Trican Well Service Stock Buy Hold or Sell Recommendation
| TCW Stock | CAD 4.99 0.16 3.31% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Trican Well Service is 'Strong Sell'. The recommendation algorithm takes into account all of Trican Well's available fundamental, technical, and predictive indicators you will find on this site.
Check out Trican Well Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Trican and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Trican Well Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Trican |
Execute Trican Well Buy or Sell Advice
The Trican recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Trican Well Service. Macroaxis does not own or have any residual interests in Trican Well Service or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Trican Well's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Trican Well Trading Alerts and Improvement Suggestions
| Trican Well Service generated a negative expected return over the last 90 days | |
| Trican Well Service is unlikely to experience financial distress in the next 2 years |
Trican Well Returns Distribution Density
The distribution of Trican Well's historical returns is an attempt to chart the uncertainty of Trican Well's future price movements. The chart of the probability distribution of Trican Well daily returns describes the distribution of returns around its average expected value. We use Trican Well Service price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Trican Well returns is essential to provide solid investment advice for Trican Well.
| Mean Return | -0.03 | Value At Risk | -3.39 | Potential Upside | 3.04 | Standard Deviation | 2.03 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Trican Well historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Trican Well Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.0M) | 15.4M | 6.9M | 28.6M | 30.6M | 32.2M | |
| Free Cash Flow | (4.6M) | 58.0M | 20.2M | 48.6M | 169.2M | 177.6M | |
| Depreciation | 124.1M | 111.4M | 87.8M | 80.2M | 77.2M | 85.6M | |
| Other Non Cash Items | (1.8M) | 171.5M | 524K | (1.0M) | (340K) | (323K) | |
| Capital Expenditures | 33.2M | 12.8M | 53.9M | 103.6M | 79.3M | 108.3M | |
| Net Income | (71.4M) | (233.3M) | 12.1M | 79.2M | 121.0M | 127.1M | |
| End Period Cash Flow | 7.2M | 22.6M | 29.5M | 58.1M | 88.8M | 93.2M | |
| Change To Inventory | 6.3M | 8.0M | 2.6M | (5.6M) | 3.1M | 3.3M | |
| Net Borrowings | 2.0M | (51.2M) | (3.3M) | 26.7M | 30.7M | 32.3M | |
| Change To Netincome | (23.7M) | 143.6M | (2.6M) | 28.8M | 26.0M | 24.7M | |
| Investments | 2.6M | 13.3M | (39.4M) | (85.8M) | (90.1M) | (85.6M) |
Trican Well Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Trican Well or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Trican Well's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Trican stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 2.10 | |
Ir | Information ratio | -0.06 |
Trican Well Volatility Alert
Trican Well Service exhibits very low volatility with skewness of 0.01 and kurtosis of 0.82. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Trican Well's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Trican Well's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Trican Well Fundamentals Vs Peers
Comparing Trican Well's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Trican Well's direct or indirect competition across all of the common fundamentals between Trican Well and the related equities. This way, we can detect undervalued stocks with similar characteristics as Trican Well or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Trican Well's fundamental indicators could also be used in its relative valuation, which is a method of valuing Trican Well by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Trican Well to competition |
| Fundamentals | Trican Well | Peer Average |
| Return On Equity | 0.22 | -0.31 |
| Return On Asset | 0.14 | -0.14 |
| Profit Margin | 0.12 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 952.72 M | 16.62 B |
| Shares Outstanding | 191.97 M | 571.82 M |
| Shares Owned By Insiders | 0.62 % | 10.09 % |
| Shares Owned By Institutions | 31.71 % | 39.21 % |
| Number Of Shares Shorted | 4.66 M | 4.71 M |
| Price To Earning | 25.47 X | 28.72 X |
| Price To Book | 1.91 X | 9.51 X |
| Price To Sales | 0.97 X | 11.42 X |
| Revenue | 972.68 M | 9.43 B |
| Gross Profit | 227.1 M | 27.38 B |
| EBITDA | 238.97 M | 3.9 B |
| Net Income | 121.01 M | 570.98 M |
| Cash And Equivalents | 26.43 M | 2.7 B |
| Cash Per Share | 0.10 X | 5.01 X |
| Total Debt | 18.14 M | 5.32 B |
| Debt To Equity | 0.03 % | 48.70 % |
| Current Ratio | 3.23 X | 2.16 X |
| Book Value Per Share | 2.52 X | 1.93 K |
| Cash Flow From Operations | 248.46 M | 971.22 M |
| Short Ratio | 7.09 X | 4.00 X |
| Earnings Per Share | 0.54 X | 3.12 X |
| Price To Earnings To Growth | 0.87 X | 4.89 X |
| Target Price | 5.69 | |
| Number Of Employees | 1.2 K | 18.84 K |
| Beta | 1.71 | -0.15 |
| Market Capitalization | 927.2 M | 19.03 B |
| Total Asset | 710.44 M | 29.47 B |
| Retained Earnings | (319.35 M) | 9.33 B |
| Working Capital | 153.19 M | 1.48 B |
Trican Well Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Trican . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Trican Well Buy or Sell Advice
When is the right time to buy or sell Trican Well Service? Buying financial instruments such as Trican Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Trican Stock
Trican Well financial ratios help investors to determine whether Trican 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 Trican with respect to the benefits of owning Trican Well security.