True North Commercial Stock Price on November 19, 2024
| TNT-UN Stock | CAD 11.21 0.23 2.01% |
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 11.21, as last reported on the 27th of November, with the highest price reaching 11.37 and the lowest price hitting 11.14 during the day.
If you're considering investing in True Stock, it is important to understand the factors that can impact its price. At this point, True North is somewhat reliable. True North Commercial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0525, which indicates the firm had a 0.0525% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for True North Commercial, which you can use to evaluate the volatility of the company. Please validate True North's Coefficient Of Variation of 872.98, semi deviation of 2.6, and Risk Adjusted Performance of 0.0953 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
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 27, 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.
200 Day MA 9.9546 | 50 Day MA 12.4522 | Beta 1.579 |
True |
Sharpe Ratio = 0.0525
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Estimated Market Risk
| 3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average True North is performing at about 4% 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 0.3747 | Enterprise Value Ebitda 44.008 | Price Sales 1.2831 | Shares Float 12.8 M | Wall Street Target Price 11.75 |
True North Valuation on November 19, 2024
It is possible to determine the worth of True North on a given historical date. On November 19, 2024 True was worth 11.28 at the beginning of the trading date compared to the closed value of 11.33. 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 | |
| 11.42 | 11.89 | 11.42 | 11.42 | 16,711 | |
11/19/2024 | 11.28 | 11.47 | 11.27 | 11.33 | 30,567 |
| 11.29 | 11.29 | 11.01 | 11.11 | 55,435 |
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True North Trading Date Momentum on November 19, 2024
| On November 20 2024 True North Commercial was traded for 11.11 at the closing time. The highest price during the trading period was 11.29 and the lowest recorded bid was listed for 11.01 . The volume for the day was 55.4 K. This history from November 20, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.94% . The trading price change to the current price is 0.97% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16.4 M | 23.6 M | |
| Net Income Applicable To Common Shares | 19 M | 27.8 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.
Price Boundaries
True North Period Price Range
Low | November 27, 2024
| 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 27, 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.
| Risk Adjusted Performance | 0.0953 | |||
| Jensen Alpha | 0.3561 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0936 | |||
| Treynor Ratio | 2.65 |
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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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