Trican Well Service Stock Price on June 6, 2024

TCW Stock  CAD 4.69  0.08  1.74%   
Below is the normalized historical share price chart for Trican Well Service extending back to December 11, 1996. 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 Trican Well stands at 4.69, as last reported on the 22nd of December, with the highest price reaching 4.72 and the lowest price hitting 4.58 during the day.
200 Day MA
4.6179
50 Day MA
4.7146
Beta
1.707
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Trican Stock, it is important to understand the factors that can impact its price. As of now, Trican Stock is slightly risky. Trican Well Service owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0067, which indicates the firm had a 0.0067% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Trican Well Service, which you can use to evaluate the volatility of the company. Please validate Trican Well's Variance of 4.05, risk adjusted performance of (0.01), and Coefficient Of Variation of (6,524) to confirm if the risk estimate we provide is consistent with the expected return of 0.0134%.
  
At this time, Trican Well's Total Stockholder Equity is very stable compared to the past year. As of the 22nd of December 2024, Liabilities And Stockholders Equity is likely to grow to about 985.9 M, while Common Stock Shares Outstanding is likely to drop about 170.3 M. . At this time, Trican Well's Price Sales Ratio is very stable compared to the past year. As of the 22nd of December 2024, Price Fair Value is likely to grow to 2.46, while Price To Operating Cash Flows Ratio is likely to drop 3.42. Trican Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0067

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Estimated Market Risk

 2.01
  actual daily
17
83% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Trican Well 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 Trican Well by adding Trican Well to a well-diversified portfolio.
Price Book
1.8573
Enterprise Value Ebitda
4.0767
Price Sales
0.9376
Shares Float
190.1 M
Dividend Share
0.175

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Trican Well Valuation on June 6, 2024

It is possible to determine the worth of Trican Well on a given historical date. On June 6, 2024 Trican was worth 4.19 at the beginning of the trading date compared to the closed value of 4.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trican Well stock. Still, in general, we apply an absolute valuation method to find Trican Well'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 Trican Well where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trican Well's related companies.
 Open High Low Close Volume
  4.14    4.22    4.12    4.20    698,769  
06/06/2024
  4.19    4.40    4.19    4.36    1,720,874  
  4.34    4.48    4.33    4.46    1,927,515  
Backtest Trican Well  |  Trican Well History  |  Trican Well Valuation   PreviousNext  
Open Value
4.19
4.36
Closing Value
10.22
Upside

Trican Well Trading Date Momentum on June 6, 2024

On June 07 2024 Trican Well Service was traded for  4.46  at the closing time. The maximum traded price for the trading interval was 4.48  and the lowest daily price was  4.33 . The daily volume was recorded at 1.9 M. The volume of trading on 7th of June 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 2.29% . The trading price change to the closing price today is 1.38% .

Trican Well Service Fundamentals Correlations and Trends

By evaluating Trican Well'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 Trican Well's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trican financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Trican Well Stock history

Trican Well 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 Trican is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trican Well Service 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 Trican Well stock prices may prove useful in developing a viable investing in Trican Well
Last ReportedProjected for Next Year
Common Stock Shares Outstanding221.5 M170.3 M
Net Income Applicable To Common Shares91.1 M95.7 M

Trican Well Quarterly Net Working Capital

136.47 Million

Trican Well Stock Technical Analysis

Trican Well 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 Trican Well technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Trican Well 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

Trican Well Period Price Range

Low
December 22, 2024
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High

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Trican Well Service cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Trican Well December 22, 2024 Market Strength

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

Trican Well Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Trican Well's price direction in advance. Along with the technical and fundamental analysis of Trican Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trican 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.

Other Information on Investing in Trican Stock

Trican Well financial ratios help investors to determine whether Trican Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Trican with respect to the benefits of owning Trican Well security.