Tourmaline Oil's market value is the price at which a share of Tourmaline Oil trades on a public exchange. It measures the collective expectations of Tourmaline Oil Corp investors about its performance. Tourmaline Oil is trading at 44.81 as of the 27th of July 2025. This is a 0.07% up since the beginning of the trading day. The stock's lowest day price was 44.81. With this module, you can estimate the performance of a buy and hold strategy of Tourmaline Oil Corp and determine expected loss or profit from investing in Tourmaline Oil over a given investment horizon. Check out Tourmaline Oil Correlation, Tourmaline Oil Volatility and Tourmaline Oil Alpha and Beta module to complement your research on Tourmaline Oil.
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.
Tourmaline Oil 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tourmaline Oil's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tourmaline Oil.
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04/28/2025
No Change 0.00
0.0
In 2 months and 31 days
07/27/2025
0.00
If you would invest 0.00 in Tourmaline Oil on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Tourmaline Oil Corp or generate 0.0% return on investment in Tourmaline Oil over 90 days. Tourmaline Oil is related to or competes with Birchcliff Energy, MEG Energy, Tamarack Valley, Whitecap Resources, and Paramount Resources. Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadi... More
Tourmaline Oil Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tourmaline Oil's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tourmaline Oil Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tourmaline Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tourmaline Oil's standard deviation. In reality, there are many statistical measures that can use Tourmaline Oil historical prices to predict the future Tourmaline Oil's volatility.
At this point, Tourmaline Oil is very steady. Tourmaline Oil Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0104, which indicates the firm had a 0.0104 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tourmaline Oil Corp, which you can use to evaluate the volatility of the company. Please validate Tourmaline Oil's Coefficient Of Variation of 10797.03, semi deviation of 1.37, and Risk Adjusted Performance of 0.0121 to confirm if the risk estimate we provide is consistent with the expected return of 0.0161%. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tourmaline Oil are expected to decrease at a much lower rate. During the bear market, Tourmaline Oil is likely to outperform the market. Tourmaline Oil Corp right now has a risk of 1.56%. Please validate Tourmaline Oil skewness, and the relationship between the potential upside and rate of daily change , to decide if Tourmaline Oil will be following its existing price patterns.
Auto-correlation
-0.65
Very good reverse predictability
Tourmaline Oil Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Tourmaline Oil time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tourmaline Oil Corp price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Tourmaline Oil price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.65
Spearman Rank Test
-0.67
Residual Average
0.0
Price Variance
2.3
Tourmaline Oil Corp lagged returns against current returns
Autocorrelation, which is Tourmaline Oil pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Tourmaline Oil's pink sheet expected returns. We can calculate the autocorrelation of Tourmaline Oil returns to help us make a trade decision. For example, suppose you find that Tourmaline Oil has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Tourmaline Oil regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Tourmaline Oil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tourmaline Oil pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tourmaline Oil pink sheet over time.
Current vs Lagged Prices
Timeline
Tourmaline Oil Lagged Returns
When evaluating Tourmaline Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tourmaline Oil pink sheet have on its future price. Tourmaline Oil autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Tourmaline Oil autocorrelation shows the relationship between Tourmaline Oil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tourmaline Oil Corp.
Other Information on Investing in Tourmaline Pink Sheet
Tourmaline Oil financial ratios help investors to determine whether Tourmaline Pink Sheet 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.