Topaz Energy Corp Stock Price on January 3, 2023
| TPZEF Stock | USD 18.88 0.55 2.83% |
If you're considering investing in Topaz Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Topaz Energy stands at 18.88, as last reported on the 11th of December 2024, with the highest price reaching 19.30 and the lowest price hitting 18.88 during the day. At this point, Topaz Energy is very steady. Topaz Energy Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0259, which indicates the firm had a 0.0259% return per unit of risk over the last 3 months. We have found thirty technical indicators for Topaz Energy Corp, which you can use to evaluate the volatility of the company. Please validate Topaz Energy's Risk Adjusted Performance of 0.0319, semi deviation of 1.37, and Coefficient Of Variation of 2681.64 to confirm if the risk estimate we provide is consistent with the expected return of 0.0375%.
Topaz Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Topaz |
Sharpe Ratio = 0.0259
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Topaz Energy is performing at about 2% 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 Topaz Energy by adding it to a well-diversified portfolio.
Topaz Energy Valuation on January 3, 2023
It is possible to determine the worth of Topaz Energy on a given historical date. On January 3, 2023 Topaz was worth 13.87 at the beginning of the trading date compared to the closed value of 13.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Topaz Energy pink sheet. Still, in general, we apply an absolute valuation method to find Topaz Energy'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 Topaz Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Topaz Energy's related companies.
| Open | High | Low | Close | Volume | |
| 14.01 | 14.01 | 13.98 | 13.98 | 300.00 | |
01/03/2023 | 13.87 | 13.94 | 13.39 | 13.41 | 13,800 |
| 13.66 | 13.66 | 13.66 | 13.66 | 100.00 |
| Backtest Topaz Energy | | | Topaz Energy History | | | Topaz Energy Valuation | Previous | Next |
Topaz Energy Trading Date Momentum on January 3, 2023
| On January 04 2023 Topaz Energy Corp was traded for 13.66 at the closing time. The highest daily price throughout the period was 13.66 and the lowest price was 13.66 . The daily volume was 100.0. The net trading volume on 01/04/2023 added to the next day price rise. The trading price change to closing price of the next trading day was 1.86% . The trading price change to current closing price is 5.22% . |
Topaz Energy Corp Fundamentals Correlations and Trends
By evaluating Topaz Energy'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 Topaz Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Topaz financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Topaz Energy Pink Sheet history
Topaz Energy 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 Topaz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Topaz Energy Corp 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 Topaz Energy stock prices may prove useful in developing a viable investing in Topaz Energy
Topaz Energy Corp. operates as a royalty and energy infrastructure company. Topaz Energy Corp. was incorporated in 2006 and is headquartered in Calgary, Canada. TOPAZ ENERGY operates under Oil Gas Midstream classification in the United States and is traded on OTC Exchange. It employs 8 people.
Topaz Energy Pink Sheet Technical Analysis
Topaz Energy technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Topaz Energy Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Topaz Energy December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Topaz Energy pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Topaz Energy shares will generate the highest return on investment. By undertsting and applying Topaz Energy pink sheet market strength indicators, traders can identify Topaz Energy Corp entry and exit signals to maximize returns
Topaz Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Topaz Energy's price direction in advance. Along with the technical and fundamental analysis of Topaz Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Topaz 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 | 0.0319 | |||
| Jensen Alpha | 0.0015 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1186 |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Topaz Pink Sheet analysis
When running Topaz Energy's price analysis, check to measure Topaz Energy'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 Topaz Energy is operating at the current time. Most of Topaz Energy's value examination focuses on studying past and present price action to predict the probability of Topaz Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topaz Energy's price. Additionally, you may evaluate how the addition of Topaz Energy to your portfolios can decrease your overall portfolio volatility.
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