Teck Resources Limited Stock Price on March 28, 2024

TECK-B Stock  CAD 65.43  0.54  0.82%   
Below is the normalized historical share price chart for Teck Resources Limited extending back to December 18, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Teck Resources stands at 65.43, as last reported on the 23rd of November, with the highest price reaching 65.99 and the lowest price hitting 65.20 during the day.
200 Day MA
64.4893
50 Day MA
67.1764
Beta
1.361
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Teck Stock, it is important to understand the factors that can impact its price. At this point, Teck Resources is very steady. Teck Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0016, which indicates the firm had a 0.0016% return per unit of risk over the last 3 months. We have found thirty technical indicators for Teck Resources Limited, which you can use to evaluate the volatility of the company. Please validate Teck Resources' Coefficient Of Variation of 100303.56, semi deviation of 2.46, and Risk Adjusted Performance of 0.0073 to confirm if the risk estimate we provide is consistent with the expected return of 0.0035%.
  
At present, Teck Resources' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 59 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 475.2 M. . At present, Teck Resources' Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.25, whereas Price Earnings Ratio is forecasted to decline to 8.83. Teck Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0016

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Negative ReturnsTECK-B

Estimated Market Risk

 2.23
  actual daily
19
81% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Teck Resources is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Teck Resources by adding Teck Resources to a well-diversified portfolio.
Price Book
1.324
Enterprise Value Ebitda
6.1503
Price Sales
2.0063
Shares Float
468.5 M
Dividend Share
0.5

Teck Resources Main Headline on 28th of March 2024

Teck Resources dividend paid on 28th of March 2024

Teck Resources Valuation on March 28, 2024

It is possible to determine the worth of Teck Resources on a given historical date. On March 28, 2024 Teck was worth 59.83 at the beginning of the trading date compared to the closed value of 61.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Teck Resources stock. Still, in general, we apply an absolute valuation method to find Teck Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Teck Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Teck Resources' related companies.
 Open High Low Close Volume
  58.32    59.50    58.32    59.44    689,084  
03/28/2024
  59.83    62.40    59.38    61.82    1,989,528  
  62.57    63.66    61.87    62.58    992,906  
Backtest Teck Resources  |  Teck Resources History  |  Teck Resources Valuation   PreviousNext  
Open Value
59.83
61.82
Closing Value
66.51
Upside

Teck Resources Trading Date Momentum on March 28, 2024

On April 01 2024 Teck Resources Limited was traded for  62.58  at the closing time. The highest price during the trading period was 63.66  and the lowest recorded bid was listed for  61.87 . The volume for the day was 992.9 K. This history from April 1, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.23% . The trading price change to the current price is 4.21% .

Teck Resources Fundamentals Correlations and Trends

By evaluating Teck Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Teck Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Teck financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Teck Resources Stock history

Teck Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Teck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Teck Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Teck Resources stock prices may prove useful in developing a viable investing in Teck Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding525.3 M475.2 M
Net Income Applicable To Common Shares3.8 BB

Teck Resources Quarterly Net Working Capital

2.29 Billion

Teck Resources Stock Technical Analysis

Teck Resources 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.
A focus of Teck Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Teck Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Teck Resources Period Price Range

Low
November 23, 2024
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High

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Teck Resources Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Teck Resources November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Teck Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teck Resources shares will generate the highest return on investment. By undertsting and applying Teck Resources stock market strength indicators, traders can identify Teck Resources Limited entry and exit signals to maximize returns

Teck Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Teck Resources' price direction in advance. Along with the technical and fundamental analysis of Teck Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Teck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Teck Stock analysis

When running Teck Resources' price analysis, check to measure Teck Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teck Resources is operating at the current time. Most of Teck Resources' value examination focuses on studying past and present price action to predict the probability of Teck Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teck Resources' price. Additionally, you may evaluate how the addition of Teck Resources to your portfolios can decrease your overall portfolio volatility.
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