PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SDRL vs. NE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SDRL and NE is 0.56, 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.


-0.50.00.51.00.6

Performance

SDRL vs. NE - Performance Comparison

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

-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-25.08%
-33.19%
SDRL
NE

Key characteristics

Sharpe Ratio

SDRL:

-0.49

NE:

-1.00

Sortino Ratio

SDRL:

-0.53

NE:

-1.45

Omega Ratio

SDRL:

0.94

NE:

0.84

Calmar Ratio

SDRL:

-0.47

NE:

-0.78

Martin Ratio

SDRL:

-0.95

NE:

-1.65

Ulcer Index

SDRL:

17.97%

NE:

20.55%

Daily Std Dev

SDRL:

34.82%

NE:

33.98%

Max Drawdown

SDRL:

-36.43%

NE:

-43.54%

Current Drawdown

SDRL:

-34.37%

NE:

-43.54%

Fundamentals

Market Cap

SDRL:

$2.43B

NE:

$4.85B

EPS

SDRL:

$5.78

NE:

$3.40

PE Ratio

SDRL:

6.51

NE:

8.90

Total Revenue (TTM)

SDRL:

$1.52B

NE:

$2.77B

Gross Profit (TTM)

SDRL:

$428.17M

NE:

$776.15M

EBITDA (TTM)

SDRL:

$340.00M

NE:

$923.23M

Returns By Period

In the year-to-date period, SDRL achieves a -23.18% return, which is significantly higher than NE's -37.15% return.


SDRL

YTD

-23.18%

1M

-10.72%

6M

-25.08%

1Y

-19.07%

5Y*

N/A

10Y*

N/A

NE

YTD

-37.15%

1M

-14.83%

6M

-33.20%

1Y

-34.70%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

SDRL vs. NE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Seadrill Limited (SDRL) 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 SDRL, currently valued at -0.49, compared to the broader market-4.00-2.000.002.00-0.49-1.00
The chart of Sortino ratio for SDRL, currently valued at -0.53, compared to the broader market-4.00-2.000.002.004.00-0.53-1.45
The chart of Omega ratio for SDRL, currently valued at 0.94, compared to the broader market0.501.001.502.000.940.84
The chart of Calmar ratio for SDRL, currently valued at -0.47, compared to the broader market0.002.004.006.00-0.47-0.78
The chart of Martin ratio for SDRL, currently valued at -0.95, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.95-1.65
SDRL
NE

The current SDRL Sharpe Ratio is -0.49, which is higher than the NE Sharpe Ratio of -1.00. The chart below compares the historical Sharpe Ratios of SDRL 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
-0.49
-1.00
SDRL
NE

Dividends

SDRL vs. NE - Dividend Comparison

SDRL has not paid dividends to shareholders, while NE's dividend yield for the trailing twelve months is around 6.24%.


TTM2023
SDRL
Seadrill Limited
0.00%0.00%
NE
Noble Corporation
6.24%1.45%

Drawdowns

SDRL vs. NE - Drawdown Comparison

The maximum SDRL drawdown since its inception was -36.43%, smaller than the maximum NE drawdown of -43.54%. Use the drawdown chart below to compare losses from any high point for SDRL and NE. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-34.37%
-43.54%
SDRL
NE

Volatility

SDRL vs. NE - Volatility Comparison

Seadrill Limited (SDRL) and Noble Corporation (NE) have volatilities of 8.81% and 8.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
8.81%
8.61%
SDRL
NE

Financials

SDRL vs. NE - Financials Comparison

This section allows you to compare key financial metrics between Seadrill Limited 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
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab