. This history from November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 0.66% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Noble Plc

For every potential investor in Noble, whether a beginner or expert, Noble Plc's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Noble Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Noble. Basic forecasting techniques help filter out the noise by identifying Noble Plc's price trends.

Noble Plc Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Noble Plc stock to make a market-neutral strategy. Peer analysis of Noble Plc could also be used in its relative valuation, which is a method of valuing Noble Plc by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Noble plc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Noble Plc's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Noble Plc's current price.

Noble Plc Market Strength Events

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

Noble Plc Risk Indicators

The analysis of Noble Plc's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Noble Plc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting noble stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Historical Fundamental Analysis of Noble Plc to cross-verify your projections.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.
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Is Energy Equipment & Services space 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 Noble Plc. If investors know Noble 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 Noble Plc 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
(0.63)
Dividend Share
1.7
Earnings Share
3.4
Revenue Per Share
18.385
Quarterly Revenue Growth
0.138
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc'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 Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc'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 Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc'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.