Precision Drilling Market Risk Adjusted Performance
| PD Stock | | | CAD 135.53 0.65 0.48% |
This dataset for Precision Drilling reflects inputs used in the Market Risk Adjusted Performance calculation. All values reflect available price and volume data across reporting intervals. 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 overview captures current portfolio composition. The portfolio view uses available data to frame composition. 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.
The
How to Trade Precision Stock guide covers approaches for trading Precision Drilling effectively.
Precision Drilling has current Market Risk Adjusted Performance of 1.24.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 1.24 | |
| ER[a] | = | Expected return on investing in Precision Drilling |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
Precision Drilling lands at
#5 in market risk adjusted performance compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
9.80 in Maximum Drawdown for each unit of Market Risk Adjusted Performance. The spread between Maximum Drawdown and Market Risk Adjusted Performance for Precision Drilling sits at
9.80 Other Technical Indicators