Tamboran Resources Stock Statistic Functions Beta

TBN Stock   18.58  0.63  3.51%   
Tamboran Resources statistic functions tool provides the execution environment for running the Beta function and other technical functions against Tamboran Resources. Tamboran Resources value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Tamboran Resources statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Tamboran Resources correlated with the market. If Beta is less than 0 Tamboran Resources generally moves in the opposite direction as compared to the market. If Tamboran Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tamboran Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tamboran Resources is generally in the same direction as the market. If Beta > 1 Tamboran Resources moves generally in the same direction as, but more than the movement of the benchmark.

Tamboran Resources Technical Analysis Modules

Most technical analysis of Tamboran Resources help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Tamboran from various momentum indicators to cycle indicators. When you analyze Tamboran 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 Tamboran Resources Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tamboran Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tamboran Resources based on widely used predictive technical indicators. In general, we focus on analyzing Tamboran Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tamboran Resources's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Tamboran Resources's intrinsic value. In addition to deriving basic predictive indicators for Tamboran Resources, we also check how macroeconomic factors affect Tamboran Resources price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Payables Turnover0.190.230.14
Days Of Inventory On Hand2.0K1.8K1.0K
Hype
Prediction
LowEstimatedHigh
16.3418.5620.78
Details
Intrinsic
Valuation
LowRealHigh
16.6318.8521.07
Details
Naive
Forecast
LowNextHigh
15.4717.6919.91
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.0718.7819.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tamboran Resources. Your research has to be compared to or analyzed against Tamboran Resources' peers to derive any actionable benefits. When done correctly, Tamboran Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tamboran Resources.

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When determining whether Tamboran Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tamboran Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tamboran Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tamboran Resources Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamboran Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Tamboran Stock, please use our How to Invest in Tamboran Resources guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tamboran Resources. If investors know Tamboran will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tamboran Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Return On Assets
(0.04)
Return On Equity
(0.14)
The market value of Tamboran Resources is measured differently than its book value, which is the value of Tamboran that is recorded on the company's balance sheet. Investors also form their own opinion of Tamboran Resources' value that differs from its market value or its book value, called intrinsic value, which is Tamboran Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tamboran Resources' market value can be influenced by many factors that don't directly affect Tamboran Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tamboran Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tamboran Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tamboran Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.