Touchstone Exploration Financials
PBEGF Stock | USD 0.38 0.01 2.70% |
Touchstone |
Understanding current and past Touchstone Exploration Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Touchstone Exploration's financial statements are interrelated, with each one affecting the others. For example, an increase in Touchstone Exploration's assets may result in an increase in income on the income statement.
Touchstone Exploration Stock Summary
Touchstone Exploration competes with Altura Energy, Canacol Energy, Parex Resources, International Petroleum, and NuVista Energy. Touchstone Exploration Inc., an upstream oil and gas company, engages in the exploration, development, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Touchstone Exploration Inc. was incorporated in 2012 and is headquartered in Calgary, Canada. Touchstone Exploration operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 95 people.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
ISIN | CA89156L1085 |
Business Address | 350-7th Avenue SW, |
Sector | Oil, Gas & Consumable Fuels |
Industry | Energy |
Benchmark | Dow Jones Industrial |
Website | www.touchstoneexploration.com |
Phone | 403 750 4400 |
Currency | USD - US Dollar |
Touchstone Exploration Key Financial Ratios
There are many critical financial ratios that Touchstone Exploration's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Touchstone Exploration reports annually and quarterly.Return On Equity | 0.0817 | |||
Return On Asset | 0.0279 | |||
Number Of Employees | 95 | |||
Beta | 0.81 | |||
Z Score | 4.2 |
Touchstone Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Touchstone Exploration's current stock value. Our valuation model uses many indicators to compare Touchstone Exploration value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Touchstone Exploration competition to find correlations between indicators driving Touchstone Exploration's intrinsic value. More Info.Touchstone Exploration is rated below average in return on equity category among its peers. It is regarded fifth in return on asset category among its peers reporting about 0.34 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Touchstone Exploration is roughly 2.93 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Touchstone Exploration's earnings, one of the primary drivers of an investment's value.Touchstone Exploration Systematic Risk
Touchstone Exploration's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Touchstone Exploration volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Touchstone Exploration correlated with the market. If Beta is less than 0 Touchstone Exploration generally moves in the opposite direction as compared to the market. If Touchstone Exploration Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Touchstone Exploration is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Touchstone Exploration is generally in the same direction as the market. If Beta > 1 Touchstone Exploration moves generally in the same direction as, but more than the movement of the benchmark.
Touchstone Exploration November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Touchstone Exploration help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Touchstone Exploration. We use our internally-developed statistical techniques to arrive at the intrinsic value of Touchstone Exploration based on widely used predictive technical indicators. In general, we focus on analyzing Touchstone Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Touchstone Exploration's daily price indicators and compare them against related drivers.
Downside Deviation | 4.58 | |||
Information Ratio | (0.03) | |||
Maximum Drawdown | 17.45 | |||
Value At Risk | (5.00) | |||
Potential Upside | 5.13 |
Complementary Tools for Touchstone Pink Sheet analysis
When running Touchstone Exploration's price analysis, check to measure Touchstone Exploration'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 Touchstone Exploration is operating at the current time. Most of Touchstone Exploration's value examination focuses on studying past and present price action to predict the probability of Touchstone Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Touchstone Exploration's price. Additionally, you may evaluate how the addition of Touchstone Exploration to your portfolios can decrease your overall portfolio volatility.
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