PRECISION DRILLING Stock Forecast - Market Facilitation Index

PRE1 Stock  EUR 64.00  3.00  4.92%   
PRECISION Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of PRECISION DRILLING's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
PRECISION DRILLING P has current Market Facilitation Index of 1.5. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
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PRECISION DRILLING Trading Date Momentum

On November 25 2024 PRECISION DRILLING P was traded for  64.00  at the closing time. The maximum traded price for the trading interval was 64.00  and the lowest daily price was  62.50 . There was no trading activity during the period 0.0. Lack of trading volume on 25th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 2.34% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for PRECISION DRILLING

For every potential investor in PRECISION, whether a beginner or expert, PRECISION DRILLING's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PRECISION Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PRECISION. Basic forecasting techniques help filter out the noise by identifying PRECISION DRILLING's price trends.

PRECISION DRILLING Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PRECISION DRILLING stock to make a market-neutral strategy. Peer analysis of PRECISION DRILLING could also be used in its relative valuation, which is a method of valuing PRECISION DRILLING by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

PRECISION DRILLING Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of PRECISION DRILLING's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of PRECISION DRILLING's current price.

PRECISION DRILLING Market Strength Events

Market strength indicators help investors to evaluate how PRECISION DRILLING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PRECISION DRILLING shares will generate the highest return on investment. By undertsting and applying PRECISION DRILLING stock market strength indicators, traders can identify PRECISION DRILLING P entry and exit signals to maximize returns.

PRECISION DRILLING Risk Indicators

The analysis of PRECISION DRILLING's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in PRECISION DRILLING's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting precision stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Other Information on Investing in PRECISION Stock

PRECISION DRILLING financial ratios help investors to determine whether PRECISION Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PRECISION with respect to the benefits of owning PRECISION DRILLING security.