Tourmaline Oil Corp Stock Price on August 2, 2024
| TOU Stock | CAD 62.56 1.31 2.14% |
Below is the normalized historical share price chart for Tourmaline Oil Corp extending back to November 23, 2010. 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 Tourmaline Oil stands at 62.56, as last reported on the 24th of December, with the highest price reaching 62.85 and the lowest price hitting 60.84 during the day.
If you're considering investing in Tourmaline Stock, it is important to understand the factors that can impact its price. As of now, Tourmaline Stock is very steady. Tourmaline Oil Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0624, which indicates the firm had a 0.0624% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tourmaline Oil Corp, which you can use to evaluate the volatility of the company. Please validate Tourmaline Oil's Coefficient Of Variation of 1264.2, semi deviation of 1.5, and Risk Adjusted Performance of 0.0681 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Tourmaline Oil's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 24th of December 2024, Stock Based Compensation is likely to grow to about 52.8 M, while Total Stockholder Equity is likely to drop about 7.2 B. . At this time, Tourmaline Oil's Price Fair Value is very stable compared to the past year. Tourmaline Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 63.1298 | 50 Day MA 63.8184 | Beta 1.282 |
Tourmaline |
Sharpe Ratio = 0.0624
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Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Tourmaline Oil is performing at about 4% 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 Tourmaline Oil by adding it to a well-diversified portfolio.
Price Book 1.6108 | Enterprise Value Ebitda 6.3866 | Price Sales 5.1871 | Shares Float 352.9 M | Dividend Share 1.25 |
Tourmaline Oil Valuation on August 2, 2024
It is possible to determine the worth of Tourmaline Oil on a given historical date. On August 2, 2024 Tourmaline was worth 56.1 at the beginning of the trading date compared to the closed value of 55.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tourmaline Oil stock. Still, in general, we apply an absolute valuation method to find Tourmaline Oil'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 Tourmaline Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tourmaline Oil's related companies.
| Open | High | Low | Close | Volume | |
| 58.84 | 58.84 | 55.82 | 57.05 | 3,196,000 | |
08/02/2024 | 56.10 | 56.55 | 54.51 | 55.33 | 7,238,600 |
| 54.04 | 55.51 | 53.75 | 55.12 | 13,518,400 |
| Backtest Tourmaline Oil | | | Tourmaline Oil History | | | Tourmaline Oil Valuation | Previous | Next |
Tourmaline Oil Trading Date Momentum on August 2, 2024
| On August 06 2024 Tourmaline Oil Corp was traded for 55.12 at the closing time. The maximum traded price for the trading interval was 55.51 and the lowest daily price was 53.75 . The daily volume was recorded at 13.5 M. The volume of trading on 6th of August 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.38% . The trading price change to the closing price today is 3.74% . |
Tourmaline Oil Corp Fundamentals Correlations and Trends
By evaluating Tourmaline Oil'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 Tourmaline Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tourmaline financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tourmaline Oil Stock history
Tourmaline Oil 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 Tourmaline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tourmaline Oil Corp 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 Tourmaline Oil stock prices may prove useful in developing a viable investing in Tourmaline Oil
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 345.4 M | 252.3 M | |
| Net Income Applicable To Common Shares | 5.2 B | 5.4 B |
Tourmaline Oil Stock Technical Analysis
Tourmaline Oil 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
Tourmaline Oil Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Tourmaline Oil Corp 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.
Tourmaline Oil December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Tourmaline Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tourmaline Oil shares will generate the highest return on investment. By undertsting and applying Tourmaline Oil stock market strength indicators, traders can identify Tourmaline Oil Corp entry and exit signals to maximize returns
Tourmaline Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tourmaline Oil's price direction in advance. Along with the technical and fundamental analysis of Tourmaline Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tourmaline 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 | 0.0681 | |||
| Jensen Alpha | 0.1306 | |||
| Total Risk Alpha | 0.0762 | |||
| Sortino Ratio | 0.064 | |||
| Treynor Ratio | (0.76) |
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Other Information on Investing in Tourmaline Stock
Tourmaline Oil financial ratios help investors to determine whether Tourmaline 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 Tourmaline with respect to the benefits of owning Tourmaline Oil security.