Topicus Stock Price on October 21, 2024
| TOI Stock | CAD 117.31 0.31 0.26% |
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 117.31, as last reported on the 27th of November, with the highest price reaching 118.47 and the lowest price hitting 117.31 during the day. Topicus owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% 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' Risk Adjusted Performance of (0.06), coefficient of variation of (1,182), and Variance of 1.77 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.
Topicus |
Sharpe Ratio = -0.1122
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TOI |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 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 24.2163 | Enterprise Value Ebitda 19.5898 | Price Sales 7.8403 | Shares Float 40.6 M | Wall Street Target Price 83.382 |
Topicus Valuation on October 21, 2024
It is possible to determine the worth of Topicus on a given historical date. On October 21, 2024 Topicus was worth 126.99 at the beginning of the trading date compared to the closed value of 126.1. 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 | |
| 128.09 | 128.91 | 126.70 | 127.12 | 16,537 | |
10/21/2024 | 126.99 | 127.12 | 126.10 | 126.10 | 16,700 |
| 125.93 | 129.00 | 125.93 | 127.26 | 41,003 |
| Backtest Topicus | | | Topicus History | | | Topicus Valuation | Previous | Next |
Topicus Trading Date Momentum on October 21, 2024
| On October 22 2024 Topicus was traded for 127.26 at the closing time. The highest daily price throughout the period was 129.00 and the lowest price was 125.93 . The daily volume was 41 K. The net trading volume on 10/22/2024 added to the next day price increase. The trading price change to closing price of the next trading day was 0.92% . The trading price change to current closing price is 3.97% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 94.2 M | 62.3 M | |
| Net Income Applicable To Common Shares | 47.6 M | 50 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.
Price Boundaries
Topicus Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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 November 27, 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.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.49) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.