We advise to exercise Stampede Drilling fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Stampede Drilling as well as the relationship between them. We were able to interpolate thirty-two available drivers for Stampede Drilling, which can be compared to its competition. The stock experiences a very speculative upward sentiment. Check odds of Stampede Drilling to be traded at C$0.19 in 90 days. Key indicators impacting Stampede Drilling's financial strength include:
Understanding current and past Stampede Drilling Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Stampede Drilling's financial statements are interrelated, with each one affecting the others. For example, an increase in Stampede Drilling's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Stampede Drilling's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Stampede Drilling. Check Stampede Drilling's Beneish M Score to see the likelihood of Stampede Drilling's management manipulating its earnings.
Stampede Drilling Stock Summary
Stampede Drilling competes with STEP Energy, and PHX Energy. Stampede Drilling Inc. provides horizontal and directional drilling equipment and services for the oil and gas industry in Canada and the United States. Stampede Drilling Inc. was incorporated in 2011 and is headquartered in Calgary, Canada. STAMPEDE DRILLING operates under Oil Gas Equipment Services classification in Canada and is traded on TSX Venture Exchange. It employs 122 people.
You should never invest in Stampede Drilling without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Stampede Stock, because this is throwing your money away. Analyzing the key information contained in Stampede Drilling's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Stampede Drilling Key Financial Ratios
There are many critical financial ratios that Stampede Drilling's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Stampede Drilling reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Stampede Drilling's current stock value. Our valuation model uses many indicators to compare Stampede Drilling value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Stampede Drilling competition to find correlations between indicators driving Stampede Drilling's intrinsic value. More Info.
Stampede Drilling is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about 0.58 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Stampede Drilling is roughly 1.74 . At this time, Stampede Drilling's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Stampede Drilling's earnings, one of the primary drivers of an investment's value.
Stampede Drilling Systematic Risk
Stampede Drilling's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Stampede Drilling volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Stampede Drilling correlated with the market. If Beta is less than 0 Stampede Drilling generally moves in the opposite direction as compared to the market. If Stampede Drilling Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Stampede Drilling is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Stampede Drilling is generally in the same direction as the market. If Beta > 1 Stampede Drilling moves generally in the same direction as, but more than the movement of the benchmark.
Stampede Drilling Total Assets Over Time
Stampede Drilling Thematic Clasifications
Stampede Drilling is part of Oil And Gas investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Oil And Gas drilling, production, pipelines, and equipment. Companies involved in drilling, production, and distribution of oil and gas pipelines
This theme covers Oil And Gas drilling, production, pipelines, and equipment. Companies involved in drilling, production, and distribution of oil and gas pipelines. Get More Thematic Ideas
Today, most investors in Stampede Drilling Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Stampede Drilling's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Stampede Drilling growth as a starting point in their analysis.
Stampede Drilling November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Stampede Drilling help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Stampede Drilling. We use our internally-developed statistical techniques to arrive at the intrinsic value of Stampede Drilling based on widely used predictive technical indicators. In general, we focus on analyzing Stampede Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Stampede Drilling's daily price indicators and compare them against related drivers.
When running Stampede Drilling's price analysis, check to measure Stampede 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 Stampede Drilling is operating at the current time. Most of Stampede Drilling's value examination focuses on studying past and present price action to predict the probability of Stampede 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 Stampede Drilling's price. Additionally, you may evaluate how the addition of Stampede Drilling to your portfolios can decrease your overall portfolio volatility.