Tinka Resources Limited Stock Price on September 26, 2024
| TK Stock | CAD 0.10 0.01 9.09% |
Below is the normalized historical share price chart for Tinka Resources Limited extending back to July 23, 2003. 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 Tinka Resources stands at 0.10, as last reported on the 30th of November, with the highest price reaching 0.10 and the lowest price hitting 0.10 during the day.
If you're considering investing in Tinka Stock, it is important to understand the factors that can impact its price. Tinka Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0535, which indicates the firm had a -0.0535% return per unit of risk over the last 3 months. Tinka Resources Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tinka Resources' Coefficient Of Variation of (2,139), variance of 16.92, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
At this time, Tinka Resources' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 472.5 M in 2024, whereas Common Stock is likely to drop slightly above 73.4 M in 2024. . At this time, Tinka Resources' Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 0.59 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (35.03). Tinka Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1218 | 50 Day MA 0.1088 | Beta 1.41 |
Tinka |
Sharpe Ratio = -0.0535
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| Negative Returns | TK |
Estimated Market Risk
| 3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tinka Resources 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 Tinka Resources by adding Tinka Resources to a well-diversified portfolio.
Price Book 0.4967 | Book Value 0.191 | Enterprise Value 34 M | Enterprise Value Ebitda (38.08) | Shares Float 163.3 M |
Tinka Resources Valuation on September 26, 2024
It is possible to determine the worth of Tinka Resources on a given historical date. On September 26, 2024 Tinka was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tinka Resources stock. Still, in general, we apply an absolute valuation method to find Tinka Resources' 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 Tinka Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tinka Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.11 | 0.11 | 0.11 | 0.11 | 28,000 | |
09/26/2024 | 0.11 | 0.11 | 0.11 | 0.11 | 26,322 |
| 0.11 | 0.11 | 0.11 | 0.11 | 5,800 |
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Tinka Resources Trading Date Momentum on September 26, 2024
| On September 27 2024 Tinka Resources Limited was traded for 0.11 at the closing time. The top price for the day was 0.11 and the lowest listed price was 0.11 . The trading volume for the day was 5.8 K. The trading history from September 27, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 9.09% . |
Tinka Resources Fundamentals Correlations and Trends
By evaluating Tinka Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tinka Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tinka financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tinka Resources Stock history
Tinka Resources 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 Tinka is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tinka Resources 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 Tinka Resources stock prices may prove useful in developing a viable investing in Tinka Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 450 M | 472.5 M | |
| Net Loss | -1.1 M | -1.1 M |
Tinka Resources Quarterly Net Working Capital |
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Tinka Resources Stock Technical Analysis
Tinka Resources 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
Tinka Resources Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Tinka Resources Limited 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.
Tinka Resources November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Tinka Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tinka Resources shares will generate the highest return on investment. By undertsting and applying Tinka Resources stock market strength indicators, traders can identify Tinka Resources Limited entry and exit signals to maximize returns
Tinka Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tinka Resources' price direction in advance. Along with the technical and fundamental analysis of Tinka Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tinka 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 | (0.03) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | 0.5784 |
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Additional Tools for Tinka Stock Analysis
When running Tinka Resources' price analysis, check to measure Tinka Resources' 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 Tinka Resources is operating at the current time. Most of Tinka Resources' value examination focuses on studying past and present price action to predict the probability of Tinka Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tinka Resources' price. Additionally, you may evaluate how the addition of Tinka Resources to your portfolios can decrease your overall portfolio volatility.