Taiga Building Products Stock Performance
| TBL Stock | CAD 3.95 0.10 2.60% |
Taiga Building has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.0297, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Taiga Building's returns are expected to increase less than the market. However, during the bear market, the loss of holding Taiga Building is expected to be smaller as well. Taiga Building Products right now has a risk of 1.39%. Please validate Taiga Building sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Taiga Building will be following its existing price patterns.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Taiga Building Products are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy essential indicators, Taiga Building is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 94.5 M |
Taiga |
Taiga Building Relative Risk vs. Return Landscape
If you would invest 385.00 in Taiga Building Products on November 19, 2024 and sell it today you would earn a total of 10.00 from holding Taiga Building Products or generate 2.6% return on investment over 90 days. Taiga Building Products is generating 0.0508% of daily returns assuming 1.3855% volatility of returns over the 90 days investment horizon. Simply put, 12% of all stocks have less volatile historical return distribution than Taiga Building, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Taiga Building Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taiga Building's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Taiga Building Products, and traders can use it to determine the average amount a Taiga Building'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 = 0.0366
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | TBL | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Taiga Building is performing at about 2% of its full potential. 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 Taiga Building by adding it to a well-diversified portfolio.
Taiga Building Fundamentals Growth
Taiga Stock prices reflect investors' perceptions of the future prospects and financial health of Taiga Building, and Taiga Building 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 Taiga Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0594 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 348.64 M | ||||
| Shares Outstanding | 107.94 M | ||||
| Price To Earning | 6.44 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 0.26 X | ||||
| Revenue | 1.68 B | ||||
| EBITDA | 91.9 M | ||||
| Cash And Equivalents | 94.49 M | ||||
| Total Debt | 95.38 M | ||||
| Debt To Equity | 199.10 % | ||||
| Book Value Per Share | 4.07 X | ||||
| Cash Flow From Operations | 107.53 M | ||||
| Earnings Per Share | 0.47 X | ||||
| Total Asset | 624.29 M | ||||
| Retained Earnings | 265.32 M | ||||
About Taiga Building Performance
By examining Taiga Building's fundamental ratios, stakeholders can obtain critical insights into Taiga Building's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Taiga Building is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. As of September 29, 2018, Taiga Building Products Ltd. operates as a subsidiary of Avarga Limited. TAIGA BUILDING operates under Home Improvement Stores classification in Canada and is traded on Toronto Stock Exchange. It employs 574 people.Things to note about Taiga Building Products performance evaluation
Checking the ongoing alerts about Taiga Building for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Taiga Building Products help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Taiga Building has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 72.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Taiga Building'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 Taiga Building's stock is overvalued or undervalued compared to its peers.
- Examining Taiga Building'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 Taiga Building's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taiga Building's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Taiga Building's stock. These opinions can provide insight into Taiga Building's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Taiga Stock
Taiga Building financial ratios help investors to determine whether Taiga 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 Taiga with respect to the benefits of owning Taiga Building security.