Tower Resources Stock Price on November 13, 2024
| TWR Stock | CAD 0.11 0.01 8.33% |
Below is the normalized historical share price chart for Tower Resources extending back to January 26, 2004. 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 Tower Resources stands at 0.11, as last reported on the 12th of December 2024, with the highest price reaching 0.11 and the lowest price hitting 0.11 during the day.
If you're considering investing in Tower Stock, it is important to understand the factors that can impact its price. Tower Resources appears to be out of control, given 3 months investment horizon. Tower Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. By inspecting Tower Resources' technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please review Tower Resources' Coefficient Of Variation of 1250.91, risk adjusted performance of 0.0665, and Semi Deviation of 4.13 to confirm if our risk estimates are consistent with your expectations.
At this time, Tower Resources' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 172.2 M in 2024, whereas Common Stock is likely to drop slightly above 17.8 M in 2024. . At this time, Tower Resources' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 1.68 in 2024, despite the fact that Price To Operating Cash Flows Ratio is likely to grow to (47.43). Tower Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.102 | 50 Day MA 0.115 | Beta 0.539 |
Tower |
Sharpe Ratio = 0.1138
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Estimated Market Risk
| 5.98 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Tower Resources is performing at about 8% 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 Tower Resources by adding it to a well-diversified portfolio.
Price Book 1.7702 | Book Value 0.059 | Enterprise Value 15.5 M | Enterprise Value Ebitda (88.87) | Shares Float 131 M |
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Tower Resources Valuation on November 13, 2024
It is possible to determine the worth of Tower Resources on a given historical date. On November 13, 2024 Tower was worth 0.12 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tower Resources stock. Still, in general, we apply an absolute valuation method to find Tower Resources' 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 Tower Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tower Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.13 | 0.13 | 0.12 | 0.12 | 215,500 | |
11/13/2024 | 0.12 | 0.13 | 0.12 | 0.13 | 59,000 |
| 0.13 | 0.13 | 0.13 | 0.13 | 23,500 |
| Backtest Tower Resources | | | Tower Resources History | | | Tower Resources Valuation | Previous | Next |
Tower Resources Trading Date Momentum on November 13, 2024
| On November 14 2024 Tower Resources was traded for 0.13 at the closing time. The highest daily price throughout the period was 0.13 and the lowest price was 0.13 . The daily volume was 23.5 K. The net trading volume on 11/14/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Tower Resources Fundamentals Correlations and Trends
By evaluating Tower Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tower Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tower financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tower Resources Stock history
Tower Resources 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 Tower is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tower Resources 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 Tower Resources stock prices may prove useful in developing a viable investing in Tower Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 164 M | 172.2 M | |
| Net Loss | -405.6 K | -425.9 K |
Tower Resources Quarterly Net Working Capital |
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Tower Resources Stock Technical Analysis
Tower Resources 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
Tower Resources Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Tower Resources 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.
Tower Resources December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Tower Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tower Resources shares will generate the highest return on investment. By undertsting and applying Tower Resources stock market strength indicators, traders can identify Tower Resources entry and exit signals to maximize returns
Tower Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tower Resources' price direction in advance. Along with the technical and fundamental analysis of Tower Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tower 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 | 0.0665 | |||
| Jensen Alpha | 0.5971 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.0328 | |||
| Treynor Ratio | (0.43) |
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Additional Tools for Tower Stock Analysis
When running Tower Resources' price analysis, check to measure Tower Resources' 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 Tower Resources is operating at the current time. Most of Tower Resources' value examination focuses on studying past and present price action to predict the probability of Tower Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tower Resources' price. Additionally, you may evaluate how the addition of Tower Resources to your portfolios can decrease your overall portfolio volatility.