Trican Well Service Stock Price Prediction
| TCW Stock | CAD 4.84 0.03 0.62% |
Oversold Vs Overbought
50
Oversold | Overbought |
Quarterly Earnings Growth (0.29) | EPS Estimate Next Quarter 0.1 | EPS Estimate Current Year 0.5117 | EPS Estimate Next Year 0.5383 | Wall Street Target Price 5.6875 |
Using Trican Well hype-based prediction, you can estimate the value of Trican Well Service from the perspective of Trican Well response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Trican Well to buy its stock at a price that has no basis in reality. In that case, they are not buying Trican because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Trican Well after-hype prediction price | CAD 4.84 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Trican |
Trican Well After-Hype Price Prediction Density Analysis
As far as predicting the price of Trican Well at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Trican Well or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Trican Well, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Trican Well Estimiated After-Hype Price Volatility
In the context of predicting Trican Well's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Trican Well's historical news coverage. Trican Well's after-hype downside and upside margins for the prediction period are 2.75 and 6.93, respectively. We have considered Trican Well's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Trican Well is slightly risky at this time. Analysis and calculation of next after-hype price of Trican Well Service is based on 3 months time horizon.
Trican Well Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Trican Well is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Trican Well backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Trican Well, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.02 | 2.07 | 0.00 | 0.01 | 3 Events / Month | 1 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
4.84 | 4.84 | 0.00 |
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Trican Well Hype Timeline
Trican Well Service is at this time traded for 4.84on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Trican is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.02%. %. The volatility of related hype on Trican Well is about 420.3%, with the expected price after the next announcement by competition of 4.83. About 31.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.92. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Trican Well Service has Price/Earnings To Growth (PEG) ratio of 0.87. The entity last dividend was issued on the 13th of December 2024. The firm had 2:1 split on the 23rd of May 2006. Assuming the 90 days trading horizon the next anticipated press release will be in about 3 days. Check out Trican Well Basic Forecasting Models to cross-verify your projections.Trican Well Related Hype Analysis
Having access to credible news sources related to Trican Well's direct competition is more important than ever and may enhance your ability to predict Trican Well's future price movements. Getting to know how Trican Well's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Trican Well may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CFW | Calfrac Well Services | (0.18) | 1 per month | 0.00 | (0.10) | 2.41 | (2.30) | 7.78 | |
| PD | Precision Drilling | (2.01) | 4 per month | 0.00 | (0.11) | 2.96 | (4.14) | 11.05 | |
| ESI | Ensign Energy Services | 0.20 | 4 per month | 1.96 | 0.07 | 4.12 | (3.17) | 11.72 | |
| BIR | Birchcliff Energy | 0.02 | 2 per month | 0.00 | (0.13) | 3.04 | (3.70) | 9.34 |
Trican Well Additional Predictive Modules
Most predictive techniques to examine Trican price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Trican using various technical indicators. When you analyze Trican charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Trican Well Predictive Indicators
The successful prediction of Trican Well stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Trican Well Service, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Trican Well based on analysis of Trican Well hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Trican Well's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Trican Well's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.0346 | 0.0294 | Price To Sales Ratio | 0.92 | 1.76 |
Story Coverage note for Trican Well
The number of cover stories for Trican Well depends on current market conditions and Trican Well's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Trican Well is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Trican Well's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Trican Well Short Properties
Trican Well's future price predictability will typically decrease when Trican Well's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Trican Well Service often depends not only on the future outlook of the potential Trican Well's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Trican Well's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 221.5 M | |
| Cash And Short Term Investments | 88.8 M |
Other Information on Investing in Trican Stock
Trican Well financial ratios help investors to determine whether Trican 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 Trican with respect to the benefits of owning Trican Well security.