Tricon Capital Group Stock Today
| TCN Stock | CAD 15.08 0.05 0.33% |
Performance5 of 100
| Odds Of DistressLess than 10
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Tricon Capital is selling at 15.08 as of the 24th of April 2024; that is -0.33 percent decrease since the beginning of the trading day. The stock's open price was 15.13. Tricon Capital has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Tricon Capital Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | Category Real Estate |
Tricon Capital Group Inc. is a principal investor and asset manager primarily focused on rental housing in North America. Tricon Capital Group Inc. was founded in 1988 and is based in Toronto, Canada with an additional office in San Francisco, California. The company has 272.64 M outstanding shares of which 1.55 M shares are at this time shorted by private and institutional investors with about 1.67 days to cover all short positions. More on Tricon Capital Group
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Tricon Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tricon Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tricon Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Gary Berman | ||||
| Business Concentration | Real Estate Management & Development, Equity Real Estate Investment Trusts (REITs), Real Estate, Real Estate, Real Estate Management & Development, Real Estate Services, Real Estate (View all Sectors) | ||||
Tricon Capital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tricon Capital's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tricon Capital's financial leverage. It provides some insight into what part of Tricon Capital's total assets is financed by creditors.
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Tricon Capital Group (TCN) is traded on Toronto Exchange in Canada and employs 978 people. Tricon Capital is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tricon Capital's market, we take the total number of its shares issued and multiply it by Tricon Capital'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. Tricon Capital Group operates under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 272.64 M outstanding shares of which 1.55 M shares are at this time shorted by private and institutional investors with about 1.67 days to cover all short positions.
Tricon Capital Group has accumulated about 33.42 M in cash with 172.09 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
Check Tricon Capital Probability Of Bankruptcy
Ownership AllocationTricon Capital Group shows a total of 272.64 Million outstanding shares. The majority of Tricon Capital Group outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tricon Capital to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tricon Capital Group. Please pay attention to any change in the institutional holdings of Tricon Capital Group as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tricon Ownership Details
Tricon Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Tricon Capital jumping above the current price in 90 days from now is about 40.13%. The Tricon Capital Group probability density function shows the probability of Tricon Capital stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Tricon Capital has a beta of 0.4372. This usually implies as returns on the market go up, Tricon Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tricon Capital Group will be expected to be much smaller as well. Additionally, tricon Capital Group has an alpha of 0.3999, implying that it can generate a 0.4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Tricon Capital to move above the current price in 90 days from now is about 40.13 (This Tricon Capital Group probability density function shows the probability of Tricon Stock to fall within a particular range of prices over 90 days) .
Tricon Capital Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tricon Capital market risk premium is the additional return an investor will receive from holding Tricon Capital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tricon Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Tricon Capital's alpha and beta are two of the key measurements used to evaluate Tricon Capital's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8756 | |||
| Standard Deviation | 3.38 | |||
| Variance | 11.39 | |||
| Downside Variance | 0.1121 |
Tricon Stock Against Markets
Picking the right benchmark for Tricon Capital stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tricon Capital stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tricon Capital is critical whether you are bullish or bearish towards Tricon Capital Group at a given time. Please also check how Tricon Capital's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tricon Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Tricon Capital Corporate Directors
Tricon Capital corporate directors refer to members of a Tricon Capital board of directors. The board of directors generally takes responsibility for the Tricon Capital's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Tricon Capital's board members must vote for the resolution. The Tricon Capital board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Eric Scott | Lead Independent Director | Profile | |
| Peter Sacks | Lead Independent Director | Profile | |
| Michael Knowlton | Independent Director | Profile | |
| Craig Mode | Managing Director | Profile |
How to buy Tricon Stock?
Before investing in Tricon Capital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tricon Capital. To buy Tricon Capital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tricon Capital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Tricon Capital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tricon Capital Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Tricon Capital Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Tricon Capital Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Tricon Stock please use our How to Invest in Tricon Capital guide.
Already Invested in Tricon Capital Group?
The danger of trading Tricon Capital Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tricon Capital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tricon Capital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tricon Capital Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Tricon Capital Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tricon Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tricon Capital Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tricon Capital Group Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tricon Capital Group. 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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Tricon Stock analysis
When running Tricon Capital's price analysis, check to measure Tricon Capital'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 Tricon Capital is operating at the current time. Most of Tricon Capital's value examination focuses on studying past and present price action to predict the probability of Tricon Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tricon Capital's price. Additionally, you may evaluate how the addition of Tricon Capital to your portfolios can decrease your overall portfolio volatility.
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