Taiga Building Products Stock Price on November 25, 2024

TBL Stock  CAD 3.75  0.03  0.81%   
Below is the normalized historical share price chart for Taiga Building Products extending back to May 04, 2006. 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 Taiga Building stands at 3.75, as last reported on the 30th of November, with the highest price reaching 3.84 and the lowest price hitting 3.72 during the day.
200 Day MA
3.5607
50 Day MA
3.7862
Beta
0.753
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Taiga Stock, it is important to understand the factors that can impact its price. As of now, Taiga Stock is slightly risky. Taiga Building Products owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0139, which indicates the firm had a 0.0139% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Taiga Building Products, which you can use to evaluate the volatility of the company. Please validate Taiga Building's Variance of 3.78, coefficient of variation of (7,748), and insignificant Risk Adjusted Performance to confirm if the risk estimate we provide is consistent with the expected return of 0.0269%.
  
At this time, Taiga Building's Total Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Common Stock Total Equity is likely to grow to about 149.8 M, while Liabilities And Stockholders Equity is likely to drop about 374.7 M. . At this time, Taiga Building's Price Sales Ratio is very stable compared to the past year. As of the 30th of November 2024, Price Fair Value is likely to grow to 0.81, while Price Earnings Ratio is likely to drop 4.75. Taiga Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0139

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Estimated Market Risk

 1.93
  actual daily
17
83% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average Taiga Building is performing at about 1% of its full potential. 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 Taiga Building by adding it to a well-diversified portfolio.
Price Book
0.9212
Enterprise Value Ebitda
3.9517
Price Sales
0.251
Shares Float
30.1 M
Earnings Share
0.47

Taiga Building Valuation on November 25, 2024

It is possible to determine the worth of Taiga Building on a given historical date. On November 25, 2024 Taiga was worth 3.78 at the beginning of the trading date compared to the closed value of 3.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taiga Building stock. Still, in general, we apply an absolute valuation method to find Taiga Building'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 Taiga Building where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taiga Building's related companies.
 Open High Low Close Volume
  3.85    3.85    3.78    3.84    26,001  
11/25/2024
  3.78    3.79    3.77    3.79    2,928  
  3.81    3.82    3.75    3.82    2,275  
Backtest Taiga Building  |  Taiga Building History  |  Taiga Building Valuation   PreviousNext  
Open Value
3.78
3.79
Closing Value
9.58
Upside

Taiga Building Trading Date Momentum on November 25, 2024

On November 26 2024 Taiga Building Products was traded for  3.82  at the closing time. The maximum traded price for the trading interval was 3.82  and the lowest daily price was  3.75 . The daily volume was recorded at 2.3 K. The volume of trading on 26th of November 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 0.79% . The trading price change to the closing price today is 1.85% .

Taiga Building Products Fundamentals Correlations and Trends

By evaluating Taiga Building'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 Taiga Building's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taiga financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Taiga Building Stock history

Taiga Building 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 Taiga is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taiga Building Products 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 Taiga Building stock prices may prove useful in developing a viable investing in Taiga Building
Last ReportedProjected for Next Year
Common Stock Shares Outstanding107.5 M112.9 M
Net Income Applicable To Common Shares101.9 M107 M

Taiga Building Quarterly Net Working Capital

365.85 Million

Taiga Building Stock Technical Analysis

Taiga Building 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.
A focus of Taiga Building technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Taiga Building trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Taiga Building Period Price Range

Low
November 30, 2024
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High

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Taiga Building Products cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Taiga Building November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Taiga Building stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taiga Building shares will generate the highest return on investment. By undertsting and applying Taiga Building stock market strength indicators, traders can identify Taiga Building Products entry and exit signals to maximize returns

Taiga Building Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Taiga Building's price direction in advance. Along with the technical and fundamental analysis of Taiga Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taiga 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.

Other Information on Investing in Taiga Stock

Taiga Building financial ratios help investors to determine whether Taiga 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 Taiga with respect to the benefits of owning Taiga Building security.