Taranis Resources Stock Buy Hold or Sell Recommendation
| TRO Stock | CAD 0.29 0.02 7.41% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Taranis Resources is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Taranis Resources given historical horizon and risk tolerance towards Taranis Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Taranis Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Taranis Resources 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 Taranis and provide practical buy, sell, or hold advice based on investors' constraints. Taranis Resources. 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.
Taranis |
Execute Taranis Resources Buy or Sell Advice
The Taranis recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Taranis Resources. Macroaxis does not own or have any residual interests in Taranis Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Taranis Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Taranis Resources Trading Alerts and Improvement Suggestions
| Taranis Resources is way too risky over 90 days horizon | |
| Taranis Resources has some characteristics of a very speculative penny stock | |
| Taranis Resources appears to be risky and price may revert if volatility continues | |
| Taranis Resources has high likelihood to experience some financial distress in the next 2 years | |
| Taranis Resources has accumulated 100 K in total debt with debt to equity ratio (D/E) of 8.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Taranis Resources has a current ratio of 0.33, 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 Taranis Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Taranis Resources' 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 Taranis Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taranis to invest in growth at high rates of return. When we think about Taranis Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (464.52 K) with loss before overhead, payroll, taxes, and interest of (40.23 K). | |
| Taranis Resources has accumulated about 215.26 K in cash with (285.9 K) of positive cash flow from operations. | |
| Roughly 51.0% of Taranis Resources outstanding shares are owned by corporate insiders |
Taranis Resources Returns Distribution Density
The distribution of Taranis Resources' historical returns is an attempt to chart the uncertainty of Taranis Resources' future price movements. The chart of the probability distribution of Taranis Resources daily returns describes the distribution of returns around its average expected value. We use Taranis Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Taranis Resources returns is essential to provide solid investment advice for Taranis Resources.
| Mean Return | 0.60 | Value At Risk | -10.2 | Potential Upside | 17.39 | Standard Deviation | 8.02 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Taranis Resources 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.
Taranis Resources 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 Taranis Resources or Metals & Mining 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 Taranis Resources' 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 Taranis 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 | 0.47 | |
β | Beta against Dow Jones | 0.96 | |
σ | Overall volatility | 8.02 | |
Ir | Information ratio | 0.06 |
Taranis Resources Volatility Alert
Taranis Resources is displaying above-average volatility over the selected time horizon. Taranis Resources is a potential penny stock. Although Taranis Resources may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Taranis Resources. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Taranis instrument if you perfectly time your entry and exit. However, remember that penny stocks 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.Taranis Resources Fundamentals Vs Peers
Comparing Taranis Resources' 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 Taranis Resources' direct or indirect competition across all of the common fundamentals between Taranis Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Taranis Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Taranis Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Taranis Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Taranis Resources to competition |
| Fundamentals | Taranis Resources | Peer Average |
| Return On Equity | -0.024 | -0.31 |
| Return On Asset | -0.0332 | -0.14 |
| Current Valuation | 27.88 M | 16.62 B |
| Shares Outstanding | 100.08 M | 571.82 M |
| Shares Owned By Insiders | 51.40 % | 10.09 % |
| Number Of Shares Shorted | 5.29 K | 4.71 M |
| Price To Earning | (10.50) X | 28.72 X |
| Price To Book | 3.83 X | 9.51 X |
| Gross Profit | (40.23 K) | 27.38 B |
| EBITDA | (192.39 K) | 3.9 B |
| Net Income | (464.52 K) | 570.98 M |
| Cash And Equivalents | 215.26 K | 2.7 B |
| Total Debt | 100 K | 5.32 B |
| Debt To Equity | 8.20 % | 48.70 % |
| Current Ratio | 0.34 X | 2.16 X |
| Book Value Per Share | 0.07 X | 1.93 K |
| Cash Flow From Operations | (285.9 K) | 971.22 M |
| Short Ratio | 0.19 X | 4.00 X |
| Earnings Per Share | (0.01) X | 3.12 X |
| Number Of Employees | 3 | 18.84 K |
| Beta | 0.27 | -0.15 |
| Market Capitalization | 29.02 M | 19.03 B |
| Total Asset | 7.53 M | 29.47 B |
| Retained Earnings | (8.04 M) | 9.33 B |
| Working Capital | (61.84 K) | 1.48 B |
| Net Asset | 7.53 M |
Taranis Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Taranis . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 0.29 | |||
| Day Typical Price | 0.29 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 52.21 |
About Taranis Resources Buy or Sell Advice
When is the right time to buy or sell Taranis Resources? Buying financial instruments such as Taranis 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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Additional Tools for Taranis Stock Analysis
When running Taranis Resources' price analysis, check to measure Taranis Resources' 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 Taranis Resources is operating at the current time. Most of Taranis Resources' value examination focuses on studying past and present price action to predict the probability of Taranis Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taranis Resources' price. Additionally, you may evaluate how the addition of Taranis Resources to your portfolios can decrease your overall portfolio volatility.