Triple Flag Precious Stock Price on October 22, 2024

TFPM Stock  USD 15.21  0.02  0.13%   
If you're considering investing in Triple Stock, it is important to understand the factors that can impact its price. As of today, the current price of Triple Flag stands at 15.21, as last reported on the 25th of December, with the highest price reaching 15.24 and the lowest price hitting 15.04 during the day. Triple Flag Precious owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Triple Flag Precious exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Triple Flag's Coefficient Of Variation of (1,499), variance of 3.6, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
  
As of the 25th of December 2024, Other Stockholder Equity is likely to grow to about 330.7 K, while Total Stockholder Equity is likely to drop about 1.2 B. . At this time, Triple Flag's Price Sales Ratio is very stable compared to the past year. As of the 25th of December 2024, Price Fair Value is likely to grow to 1.54, though Price Earnings To Growth Ratio is likely to grow to (1.48). Triple Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1033

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Estimated Market Risk

 1.88
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Triple Flag 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 Triple Flag by adding Triple Flag to a well-diversified portfolio.
Price Book
1.7945
Enterprise Value Ebitda
72.5077
Price Sales
12.4706
Shares Float
63.2 M
Dividend Share
0.213

Triple Flag Main Headline on 22nd of October 2024

Shares of Triple Flag Precious Metals Corp surged 3.70 percent in mid-day trading on Oct 22. The stock reached an intraday high of 18.88, before settling at

Triple Flag Valuation on October 22, 2024

It is possible to determine the worth of Triple Flag on a given historical date. On October 22, 2024 Triple was worth 18.26 at the beginning of the trading date compared to the closed value of 18.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Triple Flag stock. Still, in general, we apply an absolute valuation method to find Triple Flag's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Triple Flag where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Triple Flag's related companies.
 Open High Low Close Volume
  18.13    18.24    17.85    18.11    256,925  
10/22/2024
  18.26    18.88    18.24    18.75    326,115  
  18.57    18.57    18.18    18.36    271,971  
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Open Value
18.26
18.75
Closing Value
23.90
Upside

Triple Flag Trading Date Momentum on October 22, 2024

On October 23 2024 Triple Flag Precious was traded for  18.36  at the closing time. The top price for the day was 18.57  and the lowest listed price was  18.18 . The trading volume for the day was 272 K. The trading history from October 23, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.08% . The trading price change against the current closing price is 8.21% .

Triple Flag Precious Fundamentals Correlations and Trends

By evaluating Triple Flag's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Triple Flag's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Triple financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Triple Flag Stock history

Triple Flag investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Triple is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Triple Flag Precious will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Triple Flag stock prices may prove useful in developing a viable investing in Triple Flag
Last ReportedProjected for Next Year
Common Stock Shares Outstanding199.5 M177.6 M
Net Income Applicable To Common Shares63.3 M66.5 M

Triple Flag Quarterly Net Working Capital

43.37 Million

Triple Flag Stock Technical Analysis

Triple Flag technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Triple Flag technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Triple Flag trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Triple Flag Period Price Range

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Triple Flag Precious cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Triple Flag December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Triple Flag stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Triple Flag shares will generate the highest return on investment. By undertsting and applying Triple Flag stock market strength indicators, traders can identify Triple Flag Precious entry and exit signals to maximize returns

Triple Flag Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Triple Flag's price direction in advance. Along with the technical and fundamental analysis of Triple Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Triple to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Triple Flag Precious is a strong investment it is important to analyze Triple Flag's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Triple Flag's future performance. For an informed investment choice regarding Triple Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Flag Precious. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Triple Flag. If investors know Triple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Triple Flag listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.005
Dividend Share
0.213
Earnings Share
(0.27)
Revenue Per Share
1.224
Quarterly Revenue Growth
0.491
The market value of Triple Flag Precious is measured differently than its book value, which is the value of Triple that is recorded on the company's balance sheet. Investors also form their own opinion of Triple Flag's value that differs from its market value or its book value, called intrinsic value, which is Triple Flag's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Triple Flag's market value can be influenced by many factors that don't directly affect Triple Flag's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Triple Flag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Flag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Flag'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.