True North Financials
| TNEN Stock | USD 0.0001 0.00 0.00% |
True |
True North Stock Summary
True North competes with Saturn Oil, Sintana Energy, and Journey Energy. True North Energy Corp. acquires, explores, develops, and produces oil and gas properties in the United States. The company was incorporated in 2004 and is based in Spring, Texas. True North operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 2 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US89784T2006 |
| Business Address | 24624 I-45 North, |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Benchmark | Dow Jones Industrial |
| Website | www.tnencorp.com |
| Phone | 281 719 1996 |
| Currency | USD - US Dollar |
True North Key Financial Ratios
True North's financial ratios allow both analysts and investors to convert raw data from True North's financial statements into concise, actionable information that can be used to evaluate the performance of True North over time and compare it to other companies across industries.| Return On Equity | -1.37 | |||
| Return On Asset | -0.0782 | |||
| Revenue | 151 | |||
| Beta | 1.84 |
True Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining True North's current stock value. Our valuation model uses many indicators to compare True North value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across True North competition to find correlations between indicators driving True North's intrinsic value. More Info.True North Energy is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value True North by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for True North's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.True North Energy Systematic Risk
True North's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. True North 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on True North Energy correlated with the market. If Beta is less than 0 True North generally moves in the opposite direction as compared to the market. If True North Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one True North Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of True North is generally in the same direction as the market. If Beta > 1 True North moves generally in the same direction as, but more than the movement of the benchmark.
Other Information on Investing in True Pink Sheet
True North financial ratios help investors to determine whether True Pink Sheet 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 True with respect to the benefits of owning True North security.