Tower Resources Financials
TWRFF Stock | USD 0.08 0 2.87% |
Tower |
Tower Resources Stock Summary
Tower Resources competes with Metals X, Nevada King, Red Moon, South Star, and Cornish Metals. Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties in Canada. Tower Resources Ltd. was incorporated in 1988 and is headquartered in Squamish, Canada. TOWER RESOURCES is traded on OTC Exchange in the United States.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | 40440 Thunderbird Ridge |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Benchmark | Dow Jones Industrial |
Website | www.towerresources.ca |
Phone | 604 377 0403 |
Currency | USD - US Dollar |
Tower Resources Key Financial Ratios
There are many critical financial ratios that Tower Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Tower Resources reports annually and quarterly.Return On Equity | -0.0513 | |||
Return On Asset | -0.0518 | |||
Number Of Employees | 11 | |||
Beta | 1.02 |
Tower Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tower Resources's current stock value. Our valuation model uses many indicators to compare Tower Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tower Resources competition to find correlations between indicators driving Tower Resources's intrinsic value. More Info.Tower Resources is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tower Resources' earnings, one of the primary drivers of an investment's value.Tower Resources Systematic Risk
Tower Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tower Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Tower Resources correlated with the market. If Beta is less than 0 Tower Resources generally moves in the opposite direction as compared to the market. If Tower Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tower Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tower Resources is generally in the same direction as the market. If Beta > 1 Tower Resources moves generally in the same direction as, but more than the movement of the benchmark.
Tower Resources December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tower Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tower Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tower Resources based on widely used predictive technical indicators. In general, we focus on analyzing Tower Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tower Resources's daily price indicators and compare them against related drivers.
Downside Deviation | 7.88 | |||
Information Ratio | 0.0894 | |||
Maximum Drawdown | 28.97 | |||
Value At Risk | (9.60) | |||
Potential Upside | 11.11 |
Complementary Tools for Tower Pink Sheet analysis
When running Tower Resources' price analysis, check to measure Tower Resources' 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 Tower Resources is operating at the current time. Most of Tower Resources' value examination focuses on studying past and present price action to predict the probability of Tower Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tower Resources' price. Additionally, you may evaluate how the addition of Tower Resources to your portfolios can decrease your overall portfolio volatility.
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