T2 Metals Corp Stock Today

TWO Stock   0.13  0.01  7.14%   


0 of 100

Very Weak

Odds Of Distress

Over 69

Quite High
T2 Metals is selling for under 0.13 as of the 29th of November 2023; that is -7.14 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.13. T2 Metals has more than 69 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for T2 Metals Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2021 and ending today, the 29th of November 2023. Click here to learn more.
Business Domain
Basic Materials
Twoco Petroleums Ltd., an oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company has 28.9 M outstanding shares of which 1.36 K shares are at this time shorted by private and institutional investors with about 0.45 days to cover all short positions. More on T2 Metals Corp

Moving together with TWO Stock

+0.72TSLTree Island SteelPairCorr

Moving against TWO Stock

-0.79LNLoncor ResourcesPairCorr
-0.76BEXBenton ResourcesPairCorr
-0.51CHE-UNChemtrade LogisticsPairCorr
-0.51PNEPine Cliff EnergyPairCorr
Follow Valuation Odds of Bankruptcy
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TWO 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. T2 Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding T2 Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, Heavy Metals, Aluminum, Copper (View all Sectors)
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of T2 Metals' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
T2 Metals Corp (TWO) is traded on TSX Venture Exchange in Canada and employs 1 people. T2 Metals is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate T2 Metals's market, we take the total number of its shares issued and multiply it by T2 Metals'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. T2 Metals Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 28.9 M outstanding shares of which 1.36 K shares are at this time shorted by private and institutional investors with about 0.45 days to cover all short positions. T2 Metals Corp has accumulated about 57.87 K in cash with 1.67 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check T2 Metals Probability Of Bankruptcy
T2 Metals Corp shows a total of 28.9 Million outstanding shares. T2 Metals Corp owns 16.2 % of its outstanding shares held by insiders and 0.0 % owned by institutions. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check TWO Ownership Details

TWO Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of T2 Metals jumping above the current price in 90 days from now is more than 94.0%. The T2 Metals Corp probability density function shows the probability of T2 Metals stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon T2 Metals has a beta of 0.3486. This usually implies as returns on the market go up, T2 Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding T2 Metals Corp will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. T2 Metals Corp is significantly underperforming NYSE Composite.
  Odds Below 0.13HorizonTargetOdds Above 0.13
6.26%90 days
Based on a normal probability distribution, the odds of T2 Metals to move above the current price in 90 days from now is more than 94.0 (This T2 Metals Corp probability density function shows the probability of TWO Stock to fall within a particular range of prices over 90 days) .

T2 Metals Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. T2 Metals market risk premium is the additional return an investor will receive from holding T2 Metals 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 T2 Metals. 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 T2 Metals' alpha and beta are two of the key measurements used to evaluate T2 Metals' performance over the market, the standard measures of volatility play an important role as well.

TWO Stock Against Markets

Picking the right benchmark for T2 Metals 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 T2 Metals 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 T2 Metals is critical whether you are bullish or bearish towards T2 Metals Corp at a given time. Please also check how T2 Metals' 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 T2 Metals 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.

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How to buy TWO Stock?

Before investing in T2 Metals, 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 T2 Metals. To buy T2 Metals stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of T2 Metals. 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 T2 Metals stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located T2 Metals Corp 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 T2 Metals Corp 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 T2 Metals Corp, 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.

Already Invested in T2 Metals Corp?

The danger of trading T2 Metals Corp 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 T2 Metals 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 T2 Metals. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile T2 Metals Corp 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T2 Metals 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 bureau of economic analysis.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running T2 Metals' price analysis, check to measure T2 Metals' 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 T2 Metals is operating at the current time. Most of T2 Metals' value examination focuses on studying past and present price action to predict the probability of T2 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T2 Metals' price. Additionally, you may evaluate how the addition of T2 Metals to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between T2 Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if T2 Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T2 Metals' 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.