Teck Resources (Germany) Probability of Future Stock Price Finishing Under 43.76
| TEKB Stock | EUR 43.76 1.33 2.95% |
Teck |
Teck Resources Target Price Odds to finish below 43.76
The tendency of Teck Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move below current price in 90 days |
| 43.76 | 90 days | 43.76 | about 38.49 |
Based on a normal probability distribution, the odds of Teck Resources to move below current price in 90 days from now is about 38.49 (This Teck Resources Ltd probability density function shows the probability of Teck Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.35 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Teck Resources will likely underperform. Additionally Teck Resources Ltd has an alpha of 0.0224, implying that it can generate a 0.0224 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Teck Resources Price Density |
| Price |
Predictive Modules for Teck Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Teck Resources. 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.Teck Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Teck Resources is not an exception. The market had few large corrections towards the Teck Resources' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Teck Resources Ltd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Teck Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 1.89 | |
Ir | Information ratio | 0.03 |
Teck Resources Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Teck Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Teck Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 75.0% of the company shares are owned by institutional investors |
Teck Resources Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Teck Stock often depends not only on the future outlook of the current and potential Teck Resources' 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. Teck Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 513.7 M |
Teck Resources Technical Analysis
Teck Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Teck Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Teck Resources Ltd. In general, you should focus on analyzing Teck Stock price patterns and their correlations with different microeconomic environments and drivers.
Teck Resources Predictive Forecast Models
Teck Resources' time-series forecasting models is one of many Teck Resources' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Teck Resources' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Teck Resources
Checking the ongoing alerts about Teck Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Teck Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 75.0% of the company shares are owned by institutional investors |
Additional Information and Resources on Investing in Teck Stock
When determining whether Teck Resources 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 Teck 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 Teck Resources Ltd Stock. Highlighted below are key reports to facilitate an investment decision about Teck Resources Ltd Stock:Check out Teck Resources Backtesting, Teck Resources Valuation, Teck Resources Correlation, Teck Resources Hype Analysis, Teck Resources Volatility, Teck Resources History as well as Teck Resources Performance. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.