Tamarack Valley Energy Stock Price on September 3, 2024
| TVE Stock | CAD 4.40 0.07 1.57% |
Below is the normalized historical share price chart for Tamarack Valley Energy extending back to June 13, 2002. 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 Tamarack Valley stands at 4.40, as last reported on the 27th of November, with the highest price reaching 4.46 and the lowest price hitting 4.36 during the day.
If you're considering investing in Tamarack Stock, it is important to understand the factors that can impact its price. As of now, Tamarack Stock is moderately volatile. Tamarack Valley Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0679, which indicates the firm had a 0.0679% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tamarack Valley Energy, which you can use to evaluate the volatility of the company. Please validate Tamarack Valley's Semi Deviation of 2.45, coefficient of variation of 1488.77, and Risk Adjusted Performance of 0.0582 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
At this time, Tamarack Valley's Total Stockholder Equity is very stable compared to the past year. As of the 27th of November 2024, Common Stock Shares Outstanding is likely to grow to about 588 M, while Common Stock Total Equity is likely to drop about 607 M. . At this time, Tamarack Valley's Price Fair Value is very stable compared to the past year. Tamarack Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.8392 | 50 Day MA 4.1538 | Beta 2.465 |
Tamarack |
Sharpe Ratio = 0.0679
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tamarack Valley 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 Tamarack Valley by adding it to a well-diversified portfolio.
Price Book 1.0845 | Enterprise Value Ebitda 3.2289 | Price Sales 1.665 | Shares Float 522.3 M | Dividend Share 0.15 |
Tamarack Valley Valuation on September 3, 2024
It is possible to determine the worth of Tamarack Valley on a given historical date. On September 3, 2024 Tamarack was worth 3.87 at the beginning of the trading date compared to the closed value of 3.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tamarack Valley stock. Still, in general, we apply an absolute valuation method to find Tamarack Valley'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 Tamarack Valley where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tamarack Valley's related companies.
| Open | High | Low | Close | Volume | |
| 3.99 | 4.02 | 3.90 | 3.95 | 1,609,629 | |
09/03/2024 | 3.87 | 3.88 | 3.72 | 3.81 | 2,538,695 |
| 3.81 | 3.84 | 3.73 | 3.74 | 2,558,120 |
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Tamarack Valley Trading Date Momentum on September 3, 2024
| On September 04 2024 Tamarack Valley Energy was traded for 3.74 at the closing time. The maximum traded price for the trading interval was 3.84 and the lowest daily price was 3.73 . The daily volume was recorded at 2.6 M. The volume of trading on 4th of September 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.84% . The trading price change to the closing price today is 0.79% . |
Tamarack Valley Energy Fundamentals Correlations and Trends
By evaluating Tamarack Valley'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 Tamarack Valley's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tamarack financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tamarack Valley Stock history
Tamarack Valley 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 Tamarack is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tamarack Valley Energy 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 Tamarack Valley stock prices may prove useful in developing a viable investing in Tamarack Valley
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 560 M | 588 M | |
| Net Income Applicable To Common Shares | 397 M | 416.8 M |
Tamarack Valley Stock Technical Analysis
Tamarack Valley 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
Tamarack Valley Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Tamarack Valley Energy 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.
Tamarack Valley November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Tamarack Valley stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tamarack Valley shares will generate the highest return on investment. By undertsting and applying Tamarack Valley stock market strength indicators, traders can identify Tamarack Valley Energy entry and exit signals to maximize returns
Tamarack Valley Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tamarack Valley's price direction in advance. Along with the technical and fundamental analysis of Tamarack Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tamarack 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 | 0.0582 | |||
| Jensen Alpha | 0.1392 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0113 | |||
| Treynor Ratio | 1.44 |
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Other Information on Investing in Tamarack Stock
Tamarack Valley financial ratios help investors to determine whether Tamarack Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tamarack with respect to the benefits of owning Tamarack Valley security.