Taseko Mines Stock Alpha and Beta Analysis
| TGB Stock | USD 2.06 0.06 3.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Taseko Mines. It also helps investors analyze the systematic and unsystematic risks associated with investing in Taseko Mines over a specified time horizon. Remember, high Taseko Mines' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Taseko Mines' market risk premium analysis include:
Beta 1.05 | Alpha (0.14) | Risk 3.7 | Sharpe Ratio 0.0325 | Expected Return 0.12 |
Taseko Mines Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Taseko |
Taseko Mines Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Taseko Mines market risk premium is the additional return an investor will receive from holding Taseko Mines long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Taseko Mines. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Taseko Mines' performance over market.| α | -0.14 | β | 1.05 |
Taseko Mines expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Taseko Mines' Buy-and-hold return. Our buy-and-hold chart shows how Taseko Mines performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Taseko Mines Market Price Analysis
Market price analysis indicators help investors to evaluate how Taseko Mines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taseko Mines shares will generate the highest return on investment. By understating and applying Taseko Mines stock market price indicators, traders can identify Taseko Mines position entry and exit signals to maximize returns.
Taseko Mines Return and Market Media
The median price of Taseko Mines for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 2.26 with a coefficient of variation of 9.38. The daily time series for the period is distributed with a sample standard deviation of 0.21, arithmetic mean of 2.26, and mean deviation of 0.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Taseko Mines Provides Construction Update for Florence Copper | 10/21/2024 |
2 | Taseko Mines Ltd Q3 2024 Earnings Report Preview What To Look For | 11/05/2024 |
3 | Taseko Mines Ltd Q3 2024 Everything You Need to Know Ahead of Earnings | 11/06/2024 |
4 | Taseko Reports Third Quarter 2024 Operational Performance and 48 Million of Adjusted EBITDA | 11/07/2024 |
5 | Is Taseko Mines A Risky Investment | 11/08/2024 |
6 | Taseko Mines Shareholders May Want To Dig Deeper Than Statutory Profit | 11/14/2024 |
About Taseko Mines Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Taseko or other stocks. Alpha measures the amount that position in Taseko Mines has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 8.09 | 10.63 | 11.48 | 10.91 | PTB Ratio | 2.05 | 1.6 | 1.26 | 1.32 |
Taseko Mines Upcoming Company Events
As portrayed in its financial statements, the presentation of Taseko Mines' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Taseko Mines' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Taseko Mines' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Taseko Mines. Please utilize our Beneish M Score to check the likelihood of Taseko Mines' management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Taseko Mines
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Check out Taseko Mines Backtesting, Taseko Mines Valuation, Taseko Mines Correlation, Taseko Mines Hype Analysis, Taseko Mines Volatility, Taseko Mines History and analyze Taseko Mines Performance. For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Taseko Mines technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.