Analysts Set Tourmaline Oil Corp. Price Target at C79.04 - MarketBeat
| TRMLF Stock | USD 46.99 1.08 2.35% |
Roughly 55% of Tourmaline Oil's stockholders are presently thinking to get in. The analysis of overall sentiment of trading Tourmaline Oil Corp pink sheet suggests that some investors are interested at this time. The current market sentiment, together with Tourmaline Oil's historical and current headlines, can help investors time the market. In addition, many technical investors use Tourmaline Oil Corp stock news signals to limit their universe of possible portfolio assets.
Tourmaline Oil pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Tourmaline daily returns and investor perception about the current price of Tourmaline Oil Corp as well as its diversification or hedging effects on your existing portfolios.
Tourmaline |
Analysts Set Tourmaline Oil Corp. Price Target at C79.04 MarketBeat
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Tourmaline Oil Fundamental Analysis
We analyze Tourmaline Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tourmaline Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tourmaline Oil 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.
Price To Book
Price To Book Comparative Analysis
Tourmaline Oil is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Tourmaline Oil Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tourmaline Oil pink sheet to make a market-neutral strategy. Peer analysis of Tourmaline Oil could also be used in its relative valuation, which is a method of valuing Tourmaline Oil by comparing valuation metrics with similar companies.
Peers
Tourmaline Oil Related Equities
| SPGYF | Whitecap Resources | 3.75 | ||||
| CRLFF | Cardinal Energy | 2.95 | ||||
| PIFYF | Pine Cliff | 2.44 | ||||
| ZPTAF | Surge Energy | 2.39 | ||||
| ATHOF | Athabasca Oil | 1.34 | ||||
| MEGEF | MEG Energy | 1.29 | ||||
| PREKF | PrairieSky Royalty | 0.96 | ||||
| TNEYF | Tamarack Valley | 1.88 | ||||
| CDDRF | Headwater Exploration | 2.19 |
Complementary Tools for Tourmaline Pink Sheet analysis
When running Tourmaline Oil's price analysis, check to measure Tourmaline Oil'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 Tourmaline Oil is operating at the current time. Most of Tourmaline Oil's value examination focuses on studying past and present price action to predict the probability of Tourmaline Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tourmaline Oil's price. Additionally, you may evaluate how the addition of Tourmaline Oil to your portfolios can decrease your overall portfolio volatility.
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