Schlumberger (Germany) Price on December 14, 2023

SCL Stock  EUR 35.30  0.90  2.49%   
If you're considering investing in Schlumberger Stock, it is important to understand the factors that can impact its price. As of today, the current price of Schlumberger stands at 35.30, as last reported on the 23rd of December, with the highest price reaching 35.60 and the lowest price hitting 35.30 during the day. Schlumberger Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0433, which indicates the firm had a -0.0433% return per unit of risk over the last 3 months. Schlumberger Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schlumberger's Coefficient Of Variation of (2,581), risk adjusted performance of (0.02), and Variance of 5.07 to confirm the risk estimate we provide.
  
Schlumberger Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0433

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Estimated Market Risk

 2.27
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Schlumberger is not performing at its full potential. However, 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 Schlumberger by adding Schlumberger to a well-diversified portfolio.

Schlumberger Valuation on December 14, 2023

It is possible to determine the worth of Schlumberger on a given historical date. On December 14, 2023 Schlumberger was worth 43.83 at the beginning of the trading date compared to the closed value of 44.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Schlumberger stock. Still, in general, we apply an absolute valuation method to find Schlumberger'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 Schlumberger where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Schlumberger's related companies.
 Open High Low Close Volume
  44.13    44.48    43.97    44.09    761.00  
12/14/2023
  43.83    44.43    43.83    44.43    325.00  
  46.31    46.93    46.31    46.93    30.00  
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Open Value
43.83
44.43
Closing Value
50.63
Upside

Schlumberger Trading Date Momentum on December 14, 2023

On December 15 2023 Schlumberger Limited was traded for  46.93  at the closing time. The highest daily price throughout the period was 46.93  and the lowest price was  46.31 . The daily volume was 30.0. The net trading volume on 12/15/2023 added to the next day price rise. The trading price change to closing price of the next trading day was 5.63% . The trading price change to current closing price is 7.02% .

Schlumberger Limited Fundamentals Correlations and Trends

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

About Schlumberger Stock history

Schlumberger 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 Schlumberger is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Schlumberger Limited 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 Schlumberger stock prices may prove useful in developing a viable investing in Schlumberger
Schlumberger Limited provides technology for the energy industry worldwide. Schlumberger Limited was founded in 1926 and is based in Houston, Texas. SCHLUMBERGER operates under Oil Gas Equipment Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 92000 people.

Schlumberger Stock Technical Analysis

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...

Price Boundaries

Schlumberger Period Price Range

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December 23, 2024
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Schlumberger Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Schlumberger December 23, 2024 Market Strength

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

Schlumberger Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Schlumberger's price direction in advance. Along with the technical and fundamental analysis of Schlumberger Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Schlumberger 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 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.

Complementary Tools for Schlumberger Stock analysis

When running Schlumberger's 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 the 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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