Tree Island Steel Stock Price on September 27, 2024
| TSL Stock | CAD 3.11 0.06 1.97% |
Below is the normalized historical share price chart for Tree Island Steel extending back to November 12, 2002. 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 Tree Island stands at 3.11, as last reported on the 29th of November, with the highest price reaching 3.11 and the lowest price hitting 3.01 during the day.
If you're considering investing in Tree Stock, it is important to understand the factors that can impact its price. Tree Island appears to be relatively risky, given 3 months investment horizon. Tree Island Steel owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tree Island Steel, which you can use to evaluate the volatility of the company. Please review Tree Island's Semi Deviation of 2.39, risk adjusted performance of 0.0609, and Coefficient Of Variation of 1423.88 to confirm if our risk estimates are consistent with your expectations.
As of the 29th of November 2024, Total Stockholder Equity is likely to drop to about 69.1 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 22 M. At this time, Tree Island's Price Fair Value is very stable compared to the past year. Tree Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.0024 | 50 Day MA 2.8314 | Beta 0.944 |
Tree |
Sharpe Ratio = 0.1223
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Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Tree Island is performing at about 9% 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 Tree Island by adding it to a well-diversified portfolio.
Price Book 0.6471 | Enterprise Value Ebitda 13.5252 | Price Sales 0.38 | Shares Float 9.4 M | Dividend Share 0.12 |
Tree Island Valuation on September 27, 2024
It is possible to determine the worth of Tree Island on a given historical date. On September 27, 2024 Tree was worth 2.6 at the beginning of the trading date compared to the closed value of 2.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tree Island stock. Still, in general, we apply an absolute valuation method to find Tree Island'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 Tree Island where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tree Island's related companies.
| Open | High | Low | Close | Volume | |
| 2.59 | 2.60 | 2.57 | 2.59 | 9,850 | |
09/27/2024 | 2.60 | 2.69 | 2.60 | 2.69 | 16,900 |
| 2.67 | 2.67 | 2.67 | 2.67 | 162.00 |
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Tree Island Trading Date Momentum on September 27, 2024
| On September 30 2024 Tree Island Steel was traded for 2.67 at the closing time. The maximum traded price for the trading interval was 2.67 and the lowest daily price was 2.67 . The daily volume was recorded at 162. The volume of trading on 30th of September 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.74% . The trading price change to the closing price today is 2.60% . |
Tree Island Steel Fundamentals Correlations and Trends
By evaluating Tree Island'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 Tree Island's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tree financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tree Island Stock history
Tree Island 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 Tree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tree Island Steel 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 Tree Island stock prices may prove useful in developing a viable investing in Tree Island
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 27.8 M | 22 M | |
| Net Income Applicable To Common Shares | 38.1 M | 40 M |
Tree Island Quarterly Net Working Capital |
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Tree Island Stock Technical Analysis
Tree Island 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
Tree Island Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Tree Island Steel 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.
Tree Island November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tree Island stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tree Island shares will generate the highest return on investment. By undertsting and applying Tree Island stock market strength indicators, traders can identify Tree Island Steel entry and exit signals to maximize returns
Tree Island Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tree Island's price direction in advance. Along with the technical and fundamental analysis of Tree Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tree 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 | 0.0609 | |||
| Jensen Alpha | 0.0821 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0218 | |||
| Treynor Ratio | 0.2167 |
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Other Information on Investing in Tree Stock
Tree Island financial ratios help investors to determine whether Tree 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 Tree with respect to the benefits of owning Tree Island security.