PRECISION DRILLING (Germany) Performance
| PRE1 Stock | EUR 49.00 1.50 2.97% |
The company holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, PRECISION DRILLING's returns are expected to increase less than the market. However, during the bear market, the loss of holding PRECISION DRILLING is expected to be smaller as well. At this point, PRECISION DRILLING has a negative expected return of -0.29%. Please make sure to check PRECISION DRILLING's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if PRECISION DRILLING performance from the past will be repeated at future time.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days PRECISION DRILLING P has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's technical and fundamental indicators remain nearly stable which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
PRECISION |
PRECISION DRILLING Relative Risk vs. Return Landscape
If you would invest 5,900 in PRECISION DRILLING P on November 29, 2024 and sell it today you would lose (1,000.00) from holding PRECISION DRILLING P or give up 16.95% of portfolio value over 90 days. PRECISION DRILLING P is producing return of less than zero assuming 2.0167% volatility of returns over the 90 days investment horizon. Simply put, 17% of all stocks have less volatile historical return distribution than PRECISION DRILLING, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
PRECISION DRILLING Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PRECISION DRILLING's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as PRECISION DRILLING P, and traders can use it to determine the average amount a PRECISION DRILLING's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.146
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| Negative Returns | PRE1 |
Estimated Market Risk
| 2.02 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 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.
PRECISION DRILLING Fundamentals Growth
PRECISION Stock prices reflect investors' perceptions of the future prospects and financial health of PRECISION DRILLING, and PRECISION DRILLING fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on PRECISION Stock performance.
| Return On Equity | -0.0524 | |||
| Return On Asset | -0.0041 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | (0.01) % | |||
| Shares Outstanding | 13.52 M | |||
| Revenue | 1.4 B | |||
| EBITDA | 250.11 M | |||
| Cash And Equivalents | 77.83 M | |||
| Cash Per Share | 5.85 X | |||
| Total Debt | 1.25 B | |||
| Debt To Equity | 0.92 % | |||
| Book Value Per Share | 91.21 X | |||
| Cash Flow From Operations | 166.59 M | |||
| Earnings Per Share | (10.15) X | |||
About PRECISION DRILLING Performance
By analyzing PRECISION DRILLING's fundamental ratios, stakeholders can gain valuable insights into PRECISION DRILLING's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PRECISION DRILLING has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if PRECISION DRILLING has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about PRECISION DRILLING performance evaluation
Checking the ongoing alerts about PRECISION DRILLING for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for PRECISION DRILLING help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| PRECISION DRILLING generated a negative expected return over the last 90 days | |
| PRECISION DRILLING has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.4 B. Net Loss for the year was (150.97 M) with profit before overhead, payroll, taxes, and interest of 267.7 M. |
- Analyzing PRECISION DRILLING's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether PRECISION DRILLING's stock is overvalued or undervalued compared to its peers.
- Examining PRECISION DRILLING's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating PRECISION DRILLING's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PRECISION DRILLING's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of PRECISION DRILLING's stock. These opinions can provide insight into PRECISION DRILLING's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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