Trican Well Service Stock Net Income
| TCW Stock | CAD 6.96 0.13 1.83% |
As of the 20th of February, Trican Well has the Coefficient Of Variation of 554.57, risk adjusted performance of 0.1446, and Semi Deviation of 1.97. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trican Well Service, as well as the relationship between them.
Trican Well Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 1.6162 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 98.5 M | 103.5 M | |
| Net Income From Continuing Ops | 125.9 M | 132.2 M | |
| Net Income Applicable To Common Shares | 125.9 M | 132.2 M | |
| Net Income Per Share | 0.58 | 0.61 | |
| Net Income Per E B T | 0.76 | 0.54 |
Trican | Net Income |
Evaluating Trican Well's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Trican Well Service's fundamental strength.
Latest Trican Well's Net Income Growth Pattern
Below is the plot of the Net Income of Trican Well Service over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Trican Well Service financial statement analysis. It represents the amount of money remaining after all of Trican Well Service operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Trican Well's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trican Well's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 109.48 M | 10 Years Trend |
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Net Income |
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Trican Net Income Regression Statistics
| Arithmetic Mean | (29,975,788) | |
| Coefficient Of Variation | (812.45) | |
| Mean Deviation | 147,740,948 | |
| Median | 12,058,000 | |
| Standard Deviation | 243,538,718 | |
| Sample Variance | 59311.1T | |
| Range | 1.2B | |
| R-Value | 0.14 | |
| Mean Square Error | 62108.9T | |
| R-Squared | 0.02 | |
| Significance | 0.60 | |
| Slope | 6,519,955 | |
| Total Sum of Squares | 948977.7T |
Trican Net Income History
Trican Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Trican Well is extremely important. It helps to project a fair market value of Trican Stock properly, considering its historical fundamentals such as Net Income. Since Trican Well's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Trican Well's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Trican Well's interrelated accounts and indicators.
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Trican Well 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Trican Well's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Trican Well.
| 11/22/2025 |
| 02/20/2026 |
If you would invest 0.00 in Trican Well on November 22, 2025 and sell it all today you would earn a total of 0.00 from holding Trican Well Service or generate 0.0% return on investment in Trican Well over 90 days. Trican Well is related to or competes with Pason Systems, Precision Drilling, Total Energy, North American, Mattr Corp, Tenaz Energy, and ShaMaran Petroleum. Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and... More
Trican Well Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Trican Well's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Trican Well Service upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | 0.1506 | |||
| Maximum Drawdown | 10.95 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 3.2 |
Trican Well Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trican Well's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trican Well's standard deviation. In reality, there are many statistical measures that can use Trican Well historical prices to predict the future Trican Well's volatility.| Risk Adjusted Performance | 0.1446 | |||
| Jensen Alpha | 0.3709 | |||
| Total Risk Alpha | 0.2261 | |||
| Sortino Ratio | 0.1395 | |||
| Treynor Ratio | 4.45 |
Trican Well February 20, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1446 | |||
| Market Risk Adjusted Performance | 4.46 | |||
| Mean Deviation | 1.62 | |||
| Semi Deviation | 1.97 | |||
| Downside Deviation | 2.31 | |||
| Coefficient Of Variation | 554.57 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.57 | |||
| Information Ratio | 0.1506 | |||
| Jensen Alpha | 0.3709 | |||
| Total Risk Alpha | 0.2261 | |||
| Sortino Ratio | 0.1395 | |||
| Treynor Ratio | 4.45 | |||
| Maximum Drawdown | 10.95 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 3.2 | |||
| Downside Variance | 5.32 | |||
| Semi Variance | 3.87 | |||
| Expected Short fall | (1.78) | |||
| Skewness | (0.42) | |||
| Kurtosis | 0.969 |
Trican Well Service Backtested Returns
Trican Well appears to be somewhat reliable, given 3 months investment horizon. Trican Well Service owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trican Well Service, which you can use to evaluate the volatility of the company. Please review Trican Well's Coefficient Of Variation of 554.57, semi deviation of 1.97, and Risk Adjusted Performance of 0.1446 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trican Well holds a performance score of 12. The entity has a beta of 0.0844, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Trican Well's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trican Well is expected to be smaller as well. Please check Trican Well's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Trican Well's existing price patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Trican Well Service has insignificant reverse predictability. Overlapping area represents the amount of predictability between Trican Well time series from 22nd of November 2025 to 6th of January 2026 and 6th of January 2026 to 20th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Trican Well Service price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Trican Well price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Trican Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Trican Well Service reported net income of 109.48 M. This is 95.18% lower than that of the Energy Equipment & Services sector and 133.53% higher than that of the Energy industry. The net income for all Canada stocks is 80.83% higher than that of the company.
Trican Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trican Well's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trican Well could also be used in its relative valuation, which is a method of valuing Trican Well by comparing valuation metrics of similar companies.Trican Well is currently under evaluation in net income category among its peers.
Trican Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 1.7 B | ||||
| Shares Outstanding | 212.23 M | ||||
| Shares Owned By Insiders | 4.11 % | ||||
| Shares Owned By Institutions | 24.55 % | ||||
| Number Of Shares Shorted | 3.13 M | ||||
| Price To Earning | 25.47 X | ||||
| Price To Book | 2.24 X | ||||
| Price To Sales | 1.41 X | ||||
| Revenue | 980.84 M | ||||
| Gross Profit | 278.73 M | ||||
| EBITDA | 225.54 M | ||||
| Net Income | 109.48 M | ||||
| Cash And Equivalents | 26.43 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 20.01 M | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 3.23 X | ||||
| Book Value Per Share | 3.24 X | ||||
| Cash Flow From Operations | 154.84 M | ||||
| Short Ratio | 5.03 X | ||||
| Earnings Per Share | 0.56 X | ||||
| Price To Earnings To Growth | 0.87 X | ||||
| Target Price | 7.18 | ||||
| Number Of Employees | 1.2 K | ||||
| Beta | 0.77 | ||||
| Market Capitalization | 1.48 B | ||||
| Total Asset | 683.07 M | ||||
| Retained Earnings | (266.26 M) | ||||
| Working Capital | 127.96 M | ||||
| Current Asset | 433.37 M | ||||
| Current Liabilities | 230.29 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 0.64 % | ||||
| Net Asset | 683.07 M |
About Trican Well Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Trican Well Service's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trican Well using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trican Well Service based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Trican Well
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trican Well position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trican Well will appreciate offsetting losses from the drop in the long position's value.Moving together with Trican Stock
Moving against Trican Stock
| 0.88 | MSFT | Microsoft CDR | PairCorr |
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| 0.7 | SAGE | Sage Potash Corp Earnings Call This Week | PairCorr |
| 0.67 | ENS-PA | E Split Corp | PairCorr |
| 0.51 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Trican Well could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trican Well when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trican Well - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trican Well Service to buy it.
The correlation of Trican Well is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trican Well moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trican Well Service moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Trican Well can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Trican Stock
Trican Well financial ratios help investors to determine whether Trican 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 Trican with respect to the benefits of owning Trican Well security.