Tourmaline Oil Corp Stock Performance
| TRMLF Stock | USD 47.45 0.34 0.72% |
Tourmaline Oil has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tourmaline Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tourmaline Oil is expected to be smaller as well. Tourmaline Oil Corp right now has a risk of 1.69%. Please validate Tourmaline Oil skewness, and the relationship between the potential upside and rate of daily change , to decide if Tourmaline Oil will be following its existing price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Tourmaline Oil Corp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak essential indicators, Tourmaline Oil may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 220.2 M | |
| Total Cashflows From Investing Activities | -1.4 B |
Tourmaline |
Tourmaline Oil Relative Risk vs. Return Landscape
If you would invest 4,305 in Tourmaline Oil Corp on September 1, 2024 and sell it today you would earn a total of 440.00 from holding Tourmaline Oil Corp or generate 10.22% return on investment over 90 days. Tourmaline Oil Corp is currently producing 0.1662% returns and takes up 1.6892% volatility of returns over 90 trading days. Put another way, 15% of traded pink sheets are less volatile than Tourmaline, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Tourmaline Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tourmaline Oil's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Tourmaline Oil Corp, and traders can use it to determine the average amount a Tourmaline 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 = 0.0984
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Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Tourmaline Oil is performing at about 7% 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 Tourmaline Oil by adding it to a well-diversified portfolio.
Tourmaline Oil Fundamentals Growth
Tourmaline Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Tourmaline Oil, and Tourmaline 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 Tourmaline Pink Sheet performance.
| Return On Equity | 0.44 | |||
| Return On Asset | 0.25 | |||
| Profit Margin | 0.79 % | |||
| Operating Margin | 1.01 % | |||
| Current Valuation | 18.56 B | |||
| Shares Outstanding | 338.02 M | |||
| Price To Earning | 31.49 X | |||
| Price To Book | 1.73 X | |||
| Price To Sales | 2.63 X | |||
| Revenue | 5.12 B | |||
| EBITDA | 3.41 B | |||
| Cash And Equivalents | 211.05 M | |||
| Cash Per Share | 0.64 X | |||
| Total Debt | 869.57 M | |||
| Debt To Equity | 0.04 % | |||
| Book Value Per Share | 42.97 X | |||
| Cash Flow From Operations | 2.85 B | |||
| Earnings Per Share | 12.37 X | |||
| Total Asset | 15.29 B | |||
About Tourmaline Oil Performance
By analyzing Tourmaline Oil's fundamental ratios, stakeholders can gain valuable insights into Tourmaline Oil's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tourmaline 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 Tourmaline Oil has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. The company was incorporated in 2008 and is headquartered in Calgary, Canada. TOURMALINE OIL operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 322 people.Things to note about Tourmaline Oil Corp performance evaluation
Checking the ongoing alerts about Tourmaline Oil for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Tourmaline Oil Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tourmaline Oil Corp has accumulated 869.57 M in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Tourmaline Oil Corp has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tourmaline Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Tourmaline Oil'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 Tourmaline Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tourmaline to invest in growth at high rates of return. When we think about Tourmaline Oil's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of Tourmaline Oil shares are owned by institutional investors |
- Analyzing Tourmaline 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 Tourmaline Oil's stock is overvalued or undervalued compared to its peers.
- Examining Tourmaline 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 Tourmaline Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tourmaline Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tourmaline Oil's pink sheet. These opinions can provide insight into Tourmaline Oil's potential for growth and whether the stock is currently undervalued or overvalued.
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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