True North Energy Stock Buy Hold or Sell Recommendation
| TNEN Stock | USD 0.0001 0.00 0.00% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding True North Energy is 'Hold'. The recommendation algorithm takes into account all of True North's available fundamental, technical, and predictive indicators you will find on this site.
Check out True North 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 True and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards True North Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
True |
Execute True North Buy or Sell Advice
The True recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on True North Energy. Macroaxis does not own or have any residual interests in True North Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute True North's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
True North Trading Alerts and Improvement Suggestions
| True North Energy generated a negative expected return over the last 90 days | |
| True North Energy has some characteristics of a very speculative penny stock | |
| True North Energy currently holds 3.34 M in liabilities with Debt to Equity (D/E) ratio of 4.11, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. True North Energy has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist True North until it has trouble settling it off, either with new capital or with free cash flow. So, True North's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like True North Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for True to invest in growth at high rates of return. When we think about True North's use of debt, we should always consider it together with cash and equity. | |
| True North Energy currently holds about 163.91 K in cash with (31.46 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
True North 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 True North or Energy 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 True North's price will be affected by overall pink sheet 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 True pink sheet'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 | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
True North Volatility Alert
At this time True North Energy exhibits very low volatility. True North Energy appears to be a penny stock. Although True North Energy may be, in fact, a solid short-term or long term investment, many penny pink sheets are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in True North Energy or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on True instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.True North Fundamentals Vs Peers
Comparing True North'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 True North's direct or indirect competition across all of the common fundamentals between True North and the related equities. This way, we can detect undervalued stocks with similar characteristics as True North or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of True North's fundamental indicators could also be used in its relative valuation, which is a method of valuing True North by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare True North to competition |
| Fundamentals | True North | Peer Average |
| Return On Equity | -1.37 | -0.31 |
| Return On Asset | -0.0782 | -0.14 |
| Profit Margin | (1.30) % | (1.27) % |
| Operating Margin | (0.45) % | (5.51) % |
| Current Valuation | 912.45 K | 16.62 B |
| Price To Book | 1.46 X | 9.51 X |
| Price To Sales | 0.45 X | 11.42 X |
| Revenue | 151 | 9.43 B |
| Gross Profit | 692.31 K | 27.38 B |
| EBITDA | 164.66 K | 3.9 B |
| Net Income | 154.96 K | 570.98 M |
| Cash And Equivalents | 163.91 K | 2.7 B |
| Cash Per Share | 1.11 X | 5.01 X |
| Total Debt | 3.34 M | 5.32 B |
| Debt To Equity | 4.11 % | 48.70 % |
| Current Ratio | 0.21 X | 2.16 X |
| Book Value Per Share | 5.66 X | 1.93 K |
| Cash Flow From Operations | (31.46 K) | 971.22 M |
| Earnings Per Share | (16.94) X | 3.12 X |
| Number Of Employees | 2 | 18.84 K |
| Beta | 1.84 | -0.15 |
| Market Capitalization | 823.43 K | 19.03 B |
| Total Asset | 21.05 K | 29.47 B |
| Retained Earnings | (27.79 M) | 9.33 B |
| Working Capital | (3.51 M) | 1.48 B |
| Current Asset | 24 K | 9.34 B |
| Current Liabilities | 3.53 M | 7.9 B |
| Net Asset | 21.05 K |
True North Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as True . 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.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
About True North Buy or Sell Advice
When is the right time to buy or sell True North Energy? Buying financial instruments such as True Pink Sheet 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.
Use Investing Ideas to Build Portfolios
In addition to having True North in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies making housewares accessories and providing houseware services. The Housewares theme has 39 constituents at this time.
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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.