Transatlantic Mining Corp Stock Price on August 16, 2024

TCO Stock  CAD 0.07  0.01  7.14%   
Below is the normalized historical share price chart for Transatlantic Mining Corp extending back to March 25, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Transatlantic Mining stands at 0.07, as last reported on the 22nd of December, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day.
200 Day MA
0.0803
50 Day MA
0.0834
Beta
1.13
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Transatlantic Stock, it is important to understand the factors that can impact its price. Transatlantic Mining Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0335, which indicates the firm had a -0.0335% return per unit of risk over the last 3 months. Transatlantic Mining Corp exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transatlantic Mining's Semi Deviation of 7.93, risk adjusted performance of 0.0512, and Coefficient Of Variation of 1887.98 to confirm the risk estimate we provide.
  
Total Stockholder Equity is likely to climb to about (295.8 K) in 2024. Other Stockholder Equity is likely to drop to about 3.8 M in 2024. Transatlantic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0335

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Estimated Market Risk

 9.84
  actual daily
87
87% of assets are less volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Transatlantic Mining is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Transatlantic Mining by adding Transatlantic Mining to a well-diversified portfolio.
Price Book
3.8892
Book Value
(0)
Enterprise Value
2.8 M
Enterprise Value Ebitda
5.3147
Shares Float
71.2 M

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Transatlantic Mining Valuation on August 16, 2024

It is possible to determine the worth of Transatlantic Mining on a given historical date. On August 16, 2024 Transatlantic was worth 0.08 at the beginning of the trading date compared to the closed value of 0.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transatlantic Mining stock. Still, in general, we apply an absolute valuation method to find Transatlantic Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Transatlantic Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transatlantic Mining's related companies.
 Open High Low Close Volume
  0.07    0.08    0.07    0.08    55,807  
08/16/2024
  0.08    0.08    0.08    0.08    1.00  
  0.09    0.09    0.09    0.09    9,000  
Backtest Transatlantic Mining  |  Transatlantic Mining History  |  Transatlantic Mining Valuation   PreviousNext  
Open Value
0.08
0.0008
Downside
0.08
Closing Value
29.60
Upside

Transatlantic Mining Trading Date Momentum on August 16, 2024

On August 19 2024 Transatlantic Mining Corp was traded for  0.09  at the closing time. The highest daily price throughout the period was 0.09  and the lowest price was  0.09 . The daily volume was 9 K. The net trading volume on 08/19/2024 added to the next day price increase. The trading price change to closing price of the next trading day was 6.25% . The trading price change to current closing price is 6.25% .

Transatlantic Mining Corp Fundamentals Correlations and Trends

By evaluating Transatlantic Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Transatlantic Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transatlantic financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Transatlantic Mining Stock history

Transatlantic Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Transatlantic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transatlantic Mining Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Transatlantic Mining stock prices may prove useful in developing a viable investing in Transatlantic Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding99.6 M90 M
Net Income Applicable To Common Shares7.8 M8.1 M

Transatlantic Mining Stock Technical Analysis

Transatlantic Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Transatlantic Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Transatlantic Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Transatlantic Mining Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Transatlantic Mining Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Transatlantic Mining December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Transatlantic Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transatlantic Mining shares will generate the highest return on investment. By undertsting and applying Transatlantic Mining stock market strength indicators, traders can identify Transatlantic Mining Corp entry and exit signals to maximize returns

Transatlantic Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Transatlantic Mining's price direction in advance. Along with the technical and fundamental analysis of Transatlantic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transatlantic to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Transatlantic Stock Analysis

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