True North Commercial Stock Analysis

True Stock Analysis Notes

The company has price-to-book ratio of 0.38. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. True North Commercial recorded a loss per share of 0.83. The entity last dividend was issued on the 30th of October 2023. The firm had 173:1000 split on the 24th of November 2023. The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist. TRUE NORTH operates under REIT - Diversified classification in Canada and is traded on Toronto Stock Exchange. To find out more about True North Commercial contact Daniel Cook at 416 234 8444 or learn more at https://www.truenorthreit.com.

True North Commercial Investment Alerts

True Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 166.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate True North's market, we take the total number of its shares issued and multiply it by True North's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

True Profitablity

The company has Profit Margin (PM) of (0.39) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.49 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.49.

Management Efficiency

True North Commercial has return on total asset (ROA) of 0.0297 % which means that it generated a profit of $0.0297 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1066) %, meaning that it generated substantial loss on money invested by shareholders. True North's management efficiency ratios could be used to measure how well True North manages its routine affairs as well as how well it operates its assets and liabilities. As of December 1, 2024, Return On Tangible Assets is expected to decline to -0.03. In addition to that, Return On Capital Employed is expected to decline to 0.03. At present, True North's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 74.7 M, whereas Total Assets are forecasted to decline to about 908.5 M.

Technical Drivers

As of the 1st of December, True North has the Risk Adjusted Performance of 0.065, coefficient of variation of 1333.82, and Semi Deviation of 2.61. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of True North Commercial, as well as the relationship between them.

True North Commercial Price Movement Analysis

True North Outstanding Bonds

True North Predictive Daily Indicators

True North Forecast Models

True North's time-series forecasting models are one of many True North's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary True North's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how True North prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling True shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as True North. By using and applying True Stock analysis, traders can create a robust methodology for identifying True entry and exit points for their positions.

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