Drillcon (Sweden) Performance
| DRIL Stock | SEK 4.60 0.05 1.10% |
The firm shows a Beta (market volatility) of 0.53, which means possible diversification benefits within a given portfolio. As returns on the market increase, Drillcon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Drillcon is expected to be smaller as well. At this point, Drillcon AB has a negative expected return of -0.39%. Please make sure to confirm Drillcon's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Drillcon AB performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Drillcon AB has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 48 M | |
| Total Cashflows From Investing Activities | -53.3 M |
Drillcon |
Drillcon Relative Risk vs. Return Landscape
If you would invest 612.00 in Drillcon AB on September 3, 2024 and sell it today you would lose (152.00) from holding Drillcon AB or give up 24.84% of portfolio value over 90 days. Drillcon AB is generating negative expected returns and assumes 3.054% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Drillcon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Drillcon Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Drillcon's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Drillcon AB, and traders can use it to determine the average amount a Drillcon's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.127
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| Negative Returns | DRIL |
Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Drillcon is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Drillcon by adding Drillcon to a well-diversified portfolio.
Drillcon Fundamentals Growth
Drillcon Stock prices reflect investors' perceptions of the future prospects and financial health of Drillcon, and Drillcon fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Drillcon Stock performance.
| Return On Equity | -0.0706 | |||
| Return On Asset | -0.0222 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 331.29 M | |||
| Shares Outstanding | 44.6 M | |||
| Price To Earning | 10.10 X | |||
| Price To Book | 1.74 X | |||
| Price To Sales | 0.60 X | |||
| Revenue | 374.07 M | |||
| EBITDA | 22.5 M | |||
| Cash And Equivalents | 10.3 M | |||
| Cash Per Share | 0.89 X | |||
| Total Debt | 43.88 M | |||
| Debt To Equity | 37.60 % | |||
| Book Value Per Share | 3.05 X | |||
| Cash Flow From Operations | (665 K) | |||
| Earnings Per Share | (0.22) X | |||
| Total Asset | 323.49 M | |||
| Retained Earnings | 37 M | |||
| Current Asset | 131 M | |||
| Current Liabilities | 61 M | |||
About Drillcon Performance
Assessing Drillcon's fundamental ratios provides investors with valuable insights into Drillcon's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Drillcon is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Drillcon AB , together with its subsidiaries, operates as a diamond core drilling and raise boring contractor. The company was founded in 1963 and is headquartered in Nora, Sweden. Drillcon operates under Metals And Minerals Mining And Exploration classification in Sweden and is traded on Stockholm Stock Exchange.Things to note about Drillcon AB performance evaluation
Checking the ongoing alerts about Drillcon for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Drillcon AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Drillcon AB generated a negative expected return over the last 90 days | |
| Drillcon AB has high historical volatility and very poor performance | |
| The company reported the revenue of 374.07 M. Net Loss for the year was (6.87 M) with profit before overhead, payroll, taxes, and interest of 307.24 M. | |
| Drillcon AB has accumulated about 10.3 M in cash with (665 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.89. | |
| Roughly 56.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Drillcon's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Drillcon's stock is overvalued or undervalued compared to its peers.
- Examining Drillcon's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Drillcon's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Drillcon's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Drillcon's stock. These opinions can provide insight into Drillcon's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Drillcon Stock Analysis
When running Drillcon's price analysis, check to measure Drillcon'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 Drillcon is operating at the current time. Most of Drillcon's value examination focuses on studying past and present price action to predict the probability of Drillcon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drillcon's price. Additionally, you may evaluate how the addition of Drillcon to your portfolios can decrease your overall portfolio volatility.