Tourmaline Oil Corp Stock Analysis

Tourmaline Pink Sheet Analysis Notes

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. 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.The quote for Tourmaline Oil Corp 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 Tourmaline Oil Corp contact the company at 403-266-5992 or learn more at https://www.tourmalineoil.com.

Tourmaline Oil Corp Investment Alerts

Tourmaline Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 15.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tourmaline Oil's market, we take the total number of its shares issued and multiply it by Tourmaline Oil'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.

Tourmaline Profitablity

The company has Profit Margin (PM) of 0.79 %, 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 1.01 %, which suggests for every 100 dollars of sales, it generated a net operating income of $1.01.

Technical Drivers

As of the 28th of November, Tourmaline Oil has the Risk Adjusted Performance of 0.0234, coefficient of variation of 4293.84, and Semi Deviation of 1.67. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tourmaline Oil Corp, as well as the relationship between them. Please validate Tourmaline Oil Corp jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Tourmaline Oil is priced more or less accurately, providing market reflects its prevalent price of 46.68 per share. Given that Tourmaline Oil Corp has jensen alpha of (0.03), we advise you to double-check Tourmaline Oil Corp's current market performance to make sure the company can sustain itself at a future point.

Tourmaline Oil Corp Price Movement Analysis

Tourmaline Oil Outstanding Bonds

Tourmaline Oil Predictive Daily Indicators

Tourmaline Oil Forecast Models

Tourmaline Oil's time-series forecasting models are one of many Tourmaline Oil'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 Tourmaline Oil'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 Tourmaline Oil 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 Tourmaline 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 Tourmaline Oil. By using and applying Tourmaline Pink Sheet analysis, traders can create a robust methodology for identifying Tourmaline entry and exit points for their positions.

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.