Volatility Levels in Focus For Frank’s International N.V. (NYSE:FI) — Beta Runs to 1.40

After looking for stocks with higher betas, we can see that Frank’s International N.V. (NYSE:FI) has a current beta of 1.40. The beta of a stock is typically used as a historical volatility indicator in relation to the overall market. Beta is a measurement of the stock price fluctuation, and may be used to gauge how fast the price may rise or fall. Beta compares the returns of company stock to return of the market as a whole. A beta of 1 would indicate that the stock price moves with the market. A beta below 1 might indicate that the stock is less volatile than the market. A beta above 1 indicates that the stock price is more volatile than the market in theory. Checking in on current price action, company shares had recently touched 5.66. From the session open, shares have moved -0.96%. Investors will be watching to see how the stock reacts to market influences over the next few weeks. As we near the halfway point of the calendar year, investors may be trying to figure out if now is the time to get in on the name, or whether to wait for a better opportunity.

There are plenty of different types of stocks that investors have to choose from. Some will opt to be more aggressive with their portfolios while others will choose to play it a bit safer. Blue chip stocks include companies that typically have a high market cap and have been profitable over a long period of time. Growth stocks are typically expected to have a high P/E ratio and a low dividend yield. The idea is that a growth stock will continue to expand and grow into the future. Many investors will be searching for value stocks. Value stocks are typically cyclical in nature and investors may be looking to buy and hold these types rather than try to squeeze out some short-term profits.

After a recent check, Frank’s International N.V. (NYSE:FI) shares have been seen trading -2.58% away from the 20-day moving average. Zooming out to the 50-day, we can see that shares are currently trading -4.00% off of that mark. Looking at the 200-day moving average, shares have been trading -13.50% away from that value. The moving average uses the sum of all of the previous closing prices over a certain time period and divides the result by the number of prices used in the calculation. Many investors will opt to use multiple time periods when examining moving averages. Moving averages are considered to be lagging indicators, and they may prove to be very useful for spotting peaks and troughs. They may also be used to help the trader calculate sturdy support and resistance levels for the stock.

Investors may be closely monitoring historical stock price performance in order to examine what has been happening with company shares. Let’s take a look at some of the numbers for Frank’s International N.V. (NYSE:FI). Stock price performance for the past week is currently noted at 8.49%. If we look back to the beginning of the calendar year, shares have performed 10.15%. Looking back over the past full-year, shares have performed -24.44%. Over the past month, the stock has performed -5.89%. Over the last quarter, the stock has performed -5.27%. Briefly looking at some recent volatility numbers, we can see that shares have been noted at 4.17% for the week, and 4.85% for the past month.

Investors may be looking closely at current stock market levels as we move towards the closing stages of the year. Investors might be reviewing current holdings to see if there are any changes that need to be made. Even when things are going good with equities, it may be wise to regularly check the portfolio to make sure that everything is still balanced properly. Being prepared for various market conditions may be a great help to the investor when the winds of change eventually blow in.    

We are also noting that Frank’s International N.V. (NYSE:FI) was recently seen trading -14.19% away from the 50-day high and 13.33% separated from the 50-day low. Taking a broader view, the current separation from the 52-week high is -42.00%, and the distance from the 52-week low is currently 17.81%. Let’s also look quickly at some analyst views on company shares. At the time of writing, the consensus target price for the company is $6.64. The consensus recommendation provided by covering sell-side analysts is currently 3.10. This number lands on a scale from 1 to 5. Following this scale, a rating of a 1 or a 2 would indicate a consensus Buy recommendation. A rating of 4 or 5 would represent a consensus Sell recommendation. A rating of 3 would indicate a Hold recommendation.

As we close in on the end of the calendar year, investors may be trying to visualize potential trades for the New Year. There are many professionals that believe that there is still plenty of room for stocks to run even at current levels. Preparing the game plan for the next few quarters may give the investor some new ideas. Staying focused and maintaining discipline may help guide the investor to unchartered territory in the coming months. Tracking market events from multiple angles may also help provide some enhanced perspective.         

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