Tourmaline Oil Corp Stock Price on November 27, 2024

TRMLF Stock  USD 44.73  1.37  2.97%   
If you're considering investing in Tourmaline Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Tourmaline Oil stands at 44.73, as last reported on the 4th of March, with the highest price reaching 46.16 and the lowest price hitting 44.35 during the day. Tourmaline Oil Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Tourmaline Oil Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tourmaline Oil's Risk Adjusted Performance of (0.04), coefficient of variation of (1,790), and Variance of 3.31 to confirm the risk estimate we provide.
  
Tourmaline Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -4.0E-4

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Estimated Market Risk

 1.84
  actual daily
16
84% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tourmaline Oil 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 Tourmaline Oil by adding Tourmaline Oil to a well-diversified portfolio.

Tourmaline Oil Valuation on November 27, 2024

It is possible to determine the worth of Tourmaline Oil on a given historical date. On November 27, 2024 Tourmaline was worth 46.8 at the beginning of the trading date compared to the closed value of 46.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tourmaline Oil pink sheet. Still, in general, we apply an absolute valuation method to find Tourmaline Oil'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 Tourmaline Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tourmaline Oil's related companies.
 Open High Low Close Volume
  48.20    48.20    46.59    47.11    16,165  
11/27/2024
  46.80    47.10    46.58    46.68    52,570  
  47.44    47.66    47.11    47.11    3,714  
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Open Value
46.8
46.68
Closing Value
52.32
Upside

Tourmaline Oil Trading Date Momentum on November 27, 2024

On November 29 2024 Tourmaline Oil Corp was traded for  47.11  at the closing time. The highest daily price throughout the period was 47.66  and the lowest price was  47.11 . The daily volume was 3.7 K. The net trading volume on 11/29/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 0.92% . The trading price change to current closing price is 4.50% .

Tourmaline Oil Corp Fundamentals Correlations and Trends

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

About Tourmaline Oil Pink Sheet history

Tourmaline Oil 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 Tourmaline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tourmaline Oil 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 Tourmaline Oil stock prices may prove useful in developing a viable investing in Tourmaline Oil
Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. The company was incorporated in 2008 and is headquartered in Calgary, Canada. TOURMALINE OIL operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 322 people.

Tourmaline Oil Pink Sheet Technical Analysis

Tourmaline Oil technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Tourmaline Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tourmaline Oil 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

Tourmaline Oil Period Price Range

Low
March 4, 2025
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High

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Tourmaline Oil Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Tourmaline Oil March 4, 2025 Market Strength

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

Tourmaline Oil Technical and Predictive Indicators

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

Complementary Tools for Tourmaline Pink Sheet analysis

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