Taiga OTC Pink Sheet Today

TAIMF
 Stock
  

USD 2.79  0.16  6.08%   

Market Performance
0 of 100
Odds Of Distress
Less than 23
Taiga Motors is trading at 2.79 as of the 3rd of December 2022, a 6.08 percent increase since the beginning of the trading day. The stock's lowest day price was 2.62. Taiga Motors has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Taiga Motors are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2022 and ending today, the 3rd of December 2022. Click here to learn more.
Fiscal Year End
May
Category
Consumer Cyclical
Taiga Motors Corporation engages in the research and development, design, production, marketing, and distribution of various electric powersport vehicles. The company was founded in 2015 and is headquartered in LaSalle, Canada. Taiga Mtrs is traded on OTC Exchange in the United States.. The company has 31.78 M outstanding shares of which 0 shares are at this time shorted by private and institutional investors with about 0.0 days to cover all short positions. More on Taiga Motors

Moving together with Taiga Motors

+0.64LCIILCI Industries Upward RallyPairCorr

Moving against Taiga Motors

-0.65FCXFreeport-McMoran Copper Potential GrowthPairCorr
Follow Valuation Odds of Bankruptcy
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Taiga Motors OTC Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Taiga Motors' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Taiga Motors or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Taiga Motors generated a negative expected return over the last 90 days
Taiga Motors has high historical volatility and very poor performance
Net Loss for the year was (100.14 M) with profit before overhead, payroll, taxes, and interest of 0.
Taiga Motors has accumulated about 52.39 M in cash with (43.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.66.
Roughly 33.0% of the company outstanding shares are owned by corporate insiders
Thematic IdeaRecreation (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis 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 Taiga Motors' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Taiga Motors [TAIMF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Micro-Cap' category with current market capitalization of 88.66 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Taiga Motors's market, we take the total number of its shares issued and multiply it by Taiga Motors'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 these looking for more risk prefer small-cap and mid-cap equities. Taiga Motors classifies itself under Consumer Cyclical sector and is part of Recreational Vehicles industry. The entity has 31.78 M outstanding shares of which 0 shares are at this time shorted by private and institutional investors with about 0.0 days to cover all short positions. Taiga Motors has accumulated about 52.39 M in cash with (43.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.66.
Check Taiga Motors Probability Of Bankruptcy
Ownership
Taiga Motors shows a total of thirty-one million seven hundred seventy-eight thousand six hundred outstanding shares. Taiga Motors maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much 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.

Ownership Allocation (%)

Check Taiga Ownership Details

Taiga Stock Price Odds Analysis

What are Taiga Motors' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Taiga Motors jumping above the current price in 90 days from now is more than 94.0%. The Taiga Motors probability density function shows the probability of Taiga Motors otc pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Taiga Motors has a beta of 0.0202. This usually implies as returns on the market go up, Taiga Motors average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Taiga Motors 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. Taiga Motors is significantly underperforming NYSE Composite.
  Odds Below 2.79HorizonTargetOdds Above 2.79
6.06%90 days
 2.79 
93.89%
Based on a normal probability distribution, the odds of Taiga Motors to move above the current price in 90 days from now is more than 94.0 (This Taiga Motors probability density function shows the probability of Taiga OTC Pink Sheet to fall within a particular range of prices over 90 days) .

Taiga Motors Risk Profiles

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

Taiga Stock Against Markets

Picking the right benchmark for Taiga Motors otc pink sheet 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 Taiga Motors otc pink sheet 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 Taiga Motors is critical whether you are bullish or bearish towards Taiga Motors at a given time.
The entity Taiga Motors with a symbol TAIMF was recently relisted or delisted. You can potentially use Taiga Motors with a symbol TAIMF. Please make sure the ticker renaming or change in the classification of Taiga Motors is not a temporary action by the exchange.

Taiga Motors Corporate Management

Elected by the shareholders, the Taiga Motors' board of directors comprises two types of representatives: Taiga Motors inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Taiga. The board's role is to monitor Taiga Motors' management team and ensure that shareholders' interests are well served. Taiga Motors' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Taiga Motors' outside directors are responsible for providing unbiased perspectives on the board's policies.
Samuel Bruneau - CEO CoFounderProfile
Bradley Grill - Communications DirectorProfile
Paul Achard - CoFounder OfficerProfile
Eric Bussieres - Chief OfficerProfile
Anne Plamondon - Gen SecProfile
Jacques Demont - Chief OfficerProfile
Gabriel Bernatchez - CTO CoFounderProfile

Invested in Taiga Motors?

The danger of trading Taiga Motors 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 Taiga Motors 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 Taiga Motors. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Taiga Motors 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.
Additionally, take a look at World Market Map. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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