Awilco Drilling (Norway) Market Value
| AWDR Stock | NOK 22.30 1.60 6.69% |
| Symbol | Awilco |
Awilco Drilling 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Awilco Drilling's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Awilco Drilling.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Awilco Drilling on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Awilco Drilling PLC or generate 0.0% return on investment in Awilco Drilling over 90 days. Awilco Drilling is related to or competes with Odfjell Drilling, BW Offshore, and Prosafe SE. Awilco Drilling PLC provides drilling services to oil and gas companies in the United Kingdom More
Awilco Drilling Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Awilco Drilling's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Awilco Drilling PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.5 | |||
| Information Ratio | 0.0474 | |||
| Maximum Drawdown | 27.2 | |||
| Value At Risk | (6.69) | |||
| Potential Upside | 8.14 |
Awilco Drilling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Awilco Drilling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Awilco Drilling's standard deviation. In reality, there are many statistical measures that can use Awilco Drilling historical prices to predict the future Awilco Drilling's volatility.| Risk Adjusted Performance | 0.0284 | |||
| Jensen Alpha | 0.0938 | |||
| Total Risk Alpha | 0.6084 | |||
| Sortino Ratio | 0.0358 | |||
| Treynor Ratio | 1.61 |
Awilco Drilling PLC Backtested Returns
As of now, Awilco Stock is not too volatile. Awilco Drilling PLC secures Sharpe Ratio (or Efficiency) of 0.0277, which signifies that the company had a 0.0277 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Awilco Drilling PLC, which you can use to evaluate the volatility of the firm. Please confirm Awilco Drilling's Risk Adjusted Performance of 0.0284, downside deviation of 5.5, and Mean Deviation of 2.25 to double-check if the risk estimate we provide is consistent with the expected return of 0.0978%. Awilco Drilling has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0546, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Awilco Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Awilco Drilling is expected to be smaller as well. Awilco Drilling PLC right now shows a risk of 3.52%. Please confirm Awilco Drilling PLC downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Awilco Drilling PLC will be following its price patterns.
Auto-correlation | 0.06 |
Virtually no predictability
Awilco Drilling PLC has virtually no predictability. Overlapping area represents the amount of predictability between Awilco Drilling time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Awilco Drilling PLC price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Awilco Drilling price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Awilco Drilling PLC lagged returns against current returns
Autocorrelation, which is Awilco Drilling stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Awilco Drilling's stock expected returns. We can calculate the autocorrelation of Awilco Drilling returns to help us make a trade decision. For example, suppose you find that Awilco Drilling has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Awilco Drilling regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Awilco Drilling stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Awilco Drilling stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Awilco Drilling stock over time.
Current vs Lagged Prices |
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Awilco Drilling Lagged Returns
When evaluating Awilco Drilling's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Awilco Drilling stock have on its future price. Awilco Drilling autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Awilco Drilling autocorrelation shows the relationship between Awilco Drilling stock current value and its past values and can show if there is a momentum factor associated with investing in Awilco Drilling PLC.
Regressed Prices |
| Timeline |
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Awilco Drilling financial ratios help investors to determine whether Awilco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Awilco with respect to the benefits of owning Awilco Drilling security.