True North Commercial Stock Price on November 14, 2024

TNT-UN Stock  CAD 11.13  0.17  1.50%   
Below is the normalized historical share price chart for True North Commercial extending back to September 04, 2012. 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 True North stands at 11.13, as last reported on the 23rd of November, with the highest price reaching 11.41 and the lowest price hitting 11.06 during the day.
200 Day MA
9.9426
50 Day MA
12.4824
Beta
1.579
 
Yuan Drop
 
Covid
If you're considering investing in True Stock, it is important to understand the factors that can impact its price. True North appears to be somewhat reliable, given 3 months investment horizon. True North Commercial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0725, which indicates the firm had a 0.0725% return per unit of risk over the last 3 months. We have found thirty technical indicators for True North Commercial, which you can use to evaluate the volatility of the company. Please review True North's Risk Adjusted Performance of 0.085, coefficient of variation of 991.83, and Semi Deviation of 2.57 to confirm if our risk estimates are consistent with your expectations.
  
At present, True North's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 114.5 M, whereas Total Stockholder Equity is forecasted to decline to about 330.2 M. . As of November 23, 2024, Price To Sales Ratio is expected to decline to 1.19. In addition to that, Price Earnings Ratio is expected to decline to -4.27. True Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0725

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Estimated Market Risk

 3.35
  actual daily
29
71% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average True North is performing at about 5% 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 True North by adding it to a well-diversified portfolio.
Price Book
0.3645
Enterprise Value Ebitda
43.7971
Price Sales
1.2483
Shares Float
12.8 M
Wall Street Target Price
11.75

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True North Valuation on November 14, 2024

It is possible to determine the worth of True North on a given historical date. On November 14, 2024 True was worth 11.6 at the beginning of the trading date compared to the closed value of 11.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of True North stock. Still, in general, we apply an absolute valuation method to find True North'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 True North where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against True North's related companies.
 Open High Low Close Volume
  12.29    12.29    11.29    11.60    89,257  
11/14/2024
  11.60    11.68    10.97    11.18    70,246  
  11.10    11.58    10.92    11.55    41,597  
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Open Value
11.6
11.18
Closing Value
21.66
Upside

True North Trading Date Momentum on November 14, 2024

On November 15 2024 True North Commercial was traded for  11.55  at the closing time. The highest price during the trading period was 11.58  and the lowest recorded bid was listed for  10.92 . The volume for the day was 41.6 K. This history from November 15, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 3.31% . The trading price change to the current price is 2.06% .

True North Commercial Fundamentals Correlations and Trends

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

About True North Stock history

True North 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 True is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in True North Commercial 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 True North stock prices may prove useful in developing a viable investing in True North
Last ReportedProjected for Next Year
Common Stock Shares Outstanding16.4 M23.6 M
Net Income Applicable To Common Shares19 M27.8 M

True North Stock Technical Analysis

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

True North Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

True North Commercial 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.

True North November 23, 2024 Market Strength

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

True North Technical and Predictive Indicators

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

Complementary Tools for True Stock analysis

When running True North's price analysis, check to measure True North'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 True North is operating at the current time. Most of True North's value examination focuses on studying past and present price action to predict the probability of True North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True North's price. Additionally, you may evaluate how the addition of True North to your portfolios can decrease your overall portfolio volatility.
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