Tag Oil Stock Price on October 21, 2024
| TAO Stock | CAD 0.17 0.01 6.25% |
Below is the normalized historical share price chart for TAG Oil extending back to July 18, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TAG Oil stands at 0.17, as last reported on the 30th of November, with the highest price reaching 0.18 and the lowest price hitting 0.16 during the day.
If you're considering investing in TAG Stock, it is important to understand the factors that can impact its price. TAG Oil owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the company had a -0.13% return per unit of volatility over the last 3 months. TAG Oil exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TAG Oil's Risk Adjusted Performance of (0.10), market risk adjusted performance of (2.08), and Standard Deviation of 5.84 to confirm the risk estimate we provide.
At this time, TAG Oil's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 23 M in 2024, whereas Common Stock is likely to drop slightly above 188.8 M in 2024. . At this time, TAG Oil's Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to climb to 94.70 in 2024, whereas Price Earnings Ratio is likely to drop (10.03) in 2024. TAG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.3717 | 50 Day MA 0.2112 | Beta (0.05) |
TAG |
Sharpe Ratio = -0.1349
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| Negative Returns | TAO |
Estimated Market Risk
| 5.96 actual daily | 53 53% of assets are less volatile |
Expected Return
| -0.8 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TAG Oil is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TAG Oil by adding TAG Oil to a well-diversified portfolio.
Price Book 0.7017 | Enterprise Value Ebitda (17.90) | Price Sales 66.3459 | Shares Float 136.5 M | Wall Street Target Price 1.1 |
TAG Oil Valuation on October 21, 2024
It is possible to determine the worth of TAG Oil on a given historical date. On October 21, 2024 TAG was worth 0.26 at the beginning of the trading date compared to the closed value of 0.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TAG Oil stock. Still, in general, we apply an absolute valuation method to find TAG Oil's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TAG Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TAG Oil's related companies.
| Open | High | Low | Close | Volume | |
| 0.26 | 0.27 | 0.25 | 0.26 | 186,808 | |
10/21/2024 | 0.26 | 0.27 | 0.26 | 0.26 | 89,600 |
| 0.21 | 0.21 | 0.18 | 0.18 | 3,811,050 |
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TAG Oil Trading Date Momentum on October 21, 2024
| On October 22 2024 TAG Oil was traded for 0.18 at the closing time. The highest daily price throughout the period was 0.21 and the lowest price was 0.18 . The daily volume was 3.8 M. The net trading volume on 10/22/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 30.77% . The trading price change to current closing price is 46.15% . |
TAG Oil Fundamentals Correlations and Trends
By evaluating TAG Oil's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TAG Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TAG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TAG Oil Stock history
TAG Oil investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TAG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TAG Oil will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TAG Oil stock prices may prove useful in developing a viable investing in TAG Oil
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 179 M | 106.9 M | |
| Net Loss | -2.8 M | -2.9 M |
TAG Oil Quarterly Net Working Capital |
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TAG Oil Stock Technical Analysis
TAG Oil technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
TAG Oil Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
TAG Oil cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
TAG Oil November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how TAG Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TAG Oil shares will generate the highest return on investment. By undertsting and applying TAG Oil stock market strength indicators, traders can identify TAG Oil entry and exit signals to maximize returns
TAG Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TAG Oil's price direction in advance. Along with the technical and fundamental analysis of TAG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TAG to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | (1.84) | |||
| Treynor Ratio | (2.09) |
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Additional Tools for TAG Stock Analysis
When running TAG Oil's price analysis, check to measure TAG Oil's 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 TAG Oil is operating at the current time. Most of TAG Oil's value examination focuses on studying past and present price action to predict the probability of TAG Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TAG Oil's price. Additionally, you may evaluate how the addition of TAG Oil to your portfolios can decrease your overall portfolio volatility.