Topicus Stock Price on March 20, 2024

TOI Stock  CAD 118.33  0.03  0.03%   
If you're considering investing in Topicus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Topicus stands at 118.33, as last reported on the 11th of December 2024, with the highest price reaching 118.50 and the lowest price hitting 117.00 during the day. Topicus owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Topicus exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Topicus' Variance of 2.06, coefficient of variation of (730.98), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
  
Total Stockholder Equity is likely to climb to about 356.1 M in 2024, whereas Other Stockholder Equity is likely to drop (219.2 K) in 2024. . At this time, Topicus' Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 15.71 in 2024, whereas Price To Sales Ratio is likely to drop 4.22 in 2024. Topicus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1275

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Estimated Market Risk

 1.46
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Topicus 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 Topicus by adding Topicus to a well-diversified portfolio.
Price Book
24.4205
Enterprise Value Ebitda
19.7506
Price Sales
7.9274
Shares Float
40.6 M
Wall Street Target Price
124.7445

Topicus Valuation on March 20, 2024

It is possible to determine the worth of Topicus on a given historical date. On March 20, 2024 Topicus was worth 117.6 at the beginning of the trading date compared to the closed value of 117.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Topicus stock. Still, in general, we apply an absolute valuation method to find Topicus' 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 Topicus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Topicus' related companies.
 Open High Low Close Volume
  118.06    119.73    117.75    117.75    29,200  
03/20/2024
  117.60    118.00    116.66    117.75    22,000  
  117.01    119.74    117.01    117.75    12,100  
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Open Value
117.6
113.21
Downside
117.75
Closing Value
121.99
Upside

Topicus Trading Date Momentum on March 20, 2024

On March 21 2024 Topicus was traded for  117.75  at the closing time. The highest daily price throughout the period was 119.74  and the lowest price was  117.01 . The daily volume was 12.1 K. The net trading volume on 03/21/2024 did not result in any price rise and fall. The trading price change to current closing price is 2.01% .

Topicus Fundamentals Correlations and Trends

By evaluating Topicus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Topicus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Topicus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Topicus Stock history

Topicus 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 Topicus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Topicus 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 Topicus stock prices may prove useful in developing a viable investing in Topicus
Last ReportedProjected for Next Year
Common Stock Shares Outstanding94.2 M62.3 M
Net Income Applicable To Common Shares47.6 M50 M

Topicus Stock Technical Analysis

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

Topicus Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

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Topicus 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.

Topicus December 11, 2024 Market Strength

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

Topicus Technical and Predictive Indicators

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

Additional Tools for Topicus Stock Analysis

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