Tag Oil Stock Performance
| TAO Stock | CAD 0.17 0.01 6.25% |
The firm has a beta of 1.79, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TAG Oil will likely underperform. At this point, TAG Oil has a negative expected return of -0.79%. Please make sure to validate TAG Oil's maximum drawdown and the relationship between the kurtosis and period momentum indicator , to decide if TAG Oil performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days TAG Oil has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1015:1000 | Dividend Date 2020-04-14 | Ex Dividend Date 2020-04-15 | Last Split Date 2017-05-05 |
1 | Stock Market Today Wall Street Drifts Higher To Set More Records - Barchart | 09/23/2024 |
2 | TAG Oil Files Final Short Form Prospectus and Announces Management Participation in the Public Offering - Barchart | 11/12/2024 |
| Begin Period Cash Flow | 13.3 M |
TAG |
TAG Oil Relative Risk vs. Return Landscape
If you would invest 32.00 in TAG Oil on September 3, 2024 and sell it today you would lose (15.00) from holding TAG Oil or give up 46.87% of portfolio value over 90 days. TAG Oil is currently producing negative expected returns and takes up 5.9172% volatility of returns over 90 trading days. Put another way, 52% of traded stocks are less volatile than TAG, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
TAG Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TAG Oil's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TAG Oil, and traders can use it to determine the average amount a TAG Oil's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1339
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TAO |
Estimated Market Risk
| 5.92 actual daily | 52 52% of assets are less volatile |
Expected Return
| -0.79 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TAG Oil 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 TAG Oil by adding TAG Oil to a well-diversified portfolio.
TAG Oil Fundamentals Growth
TAG Stock prices reflect investors' perceptions of the future prospects and financial health of TAG Oil, and TAG Oil fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on TAG Stock performance.
| Return On Equity | -0.18 | |||
| Return On Asset | -0.15 | |||
| Operating Margin | (20.39) % | |||
| Current Valuation | 23.2 M | |||
| Shares Outstanding | 185.12 M | |||
| Price To Book | 0.70 X | |||
| Price To Sales | 66.35 X | |||
| Gross Profit | (98 K) | |||
| EBITDA | (6.52 M) | |||
| Net Income | (3 M) | |||
| Cash And Equivalents | 15.62 M | |||
| Cash Per Share | 0.17 X | |||
| Total Debt | 2.04 M | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 37.69 X | |||
| Book Value Per Share | 0.25 X | |||
| Cash Flow From Operations | (5.46 M) | |||
| Earnings Per Share | (0.05) X | |||
| Market Capitalization | 31.47 M | |||
| Total Asset | 41.06 M | |||
| Retained Earnings | (227.03 M) | |||
| Working Capital | 21.55 M | |||
| Current Asset | 25.84 M | |||
| Current Liabilities | 3.73 M | |||
About TAG Oil Performance
Evaluating TAG Oil's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if TAG Oil has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if TAG Oil has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 140.76 | 147.80 | |
| Return On Tangible Assets | (0.15) | (0.16) | |
| Return On Capital Employed | (0.19) | (0.18) | |
| Return On Assets | (0.15) | (0.16) | |
| Return On Equity | (0.18) | (0.19) |
Things to note about TAG Oil performance evaluation
Checking the ongoing alerts about TAG Oil for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TAG Oil help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TAG Oil generated a negative expected return over the last 90 days | |
| TAG Oil has high historical volatility and very poor performance | |
| TAG Oil has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (3 M) with loss before overhead, payroll, taxes, and interest of (98 K). | |
| TAG Oil has accumulated about 15.62 M in cash with (5.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: TAG Oil Files Final Short Form Prospectus and Announces Management Participation in the Public Offering - Barchart |
- Analyzing TAG Oil's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether TAG Oil's stock is overvalued or undervalued compared to its peers.
- Examining TAG Oil's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating TAG Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TAG Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TAG Oil's stock. These opinions can provide insight into TAG Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for TAG Stock Analysis
When running TAG Oil's price analysis, check to measure TAG 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 TAG Oil is operating at the current time. Most of TAG Oil's value examination focuses on studying past and present price action to predict the probability of TAG 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 TAG Oil's price. Additionally, you may evaluate how the addition of TAG Oil to your portfolios can decrease your overall portfolio volatility.