Taiga Building Products Stock Performance
| TGAFF Stock | USD 2.70 0.06 2.17% |
The entity has a beta of -0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Taiga Building are expected to decrease at a much lower rate. During the bear market, Taiga Building is likely to outperform the market. At this point, Taiga Building Products has a negative expected return of -0.0032%. Please make sure to validate Taiga Building's downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to decide if Taiga Building Products performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Taiga Building Products has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Taiga Building is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Total Cashflows From Investing Activities | -3.2 M | |
| Free Cash Flow | 115.4 M |
Taiga |
Taiga Building Relative Risk vs. Return Landscape
If you would invest 272.00 in Taiga Building Products on November 5, 2024 and sell it today you would lose (2.00) from holding Taiga Building Products or give up 0.74% of portfolio value over 90 days. Taiga Building Products is currently producing negative expected returns and takes up 1.3085% volatility of returns over 90 trading days. Put another way, 11% of traded pink sheets are less volatile than Taiga, and 99% of all traded equity instruments are likely to generate higher returns 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 pink sheets, 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 = -0.0024
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| Negative Returns | TGAFF |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taiga Building 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 Taiga Building by adding Taiga Building to a well-diversified portfolio.
Taiga Building Fundamentals Growth
Taiga Pink Sheet 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 Pink Sheet performance.
| Return On Equity | 0.29 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 245.94 M | |||
| Shares Outstanding | 108.17 M | |||
| Price To Earning | 3.75 X | |||
| Price To Book | 0.91 X | |||
| Price To Sales | 0.11 X | |||
| Revenue | 2.22 B | |||
| EBITDA | 144.85 M | |||
| Cash And Equivalents | 2.45 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 6.78 M | |||
| Debt To Equity | 0.36 % | |||
| Book Value Per Share | 3.28 X | |||
| Cash Flow From Operations | 118.62 M | |||
| Earnings Per Share | 0.61 X | |||
| Total Asset | 583 M | |||
About Taiga Building Performance
By analyzing Taiga Building's fundamental ratios, stakeholders can gain valuable insights into Taiga Building's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Taiga Building 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 Taiga Building has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. Taiga Building Products Ltd. operates as a subsidiary of Avarga Limited. Taiga Building operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 576 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. Pink Sheet 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 generated a negative expected return over the last 90 days | |
| 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 pink sheet. These opinions can provide insight into Taiga Building's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Taiga Pink Sheet analysis
When running Taiga Building's price analysis, check to measure Taiga Building'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 Taiga Building is operating at the current time. Most of Taiga Building's value examination focuses on studying past and present price action to predict the probability of Taiga Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiga Building's price. Additionally, you may evaluate how the addition of Taiga Building to your portfolios can decrease your overall portfolio volatility.
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