Capital Drilling's market value is the price at which a share of Capital Drilling trades on a public exchange. It measures the collective expectations of Capital Drilling investors about its performance. Capital Drilling is selling for under 83.20 as of the 6th of July 2025; that is 0.95 percent decrease since the beginning of the trading day. The stock's lowest day price was 83.2. With this module, you can estimate the performance of a buy and hold strategy of Capital Drilling and determine expected loss or profit from investing in Capital Drilling over a given investment horizon. Check out Capital Drilling Correlation, Capital Drilling Volatility and Capital Drilling Alpha and Beta module to complement your research on Capital Drilling.
Please note, there is a significant difference between Capital Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capital Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital 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.
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.
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.
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.
Capital Drilling appears to be very steady, given 3 months investment horizon. Capital Drilling secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24 % return per unit of risk over the last 3 months. By analyzing Capital Drilling's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of Capital Drilling's Downside Deviation of 1.36, mean deviation of 1.46, and Risk Adjusted Performance of 0.3861 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Capital Drilling holds a performance score of 18. The firm shows a Beta (market volatility) of 0.0279, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Capital Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Capital Drilling is expected to be smaller as well. Please check Capital Drilling's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Capital Drilling's price patterns will revert.
Auto-correlation
0.80
Very good predictability
Capital Drilling has very good predictability. Overlapping area represents the amount of predictability between Capital Drilling time series from 7th of April 2025 to 22nd of May 2025 and 22nd of May 2025 to 6th of July 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 0.8 indicates that around 80.0% of current Capital Drilling price fluctuation can be explain by its past prices.
Correlation Coefficient
0.8
Spearman Rank Test
0.84
Residual Average
0.0
Price Variance
34.31
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.
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.