Teck Resources Financials
TEKB Stock | EUR 44.32 0.80 1.84% |
Teck |
Understanding current and past Teck Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Teck Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Teck Resources' assets may result in an increase in income on the income statement.
Teck Resources Stock Summary
Teck Resources competes with BHP Group, Rio Tinto, Vale SA, Vale SA, and Glencore Plc. Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. Teck Resources Limited was founded in 1906 and is headquartered in Vancouver, Canada. TECK RES operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10000 people.Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | CA8787422044 |
Business Address | Bentall 5, Vancouver, |
Sector | Basic Materials |
Industry | Industrial Metals & Minerals |
Benchmark | Dow Jones Industrial |
Website | www.teck.com |
Phone | 604 699 4000 |
Currency | EUR - Euro |
You should never invest in Teck Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Teck Stock, because this is throwing your money away. Analyzing the key information contained in Teck Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Teck Resources Key Financial Ratios
There are many critical financial ratios that Teck Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Teck Resources reports annually and quarterly.Return On Equity | 0.16 | |||
Return On Asset | 0.086 | |||
Target Price | 33.56 | |||
Beta | 1.2 | |||
Z Score | 1.2 |
Teck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Teck Resources's current stock value. Our valuation model uses many indicators to compare Teck Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Teck Resources competition to find correlations between indicators driving Teck Resources's intrinsic value. More Info.Teck Resources Ltd is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Teck Resources Ltd is roughly 1.88 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Teck Resources' earnings, one of the primary drivers of an investment's value.Teck Resources Systematic Risk
Teck Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Teck Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Teck Resources correlated with the market. If Beta is less than 0 Teck Resources generally moves in the opposite direction as compared to the market. If Teck Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Teck Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Teck Resources is generally in the same direction as the market. If Beta > 1 Teck Resources moves generally in the same direction as, but more than the movement of the benchmark.
Teck Resources December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Teck Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Teck Resources Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Teck Resources Ltd based on widely used predictive technical indicators. In general, we focus on analyzing Teck Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Teck Resources's daily price indicators and compare them against related drivers.
Downside Deviation | 2.54 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 10.65 | |||
Value At Risk | (3.95) | |||
Potential Upside | 4.25 |
Complementary Tools for Teck Stock analysis
When running Teck Resources' price analysis, check to measure Teck Resources' 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 Teck Resources is operating at the current time. Most of Teck Resources' value examination focuses on studying past and present price action to predict the probability of Teck Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teck Resources' price. Additionally, you may evaluate how the addition of Teck Resources to your portfolios can decrease your overall portfolio volatility.
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