Teck Resources Ltd Stock Price on September 27, 2024
| TECK Stock | USD 44.99 0.39 0.86% |
Below is the normalized historical share price chart for Teck Resources Ltd extending back to June 29, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Teck Resources stands at 44.99, as last reported on the 17th of November 2024, with the highest price reaching 46.13 and the lowest price hitting 44.76 during the day.
If you're considering investing in Teck Stock, it is important to understand the factors that can impact its price. Teck Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0428, which indicates the firm had a -0.0428% return per unit of risk over the last 3 months. Teck Resources Ltd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teck Resources' Coefficient Of Variation of (2,648), variance of 5.39, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
At this time, Teck Resources' Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 59 B this year, although the value of Common Stock Total Equity will most likely fall to about 4.6 B. . At this time, Teck Resources' Price Sales Ratio is quite stable compared to the past year. Price Fair Value is expected to rise to 1.25 this year, although the value of Price To Free Cash Flows Ratio is projected to rise to (16.26). Teck Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of July 2002 | 200 Day MA 46.9678 | 50 Day MA 48.7328 | Beta 1.361 |
Teck |
Sharpe Ratio = -0.0428
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| Negative Returns | TECK |
Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Teck Resources is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Teck Resources by adding Teck Resources to a well-diversified portfolio.
Price Book 1.2973 | Enterprise Value Ebitda 5.9912 | Price Sales 1.3874 | Shares Float 468.5 M | Dividend Share 0.5 |
Teck Resources Main Headline on 27th of September 2024
Teck Resources dividend paid on 27th of September 2024 |
Teck Resources Valuation on September 27, 2024
It is possible to determine the worth of Teck Resources on a given historical date. On September 27, 2024 Teck was worth 53.4 at the beginning of the trading date compared to the closed value of 52.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Teck Resources stock. Still, in general, we apply an absolute valuation method to find Teck Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Teck Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Teck Resources' related companies.
| Open | High | Low | Close | Volume | |
| 52.00 | 54.13 | 51.88 | 53.40 | 5,718,842 | |
09/27/2024 | 53.40 | 53.63 | 51.96 | 52.44 | 5,233,185 |
| 51.85 | 52.41 | 51.54 | 52.24 | 2,947,441 |
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Teck Resources Trading Date Momentum on September 27, 2024
| On September 30 2024 Teck Resources Ltd was traded for 52.24 at the closing time. The top price for the day was 52.41 and the lowest listed price was 51.54 . The trading volume for the day was 2.9 M. The trading history from September 30, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.38% . The trading price change against the current closing price is 1.41% . |
Teck Resources Fundamentals Correlations and Trends
By evaluating Teck Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Teck Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Teck financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Teck Resources Stock history
Teck Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Teck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Teck Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Teck Resources stock prices may prove useful in developing a viable investing in Teck Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 525.3 M | 475 M | |
| Net Income Applicable To Common Shares | 3.8 B | 4 B |
Teck Resources Quarterly Net Working Capital |
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Teck Resources Stock Technical Analysis
Teck Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Teck Resources Period Price Range
Low | November 17, 2024
| High |
0.00 | 0.00 |
Teck Resources Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Teck Resources November 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Teck Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teck Resources shares will generate the highest return on investment. By undertsting and applying Teck Resources stock market strength indicators, traders can identify Teck Resources Ltd entry and exit signals to maximize returns
Teck Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Teck Resources' price direction in advance. Along with the technical and fundamental analysis of Teck Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Teck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.07) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teck Resources. If investors know Teck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teck Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Dividend Share 0.5 | Earnings Share 2.07 | Revenue Per Share 32.13 | Quarterly Revenue Growth 0.437 |
The market value of Teck Resources is measured differently than its book value, which is the value of Teck that is recorded on the company's balance sheet. Investors also form their own opinion of Teck Resources' value that differs from its market value or its book value, called intrinsic value, which is Teck Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teck Resources' market value can be influenced by many factors that don't directly affect Teck Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teck Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teck Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teck Resources' 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.