TC Energy Stock Forecast - Triple Exponential Smoothing

TRP Stock  CAD 78.78  0.43  0.55%   
TRP Stock outlook is based on your current time horizon. Although TC Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of TC Energy's systematic risk associated with finding meaningful patterns of TC Energy fundamentals over time.
The value of relative strength index of TC Energy's stock price is about 64. This usually implies that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling TRP, making its price go up or down.

Momentum 64

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of TC Energy's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with TC Energy Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting TC Energy's stock price prediction:
Quarterly Earnings Growth
(0.58)
EPS Estimate Next Quarter
0.9987
EPS Estimate Current Year
3.4605
EPS Estimate Next Year
3.7618
Wall Street Target Price
79.2727
Using TC Energy hype-based prediction, you can estimate the value of TC Energy Corp from the perspective of TC Energy response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of TC Energy Corp on the next trading day is expected to be 78.73 with a mean absolute deviation of 0.66 and the sum of the absolute errors of 39.65.

TC Energy after-hype prediction price

    
  CAD 78.78  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of TC Energy to cross-verify your projections.

TC Energy Additional Predictive Modules

Most predictive techniques to examine TRP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TRP using various technical indicators. When you analyze TRP charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Triple exponential smoothing for TC Energy - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When TC Energy prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in TC Energy price movement. However, neither of these exponential smoothing models address any seasonality of TC Energy Corp.

TC Energy Triple Exponential Smoothing Price Forecast For the 30th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of TC Energy Corp on the next trading day is expected to be 78.73 with a mean absolute deviation of 0.66, mean absolute percentage error of 0.67, and the sum of the absolute errors of 39.65.
Please note that although there have been many attempts to predict TRP Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that TC Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

TC Energy Stock Forecast Pattern

Backtest TC Energy  TC Energy Price Prediction  Buy or Sell Advice  

TC Energy Forecasted Value

In the context of forecasting TC Energy's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. TC Energy's downside and upside margins for the forecasting period are 77.67 and 79.79, respectively. We have considered TC Energy's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
78.78
78.73
Expected Value
79.79
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of TC Energy stock data series using in forecasting. Note that when a statistical model is used to represent TC Energy stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.2038
MADMean absolute deviation0.6608
MAPEMean absolute percentage error0.0088
SAESum of the absolute errors39.65
As with simple exponential smoothing, in triple exponential smoothing models past TC Energy observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older TC Energy Corp observations.

Predictive Modules for TC Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TC Energy Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
77.7278.7879.84
Details
Intrinsic
Valuation
LowRealHigh
75.3776.4386.66
Details
Bollinger
Band Projection (param)
LowMiddleHigh
73.4675.8378.20
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.830.930.90
Details

TC Energy After-Hype Price Density Analysis

As far as predicting the price of TC Energy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in TC Energy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of TC Energy, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

TC Energy Estimiated After-Hype Price Volatility

In the context of predicting TC Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TC Energy's historical news coverage. TC Energy's after-hype downside and upside margins for the prediction period are 77.72 and 79.84, respectively. We have considered TC Energy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
78.78
78.78
After-hype Price
79.84
Upside
TC Energy is very steady at this time. Analysis and calculation of next after-hype price of TC Energy Corp is based on 3 months time horizon.

TC Energy Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as TC Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TC Energy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with TC Energy, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.21 
1.06
  0.13 
  0.03 
7 Events / Month
1 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
78.78
78.78
0.00 
176.67  
Notes

TC Energy Hype Timeline

TC Energy Corp is at this time traded for 78.78on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.13, and average elasticity to hype of competition of 0.03. TRP is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 176.67%. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at 0.21%. %. The volatility of related hype on TC Energy is about 862.79%, with the expected price after the next announcement by competition of 78.81. About 84.0% of the company shares are owned by institutional investors. The book value of TC Energy was at this time reported as 23.98. The company last dividend was issued on the 31st of December 2025. TC Energy Corp had 1097:1000 split on the 2nd of October 2024. Assuming the 90 days trading horizon the next projected press release will be in about 7 days.
Check out Historical Fundamental Analysis of TC Energy to cross-verify your projections.

TC Energy Related Hype Analysis

Having access to credible news sources related to TC Energy's direct competition is more important than ever and may enhance your ability to predict TC Energy's future price movements. Getting to know how TC Energy's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how TC Energy may potentially react to the hype associated with one of its peers.

Other Forecasting Options for TC Energy

For every potential investor in TRP, whether a beginner or expert, TC Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TRP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TRP. Basic forecasting techniques help filter out the noise by identifying TC Energy's price trends.

TC Energy Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TC Energy stock to make a market-neutral strategy. Peer analysis of TC Energy could also be used in its relative valuation, which is a method of valuing TC Energy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

TC Energy Market Strength Events

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 Risk Indicators

The analysis of TC Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in TC Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting trp stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for TC Energy

The number of cover stories for TC Energy depends on current market conditions and TC Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that TC Energy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about TC Energy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

TC Energy Short Properties

TC Energy's future price predictability will typically decrease when TC Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TC Energy Corp often depends not only on the future outlook of the potential TC Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. TC Energy's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares OutstandingB
Cash And Short Term Investments801 M
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 Historical Fundamental Analysis of TC Energy to cross-verify your projections.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your 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. Meanwhile, TC Energy's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.