Tamarack Valley Energy Stock Buy Hold or Sell Recommendation
| TVE Stock | CAD 4.47 0.14 3.04% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Tamarack Valley Energy is 'Strong Hold'. The recommendation algorithm takes into account all of Tamarack Valley's available fundamental, technical, and predictive indicators you will find on this site.
Check out Tamarack Valley 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 Tamarack and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Tamarack Valley 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 board of governors.
Tamarack |
Execute Tamarack Valley Buy or Sell Advice
The Tamarack recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tamarack Valley Energy. Macroaxis does not own or have any residual interests in Tamarack Valley Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tamarack Valley's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Tamarack Valley Trading Alerts and Improvement Suggestions
| Tamarack Valley Energy has accumulated 922.6 M in total debt with debt to equity ratio (D/E) of 0.17, which may suggest the company is not taking enough advantage from borrowing. Tamarack Valley Energy has a current ratio of 0.86, 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 Tamarack Valley until it has trouble settling it off, either with new capital or with free cash flow. So, Tamarack Valley'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 Tamarack Valley Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tamarack to invest in growth at high rates of return. When we think about Tamarack Valley's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Analysts Set Tamarack Valley Energy Ltd Target Price at C5.23 - MarketBeat |
Tamarack Valley Returns Distribution Density
The distribution of Tamarack Valley's historical returns is an attempt to chart the uncertainty of Tamarack Valley's future price movements. The chart of the probability distribution of Tamarack Valley daily returns describes the distribution of returns around its average expected value. We use Tamarack Valley Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tamarack Valley returns is essential to provide solid investment advice for Tamarack Valley.
| Mean Return | 0.22 | Value At Risk | -3.54 | Potential Upside | 3.16 | Standard Deviation | 2.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tamarack Valley 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.
Tamarack Valley Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Free Cash Flow | 16.3M | 21.7M | (349.5M) | (606.5M) | 115.2M | 120.9M | |
| Depreciation | 259.1M | 515.0M | (193.1M) | 377.7M | 639.1M | 671.1M | |
| Capital Expenditures | 188.9M | 103.5M | 647.4M | 1.4B | 516.5M | 542.3M | |
| Net Income | (39.0M) | (311.4M) | 390.5M | 345.2M | 94.2M | 98.9M | |
| Other Non Cash Items | 921K | (2.6M) | (4.9M) | (38.1M) | 74.7M | 78.5M | |
| Net Borrowings | 31.5M | 14.4M | 224.4M | 410.7M | 472.3M | 495.9M | |
| Change To Netincome | 15.9M | (91.9M) | 109.9M | 54.9M | 63.1M | 66.3M | |
| Investments | (202.6M) | (181.6M) | (581.1M) | (1.3B) | (378.0M) | (396.9M) |
Tamarack Valley 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 Tamarack Valley 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 Tamarack Valley'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 Tamarack 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 | 0.20 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 2.42 | |
Ir | Information ratio | 0.04 |
Tamarack Valley Volatility Alert
Tamarack Valley Energy currently demonstrates below-average downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of 0.2. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tamarack Valley'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 Tamarack Valley'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.Tamarack Valley Fundamentals Vs Peers
Comparing Tamarack Valley'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 Tamarack Valley's direct or indirect competition across all of the common fundamentals between Tamarack Valley and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tamarack Valley or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tamarack Valley's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tamarack Valley by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tamarack Valley to competition |
| Fundamentals | Tamarack Valley | Peer Average |
| Return On Equity | 0.0985 | -0.31 |
| Return On Asset | 0.0687 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.42 % | (5.51) % |
| Current Valuation | 3.21 B | 16.62 B |
| Shares Outstanding | 530.98 M | 571.82 M |
| Shares Owned By Insiders | 1.31 % | 10.09 % |
| Shares Owned By Institutions | 27.10 % | 39.21 % |
| Number Of Shares Shorted | 7.16 M | 4.71 M |
| Price To Earning | 7.29 X | 28.72 X |
| Price To Book | 1.12 X | 9.51 X |
| Price To Sales | 1.69 X | 11.42 X |
| Revenue | 1.41 B | 9.43 B |
| Gross Profit | 941.44 M | 27.38 B |
| EBITDA | 994.09 M | 3.9 B |
| Net Income | 94.2 M | 570.98 M |
| Cash And Equivalents | 97.51 M | 2.7 B |
| Cash Per Share | 0.22 X | 5.01 X |
| Total Debt | 922.6 M | 5.32 B |
| Debt To Equity | 0.17 % | 48.70 % |
| Current Ratio | 0.88 X | 2.16 X |
| Book Value Per Share | 4.10 X | 1.93 K |
| Cash Flow From Operations | 631.63 M | 971.22 M |
| Short Ratio | 1.96 X | 4.00 X |
| Earnings Per Share | 0.38 X | 3.12 X |
| Target Price | 5.5 | |
| Number Of Employees | 110 | 18.84 K |
| Beta | 2.47 | -0.15 |
| Market Capitalization | 2.37 B | 19.03 B |
| Total Asset | 4.21 B | 29.47 B |
| Retained Earnings | 269.64 M | 9.33 B |
| Working Capital | (180.21 M) | 1.48 B |
| Current Asset | 29.08 M | 9.34 B |
Tamarack Valley Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tamarack . 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 Tamarack Valley Buy or Sell Advice
When is the right time to buy or sell Tamarack Valley Energy? Buying financial instruments such as Tamarack 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.
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Other Information on Investing in Tamarack Stock
Tamarack Valley financial ratios help investors to determine whether Tamarack 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 Tamarack with respect to the benefits of owning Tamarack Valley security.