Toromont Industries Stock Price on June 12, 2023
| TIH Stock | CAD 111.56 0.44 0.39% |
Below is the normalized historical share price chart for Toromont Industries extending back to March 17, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Toromont Industries stands at 111.56, as last reported on the 11th of December 2024, with the highest price reaching 112.27 and the lowest price hitting 110.89 during the day.
If you're considering investing in Toromont Stock, it is important to understand the factors that can impact its price. Toromont Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Toromont Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Toromont Industries' Variance of 1.2, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,019) to confirm the risk estimate we provide.
At this time, Toromont Industries' Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 4.8 B, while Common Stock Shares Outstanding is likely to drop about 77.1 M. . At this time, Toromont Industries' Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price To Free Cash Flows Ratio is likely to grow to 40.80, while Price Earnings Ratio is likely to drop 10.52. Toromont Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 124.2302 | 50 Day MA 122.7658 | Beta 0.691 |
Toromont |
Sharpe Ratio = -0.1583
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| Negative Returns | TIH |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Toromont Industries 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 Toromont Industries by adding Toromont Industries to a well-diversified portfolio.
Price Book 3.1526 | Enterprise Value Ebitda 9.9455 | Price Sales 1.849 | Shares Float 81.8 M | Dividend Share 1.87 |
Toromont Industries Valuation on June 12, 2023
It is possible to determine the worth of Toromont Industries on a given historical date. On June 12, 2023 Toromont was worth 102.83 at the beginning of the trading date compared to the closed value of 103.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Toromont Industries stock. Still, in general, we apply an absolute valuation method to find Toromont Industries' 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 Toromont Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Toromont Industries' related companies.
| Open | High | Low | Close | Volume | |
| 104.77 | 105.15 | 102.74 | 102.83 | 59,800 | |
06/12/2023 | 102.83 | 103.81 | 102.33 | 103.56 | 103,276 |
| 103.56 | 104.80 | 103.50 | 104.48 | 46,499 |
| Backtest Toromont Industries | | | Toromont Industries History | | | Toromont Industries Valuation | Previous | Next |
Toromont Industries Trading Date Momentum on June 12, 2023
| On June 13 2023 Toromont Industries was traded for 104.48 at the closing time. The maximum traded price for the trading interval was 104.80 and the lowest daily price was 103.50 . The daily volume was recorded at 46.5 K. The volume of trading on 13th of June 2023 played a part in the next trading day price boost. The trading price change to the next closing price was 0.89% . The trading price change to the closing price today is 0.64% . |
Toromont Industries Fundamentals Correlations and Trends
By evaluating Toromont Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Toromont Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Toromont financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Toromont Industries Stock history
Toromont Industries 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 Toromont is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Toromont Industries 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 Toromont Industries stock prices may prove useful in developing a viable investing in Toromont Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 82.9 M | 77.1 M | |
| Net Income Applicable To Common Shares | 522.3 M | 548.4 M |
Toromont Industries Quarterly Net Working Capital |
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Toromont Industries Stock Technical Analysis
Toromont Industries 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.
Price Boundaries
Toromont Industries Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Toromont Industries cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Toromont Industries December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Toromont Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Toromont Industries shares will generate the highest return on investment. By undertsting and applying Toromont Industries stock market strength indicators, traders can identify Toromont Industries entry and exit signals to maximize returns
Toromont Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Toromont Industries' price direction in advance. Along with the technical and fundamental analysis of Toromont Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Toromont 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.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.93) |
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Other Information on Investing in Toromont Stock
Toromont Industries financial ratios help investors to determine whether Toromont Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Toromont with respect to the benefits of owning Toromont Industries security.