Precision Drilling Downside Deviation
| PD Stock | | | CAD 135.53 0.65 0.48% |
This dataset for Precision Drilling reflects inputs used in the Downside Deviation calculation. Data availability for the calculation period determines indicator completeness. Precision Drilling has a market cap of 1.79 B, operating margin of 7.91%, ROE of 0.19%. Review
Your Equity Center for broader portfolio context. The allocation includes a position in Precision Drilling. It is distributed across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
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Precision Drilling has current Downside Deviation of 1.94. Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target.
Downside Deviation | = | SQRT(DV) |
| = | 1.94 | |
Downside Deviation Peers Comparison
Downside Deviation Relative To Other Indicators
Precision Drilling is rated
below average in downside deviation compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
6.26 in Maximum Drawdown for each unit of Downside Deviation. The spread between Maximum Drawdown and Downside Deviation for Precision Drilling sits at
6.26 It is the square root of the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of most private investors.
Compare Precision Drilling to Peers
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