Trio Petroleum Corp Stock Analysis

Trio Stock Analysis Notes

The company has price-to-book ratio of 0.42. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Trio Petroleum Corp recorded a loss per share of 4.4. The entity had not issued any dividends in recent years. The firm had 1:20 split on the . To find out more about Trio Petroleum Corp contact Robin Ross at 661 324 3911 or learn more at https://trio-petroleum.com.

Trio Petroleum Corp Investment Alerts

Trio Petroleum Corp Upcoming and Recent Events

Trio Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.39 M.

Trio Profitablity

Management Efficiency

Trio Petroleum Corp has return on total asset (ROA) of (0.337) % which means that it has lost $0.337 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0073) %, meaning that it created substantial loss on money invested by shareholders. Trio Petroleum's management efficiency ratios could be used to measure how well Trio Petroleum manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.68 in 2024. Return On Capital Employed is likely to drop to -0.57 in 2024. Total Current Liabilities is likely to gain to about 2.8 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 11.2 M in 2024.

Technical Drivers

As of the 25th of November, Trio Petroleum has the Variance of 40.09, coefficient of variation of (368.74), and Risk Adjusted Performance of (0.20). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trio Petroleum Corp, as well as the relationship between them.

Trio Petroleum Corp Price Movement Analysis

Trio Petroleum Corp Insider Trading Activities

Trio Petroleum Outstanding Bonds

Trio Petroleum Predictive Daily Indicators

Trio Petroleum Forecast Models

Trio Petroleum's time-series forecasting models are one of many Trio Petroleum's stock 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 Trio Petroleum'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Trio Petroleum 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 Trio shares will generate the highest return on investment. We also built our stock 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 Stock such as Trio Petroleum. By using and applying Trio Stock analysis, traders can create a robust methodology for identifying Trio entry and exit points for their positions.

When running Trio Petroleum's price analysis, check to measure Trio Petroleum'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 Trio Petroleum is operating at the current time. Most of Trio Petroleum's value examination focuses on studying past and present price action to predict the probability of Trio Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Petroleum's price. Additionally, you may evaluate how the addition of Trio Petroleum to your portfolios can decrease your overall portfolio volatility.