PRECISION DRILLING Financials
| PRE1 Stock | EUR 41.80 0.40 0.97% |
PRECISION |
PRECISION DRILLING Stock Summary
PRECISION DRILLING competes with NAKED WINES, Genscript Biotech, Firan Technology, ORMAT TECHNOLOGIES, and Uber Technologies. Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related products and services in North America and the Middle East. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada. PRECISION DRILLING operates under Oil Gas Drilling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3500 people.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | CA74022D4075 |
| Business Address | 5258th Avenue SW |
| Sector | Energy |
| Industry | Oil & Gas Drilling |
| Benchmark | Dow Jones Industrial |
| Website | www.precisiondrilling.com |
| Phone | 403 716 4500 |
| Currency | EUR - Euro |
You should never invest in PRECISION DRILLING without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of PRECISION Stock, because this is throwing your money away. Analyzing the key information contained in PRECISION DRILLING's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
PRECISION DRILLING Key Financial Ratios
There are many critical financial ratios that PRECISION DRILLING's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that PRECISION DRILLING reports annually and quarterly.| Return On Equity | -0.0524 | |||
| Return On Asset | -0.0041 | |||
| Beta | 3.25 |
PRECISION Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PRECISION DRILLING's current stock value. Our valuation model uses many indicators to compare PRECISION DRILLING value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PRECISION DRILLING competition to find correlations between indicators driving PRECISION DRILLING's intrinsic value. More Info.PRECISION DRILLING P is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PRECISION DRILLING's earnings, one of the primary drivers of an investment's value.PRECISION DRILLING Systematic Risk
PRECISION DRILLING's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. PRECISION DRILLING volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on PRECISION DRILLING correlated with the market. If Beta is less than 0 PRECISION DRILLING generally moves in the opposite direction as compared to the market. If PRECISION DRILLING Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PRECISION DRILLING is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PRECISION DRILLING is generally in the same direction as the market. If Beta > 1 PRECISION DRILLING moves generally in the same direction as, but more than the movement of the benchmark.
PRECISION DRILLING Thematic Clasifications
PRECISION DRILLING P is part of Oil And Gas investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Oil And Gas drilling, production, pipelines, and equipment. Companies involved in drilling, production, and distribution of oil and gas pipelines
This theme covers Oil And Gas drilling, production, pipelines, and equipment. Companies involved in drilling, production, and distribution of oil and gas pipelines. Get More Thematic Ideas
| Oil And Gas | View |
PRECISION DRILLING March 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of PRECISION DRILLING help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of PRECISION DRILLING P. We use our internally-developed statistical techniques to arrive at the intrinsic value of PRECISION DRILLING P based on widely used predictive technical indicators. In general, we focus on analyzing PRECISION Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PRECISION DRILLING's daily price indicators and compare them against related drivers.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 14.8 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 3.5 |
Complementary Tools for PRECISION Stock analysis
When running PRECISION DRILLING's price analysis, check to measure PRECISION DRILLING'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 PRECISION DRILLING is operating at the current time. Most of PRECISION DRILLING's value examination focuses on studying past and present price action to predict the probability of PRECISION DRILLING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PRECISION DRILLING's price. Additionally, you may evaluate how the addition of PRECISION DRILLING to your portfolios can decrease your overall portfolio volatility.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |