Tourmaline Historical Valuation

TOU Stock  CAD 67.37  0.99  1.49%   
Some fundamental drivers such as market cap or Tourmaline Oil enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Tourmaline Oil Corp valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Tourmaline Oil's future value.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tourmaline Oil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Tourmaline Valuation Data Analysis

Valuation is the financial process of determining what Tourmaline Oil is worth. Tourmaline Oil valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Tourmaline Oil valuation ratios help investors to determine whether Tourmaline 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 Tourmaline with respect to the benefits of owning Tourmaline Oil security.

Tourmaline Oil Valuation Data Chart

Tourmaline valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of Tourmaline equity instrument and the benefits of owning shares of Tourmaline Oil Corp.
As of the 10th of May 2024, Market Cap is likely to grow to about 21.3 B. Also, Enterprise Value is likely to grow to about 22.5 B

Enterprise Value

Enterprise Value (or EV) is usually referred to as Tourmaline Oil theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Tourmaline Oil Corp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Tourmaline Oil value than its market capitalization because it takes into account all of Tourmaline Oil Corp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tourmaline Oil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Tourmaline Stock analysis

When running Tourmaline Oil's price analysis, check to measure Tourmaline Oil'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 Tourmaline Oil is operating at the current time. Most of Tourmaline Oil's value examination focuses on studying past and present price action to predict the probability of Tourmaline Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tourmaline Oil's price. Additionally, you may evaluate how the addition of Tourmaline Oil to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Tourmaline Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tourmaline Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tourmaline Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.