Major Drilling (Germany) Analysis

Major Stock Analysis Notes

About 80.0% of the company shares are owned by institutions such as pension funds. The company has Price-to-Book (P/B) ratio of 1.87. In the past many companies with similar price-to-book ratios have beat the market. Major Drilling Group last dividend was issued on the 7th of October 2015. The entity had 3:1 split on the 21st of March 2011. Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies in Canada, the United States, Mexico, South America, Asia, Africa, and Europe. Major Drilling Group International Inc. was founded in 1980 and is headquartered in Moncton, Canada. MAJOR DRILLING operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2986 people. For more info on Major Drilling Group please contact Denis Larocque at 506 857 8636 or go to https://www.majordrilling.com.

Major Drilling Group Investment Alerts

Major Drilling Thematic Classifications

Major Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 653.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Major Drilling's market, we take the total number of its shares issued and multiply it by Major Drilling's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Major Profitablity

The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14.

Technical Drivers

As of the 25th of March, Major Drilling secures the Mean Deviation of 1.74, standard deviation of 2.41, and Risk Adjusted Performance of (0.06). Major Drilling Group technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Major Drilling Group mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Major Drilling Group is priced some-what accurately, providing market reflects its recent price of 5.1 per share.

Major Drilling Group Price Movement Analysis

Major Drilling Outstanding Bonds

Major Drilling Predictive Daily Indicators

Major Drilling Forecast Models

Major Drilling's time-series forecasting models are one of many Major Drilling's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Major Drilling's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Major Drilling prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Major shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Major Drilling. By using and applying Major Stock analysis, traders can create a robust methodology for identifying Major entry and exit points for their positions.

When running Major Drilling's price analysis, check to measure Major 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 Major Drilling is operating at the current time. Most of Major Drilling's value examination focuses on studying past and present price action to predict the probability of Major 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 Major Drilling's price. Additionally, you may evaluate how the addition of Major Drilling to your portfolios can decrease your overall portfolio volatility.