Tourmaline Oil Corp Stock Buy Hold or Sell Recommendation
| TRMLF Stock | USD 46.68 0.43 0.91% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Tourmaline Oil Corp is 'Hold'. Macroaxis provides Tourmaline Oil buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TRMLF positions.
Check out Tourmaline Oil 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. Note, we conduct extensive research on individual companies such as Tourmaline and provide practical buy, sell, or hold advice based on investors' constraints. Tourmaline Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Tourmaline |
Execute Tourmaline Oil Buy or Sell Advice
The Tourmaline recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tourmaline Oil Corp. Macroaxis does not own or have any residual interests in Tourmaline Oil Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tourmaline Oil's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Tourmaline Oil Trading Alerts and Improvement Suggestions
| Tourmaline Oil Corp has accumulated 869.57 M in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Tourmaline Oil Corp has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tourmaline Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Tourmaline Oil'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 Tourmaline Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tourmaline to invest in growth at high rates of return. When we think about Tourmaline Oil's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of Tourmaline Oil shares are owned by institutional investors |
Tourmaline Oil Returns Distribution Density
The distribution of Tourmaline Oil's historical returns is an attempt to chart the uncertainty of Tourmaline Oil's future price movements. The chart of the probability distribution of Tourmaline Oil daily returns describes the distribution of returns around its average expected value. We use Tourmaline Oil Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tourmaline Oil returns is essential to provide solid investment advice for Tourmaline Oil.
| Mean Return | 0.04 | Value At Risk | -2.84 | Potential Upside | 2.45 | Standard Deviation | 1.74 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tourmaline Oil 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.
Tourmaline Oil 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 Tourmaline Oil or Oil, Gas & Consumable Fuels 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 Tourmaline Oil'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 Tourmaline 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 | -0.03 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 1.77 | |
Ir | Information ratio | -0.05 |
Tourmaline Oil Volatility Alert
Tourmaline Oil Corp has relatively low volatility with skewness of 0.07 and kurtosis of -0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tourmaline Oil's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tourmaline Oil's pink sheet 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.Tourmaline Oil Fundamentals Vs Peers
Comparing Tourmaline Oil'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 Tourmaline Oil's direct or indirect competition across all of the common fundamentals between Tourmaline Oil and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tourmaline Oil or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Tourmaline Oil's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tourmaline Oil by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tourmaline Oil to competition |
| Fundamentals | Tourmaline Oil | Peer Average |
| Return On Equity | 0.44 | -0.31 |
| Return On Asset | 0.25 | -0.14 |
| Profit Margin | 0.79 % | (1.27) % |
| Operating Margin | 1.01 % | (5.51) % |
| Current Valuation | 18.56 B | 16.62 B |
| Shares Outstanding | 338.02 M | 571.82 M |
| Shares Owned By Insiders | 5.47 % | 10.09 % |
| Shares Owned By Institutions | 56.01 % | 39.21 % |
| Price To Earning | 31.49 X | 28.72 X |
| Price To Book | 1.73 X | 9.51 X |
| Price To Sales | 2.63 X | 11.42 X |
| Revenue | 5.12 B | 9.43 B |
| Gross Profit | 3.43 B | 27.38 B |
| EBITDA | 3.41 B | 3.9 B |
| Net Income | 2.03 B | 570.98 M |
| Cash And Equivalents | 211.05 M | 2.7 B |
| Cash Per Share | 0.64 X | 5.01 X |
| Total Debt | 869.57 M | 5.32 B |
| Debt To Equity | 0.04 % | 48.70 % |
| Current Ratio | 0.62 X | 2.16 X |
| Book Value Per Share | 42.97 X | 1.93 K |
| Cash Flow From Operations | 2.85 B | 971.22 M |
| Earnings Per Share | 12.37 X | 3.12 X |
| Number Of Employees | 322 | 18.84 K |
| Beta | 1.59 | -0.15 |
| Market Capitalization | 15.51 B | 19.03 B |
| Total Asset | 15.29 B | 29.47 B |
| Z Score | 10.2 | 8.72 |
| Annual Yield | 0.02 % | |
| Net Asset | 15.29 B | |
| Last Dividend Paid | 0.83 |
Tourmaline Oil Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tourmaline . 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.
| Accumulation Distribution | 580.72 | |||
| Daily Balance Of Power | (0.83) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 46.84 | |||
| Day Typical Price | 46.79 | |||
| Price Action Indicator | (0.37) | |||
| Period Momentum Indicator | (0.43) | |||
| Relative Strength Index | 45.51 |
About Tourmaline Oil Buy or Sell Advice
When is the right time to buy or sell Tourmaline Oil Corp? Buying financial instruments such as Tourmaline 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.
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Other Information on Investing in Tourmaline Pink Sheet
Tourmaline Oil financial ratios help investors to determine whether Tourmaline 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 Tourmaline with respect to the benefits of owning Tourmaline Oil security.