Tc Energy Corp Stock Price on July 26, 2024

TRP Stock  CAD 69.05  0.40  0.58%   
Below is the normalized historical share price chart for TC Energy Corp extending back to December 18, 1989. 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 TC Energy stands at 69.05, as last reported on the 16th of November 2024, with the highest price reaching 69.07 and the lowest price hitting 68.15 during the day.
200 Day MA
52.5882
50 Day MA
62.3347
Beta
0.816
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in TRP Stock, it is important to understand the factors that can impact its price. TC Energy appears to be very steady, given 3 months investment horizon. TC Energy Corp retains Efficiency (Sharpe Ratio) of 0.32, which indicates the company had a 0.32% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for TC Energy, which you can use to evaluate the volatility of the entity. Please review TC Energy's market risk adjusted performance of 1.78, and Standard Deviation of 1.15 to confirm if our risk estimates are consistent with your expectations.
  
At this time, TC Energy's Capital Stock is very stable compared to the past year. Sale Purchase Of Stock is expected to grow at the current pace this year, while Common Stock Shares Outstanding is likely to drop about 567 M. . At this time, TC Energy's Price Book Value Ratio is very stable compared to the past year. As of the 16th of November 2024, Price To Book Ratio is likely to grow to 2.04, while Price To Sales Ratio is likely to drop 1.74. TRP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3154

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Estimated Market Risk

 1.18
  actual daily
10
90% of assets are more volatile

Expected Return

 0.37
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.32
  actual daily
24
76% of assets perform better
Based on monthly moving average TC Energy is performing at about 24% of its full potential. 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 TC Energy by adding it to a well-diversified portfolio.
Price Book
2.5637
Enterprise Value Ebitda
11.6025
Price Sales
4.3055
Shares Float
998.8 M
Dividend Share
3.81

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TC Energy Valuation on July 26, 2024

It is possible to determine the worth of TC Energy on a given historical date. On July 26, 2024 TRP was worth 51.65 at the beginning of the trading date compared to the closed value of 52.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TC Energy stock. Still, in general, we apply an absolute valuation method to find TC Energy's 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 TC Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TC Energy's related companies.
 Open High Low Close Volume
  51.26    52.08    51.18    51.49    5,153,539  
07/26/2024
  51.65    52.09    51.46    52.08    5,476,769  
  52.14    52.57    51.92    52.07    3,279,634  
Backtest TC Energy  |  TC Energy History  |  TC Energy Valuation   PreviousNext  
Open Value
51.65
52.08
Closing Value
55.18
Upside

TC Energy Trading Date Momentum on July 26, 2024

On July 29 2024 TC Energy Corp was traded for  52.07  at the closing time. The maximum traded price for the trading interval was 52.57  and the lowest daily price was  51.92 . The daily volume was recorded at 3.3 M. The volume of trading on 29th of July 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.02% . The trading price change to the closing price today is 0.04% .

TC Energy Corp Fundamentals Correlations and Trends

By evaluating TC Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TC Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TRP financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About TC Energy Stock history

TC Energy 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 TRP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TC Energy Corp 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 TC Energy stock prices may prove useful in developing a viable investing in TC Energy
Last ReportedProjected for Next Year
Common Stock Shares OutstandingB567 M
Net Income Applicable To Common Shares737.1 M700.3 M

TC Energy Stock Technical Analysis

TC Energy 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.
A focus of TC Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TC Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

TC Energy Period Price Range

Low
November 16, 2024
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High

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 0.00 

TC Energy Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

TC Energy November 16, 2024 Market Strength

Market strength indicators help investors to evaluate how TC Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TC Energy shares will generate the highest return on investment. By undertsting and applying TC Energy stock market strength indicators, traders can identify TC Energy Corp entry and exit signals to maximize returns

TC Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for TC Energy's price direction in advance. Along with the technical and fundamental analysis of TRP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TRP 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.
When determining whether TC Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TRP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tc Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Tc Energy Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Please note, there is a significant difference between TC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if TC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TC Energy'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.