Touchstone Exploration Stock Price on May 11, 2023
| TXP Stock | CAD 0.40 0.01 2.44% |
If you're considering investing in Touchstone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Touchstone Exploration stands at 0.40, as last reported on the 11th of December 2024, with the highest price reaching 0.41 and the lowest price hitting 0.40 during the day. Touchstone Exploration owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Touchstone Exploration exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Touchstone Exploration's Variance of 18.31, coefficient of variation of (839.43), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
Touchstone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Touchstone |
Sharpe Ratio = -0.1191
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Estimated Market Risk
| 4.28 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Touchstone Exploration 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 Touchstone Exploration by adding Touchstone Exploration to a well-diversified portfolio.
Touchstone Exploration Valuation on May 11, 2023
It is possible to determine the worth of Touchstone Exploration on a given historical date. On May 11, 2023 Touchstone was worth 1.0 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Touchstone Exploration stock. Still, in general, we apply an absolute valuation method to find Touchstone Exploration'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 Touchstone Exploration where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Touchstone Exploration's related companies.
| Open | High | Low | Close | Volume | |
| 1.01 | 1.05 | 1.01 | 1.01 | 8,976 | |
05/11/2023 | 1.00 | 1.01 | 1.00 | 1.00 | 28,925 |
| 0.99 | 1.01 | 0.99 | 1.01 | 45,722 |
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Touchstone Exploration Trading Date Momentum on May 11, 2023
| On May 12 2023 Touchstone Exploration was traded for 1.01 at the closing time. The maximum traded price for the trading interval was 1.01 and the lowest daily price was 0.99 . The daily volume was recorded at 45.7 K. The volume of trading on 12th of May 2023 played a part in the next trading day price boost. The trading price change to the next closing price was 1.00% . The trading price change to the closing price today is 1.00% . |
Touchstone Exploration Fundamentals Correlations and Trends
By evaluating Touchstone Exploration'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 Touchstone Exploration's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Touchstone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Touchstone Exploration Stock history
Touchstone Exploration 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 Touchstone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Touchstone Exploration 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 Touchstone Exploration stock prices may prove useful in developing a viable investing in Touchstone Exploration
Touchstone Exploration Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas properties in the Republic of Trinidad and Tobago. Touchstone Exploration Inc. is headquartered in Calgary, Canada. TOUCHSTONE EXPLORATION operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 91 people.
Touchstone Exploration Stock Technical Analysis
Touchstone Exploration 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
Touchstone Exploration Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Touchstone Exploration 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.
Touchstone Exploration December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Touchstone Exploration stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Touchstone Exploration shares will generate the highest return on investment. By undertsting and applying Touchstone Exploration stock market strength indicators, traders can identify Touchstone Exploration entry and exit signals to maximize returns
Touchstone Exploration Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Touchstone Exploration's price direction in advance. Along with the technical and fundamental analysis of Touchstone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Touchstone 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 | (0.08) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.20) | |||
| Treynor Ratio | (1.02) |
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Other Information on Investing in Touchstone Stock
Touchstone Exploration financial ratios help investors to determine whether Touchstone 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 Touchstone with respect to the benefits of owning Touchstone Exploration security.