Trican Well Service Stock Price on July 4, 2023
| TCW Stock | CAD 4.82 0.01 0.21% |
Below is the normalized historical share price chart for Trican Well Service extending back to December 11, 1996. 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 Trican Well stands at 4.82, as last reported on the 11th of December 2024, with the highest price reaching 4.83 and the lowest price hitting 4.77 during the day.
If you're considering investing in Trican Stock, it is important to understand the factors that can impact its price. As of now, Trican Stock is slightly risky. Trican Well Service owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.047, which indicates the firm had a 0.047% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Trican Well Service, which you can use to evaluate the volatility of the company. Please validate Trican Well's Coefficient Of Variation of 2696.79, risk adjusted performance of 0.0332, and Semi Deviation of 1.91 to confirm if the risk estimate we provide is consistent with the expected return of 0.0937%.
At this time, Trican Well's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 985.9 M, while Common Stock Shares Outstanding is likely to drop about 170.3 M. . At this time, Trican Well's Price Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Fair Value is likely to grow to 2.46, while Price To Operating Cash Flows Ratio is likely to drop 3.42. Trican Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 4.5897 | 50 Day MA 4.712 | Beta 1.707 |
Trican |
Sharpe Ratio = 0.047
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Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Trican Well is performing at about 3% 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 Trican Well by adding it to a well-diversified portfolio.
Price Book 1.9088 | Enterprise Value Ebitda 4.1866 | Price Sales 0.9636 | Shares Float 190.1 M | Dividend Share 0.175 |
Trican Well Valuation on July 4, 2023
It is possible to determine the worth of Trican Well on a given historical date. On July 4, 2023 Trican was worth 3.35 at the beginning of the trading date compared to the closed value of 3.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trican Well stock. Still, in general, we apply an absolute valuation method to find Trican Well'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 Trican Well where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trican Well's related companies.
| Open | High | Low | Close | Volume | |
| 3.33 | 3.42 | 3.30 | 3.35 | 400,925 | |
07/04/2023 | 3.35 | 3.41 | 3.35 | 3.39 | 283,965 |
| 3.40 | 3.43 | 3.35 | 3.39 | 381,775 |
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Trican Well Trading Date Momentum on July 4, 2023
| On July 05 2023 Trican Well Service was traded for 3.39 at the closing time. The maximum traded price for the trading interval was 3.43 and the lowest daily price was 3.35 . The daily volume was recorded at 381.8 K. The volume of trading on 5th of July 2023 did not result in any price rise and fall. The trading price change to the closing price today is 4.42% . |
Trican Well Service Fundamentals Correlations and Trends
By evaluating Trican Well'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 Trican Well's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trican financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trican Well Stock history
Trican Well 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 Trican is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trican Well Service 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 Trican Well stock prices may prove useful in developing a viable investing in Trican Well
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 221.5 M | 170.3 M | |
| Net Income Applicable To Common Shares | 91.1 M | 95.7 M |
Trican Well Quarterly Net Working Capital |
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Trican Well Stock Technical Analysis
Trican Well 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
Trican Well Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Trican Well Service 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.
Trican Well December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Trican Well stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trican Well shares will generate the highest return on investment. By undertsting and applying Trican Well stock market strength indicators, traders can identify Trican Well Service entry and exit signals to maximize returns
Trican Well Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trican Well's price direction in advance. Along with the technical and fundamental analysis of Trican Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trican 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 | 0.0332 | |||
| Jensen Alpha | 0.0601 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 1.85 |
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Other Information on Investing in Trican Stock
Trican Well financial ratios help investors to determine whether Trican 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 Trican with respect to the benefits of owning Trican Well security.