Capital Drilling (UK) Market Value
| CAPD Stock | 75.60 1.00 1.31% |
| Symbol | Capital |
Capital 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 Capital 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 Capital Drilling.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Capital Drilling on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Capital Drilling or generate 0.0% return on investment in Capital Drilling over 30 days. Capital Drilling is related to or competes with Sunny Optical, GreenX Metals, DXC Technology, Europa Metals, Xeros Technology, European Metals, and Accesso Technology. Capital Drilling is entity of United Kingdom More
Capital 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 Capital 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 Capital Drilling upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 16.05 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 3.86 |
Capital Drilling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capital Drilling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capital Drilling's standard deviation. In reality, there are many statistical measures that can use Capital Drilling historical prices to predict the future Capital Drilling's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 18.68 |
Capital Drilling Backtested Returns
Capital Drilling secures Sharpe Ratio (or Efficiency) of -0.046, which signifies that the company had a -0.046 % return per unit of risk over the last 3 months. Capital Drilling exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Capital Drilling's Standard Deviation of 2.46, risk adjusted performance of (0.04), and Mean Deviation of 1.73 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0084, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Capital Drilling are expected to decrease at a much lower rate. During the bear market, Capital Drilling is likely to outperform the market. At this point, Capital Drilling has a negative expected return of -0.12%. Please make sure to confirm Capital Drilling's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Capital Drilling performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Capital Drilling has very weak reverse predictability. Overlapping area represents the amount of predictability between Capital Drilling time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Capital Drilling price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Capital Drilling price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 12.77 |
Capital Drilling lagged returns against current returns
Autocorrelation, which is Capital Drilling 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 Capital Drilling's stock expected returns. We can calculate the autocorrelation of Capital Drilling returns to help us make a trade decision. For example, suppose you find that Capital Drilling has exhibited high autocorrelation historically, and you observe that the 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 |
| Timeline |
Capital 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 Capital Drilling stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capital Drilling stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capital Drilling stock over time.
Current vs Lagged Prices |
| Timeline |
Capital Drilling Lagged Returns
When evaluating Capital Drilling's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capital Drilling stock have on its future price. Capital 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, Capital Drilling autocorrelation shows the relationship between Capital Drilling stock current value and its past values and can show if there is a momentum factor associated with investing in Capital Drilling.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Capital Stock Analysis
When running Capital Drilling's price analysis, check to measure Capital 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 Capital Drilling is operating at the current time. Most of Capital Drilling's value examination focuses on studying past and present price action to predict the probability of Capital 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 Capital Drilling's price. Additionally, you may evaluate how the addition of Capital Drilling to your portfolios can decrease your overall portfolio volatility.