Tamarack Valley Energy Stock Price on November 4, 2024
| TNEYF Stock | USD 3.14 0.01 0.32% |
If you're considering investing in Tamarack Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Tamarack Valley stands at 3.14, as last reported on the 1st of December, with the highest price reaching 3.14 and the lowest price hitting 3.14 during the day. At this point, Tamarack Valley is relatively risky. Tamarack Valley Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0848, which indicates the firm had a 0.0848% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tamarack Valley Energy, which you can use to evaluate the volatility of the company. Please validate Tamarack Valley's Semi Deviation of 2.3, risk adjusted performance of 0.0501, and Coefficient Of Variation of 1763.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Tamarack Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Tamarack |
Sharpe Ratio = 0.0848
| Best Portfolio | Best Equity | |||
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| Small Returns | TNEYF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Tamarack Valley is performing at about 6% of its full potential. 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 Tamarack Valley by adding it to a well-diversified portfolio.
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Tamarack Valley Valuation on November 4, 2024
It is possible to determine the worth of Tamarack Valley on a given historical date. On November 4, 2024 Tamarack was worth 3.06 at the beginning of the trading date compared to the closed value of 3.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tamarack Valley pink sheet. Still, in general, we apply an absolute valuation method to find Tamarack Valley'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 Tamarack Valley where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tamarack Valley's related companies.
| Open | High | Low | Close | Volume | |
| 3.07 | 3.10 | 3.01 | 3.05 | 553,088 | |
11/04/2024 | 3.06 | 3.23 | 3.06 | 3.18 | 58,689 |
| 3.20 | 3.23 | 3.19 | 3.20 | 78,937 |
| Backtest Tamarack Valley | | | Tamarack Valley History | | | Tamarack Valley Valuation | Previous | Next |
Tamarack Valley Trading Date Momentum on November 4, 2024
| On November 05 2024 Tamarack Valley Energy was traded for 3.20 at the closing time. The highest daily price throughout the period was 3.23 and the lowest price was 3.19 . The daily volume was 78.9 K. The net trading volume on 11/05/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 0.63% . The trading price change to current closing price is 2.83% . |
Tamarack Valley Energy Fundamentals Correlations and Trends
By evaluating Tamarack Valley'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 Tamarack Valley's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tamarack financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tamarack Valley Pink Sheet history
Tamarack Valley 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 Tamarack is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tamarack Valley Energy 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 Tamarack Valley stock prices may prove useful in developing a viable investing in Tamarack Valley
Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Tamarack Valley Energy Ltd. was incorporated in 2002 and is headquartered in Calgary, Canada. Tamarack Valley operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 74 people.
Tamarack Valley Pink Sheet Technical Analysis
Tamarack Valley technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Tamarack Valley Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Tamarack Valley Energy cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Tamarack Valley December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Tamarack Valley pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tamarack Valley shares will generate the highest return on investment. By undertsting and applying Tamarack Valley pink sheet market strength indicators, traders can identify Tamarack Valley Energy entry and exit signals to maximize returns
Tamarack Valley Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tamarack Valley's price direction in advance. Along with the technical and fundamental analysis of Tamarack Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tamarack 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 | 0.0501 | |||
| Jensen Alpha | 0.0957 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.6042 |
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| Volume Indicators |
Complementary Tools for Tamarack Pink Sheet analysis
When running Tamarack Valley's price analysis, check to measure Tamarack Valley'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 Tamarack Valley is operating at the current time. Most of Tamarack Valley's value examination focuses on studying past and present price action to predict the probability of Tamarack Valley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tamarack Valley's price. Additionally, you may evaluate how the addition of Tamarack Valley to your portfolios can decrease your overall portfolio volatility.
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