Transition Metals Corp Stock Price on March 1, 2024
| XTM Stock | CAD 0.06 0.01 21.43% |
Below is the normalized historical share price chart for Transition Metals Corp extending back to September 14, 2011. 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 Transition Metals stands at 0.06, as last reported on the 29th of November, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day.
If you're considering investing in Transition Stock, it is important to understand the factors that can impact its price. Transition Metals Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0186, which indicates the firm had a -0.0186% return per unit of risk over the last 3 months. Transition Metals Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transition Metals' Coefficient Of Variation of (21,670), variance of 66.04, and Risk Adjusted Performance of 0.0055 to confirm the risk estimate we provide.
At this time, Transition Metals' Total Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 80.3 K in 2024, whereas Common Stock is likely to drop slightly above 10.8 M in 2024. . At this time, Transition Metals' Price To Sales Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.04 in 2024, whereas Price Book Value Ratio is likely to drop 0.94 in 2024. Transition Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0648 | 50 Day MA 0.0647 | Beta 1.734 |
Transition |
Sharpe Ratio = -0.0186
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| Negative Returns | XTM |
Estimated Market Risk
| 8.34 actual daily | 74 74% of assets are less volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transition Metals 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 Transition Metals by adding Transition Metals to a well-diversified portfolio.
Price Book 1.5415 | Enterprise Value Ebitda (2.18) | Price Sales 96.0806 | Shares Float 63.3 M | Wall Street Target Price 0.27 |
Transition Metals Valuation on March 1, 2024
It is possible to determine the worth of Transition Metals on a given historical date. On March 1, 2024 Transition was worth 0.05 at the beginning of the trading date compared to the closed value of 0.055. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transition Metals stock. Still, in general, we apply an absolute valuation method to find Transition Metals' 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 Transition Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transition Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 31,000 | |
03/01/2024 | 0.05 | 0.06 | 0.05 | 0.06 | 27,000 |
| 0.05 | 0.05 | 0.04 | 0.04 | 24,800 |
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Transition Metals Trading Date Momentum on March 1, 2024
| On March 04 2024 Transition Metals Corp was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.05 and the lowest price was 0.04 . The daily volume was 24.8 K. The net trading volume on 03/04/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 18.18% . The trading price change to current closing price is 9.09% . |
Transition Metals Corp Fundamentals Correlations and Trends
By evaluating Transition Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Transition Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transition financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transition Metals Stock history
Transition Metals 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 Transition is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transition Metals 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 Transition Metals stock prices may prove useful in developing a viable investing in Transition Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 68.4 M | 50.6 M | |
| Net Loss | -5.2 M | -4.9 M |
Transition Metals Quarterly Net Working Capital |
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Transition Metals Stock Technical Analysis
Transition Metals 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
Transition Metals Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Transition Metals Corp 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.
Transition Metals November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Transition Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transition Metals shares will generate the highest return on investment. By undertsting and applying Transition Metals stock market strength indicators, traders can identify Transition Metals Corp entry and exit signals to maximize returns
Transition Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transition Metals' price direction in advance. Along with the technical and fundamental analysis of Transition Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transition 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 | 0.0055 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (1.27) | |||
| Treynor Ratio | 0.2308 |
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Additional Tools for Transition Stock Analysis
When running Transition Metals' price analysis, check to measure Transition Metals' 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 Transition Metals is operating at the current time. Most of Transition Metals' value examination focuses on studying past and present price action to predict the probability of Transition Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transition Metals' price. Additionally, you may evaluate how the addition of Transition Metals to your portfolios can decrease your overall portfolio volatility.