True North Energy Stock Performance
| TNEN Stock | USD 0.0001 0.00 0.00% |
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and True North are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days True North Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical and fundamental indicators, True North is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
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True North Relative Risk vs. Return Landscape
If you would invest 0.01 in True North Energy on September 13, 2024 and sell it today you would earn a total of 0.00 from holding True North Energy or generate 0.0% return on investment over 90 days. True North Energy is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than True, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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True North Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for True North's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as True North Energy, and traders can use it to determine the average amount a True North'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 = 0.0
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Based on monthly moving average True North 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 True North by adding True North to a well-diversified portfolio.
True North Fundamentals Growth
True Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of True North, and True North 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 True Pink Sheet performance.
| Return On Equity | -1.37 | |||
| Return On Asset | -0.0782 | |||
| Profit Margin | (1.30) % | |||
| Operating Margin | (0.45) % | |||
| Current Valuation | 912.45 K | |||
| Price To Book | 1.46 X | |||
| Price To Sales | 0.45 X | |||
| Revenue | 151 | |||
| EBITDA | 164.66 K | |||
| Cash And Equivalents | 163.91 K | |||
| Cash Per Share | 1.11 X | |||
| Total Debt | 3.34 M | |||
| Debt To Equity | 4.11 % | |||
| Book Value Per Share | 5.66 X | |||
| Cash Flow From Operations | (31.46 K) | |||
| Earnings Per Share | (16.94) X | |||
| Total Asset | 21.05 K | |||
| Retained Earnings | (27.79 M) | |||
| Current Asset | 24 K | |||
| Current Liabilities | 3.53 M | |||
About True North Performance
By examining True North's fundamental ratios, stakeholders can obtain critical insights into True North'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 True North 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.
True North Energy Corp. acquires, explores, develops, and produces oil and gas properties in the United States. The company was incorporated in 2004 and is based in Spring, Texas. True North operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about True North Energy performance evaluation
Checking the ongoing alerts about True North for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for True North Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| True North Energy generated a negative expected return over the last 90 days | |
| True North Energy has some characteristics of a very speculative penny stock | |
| True North Energy currently holds 3.34 M in liabilities with Debt to Equity (D/E) ratio of 4.11, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. True North Energy has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist True North until it has trouble settling it off, either with new capital or with free cash flow. So, True North's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like True North Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for True to invest in growth at high rates of return. When we think about True North's use of debt, we should always consider it together with cash and equity. | |
| True North Energy currently holds about 163.91 K in cash with (31.46 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing True North'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 True North's stock is overvalued or undervalued compared to its peers.
- Examining True North'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 True North's management team can have a significant impact on its success or failure. Reviewing the track record and experience of True North's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of True North's pink sheet. These opinions can provide insight into True North's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in True Pink Sheet
True North financial ratios help investors to determine whether True Pink Sheet 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 True with respect to the benefits of owning True North security.