Triple Flag Precious Stock Price on June 18, 2024

TFPM Stock   24.07  0.52  2.21%   
If you're considering investing in Triple Stock, it is important to understand the factors that can impact its price. As of today, the current price of Triple Flag stands at 24.07, as last reported on the 12th of December 2024, with the highest price reaching 24.08 and the lowest price hitting 23.57 during the day. As of now, Triple Stock is very steady. Triple Flag Precious owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0472, which indicates the firm had a 0.0472% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Triple Flag Precious, which you can use to evaluate the volatility of the company. Please validate Triple Flag's Risk Adjusted Performance of 0.0766, semi deviation of 1.48, and Coefficient Of Variation of 1022.66 to confirm if the risk estimate we provide is consistent with the expected return of 0.0812%.
  
As of the 12th of December 2024, Total Stockholder Equity is likely to grow to about 1.9 B, while Common Stock Shares Outstanding is likely to drop about 152.9 M. . At this time, Triple Flag's Price Sales Ratio is very stable compared to the past year. As of the 12th of December 2024, Price Fair Value is likely to grow to 1.54, though Price Earnings To Growth Ratio is likely to grow to (1.48). Triple Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0472

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Estimated Market Risk

 1.72
  actual daily
15
85% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Triple Flag is performing at about 3% of its full potential. 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 Triple Flag by adding it to a well-diversified portfolio.
Price Book
1.9575
Enterprise Value Ebitda
72.5077
Price Sales
19.2431
Shares Float
63.2 M
Dividend Share
0.213

Triple Flag Main Headline on 18th of June 2024

Triple Flag Precious Metals Sees Large Volume Increase MarketBeat

Triple Flag Valuation on June 18, 2024

It is possible to determine the worth of Triple Flag on a given historical date. On June 18, 2024 Triple was worth 20.62 at the beginning of the trading date compared to the closed value of 21.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Triple Flag stock. Still, in general, we apply an absolute valuation method to find Triple Flag'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 Triple Flag where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Triple Flag's related companies.
 Open High Low Close Volume
  20.58    20.69    20.41    20.65    50,900  
06/18/2024
  20.62    21.47    20.59    21.03    137,600  
  20.91    21.12    20.25    20.99    42,400  
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Open Value
20.62
21.03
Closing Value
25.78
Upside

Triple Flag Trading Date Momentum on June 18, 2024

On June 19 2024 Triple Flag Precious was traded for  20.99  at the closing time. The highest price during the trading period was 21.12  and the lowest recorded bid was listed for  20.25 . The volume for the day was 42.4 K. This history from June 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.19% . The trading price change to the current price is 0.62% .

Triple Flag Precious Fundamentals Correlations and Trends

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

About Triple Flag Stock history

Triple Flag 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 Triple is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Triple Flag Precious 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 Triple Flag stock prices may prove useful in developing a viable investing in Triple Flag
Last ReportedProjected for Next Year
Common Stock Shares Outstanding199.5 M152.9 M
Net Income Applicable To Common Shares63.3 M66.5 M

Triple Flag Quarterly Net Working Capital

43.37 Million

Triple Flag Stock Technical Analysis

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

Triple Flag Period Price Range

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December 12, 2024
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Triple Flag Precious 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.

Triple Flag December 12, 2024 Market Strength

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

Triple Flag Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Triple Flag's price direction in advance. Along with the technical and fundamental analysis of Triple Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Triple 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.
When determining whether Triple Flag Precious is a strong investment it is important to analyze Triple Flag's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Triple Flag's future performance. For an informed investment choice regarding Triple Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triple Flag Precious. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Please note, there is a significant difference between Triple Flag's value and its price as these two are different measures arrived at by different means. Investors typically determine if Triple Flag is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Triple Flag's 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.