Precision Drilling Stock Price on December 11, 2024
| PD Stock | CAD 90.82 2.90 3.30% |
Below is the normalized historical share price chart for Precision Drilling extending back to December 18, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Precision Drilling stands at 90.82, as last reported on the 3rd of January, with the highest price reaching 92.15 and the lowest price hitting 88.94 during the day.
If you're considering investing in Precision Stock, it is important to understand the factors that can impact its price. As of now, Precision Stock is very steady. Precision Drilling maintains Sharpe Ratio (i.e., Efficiency) of 0.0262, which implies the firm had a 0.0262% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Precision Drilling, which you can use to evaluate the volatility of the company. Please check Precision Drilling's Risk Adjusted Performance of 0.0637, semi deviation of 1.94, and Coefficient Of Variation of 1399.56 to confirm if the risk estimate we provide is consistent with the expected return of 0.0561%.
As of the 3rd of January 2025, Total Stockholder Equity is likely to drop to about 1.7 B. In addition to that, Common Stock Shares Outstanding is likely to drop to about 14.4 M. As of the 3rd of January 2025, Price To Free Cash Flows Ratio is likely to grow to 3.42, while Price To Sales Ratio is likely to drop 0.56. Precision Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 91.9908 | 50 Day MA 85.8448 | Beta 2.748 |
Precision |
Sharpe Ratio = 0.0262
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Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Precision Drilling is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Precision Drilling by adding it to a well-diversified portfolio.
Price Book 0.7465 | Enterprise Value Ebitda 3.524 | Price Sales 0.6372 | Shares Float 13.6 M | Wall Street Target Price 125 |
Precision Drilling Main Headline on 11th of December 2024
Precision Drilling Corp Shares Gap Down to 59.065 on Dec 6 -... by news.google.com
Precision Drilling Corp Shares Gap Down to 59.065 on Dec 6 GuruFocus.com
Precision Drilling Valuation on December 11, 2024
It is possible to determine the worth of Precision Drilling on a given historical date. On December 11, 2024 Precision was worth 85.97 at the beginning of the trading date compared to the closed value of 87.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Precision Drilling stock. Still, in general, we apply an absolute valuation method to find Precision Drilling's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Precision Drilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Precision Drilling's related companies.
| Open | High | Low | Close | Volume | |
| 85.86 | 86.93 | 85.45 | 85.97 | 43,814 | |
12/11/2024 | 85.97 | 87.62 | 85.65 | 87.06 | 50,794 |
| 87.07 | 87.53 | 85.45 | 87.42 | 60,500 |
| Backtest Precision Drilling | | | Precision Drilling History | | | Precision Drilling Valuation | Previous | Next |
Precision Drilling Trading Date Momentum on December 11, 2024
| On December 12 2024 Precision Drilling was traded for 87.42 at the closing time. The highest daily price throughout the period was 87.53 and the lowest price was 85.45 . The daily volume was 60.5 K. The net trading volume on 12/12/2024 added to the next day price boost. The trading delta at closing time to closing price of the next trading day was 0.41% . The trading delta at closing time to current closing price is 5.87% . |
Precision Drilling Fundamentals Correlations and Trends
By evaluating Precision Drilling's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Precision Drilling's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Precision financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Precision Drilling Stock history
Precision Drilling investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Precision is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Precision Drilling will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Precision Drilling stock prices may prove useful in developing a viable investing in Precision Drilling
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 17.6 M | 14.4 M | |
| Net Loss | -30.9 M | -32.4 M |
Precision Drilling Quarterly Net Working Capital |
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Precision Drilling Stock Technical Analysis
Precision Drilling technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Precision Drilling Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
Precision Drilling cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Precision Drilling January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Precision Drilling stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Precision Drilling shares will generate the highest return on investment. By undertsting and applying Precision Drilling stock market strength indicators, traders can identify Precision Drilling entry and exit signals to maximize returns
Precision Drilling Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Precision Drilling's price direction in advance. Along with the technical and fundamental analysis of Precision Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Precision to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0637 | |||
| Jensen Alpha | 0.139 | |||
| Total Risk Alpha | 0.1349 | |||
| Sortino Ratio | 0.0659 | |||
| Treynor Ratio | 4.93 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precision Drilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Precision Stock, please use our How to Invest in Precision Drilling guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..