Tres Or Resources Stock Price on June 6, 2024
| TRS Stock | CAD 0.08 0.00 0.00% |
Below is the normalized historical share price chart for Tres Or Resources extending back to August 08, 1996. 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 Tres Or stands at 0.08, as last reported on the 27th of December, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day.
If you're considering investing in Tres Stock, it is important to understand the factors that can impact its price. Tres Or appears to be out of control, given 3 months investment horizon. Tres Or Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Tres Or's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review Tres Or's Coefficient Of Variation of 584.25, variance of 23.33, and Risk Adjusted Performance of 0.1443 to confirm if our risk estimates are consistent with your expectations.
At this time, Tres Or's Total Stockholder Equity is fairly stable compared to the past year. Common Stock is likely to climb to about 18.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 19 M in 2024. . Tres Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0827 | 50 Day MA 0.0868 | Beta 1.239 |
Tres |
Sharpe Ratio = 0.1288
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Estimated Market Risk
| 4.33 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Tres Or is performing at about 10% 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 Tres Or by adding it to a well-diversified portfolio.
Price Book 0.9166 | Book Value 0.087 | Enterprise Value 2 M | Enterprise Value Ebitda 5.4949 | Shares Float 18.1 M |
Tres Or Valuation on June 6, 2024
It is possible to determine the worth of Tres Or on a given historical date. On June 6, 2024 Tres was worth 0.08 at the beginning of the trading date compared to the closed value of 0.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tres Or stock. Still, in general, we apply an absolute valuation method to find Tres Or'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 Tres Or where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tres Or's related companies.
| Open | High | Low | Close | Volume | |
| 0.08 | 0.08 | 0.08 | 0.08 | 1.00 | |
06/06/2024 | 0.08 | 0.08 | 0.08 | 0.08 | 1.00 |
| 0.08 | 0.08 | 0.08 | 0.08 | 18,000 |
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Tres Or Trading Date Momentum on June 6, 2024
| On June 07 2024 Tres Or Resources was traded for 0.08 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.08 . The daily volume was 18 K. The net trading volume on 06/07/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Tres Or Resources Fundamentals Correlations and Trends
By evaluating Tres Or'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 Tres Or's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tres financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tres Or Stock history
Tres Or 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 Tres is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tres Or Resources 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 Tres Or stock prices may prove useful in developing a viable investing in Tres Or
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.2 M | 19 M | |
| Net Loss | -466.3 K | -489.6 K |
Tres Or Stock Technical Analysis
Tres Or 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
Tres Or Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Tres Or Resources cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Tres Or December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Tres Or stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tres Or shares will generate the highest return on investment. By undertsting and applying Tres Or stock market strength indicators, traders can identify Tres Or Resources entry and exit signals to maximize returns
Tres Or Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tres Or's price direction in advance. Along with the technical and fundamental analysis of Tres Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tres 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 | 0.1443 | |||
| Jensen Alpha | 0.8149 | |||
| Total Risk Alpha | 0.5535 | |||
| Treynor Ratio | 19.82 |
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Additional Tools for Tres Stock Analysis
When running Tres Or's price analysis, check to measure Tres Or'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 Tres Or is operating at the current time. Most of Tres Or's value examination focuses on studying past and present price action to predict the probability of Tres Or's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tres Or's price. Additionally, you may evaluate how the addition of Tres Or to your portfolios can decrease your overall portfolio volatility.