Schlumberger (Mexico) Market Value
| SLBN Stock | MXN 760.00 15.18 2.04% |
| Symbol | Schlumberger |
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.
| 11/25/2024 |
| 12/25/2024 |
If you would invest 0.00 in Schlumberger on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Schlumberger Limited or generate 0.0% return on investment in Schlumberger over 30 days. Schlumberger is related to or competes with First Majestic, Grupo Sports, GMxico Transportes, Genworth Financial, McEwen Mining, Verizon Communications, and Cognizant Technology. Schlumberger Limited supplies technology for reservoir characterization, drilling, production, and processing to the oil... 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 Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 13.82 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 3.5 |
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.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.17) |
Schlumberger Limited Backtested Returns
Schlumberger Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0283, which indicates the firm had a -0.0283% 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 (3,006), variance of 5.09, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Schlumberger's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schlumberger is expected to be smaller as well. At this point, Schlumberger Limited has a negative expected return of -0.0652%. Please make sure to validate Schlumberger's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Schlumberger Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Schlumberger Limited has modest predictability. Overlapping area represents the amount of predictability between Schlumberger time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th of December 2024. 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 Limited price movement. The serial correlation of 0.52 indicates that about 52.0% of current Schlumberger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 1200.82 |
Schlumberger Limited 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 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 price movement to match the lagging time series.
Current and Lagged Values |
| 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 |
| 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 Limited.
Regressed Prices |
| Timeline |
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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.Additional 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.