What was Triple Flag stock price on 05/21/2024 | TFPM.TO - Macroaxis

Triple Flag Precious Stock Price on May 21, 2024

TFPM Stock   21.86  0.28  1.26%   
If you're considering investing in Triple Stock, it is important to understand the factors that can impact its price. As of today, the current price of Triple Flag stands at 21.86, as last reported on the 22nd of December, with the highest price reaching 22.36 and the lowest price hitting 21.85 during the day. Triple Flag Precious owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0196, which indicates the firm had a -0.0196% return per unit of risk over the last 3 months. Triple Flag Precious exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Triple Flag's Variance of 3.21, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,537) to confirm the risk estimate we provide.
  
As of the 22nd of December 2024, Total Stockholder Equity is likely to grow to about 1.9 B, while Common Stock Shares Outstanding is likely to drop about 152.9 M. . At this time, Triple Flag's Price Sales Ratio is very stable compared to the past year. As of the 22nd of December 2024, Price Fair Value is likely to grow to 1.54, though Price Earnings To Growth Ratio is likely to grow to (1.48). Triple Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0196

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Estimated Market Risk

 1.8
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Triple Flag 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 Triple Flag by adding Triple Flag to a well-diversified portfolio.
Price Book
1.7998
Enterprise Value Ebitda
72.5077
Price Sales
17.8622
Shares Float
63.2 M
Dividend Share
0.213

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Triple Flag Valuation on May 21, 2024

It is possible to determine the worth of Triple Flag on a given historical date. On May 21, 2024 Triple was worth 23.81 at the beginning of the trading date compared to the closed value of 24.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Triple Flag stock. Still, in general, we apply an absolute valuation method to find Triple Flag'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 Triple Flag where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Triple Flag's related companies.
 Open High Low Close Volume
  22.84    23.65    22.83    23.48    158,100  
05/21/2024
  23.81    24.22    23.70    24.18    217,800  
  24.18    24.23    23.55    23.63    90,900  
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Open Value
23.81
24.18
Closing Value
29.20
Upside

Triple Flag Trading Date Momentum on May 21, 2024

On May 22 2024 Triple Flag Precious was traded for  23.63  at the closing time. The highest price during the trading period was 24.23  and the lowest recorded bid was listed for  23.55 . The volume for the day was 90.9 K. This history from May 22, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.27% . The trading price change to the current price is 7.78% .
JavaScript chart by amCharts 3.21.1505/21/2024May 13May 15May 17May 19May 21May 23May 25May 27May 29May 3122.523.023.524.0

Triple Flag Precious Fundamentals Correlations and Trends

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

About Triple Flag Stock history

Triple Flag 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 Triple is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Triple Flag Precious 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 Triple Flag stock prices may prove useful in developing a viable investing in Triple Flag
Last ReportedProjected for Next Year
Common Stock Shares Outstanding199.5 M152.9 M
Net Income Applicable To Common Shares63.3 M66.5 M

Triple Flag Quarterly Net Working Capital

43.37 Million

Triple Flag Stock Technical Analysis

Triple Flag 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 Triple Flag technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Triple Flag 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

Triple Flag Period Price Range

Low
December 22, 2024
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Triple Flag Precious 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.

Triple Flag December 22, 2024 Market Strength

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

Triple Flag Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Triple Flag's price direction in advance. Along with the technical and fundamental analysis of Triple Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Triple 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.
When determining whether Triple Flag Precious is a strong investment it is important to analyze Triple Flag's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Triple Flag's future performance. For an informed investment choice regarding Triple Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Flag Precious. 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.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Please note, there is a significant difference between Triple Flag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Flag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Flag's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.