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RIG vs. NE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between RIG and NE is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.7

Performance

RIG vs. NE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transocean Ltd. (RIG) and Noble Corporation (NE). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
-12.98%
24.78%
RIG
NE

Key characteristics

Sharpe Ratio

RIG:

-0.86

NE:

-0.97

Sortino Ratio

RIG:

-1.21

NE:

-1.41

Omega Ratio

RIG:

0.87

NE:

0.85

Calmar Ratio

RIG:

-0.42

NE:

-0.77

Martin Ratio

RIG:

-1.59

NE:

-1.64

Ulcer Index

RIG:

25.80%

NE:

20.21%

Daily Std Dev

RIG:

47.65%

NE:

34.12%

Max Drawdown

RIG:

-99.48%

NE:

-43.20%

Current Drawdown

RIG:

-97.18%

NE:

-43.20%

Fundamentals

Market Cap

RIG:

$3.21B

NE:

$4.85B

EPS

RIG:

-$0.76

NE:

$3.40

Total Revenue (TTM)

RIG:

$3.31B

NE:

$2.77B

Gross Profit (TTM)

RIG:

$944.00M

NE:

$776.15M

EBITDA (TTM)

RIG:

$313.00M

NE:

$923.23M

Returns By Period

In the year-to-date period, RIG achieves a -42.99% return, which is significantly lower than NE's -36.78% return.


RIG

YTD

-42.99%

1M

-15.81%

6M

-30.92%

1Y

-42.08%

5Y*

-9.30%

10Y*

-15.11%

NE

YTD

-36.78%

1M

-12.24%

6M

-31.85%

1Y

-34.72%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

RIG vs. NE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Transocean Ltd. (RIG) and Noble Corporation (NE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for RIG, currently valued at -0.86, compared to the broader market-4.00-2.000.002.00-0.86-0.97
The chart of Sortino ratio for RIG, currently valued at -1.21, compared to the broader market-4.00-2.000.002.004.00-1.21-1.41
The chart of Omega ratio for RIG, currently valued at 0.87, compared to the broader market0.501.001.502.000.870.85
The chart of Calmar ratio for RIG, currently valued at -0.70, compared to the broader market0.002.004.006.00-0.70-0.77
The chart of Martin ratio for RIG, currently valued at -1.59, compared to the broader market0.0010.0020.00-1.59-1.64
RIG
NE

The current RIG Sharpe Ratio is -0.86, which is comparable to the NE Sharpe Ratio of -0.97. The chart below compares the historical Sharpe Ratios of RIG and NE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.86
-0.97
RIG
NE

Dividends

RIG vs. NE - Dividend Comparison

RIG has not paid dividends to shareholders, while NE's dividend yield for the trailing twelve months is around 6.20%.


TTM20232022202120202019201820172016201520142013
RIG
Transocean Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%8.48%15.33%3.40%
NE
Noble Corporation
6.20%1.45%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

RIG vs. NE - Drawdown Comparison

The maximum RIG drawdown since its inception was -99.48%, which is greater than NE's maximum drawdown of -43.20%. Use the drawdown chart below to compare losses from any high point for RIG and NE. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-58.86%
-43.20%
RIG
NE

Volatility

RIG vs. NE - Volatility Comparison

Transocean Ltd. (RIG) has a higher volatility of 10.10% compared to Noble Corporation (NE) at 9.30%. This indicates that RIG's price experiences larger fluctuations and is considered to be riskier than NE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
10.10%
9.30%
RIG
NE

Financials

RIG vs. NE - Financials Comparison

This section allows you to compare key financial metrics between Transocean Ltd. and Noble Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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