Precision Drilling Stock Price on November 4, 2024
| PDS Stock | USD 57.69 0.44 0.76% |
Below is the normalized historical share price chart for Precision Drilling extending back to November 15, 1996. 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 57.69, as last reported on the 29th of December, with the highest price reaching 59.00 and the lowest price hitting 57.60 during the day.
If you're considering investing in Precision Stock, it is important to understand the factors that can impact its price. Precision Drilling maintains Sharpe Ratio (i.e., Efficiency) of -0.0391, which implies the firm had a -0.0391% return per unit of risk over the last 3 months. Precision Drilling exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Precision Drilling's Risk Adjusted Performance of (0.03), variance of 4.49, and Coefficient Of Variation of (2,071) to confirm the risk estimate we provide.
At this time, Precision Drilling's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 3.3 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 71.3 M in 2024. . Price To Free Cash Flows Ratio is likely to gain to 3.80 in 2024, whereas Price To Sales Ratio is likely to drop 0.49 in 2024. Precision Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of November 1996 | 200 Day MA 66.9135 | 50 Day MA 60.9436 | Beta 2.748 |
Precision |
Sharpe Ratio = -0.0391
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| Negative Returns | PDS |
Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Precision Drilling is not performing at its full potential. However, 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 Precision Drilling to a well-diversified portfolio.
Price Book 0.7033 | Enterprise Value Ebitda 3.4121 | Price Sales 0.4186 | Shares Float 13.6 M | Wall Street Target Price 91.07 |
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Precision Drilling Valuation on November 4, 2024
It is possible to determine the worth of Precision Drilling on a given historical date. On November 4, 2024 Precision was worth 59.76 at the beginning of the trading date compared to the closed value of 61.34. 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 | |
| 60.97 | 61.17 | 59.05 | 59.25 | 102,221 | |
11/04/2024 | 59.76 | 61.83 | 59.76 | 61.34 | 107,642 |
| 61.87 | 62.09 | 60.96 | 61.91 | 87,695 |
| Backtest Precision Drilling | | | Precision Drilling History | | | Precision Drilling Valuation | Previous | Next |
Precision Drilling Trading Date Momentum on November 4, 2024
| On November 05 2024 Precision Drilling was traded for 61.91 at the closing time. Highest Precision Drilling's price during the trading hours was 62.09 and the lowest price during the day was 60.96 . The net volume was 87.7 K. The overall trading history on the 5th of November contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.93% . The trading delta at closing time to current price is 2.02% . |
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 | 15.3 M | 14.4 M | |
| Net Loss | -30.9 M | -29.3 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 | December 29, 2024
| High |
0.00 | 0.00 |
Precision Drilling cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 December 29, 2024 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 | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.36) |
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Additional 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.