Trican Well Service Stock Analysis

Trican Pink Sheet Analysis Notes

About 33.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.7. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Trican Well Service last dividend was issued on the 29th of December 2015. The entity had 2:1 split on the 23rd of May 2006. 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.The quote for Trican Well Service is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Trican Well Service contact Dale Dusterhoft at 403 266 0202 or learn more at https://www.tricanwellservice.com.

Trican Well Service Investment Alerts

Trican Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 571.78 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Trican Well's market, we take the total number of its shares issued and multiply it by Trican Well'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.

Trican Profitablity

The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.1.

Technical Drivers

As of the 7th of December, Trican Well has the variance of 4.91, and Coefficient Of Variation of (11,155). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trican Well Service, as well as the relationship between them. Please validate Trican Well Service variance and potential upside to decide if Trican Well is priced more or less accurately, providing market reflects its prevalent price of 3.39 per share. Given that Trican Well Service has information ratio of (0.07), we advise you to double-check Trican Well Service's current market performance to make sure the company can sustain itself at a future point.

Trican Well Service Price Movement Analysis

Trican Well Outstanding Bonds

Trican Well Predictive Daily Indicators

Trican Well Forecast Models

Trican Well's time-series forecasting models are one of many Trican Well's pink sheet 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 Trican Well'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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Trican Well 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 Trican shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Trican Well. By using and applying Trican Pink Sheet analysis, traders can create a robust methodology for identifying Trican entry and exit points for their positions.

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.