Tc Energy Corp Stock Probability of Future Stock Price Finishing Over 70.14
| TRP Stock | CAD 70.14 1.35 1.96% |
TRP |
TC Energy Target Price Odds to finish over 70.14
The tendency of TRP 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 above the current price in 90 days |
| 70.14 | 90 days | 70.14 | under 4 |
Based on a normal probability distribution, the odds of TC Energy to move above the current price in 90 days from now is under 4 (This TC Energy Corp probability density function shows the probability of TRP Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon TC Energy has a beta of 0.2. This usually implies as returns on the market go up, TC Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TC Energy Corp will be expected to be much smaller as well. Additionally TC Energy Corp has an alpha of 0.3238, implying that it can generate a 0.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TC Energy Price Density |
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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.TC Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TC Energy is not an exception. The market had few large corrections towards the TC Energy's 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 TC Energy Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TC Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 5.14 | |
Ir | Information ratio | 0.22 |
TC Energy 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 TC Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TC Energy Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TC Energy Corp has accumulated 63.66 B in total debt with debt to equity ratio (D/E) of 1.45, which is about average as compared to similar companies. TC Energy Corp has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TC Energy until it has trouble settling it off, either with new capital or with free cash flow. So, TC Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TC Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TRP to invest in growth at high rates of return. When we think about TC Energy's use of debt, we should always consider it together with cash and equity. | |
| Over 79.0% of TC Energy shares are owned by institutional investors | |
| Latest headline from news.google.com: TC Energys outlook highlights solid growth, low risk, repeatable performance at 2024 Investor Day - Markets Insider |
TC Energy 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 TRP Stock often depends not only on the future outlook of the current and 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 Outstanding | 1 B | |
| Cash And Short Term Investments | 3.8 B |
TC Energy Technical Analysis
TC Energy's future price can be derived by breaking down and analyzing its technical indicators over time. TRP Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TC Energy Corp. In general, you should focus on analyzing TRP Stock price patterns and their correlations with different microeconomic environments and drivers.
TC Energy Predictive Forecast Models
TC Energy's time-series forecasting models is one of many TC Energy's 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 TC Energy's 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 TC Energy Corp
Checking the ongoing alerts about TC Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TC Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TC Energy Corp has accumulated 63.66 B in total debt with debt to equity ratio (D/E) of 1.45, which is about average as compared to similar companies. TC Energy Corp has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TC Energy until it has trouble settling it off, either with new capital or with free cash flow. So, TC Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TC Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TRP to invest in growth at high rates of return. When we think about TC Energy's use of debt, we should always consider it together with cash and equity. | |
| Over 79.0% of TC Energy shares are owned by institutional investors | |
| Latest headline from news.google.com: TC Energys outlook highlights solid growth, low risk, repeatable performance at 2024 Investor Day - Markets Insider |
Check out TC Energy Backtesting, TC Energy Valuation, TC Energy Correlation, TC Energy Hype Analysis, TC Energy Volatility, TC Energy History as well as TC Energy Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.