Trican Well Service Stock Performance
| TOLWF Stock | USD 3.40 0.13 3.68% |
The entity has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Trican Well are expected to decrease at a much lower rate. During the bear market, Trican Well is likely to outperform the market. At this point, Trican Well Service has a negative expected return of -0.0026%. Please make sure to validate Trican Well's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Trican Well Service performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Trican Well Service has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Trican Well is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 22.6 M | |
| Total Cashflows From Investing Activities | -39.4 M |
Trican |
Trican Well Relative Risk vs. Return Landscape
If you would invest 346.00 in Trican Well Service on September 9, 2024 and sell it today you would lose (6.00) from holding Trican Well Service or give up 1.73% of portfolio value over 90 days. Trican Well Service is currently producing negative expected returns and takes up 2.2206% volatility of returns over 90 trading days. Put another way, 19% of traded pink sheets are less volatile than Trican, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Trican Well Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trican Well's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Trican Well Service, and traders can use it to determine the average amount a Trican Well's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0012
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TOLWF |
Estimated Market Risk
| 2.22 actual daily | 19 81% 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 Trican Well 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 Trican Well by adding Trican Well to a well-diversified portfolio.
Trican Well Fundamentals Growth
Trican Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Trican Well, and Trican Well fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Trican Pink Sheet performance.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0768 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 623.49 M | |||
| Shares Outstanding | 231.49 M | |||
| Price To Earning | 28.30 X | |||
| Price To Book | 1.70 X | |||
| Price To Sales | 0.80 X | |||
| Revenue | 562.48 M | |||
| EBITDA | 101.76 M | |||
| Cash And Equivalents | 58.3 M | |||
| Cash Per Share | 0.24 X | |||
| Total Debt | 41.66 M | |||
| Debt To Equity | 0.09 % | |||
| Book Value Per Share | 2.10 X | |||
| Cash Flow From Operations | 74.1 M | |||
| Earnings Per Share | 0.19 X | |||
| Total Asset | 577.84 M | |||
About Trican Well Performance
By analyzing Trican Well's fundamental ratios, stakeholders can gain valuable insights into Trican Well's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Trican Well has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Trican Well has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada. TRICAN WELL operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 1032 people.Things to note about Trican Well Service performance evaluation
Checking the ongoing alerts about Trican Well for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Trican Well Service help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trican Well Service generated a negative expected return over the last 90 days |
- Analyzing Trican Well's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Trican Well's stock is overvalued or undervalued compared to its peers.
- Examining Trican Well's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Trican Well's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trican Well's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trican Well's pink sheet. These opinions can provide insight into Trican Well's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Trican Pink Sheet analysis
When running Trican Well's price analysis, check to measure Trican Well'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 Trican Well is operating at the current time. Most of Trican Well's value examination focuses on studying past and present price action to predict the probability of Trican Well's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trican Well's price. Additionally, you may evaluate how the addition of Trican Well to your portfolios can decrease your overall portfolio volatility.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |