Precision Drilling Stock Technical Analysis
| PD Stock | CAD 107.10 0.07 0.07% |
As of the 27th of January, Precision Drilling holds the Semi Deviation of 1.37, coefficient of variation of 372.8, and Risk Adjusted Performance of 0.2027. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Precision Drilling, as well as the relationship between them.
Precision Drilling Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Precision, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PrecisionPrecision |
Precision 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 Precision 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 Precision Drilling.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in Precision Drilling on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding Precision Drilling or generate 0.0% return on investment in Precision Drilling over 90 days. Precision Drilling is related to or competes with Trican Well, Pason Systems, Cardinal Energy, Kelt Exploration, Meren Energy, Spartan Delta, and Ensign Energy. Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related services... More
Precision 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 Precision 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 Precision Drilling upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | 0.223 | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.26 |
Precision Drilling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precision Drilling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Precision Drilling's standard deviation. In reality, there are many statistical measures that can use Precision Drilling historical prices to predict the future Precision Drilling's volatility.| Risk Adjusted Performance | 0.2027 | |||
| Jensen Alpha | 0.4821 | |||
| Total Risk Alpha | 0.2971 | |||
| Sortino Ratio | 0.2272 | |||
| Treynor Ratio | (2.80) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Precision Drilling's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Precision Drilling January 27, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2027 | |||
| Market Risk Adjusted Performance | (2.79) | |||
| Mean Deviation | 1.41 | |||
| Semi Deviation | 1.37 | |||
| Downside Deviation | 1.76 | |||
| Coefficient Of Variation | 372.8 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.2 | |||
| Information Ratio | 0.223 | |||
| Jensen Alpha | 0.4821 | |||
| Total Risk Alpha | 0.2971 | |||
| Sortino Ratio | 0.2272 | |||
| Treynor Ratio | (2.80) | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.26 | |||
| Downside Variance | 3.09 | |||
| Semi Variance | 1.89 | |||
| Expected Short fall | (1.58) | |||
| Skewness | (0.10) | |||
| Kurtosis | (0.01) |
Precision Drilling Backtested Returns
Precision Drilling appears to be very steady, given 3 months investment horizon. Precision Drilling maintains Sharpe Ratio (i.e., Efficiency) of 0.27, which implies the firm had a 0.27 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Precision Drilling, which you can use to evaluate the volatility of the company. Please evaluate Precision Drilling's Risk Adjusted Performance of 0.2027, semi deviation of 1.37, and Coefficient Of Variation of 372.8 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Precision Drilling holds a performance score of 21. The company holds a Beta of -0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Precision Drilling are expected to decrease at a much lower rate. During the bear market, Precision Drilling is likely to outperform the market. Please check Precision Drilling's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Precision Drilling's historical price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Precision Drilling has good predictability. Overlapping area represents the amount of predictability between Precision Drilling time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Precision Drilling price movement. The serial correlation of 0.72 indicates that around 72.0% of current Precision Drilling price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 17.81 |
Precision Drilling technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Precision Drilling Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Precision Drilling volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Precision Drilling Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Precision Drilling on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Precision Drilling based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Precision Drilling price pattern first instead of the macroeconomic environment surrounding Precision Drilling. By analyzing Precision Drilling's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Precision Drilling's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Precision Drilling specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2025 | 2026 (projected) | Dividend Yield | 0.0461 | 0.032 | Price To Sales Ratio | 0.76 | 0.72 |
Precision Drilling January 27, 2026 Technical Indicators
Most technical analysis of Precision help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Precision from various momentum indicators to cycle indicators. When you analyze Precision charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2027 | |||
| Market Risk Adjusted Performance | (2.79) | |||
| Mean Deviation | 1.41 | |||
| Semi Deviation | 1.37 | |||
| Downside Deviation | 1.76 | |||
| Coefficient Of Variation | 372.8 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.2 | |||
| Information Ratio | 0.223 | |||
| Jensen Alpha | 0.4821 | |||
| Total Risk Alpha | 0.2971 | |||
| Sortino Ratio | 0.2272 | |||
| Treynor Ratio | (2.80) | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.26 | |||
| Downside Variance | 3.09 | |||
| Semi Variance | 1.89 | |||
| Expected Short fall | (1.58) | |||
| Skewness | (0.10) | |||
| Kurtosis | (0.01) |
Precision Drilling January 27, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Precision stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 1,602 | ||
| Daily Balance Of Power | 0.03 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 107.23 | ||
| Day Typical Price | 107.18 | ||
| Price Action Indicator | (0.09) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precision Drilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. To learn how to invest in Precision Stock, please use our How to Invest in Precision Drilling guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.