Tree Island Steel Stock Price on October 31, 2024
| TWIRF Stock | USD 2.05 0.02 0.97% |
If you're considering investing in Tree Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Tree Island stands at 2.05, as last reported on the 25th of November, with the highest price reaching 2.05 and the lowest price hitting 2.05 during the day. At this point, Tree Island is unstable. Tree Island Steel owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0064, which indicates the firm had a 0.0064% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tree Island Steel, which you can use to evaluate the volatility of the company. Please validate Tree Island's Risk Adjusted Performance of 0.0168, semi deviation of 1.71, and Coefficient Of Variation of 7280.5 to confirm if the risk estimate we provide is consistent with the expected return of 0.0132%.
Tree Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Tree |
Sharpe Ratio = 0.0064
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| Negative Returns | TWIRF |
Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tree Island 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 Tree Island by adding Tree Island to a well-diversified portfolio.
Tree Island Valuation on October 31, 2024
It is possible to determine the worth of Tree Island on a given historical date. On October 31, 2024 Tree was worth 2.09 at the beginning of the trading date compared to the closed value of 2.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tree Island pink sheet. Still, in general, we apply an absolute valuation method to find Tree Island'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 Tree Island where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tree Island's related companies.
| Open | High | Low | Close | Volume | |
| 2.09 | 2.09 | 2.09 | 2.09 | 1.00 | |
10/31/2024 | 2.09 | 2.09 | 2.09 | 2.09 | 1.00 |
| 2.09 | 2.09 | 2.09 | 2.09 | 1.00 |
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Tree Island Trading Date Momentum on October 31, 2024
| On November 01 2024 Tree Island Steel was traded for 2.09 at the closing time. The highest daily price throughout the period was 2.09 and the lowest price was 2.09 . There was no trading activity during the period 1.0. Lack of trading volume on 11/01/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.48% . |
Tree Island Steel Fundamentals Correlations and Trends
By evaluating Tree Island'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 Tree Island's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tree financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tree Island Pink Sheet history
Tree Island 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 Tree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tree Island Steel 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 Tree Island stock prices may prove useful in developing a viable investing in Tree Island
Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products for industrial, construction, agricultural, and specialty applications in Canada, the United States, and internationally. Tree Island Steel Ltd. was founded in 1964 and is headquartered in Richmond, Canada. Tree Island operates under Steel classification in the United States and is traded on OTC Exchange. It employs 480 people.
Tree Island Pink Sheet Technical Analysis
Tree Island 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
Tree Island Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Tree Island Steel cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Tree Island November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Tree Island 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 Tree Island shares will generate the highest return on investment. By undertsting and applying Tree Island pink sheet market strength indicators, traders can identify Tree Island Steel entry and exit signals to maximize returns
Tree Island Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tree Island's price direction in advance. Along with the technical and fundamental analysis of Tree Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tree 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 | 0.0168 | |||
| Jensen Alpha | 0.0878 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.03) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tree Pink Sheet analysis
When running Tree Island's price analysis, check to measure Tree Island'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 Tree Island is operating at the current time. Most of Tree Island's value examination focuses on studying past and present price action to predict the probability of Tree Island's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tree Island's price. Additionally, you may evaluate how the addition of Tree Island to your portfolios can decrease your overall portfolio volatility.
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