Torque Metals (Australia) Price on February 8, 2024
| TOR Stock | 0.10 0.01 9.09% |
If you're considering investing in Torque Stock, it is important to understand the factors that can impact its price. As of today, the current price of Torque Metals stands at 0.10, as last reported on the 23rd of March, with the highest price reaching 0.11 and the lowest price hitting 0.10 during the day. Torque Metals is out of control given 3 months investment horizon. Torque Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24 % return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Torque Metals Semi Deviation of 2.74, coefficient of variation of 420.05, and Risk Adjusted Performance of 0.2193 to evaluate company specific risk that cannot be diversified away.
At this time, Torque Metals' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 27.5 M in 2025, whereas Capital Stock is likely to drop slightly above 16 M in 2025. . Torque Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Torque |
Sharpe Ratio = 0.2357
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.01 actual daily | 44 56% of assets are more volatile |
Expected Return
| 1.18 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Torque Metals is performing at about 18% 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 Torque Metals by adding it to a well-diversified portfolio.
Price Book 1.1931 | Book Value 0.091 | Enterprise Value 26.2 M | Enterprise Value Ebitda (3.24) | Price Sales 136.5152 |
Torque Metals Valuation on February 8, 2024
It is possible to determine the worth of Torque Metals on a given historical date. On February 8, 2024 Torque was worth 0.21 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Torque Metals stock. Still, in general, we apply an absolute valuation method to find Torque 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 Torque Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Torque Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.21 | 0.21 | 0.21 | 0.21 | 211,981 | |
02/08/2024 | 0.21 | 0.22 | 0.19 | 0.19 | 246,530 |
| 0.20 | 0.20 | 0.19 | 0.19 | 22,528 |
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Torque Metals Trading Date Momentum on February 8, 2024
| On February 09 2024 Torque Metals was traded for 0.19 at the closing time. The maximum traded price for the trading interval was 0.20 and the lowest daily price was 0.19 . The daily volume was recorded at 22.5 K. The volume of trading on 9th of February 2024 did not result in any price rise and fall. The trading price change to the closing price today is 5.26% . |
Torque Metals Fundamentals Correlations and Trends
By evaluating Torque 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 Torque Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Torque financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Torque Metals Stock history
Torque 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 Torque is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Torque 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 Torque Metals stock prices may prove useful in developing a viable investing in Torque Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 158.3 M | 91.2 M | |
| Net Loss | -1.9 M | -1.8 M |
Torque Metals Stock Technical Analysis
Torque 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
Torque Metals Period Price Range
Low | March 23, 2025
| High |
0.00 | 0.00 |
Torque Metals cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Torque Metals March 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Torque 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 Torque Metals shares will generate the highest return on investment. By undertsting and applying Torque Metals stock market strength indicators, traders can identify Torque Metals entry and exit signals to maximize returns
Torque Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Torque Metals' price direction in advance. Along with the technical and fundamental analysis of Torque Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Torque 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 | 0.2193 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | 1.54 | |||
| Sortino Ratio | 0.3021 | |||
| Treynor Ratio | 2.8 |
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Additional Tools for Torque Stock Analysis
When running Torque Metals' price analysis, check to measure Torque 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 Torque Metals is operating at the current time. Most of Torque Metals' value examination focuses on studying past and present price action to predict the probability of Torque Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torque Metals' price. Additionally, you may evaluate how the addition of Torque Metals to your portfolios can decrease your overall portfolio volatility.