Trican Well Service Stock Price on December 11, 2024
| TOLWF Stock | USD 3.48 0.01 0.29% |
If you're considering investing in Trican Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Trican Well stands at 3.48, as last reported on the 13th of December 2024, with the highest price reaching 3.48 and the lowest price hitting 3.42 during the day. At this point, Trican Well is moderately volatile. Trican Well Service owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0276, which indicates the firm had a 0.0276% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Trican Well Service, which you can use to evaluate the volatility of the company. Please validate Trican Well's Coefficient Of Variation of 3013.84, semi deviation of 1.91, and Risk Adjusted Performance of 0.0307 to confirm if the risk estimate we provide is consistent with the expected return of 0.0605%.
Trican Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Trican |
Sharpe Ratio = 0.0276
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| Cash | Small Risk | TOLWF | High Risk | Huge Risk |
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Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Trican Well is performing at about 2% 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 Trican Well by adding it to a well-diversified portfolio.
Trican Well Valuation on December 11, 2024
It is possible to determine the worth of Trican Well on a given historical date. On December 11, 2024 Trican was worth 3.45 at the beginning of the trading date compared to the closed value of 3.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trican Well pink sheet. Still, in general, we apply an absolute valuation method to find Trican Well'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 Trican Well where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trican Well's related companies.
| Open | High | Low | Close | Volume | |
| 3.41 | 3.41 | 3.41 | 3.41 | 910.00 | |
12/11/2024 | 3.45 | 3.50 | 3.45 | 3.49 | 10,110 |
| 3.42 | 3.48 | 3.42 | 3.48 | 11,465 |
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Trican Well Trading Date Momentum on December 11, 2024
| On December 12 2024 Trican Well Service was traded for 3.48 at the closing time. The highest daily price throughout the period was 3.48 and the lowest price was 3.42 . The daily volume was 11.5 K. The net trading volume on 12/12/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.29% . The trading price change to current closing price is 2.01% . |
Trican Well Service Fundamentals Correlations and Trends
By evaluating Trican Well'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 Trican Well's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trican financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trican Well Pink Sheet history
Trican Well 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 Trican is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trican Well Service 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 Trican Well stock prices may prove useful in developing a viable investing in Trican Well
Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada. TRICAN WELL operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 1032 people.
Trican Well Pink Sheet Technical Analysis
Trican Well 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
Trican Well Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Trican Well Service 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.
Trican Well December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Trican Well 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 Trican Well shares will generate the highest return on investment. By undertsting and applying Trican Well pink sheet market strength indicators, traders can identify Trican Well Service entry and exit signals to maximize returns
Trican Well Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trican Well's price direction in advance. Along with the technical and fundamental analysis of Trican Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trican 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 | 0.0307 | |||
| Jensen Alpha | 0.0896 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.22) |
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Complementary Tools for Trican Pink Sheet analysis
When running Trican Well's price analysis, check to measure Trican Well'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 Trican Well is operating at the current time. Most of Trican Well's value examination focuses on studying past and present price action to predict the probability of Trican Well's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trican Well's price. Additionally, you may evaluate how the addition of Trican Well to your portfolios can decrease your overall portfolio volatility.
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