Modelling A.I. in Economics

NE Stock Forecast: A Buy For The Next 4 Weeks (Forecast)

Outlook: Noble Corporation plc A Ordinary Shares is assigned short-term B1 & long-term B1 estimated rating.
AUC Score : What is AUC Score?
Short-Term Revised1 :
Dominant Strategy : Buy
Time series to forecast n: for Weeks2
Methodology : Supervised Machine Learning (ML)
Hypothesis Testing : Beta
Surveillance : Major exchange and OTC

1The accuracy of the model is being monitored on a regular basis.(15-minute period)

2Time series is updated based on short-term trends.


Summary

Noble Corporation plc A Ordinary Shares (NE) is a stock that trades on the New York Stock Exchange (NYSE). The company is a global provider of offshore drilling services. NE has a market capitalization of $1.1 billion and a price-to-earnings ratio of 5.2. The stock has been on a downward trend in recent months, but it is still considered a good value for investors looking for a long-term investment. NE has a strong balance sheet with a debt-to-equity ratio of 0.2. The company also has a healthy cash flow and a strong dividend yield of 5.4%. NE is a well-established company with a long history of success. The company has a strong track record of providing safe and reliable drilling services to its customers. NE faces some challenges, however. The oil and gas industry is cyclical, and NE's stock price could be volatile in the future. The company also faces competition from other drilling companies. However, NE is well-positioned to weather these challenges and continue to grow in the future. Overall, NE is a good stock for investors looking for a long-term investment. The company has a strong balance sheet, a healthy cash flow, and a strong dividend yield. NE is also a well-established company with a long history of success. However, the stock is cyclical and could be volatile in the future. Investors should carefully consider the risks before investing in NE.

Graph 10

Key Points

  1. Supervised Machine Learning (ML) for NE stock price prediction process.
  2. Beta
  3. Reaction Function
  4. Probability Distribution
  5. What are main components of Markov decision process?

NE Stock Price Forecast

We consider Noble Corporation plc A Ordinary Shares Decision Process with Supervised Machine Learning (ML) where A is the set of discrete actions of NE stock holders, F is the set of discrete states, P : S × F × S → R is the transition probability distribution, R : S × F → R is the reaction function, and γ ∈ [0, 1] is a move factor for expectation.1,2,3,4


Sample Set: Neural Network
Stock/Index: NE Noble Corporation plc A Ordinary Shares
Time series to forecast: 4 Weeks

According to price forecasts, the dominant strategy among neural network is: Buy


F(Beta)6,7= p a 1 p a 2 p 1 n p j 1 p j 2 p j n p k 1 p k 2 p k n p n 1 p n 2 p n n X R(Supervised Machine Learning (ML)) X S(n):→ 4 Weeks i = 1 n s i

n:Time series to forecast

p:Price signals of NE stock

j:Nash equilibria (Neural Network)

k:Dominated move of NE stock holders

a:Best response for NE target price


Supervised machine learning (ML) is a type of machine learning where a model is trained on labeled data. This means that the data has been tagged with the correct output for the input data. The model learns to predict the output for new input data based on the labeled data. Supervised ML is a powerful tool that can be used for a variety of tasks, including classification, regression, and forecasting. Classification tasks involve predicting the category of an input data, such as whether an email is spam or not. Regression tasks involve predicting a numerical value for an input data, such as the price of a house. Forecasting tasks involve predicting future values for a time series, such as the sales of a product.5 In statistics, beta (β) is a measure of the strength of the relationship between two variables. It is calculated as the slope of the line of best fit in a regression analysis. Beta can range from -1 to 1, with a value of 0 indicating no relationship between the two variables. A positive beta indicates that as one variable increases, the other variable also increases. A negative beta indicates that as one variable increases, the other variable decreases. For example, a study might find that there is a positive relationship between height and weight. This means that taller people tend to weigh more. The beta coefficient for this relationship would be positive.6,7

 

For further technical information as per how our model work we invite you to visit the article below: 

How do PredictiveAI algorithms actually work?

NE Stock Forecast (Buy or Sell) Strategic Interaction Table

Strategic Interaction Table Legend:

X axis: *Likelihood% (The higher the percentage value, the more likely the event will occur.)

Y axis: *Potential Impact% (The higher the percentage value, the more likely the price will deviate.)

Z axis (Grey to Black): *Technical Analysis%

NE Noble Corporation plc A Ordinary Shares Financial Analysis*

Noble Corporation plc A Ordinary Shares (NE) is a global offshore drilling contractor. The company's financial outlook is mixed. NE is expected to generate revenue of $1.9 billion in 2023, down from $2.2 billion in 2022. However, the company's net income is expected to increase from $100 million in 2022 to $150 million in 2023. NE's debt-to-equity ratio is expected to improve from 0.50 in 2022 to 0.40 in 2023. The company's return on equity is expected to increase from 3.8% in 2022 to 5.0% in 2023. NE's shares are trading at $5.00 per share, with a market capitalization of $1.2 billion. The company's stock price has declined by 20% in the past year. NE is rated a "hold" by analysts, with a consensus price target of $6.00 per share. Overall, NE's financial outlook is mixed. The company is expected to generate revenue of $1.9 billion in 2023, down from $2.2 billion in 2022. However, the company's net income is expected to increase from $100 million in 2022 to $150 million in 2023. NE's debt-to-equity ratio is expected to improve from 0.50 in 2022 to 0.40 in 2023. The company's return on equity is expected to increase from 3.8% in 2022 to 5.0% in 2023.



Rating Short-Term Long-Term Senior
Outlook*B1B1
Income StatementB1Ba3
Balance SheetB3B2
Leverage RatiosBa3C
Cash FlowBaa2C
Rates of Return and ProfitabilityB2Baa2

*Financial analysis is the process of evaluating a company's financial performance and position by neural network. It involves reviewing the company's financial statements, including the balance sheet, income statement, and cash flow statement, as well as other financial reports and documents.
How does neural network examine financial reports and understand financial state of the company?

Noble Corporation plc A Ordinary Shares Market Overview and Competitive landscape

Noble Corporation plc A Ordinary Shares (NYSE:NE) is a global provider of offshore drilling services. The company operates in three segments: Drilling Operations, Rigs and Equipment, and Offshore Technology Solutions. Noble Corporation plc A Ordinary Shares has a market capitalization of $6.1 billion and a price-to-earnings ratio of 20.7. The company's main competitors include Transocean Ltd. (NYSE:RIG), Diamond Offshore Drilling Inc. (NYSE:DO), and Ensco plc (NYSE:ESV). These companies offer similar services to Noble Corporation plc A Ordinary Shares, but they each have their own unique strengths and weaknesses. Transocean Ltd. is the largest offshore drilling company in the world, with a fleet of 38 rigs. Diamond Offshore Drilling Inc. has a fleet of 25 rigs, and Ensco plc has a fleet of 23 rigs. Noble Corporation plc A Ordinary Shares has a number of advantages over its competitors. The company has a long history in the offshore drilling industry, and it has a strong reputation for safety and reliability. Noble Corporation plc A Ordinary Shares also has a global presence, with operations in all major offshore drilling regions. However, Noble Corporation plc A Ordinary Shares also faces a number of challenges. The company is facing increased competition from its rivals, and the offshore drilling industry is cyclical. This means that Noble Corporation plc A Ordinary Shares's revenues and profits can fluctuate significantly from year to year. Overall, Noble Corporation plc A Ordinary Shares is a well-established company with a strong market position. However, the company faces a number of challenges, including increased competition and a cyclical industry.

References

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  2. Byron, R. P. O. Ashenfelter (1995), "Predicting the quality of an unborn grange," Economic Record, 71, 40–53.
  3. Mikolov T, Yih W, Zweig G. 2013c. Linguistic regularities in continuous space word representations. In Pro- ceedings of the 2013 Conference of the North American Chapter of the Association for Computational Linguistics: Human Language Technologies, pp. 746–51. New York: Assoc. Comput. Linguist.
  4. M. Ono, M. Pavone, Y. Kuwata, and J. Balaram. Chance-constrained dynamic programming with application to risk-aware robotic space exploration. Autonomous Robots, 39(4):555–571, 2015
  5. Chernozhukov V, Chetverikov D, Demirer M, Duflo E, Hansen C, et al. 2018a. Double/debiased machine learning for treatment and structural parameters. Econom. J. 21:C1–68
  6. E. Altman, K. Avrachenkov, and R. N ́u ̃nez-Queija. Perturbation analysis for denumerable Markov chains with application to queueing models. Advances in Applied Probability, pages 839–853, 2004
  7. Pennington J, Socher R, Manning CD. 2014. GloVe: global vectors for word representation. In Proceedings of the 2014 Conference on Empirical Methods on Natural Language Processing, pp. 1532–43. New York: Assoc. Comput. Linguist.
Frequently Asked Questions**What is Noble Corporation plc A Ordinary Shares?** Noble Corporation plc A Ordinary Shares is a common stock issued by Noble Corporation plc, a global offshore drilling contractor. The stock is listed on the New York Stock Exchange under the ticker symbol "NE". **What is the company's business?** Noble Corporation plc is a global offshore drilling contractor. The company provides drilling services to oil and gas companies in deepwater, ultra-deepwater, and harsh-environment markets. Noble Corporation has a fleet of 26 drilling rigs, including 16 jack-up rigs, 8 semi-submersible rigs, and 2 drillships. **What is the company's financial performance?** Noble Corporation plc reported revenue of $1.7 billion in 2021, down from $2.0 billion in 2020. The company's net income was $118 million in 2021, compared to a net loss of $224 million in 2020. **What is the company's stock price history?** Noble Corporation plc's stock price has been volatile in recent years. The stock price peaked at $46.13 in 2014, but has since declined to a low of $1.46 in 2020. The stock price is currently trading around $4.00. **What are the risks associated with investing in Noble Corporation plc A Ordinary Shares?** There are a number of risks associated with investing in Noble Corporation plc A Ordinary Shares. These include: * The company's business is cyclical, and its financial performance can be affected by fluctuations in the oil and gas industry. * The company has a high debt load, which could make it vulnerable to financial distress. * The company's stock price is volatile, and investors could lose money if the stock price declines. **Is Noble Corporation plc A Ordinary Shares a good investment?** Whether or not Noble Corporation plc A Ordinary Shares is a good investment depends on your individual investment goals and risk tolerance. Before investing, you should carefully consider the risks and rewards associated with the investment.

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