Awilco Drilling Plc Stock Market Value

AWLCF Stock  USD 1.92  0.46  31.51%   
Awilco Drilling's market value is the price at which a share of Awilco Drilling trades on a public exchange. It measures the collective expectations of Awilco Drilling PLC investors about its performance. Awilco Drilling is trading at 1.92 as of the 29th of November 2024. This is a 31.51 percent increase since the beginning of the trading day. The stock's lowest day price was 1.46.
With this module, you can estimate the performance of a buy and hold strategy of Awilco Drilling PLC and determine expected loss or profit from investing in Awilco Drilling over a given investment horizon. Check out Awilco Drilling Correlation, Awilco Drilling Volatility and Awilco Drilling Alpha and Beta module to complement your research on Awilco Drilling.
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Please note, there is a significant difference between Awilco Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Awilco Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Awilco Drilling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Awilco 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 Awilco Drilling's otc 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 Awilco Drilling.
0.00
06/08/2023
No Change 0.00  0.0 
In 1 year 5 months and 25 days
11/29/2024
0.00
If you would invest  0.00  in Awilco Drilling on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Awilco Drilling PLC or generate 0.0% return on investment in Awilco Drilling over 540 days. Awilco Drilling is related to or competes with Dine Brands, Park Hotels, Insteel Industries, Biglari Holdings, and Wendys. Awilco Drilling PLC provides drilling services to oil and gas companies in the United Kingdom and Norway More

Awilco 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 Awilco Drilling's otc 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 Awilco Drilling PLC upside and downside potential and time the market with a certain degree of confidence.

Awilco Drilling Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Awilco Drilling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Awilco Drilling's standard deviation. In reality, there are many statistical measures that can use Awilco Drilling historical prices to predict the future Awilco Drilling's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Awilco 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.
Hype
Prediction
LowEstimatedHigh
1.601.922.24
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Intrinsic
Valuation
LowRealHigh
1.611.932.25
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Awilco Drilling PLC Backtested Returns

Awilco Drilling PLC secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Awilco Drilling PLC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Awilco Drilling's Risk Adjusted Performance of (0.11), mean deviation of 0.0757, and Standard Deviation of 0.3124 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0012, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Awilco Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Awilco Drilling is expected to be smaller as well. At this point, Awilco Drilling PLC has a negative expected return of -0.0403%. Please make sure to confirm Awilco Drilling's information ratio, daily balance of power, period momentum indicator, as well as the relationship between the treynor ratio and day typical price , to decide if Awilco Drilling PLC performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.56  

Good reverse predictability

Awilco Drilling PLC has good reverse predictability. Overlapping area represents the amount of predictability between Awilco Drilling time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Awilco Drilling PLC price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Awilco Drilling price fluctuation can be explain by its past prices.
Correlation Coefficient-0.56
Spearman Rank Test-0.18
Residual Average0.0
Price Variance0.06

Awilco Drilling PLC lagged returns against current returns

Autocorrelation, which is Awilco Drilling otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Awilco Drilling's otc stock expected returns. We can calculate the autocorrelation of Awilco Drilling returns to help us make a trade decision. For example, suppose you find that Awilco Drilling has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
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Awilco Drilling regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Awilco Drilling otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Awilco Drilling otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Awilco Drilling otc stock over time.
   Current vs Lagged Prices   
       Timeline  

Awilco Drilling Lagged Returns

When evaluating Awilco Drilling's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Awilco Drilling otc stock have on its future price. Awilco Drilling autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Awilco Drilling autocorrelation shows the relationship between Awilco Drilling otc stock current value and its past values and can show if there is a momentum factor associated with investing in Awilco Drilling PLC.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Awilco OTC Stock

Awilco Drilling financial ratios help investors to determine whether Awilco OTC 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 Awilco with respect to the benefits of owning Awilco Drilling security.