Trigon Metals Stock Price on February 28, 2024
| TM Stock | CAD 0.58 0.18 23.68% |
Below is the normalized historical share price chart for Trigon Metals extending back to November 20, 1998. 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 Trigon Metals stands at 0.58, as last reported on the 4th of December, with the highest price reaching 0.76 and the lowest price hitting 0.47 during the day.
If you're considering investing in Trigon Stock, it is important to understand the factors that can impact its price. Trigon Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0213, which indicates the firm had a -0.0213% return per unit of risk over the last 3 months. Trigon Metals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trigon Metals' Variance of 23.54, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,968) to confirm the risk estimate we provide.
At this time, Trigon Metals' Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 54.1 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 1.7 M in 2024. . At this time, Trigon Metals' Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to about 20.4 K in 2024, despite the fact that Price To Operating Cash Flows Ratio is likely to grow to (208.11). Trigon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.5329 | 50 Day MA 0.8238 | Beta 1.674 |
Trigon |
Sharpe Ratio = -0.0213
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TM |
Estimated Market Risk
| 4.91 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trigon Metals 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 Trigon Metals by adding Trigon Metals to a well-diversified portfolio.
Price Book 4.9517 | Enterprise Value Ebitda 16.2325 | Price Sales 1.6932 | Shares Float 34.6 M | Wall Street Target Price 3.25 |
Trigon Metals Valuation on February 28, 2024
It is possible to determine the worth of Trigon Metals on a given historical date. On February 28, 2024 Trigon was worth 4.5 at the beginning of the trading date compared to the closed value of 4.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trigon Metals stock. Still, in general, we apply an absolute valuation method to find Trigon Metals' 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 Trigon Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trigon Metals' related companies.
| Open | High | Low | Close | Volume | |
| 4.13 | 5.00 | 4.00 | 4.63 | 8,264 | |
02/28/2024 | 4.50 | 4.50 | 4.38 | 4.50 | 1,456 |
| 4.50 | 4.63 | 4.50 | 4.63 | 3,736 |
| Backtest Trigon Metals | | | Trigon Metals History | | | Trigon Metals Valuation | Previous | Next |
Trigon Metals Trading Date Momentum on February 28, 2024
| On February 29 2024 Trigon Metals was traded for 4.63 at the closing time. The top price for the day was 4.63 and the lowest listed price was 4.50 . The trading volume for the day was 3.7 K. The trading history from February 29, 2024 was a factor to the next trading day price increase. The trading price change against the next closing price was 2.89% . The trading price change against the current closing price is 2.67% . |
Trigon Metals Fundamentals Correlations and Trends
By evaluating Trigon Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Trigon Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trigon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trigon Metals Stock history
Trigon Metals 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 Trigon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trigon Metals 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 Trigon Metals stock prices may prove useful in developing a viable investing in Trigon Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 38.9 M | 40.9 M | |
| Net Loss | -5.9 M | -5.6 M |
Trigon Metals Stock Technical Analysis
Trigon Metals 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.
Price Boundaries
Trigon Metals Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Trigon Metals 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.
Trigon Metals December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Trigon Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trigon Metals shares will generate the highest return on investment. By undertsting and applying Trigon Metals stock market strength indicators, traders can identify Trigon Metals entry and exit signals to maximize returns
Trigon Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trigon Metals' price direction in advance. Along with the technical and fundamental analysis of Trigon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trigon 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.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (0.22) |
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| Volume Indicators |
Additional Tools for Trigon Stock Analysis
When running Trigon Metals' price analysis, check to measure Trigon Metals' 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 Trigon Metals is operating at the current time. Most of Trigon Metals' value examination focuses on studying past and present price action to predict the probability of Trigon Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trigon Metals' price. Additionally, you may evaluate how the addition of Trigon Metals to your portfolios can decrease your overall portfolio volatility.