Taseko Mines Stock Forecast - Price Action Indicator
| TGB Stock | USD 1.98 0.08 3.88% |
Taseko Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Taseko Mines stock prices and determine the direction of Taseko Mines's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Taseko Mines' historical fundamentals, such as revenue growth or operating cash flow patterns.
Taseko |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.015 | 0.02 |
| Check Taseko Mines Volatility | Backtest Taseko Mines | Trend Details |
Taseko Mines Trading Date Momentum
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Taseko Mines
For every potential investor in Taseko, whether a beginner or expert, Taseko Mines' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Taseko Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Taseko. Basic forecasting techniques help filter out the noise by identifying Taseko Mines' price trends.Taseko Mines 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 Taseko Mines stock to make a market-neutral strategy. Peer analysis of Taseko Mines could also be used in its relative valuation, which is a method of valuing Taseko Mines by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Taseko Mines Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Taseko Mines' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Taseko Mines' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Taseko Mines Market Strength Events
Market strength 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 undertsting and applying Taseko Mines stock market strength indicators, traders can identify Taseko Mines entry and exit signals to maximize returns.
| Accumulation Distribution | 156137.0 | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 2.0 | |||
| Day Typical Price | 1.99 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.08) |
Taseko Mines Risk Indicators
The analysis of Taseko Mines' 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 Taseko Mines' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting taseko 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.
| Mean Deviation | 2.69 | |||
| Standard Deviation | 3.94 | |||
| Variance | 15.49 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock:Check out Historical Fundamental Analysis of Taseko Mines to cross-verify your projections. For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taseko Mines. If investors know Taseko will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taseko Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share 0.11 | Revenue Per Share 2.037 | Quarterly Revenue Growth 0.082 | Return On Assets 0.0285 |
The market value of Taseko Mines is measured differently than its book value, which is the value of Taseko that is recorded on the company's balance sheet. Investors also form their own opinion of Taseko Mines' value that differs from its market value or its book value, called intrinsic value, which is Taseko Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taseko Mines' market value can be influenced by many factors that don't directly affect Taseko Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.