Tourmaline Oil Corp Stock Price Prediction

TRMLF Stock  USD 46.68  0.43  0.91%   
As of 28th of November 2024, the relative strength index (RSI) of Tourmaline Oil's share price is approaching 45. This usually implies that the pink sheet is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Tourmaline Oil, making its price go up or down.

Oversold Vs Overbought

45

 
Oversold
 
Overbought
The successful prediction of Tourmaline Oil's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Tourmaline Oil and does not consider all of the tangible or intangible factors available from Tourmaline Oil's fundamental data. We analyze noise-free headlines and recent hype associated with Tourmaline Oil Corp, which may create opportunities for some arbitrage if properly timed.
Using Tourmaline Oil hype-based prediction, you can estimate the value of Tourmaline Oil Corp from the perspective of Tourmaline Oil response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Tourmaline Oil to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Tourmaline because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Tourmaline Oil after-hype prediction price

    
  USD 46.68  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Tourmaline Oil Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
44.3146.0647.81
Details
Naive
Forecast
LowNextHigh
46.1447.8949.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
43.1246.1349.14
Details

Tourmaline Oil After-Hype Price Prediction Density Analysis

As far as predicting the price of Tourmaline Oil at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Tourmaline Oil or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Tourmaline Oil, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Tourmaline Oil Estimiated After-Hype Price Volatility

In the context of predicting Tourmaline Oil's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Tourmaline Oil's historical news coverage. Tourmaline Oil's after-hype downside and upside margins for the prediction period are 44.93 and 48.43, respectively. We have considered Tourmaline Oil's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
46.68
46.68
After-hype Price
48.43
Upside
Tourmaline Oil is very steady at this time. Analysis and calculation of next after-hype price of Tourmaline Oil Corp is based on 3 months time horizon.

Tourmaline Oil Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Tourmaline Oil is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tourmaline Oil backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Tourmaline Oil, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
1.77
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
46.68
46.68
0.00 
0.00  
Notes

Tourmaline Oil Hype Timeline

Tourmaline Oil Corp is at this time traded for 46.68. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Tourmaline is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is at this time at 0.08%. %. The volatility of related hype on Tourmaline Oil is about 0.0%, with the expected price after the next announcement by competition of 46.68. About 56.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.73. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tourmaline Oil Corp recorded earning per share (EPS) of 12.37. The entity last dividend was issued on the 23rd of January 2023. Assuming the 90 days horizon the next expected press release will be within a week.
Check out Tourmaline Oil Basic Forecasting Models to cross-verify your projections.

Tourmaline Oil Related Hype Analysis

Having access to credible news sources related to Tourmaline Oil's direct competition is more important than ever and may enhance your ability to predict Tourmaline Oil's future price movements. Getting to know how Tourmaline Oil's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Tourmaline Oil may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PREKFPrairieSky Royalty 0.00 0 per month 1.48 (0.03) 3.15 (2.81) 7.24 
TNEYFTamarack Valley Energy 0.00 0 per month 2.32 (0) 3.81 (3.42) 10.79 
MEGEFMEG Energy Corp 0.00 0 per month 0.00 (0.15) 3.98 (3.96) 8.90 
CRLFFCardinal Energy 0.00 0 per month 0.00 (0.18) 1.50 (2.34) 5.44 
CWEGFCrew Energy 0.00 0 per month 1.30  0.10  2.97 (3.31) 79.64 
PIFYFPine Cliff Energy 0.00 0 per month 0.00 (0.1) 4.62 (4.76) 16.64 
ATHOFAthabasca Oil Corp 0.00 0 per month 0.00 (0.13) 2.92 (3.99) 8.36 
CDDRFHeadwater Exploration 0.00 0 per month 2.01 (0.05) 3.16 (2.99) 10.36 
SPGYFWhitecap Resources 0.00 0 per month 0.00 (0.11) 2.25 (3.43) 8.34 
AETUFARC Resources 0.00 0 per month 0.00 (0.14) 3.97 (4.96) 17.09 
ZPTAFSurge Energy 0.00 0 per month 0.00 (0.20) 3.43 (3.62) 8.21 

Tourmaline Oil Additional Predictive Modules

Most predictive techniques to examine Tourmaline price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Tourmaline using various technical indicators. When you analyze Tourmaline charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Tourmaline Oil Predictive Indicators

The successful prediction of Tourmaline Oil stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Tourmaline Oil Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Tourmaline Oil based on analysis of Tourmaline Oil hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Tourmaline Oil's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Tourmaline Oil's related companies.

Story Coverage note for Tourmaline Oil

The number of cover stories for Tourmaline Oil depends on current market conditions and Tourmaline Oil's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Tourmaline Oil is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Tourmaline Oil's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Tourmaline Oil Short Properties

Tourmaline Oil's future price predictability will typically decrease when Tourmaline Oil's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Tourmaline Oil Corp often depends not only on the future outlook of the potential Tourmaline Oil's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Tourmaline Oil's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding330.9 M

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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