Taiga Building Products Stock Analysis

Taiga Pink Sheet Analysis Notes

About 72.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.91. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Taiga Building Products last dividend was issued on the 4th of March 2021. 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.The quote for Taiga Building Products is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Taiga Building Products contact Russell Permann at 604-438-1471 or learn more at https://www.taigabuilding.com.

Taiga Building Products Investment Alerts

Taiga Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 256.31 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Taiga Building's market, we take the total number of its shares issued and multiply it by Taiga Building's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Taiga Profitablity

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.

Technical Drivers

As of the 25th of November, Taiga Building has the Risk Adjusted Performance of (0.06), variance of 1.25, and Coefficient Of Variation of (1,260). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Taiga Building Products, as well as the relationship between them. Please validate Taiga Building Products variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Taiga Building is priced more or less accurately, providing market reflects its prevalent price of 2.71 per share. Please also confirm Taiga Building Products jensen alpha, which is currently at (0.10) to double-check the company can sustain itself at a future point.

Taiga Building Products Price Movement Analysis

Taiga Building Predictive Daily Indicators

Taiga Building Forecast Models

Taiga Building's time-series forecasting models are one of many Taiga Building's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Taiga Building's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Taiga Building prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Taiga shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Taiga Building. By using and applying Taiga Pink Sheet analysis, traders can create a robust methodology for identifying Taiga entry and exit points for their positions.

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.