Teck Competitors
| TECK Stock | USD 57.85 0.00 0.00% |
Teck Resources vs Alamos Gold Correlation
Poor diversification
The correlation between Teck Resources Ltd and AGI is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Teck Resources Ltd and AGI in the same portfolio, assuming nothing else is changed.
Moving together with Teck Stock
Moving against Teck Stock
| 0.89 | GEO | Empire Metals Limited | PairCorr |
| 0.72 | YT2A | ATRESMEDIA | PairCorr |
| 0.7 | T2G | TRADEGATE | PairCorr |
| 0.66 | EMO | Emerita Resources Corp | PairCorr |
| 0.62 | 3TY | TITAN MACHINERY | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Teck Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Teck Resources Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Teck Resources and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Teck and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Teck Resources does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Teck Stock performing well and Teck Resources Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Teck Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PPG | 1.07 | 0.37 | 0.36 | 0.45 | 0.52 | 3.24 | 6.59 | |||
| STLD | 1.59 | 0.31 | 0.20 | 0.33 | 1.36 | 3.90 | 9.08 | |||
| PKX | 1.96 | 0.27 | 0.08 | (1.16) | 1.96 | 5.01 | 18.39 | |||
| CX | 1.52 | 0.21 | 0.11 | 0.30 | 1.65 | 3.03 | 11.52 | |||
| AMRZ | 1.53 | 0.08 | 0.08 | 0.13 | 1.52 | 3.71 | 7.17 | |||
| RS | 1.07 | 0.28 | 0.26 | 0.40 | 0.60 | 3.17 | 5.44 | |||
| NTR | 1.68 | 0.33 | 0.14 | 0.73 | 1.79 | 3.45 | 12.86 | |||
| JHX | 1.67 | 0.14 | 0.06 | 0.19 | 2.17 | 4.42 | 10.48 | |||
| SQM | 2.44 | 0.60 | 0.18 | 2.15 | 2.64 | 6.23 | 15.98 | |||
| AGI | 2.39 | 0.32 | 0.09 | 0.33 | 3.51 | 5.40 | 18.61 |
Cross Equities Net Income Analysis
Compare Teck Resources and related stocks such as PPG Industries, Steel Dynamics, and POSCO Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PPG | 302.7 M | 1.1 B | 941 M | 3.2 B | 2.1 B | 1.4 B | 873 M | 1.6 B | 1.3 B | 1.2 B | 1.1 B | 1.4 B | 1 B | 1.3 B | 1.1 B | 1.6 B | 919.4 M |
| STLD | (19.9 M) | 278.1 M | 163.6 M | 189.3 M | 157 M | (130.3 M) | 382.1 M | 812.7 M | 1.3 B | 671.1 M | 550.8 M | 3.2 B | 3.9 B | 2.5 B | 1.5 B | 1.2 B | 665.5 M |
| PKX | 928.6 B | 3.6 T | 2.4 T | 1.4 T | 632.7 B | 180.6 B | 1.4 T | 2.8 T | 1.7 T | 1.8 T | 1.6 T | 6.6 T | 3.1 T | 1.7 T | 1.1 T | 658 B | 625.1 B |
| CX | 1 B | (1.4 B) | (925.5 M) | (831.6 M) | (460.4 M) | 69.5 M | 677.3 M | 775 M | 532.6 M | 87.7 M | (1.5 B) | 754.1 M | 858 M | 182 M | 939 M | 963.2 M | 1 B |
| AMRZ | 841 M | 841 M | 841 M | 841 M | 841 M | 841 M | 841 M | 841 M | 841 M | 841 M | 841 M | 841 M | 1.1 B | 956 M | 1.4 B | 1.6 B | 1.2 B |
| RS | 9.2 M | 343.8 M | 403.5 M | 321.6 M | 371.5 M | 311.5 M | 304.3 M | 613.4 M | 633.7 M | 701.5 M | 369.1 M | 1.4 B | 1.8 B | 1.3 B | 875.2 M | 1 B | 1.1 B |
| NTR | 88.9 M | 3.1 B | 2.1 B | 1.8 B | 1.5 B | 1.3 B | 336 M | 327 M | 3.6 B | 992 M | 459 M | 3.2 B | 7.7 B | 1.3 B | 674 M | 775.1 M | 1.1 B |
| JHX | 96.1 M | 604.3 M | 45.5 M | 99.5 M | 291.3 M | 244.4 M | 276.5 M | 146.1 M | 228.8 M | 241.5 M | 262.8 M | 459.1 M | 512 M | 510.2 M | 424 M | 487.6 M | 512 M |
| SQM | 23.3 M | 545.8 M | 649.2 M | 467.1 M | 236.9 M | 220.4 M | 278.3 M | 427.7 M | 439.8 M | 278.1 M | 164.5 M | 585.5 M | 3.9 B | 2 B | (404.4 M) | (465 M) | (441.8 M) |
| AGI | (500 K) | 60.1 M | 118 M | 38.8 M | (169.6 M) | (508.9 M) | (17.9 M) | 26.6 M | (72.6 M) | 96.1 M | 144.2 M | (66.7 M) | 37.1 M | 210 M | 284.3 M | 326.9 M | 343.3 M |
Teck Resources and related stocks such as PPG Industries, Steel Dynamics, and POSCO Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Teck Resources financial statement analysis. It represents the amount of money remaining after all of Teck Resources Ltd operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Teck Resources Competitive Analysis
The better you understand Teck Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Teck Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Teck Resources' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Teck Resources Competition Performance Charts
Five steps to successful analysis of Teck Resources Competition
Teck Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Teck Resources in relation to its competition. Teck Resources' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Teck Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Teck Resources' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Teck Resources, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Teck Resources Correlation with its peers. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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. Comprehensive Teck Resources assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.41) | Dividend Share 0.5 | Earnings Share 1.8 | Revenue Per Share | Quarterly Revenue Growth 0.184 |
Understanding Teck Resources requires distinguishing between market price and book value, where the latter reflects Teck's accounting equity. The concept of intrinsic value - what Teck Resources' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Teck Resources' price substantially above or below its fundamental 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. In contrast, Teck Resources' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.