Teck Resources (Germany) Price on November 29, 2024
| TEKB Stock | EUR 43.76 1.33 2.95% |
If you're considering investing in Teck Stock, it is important to understand the factors that can impact its price. As of today, the current price of Teck Resources stands at 43.76, as last reported on the 12th of December 2024, with the highest price reaching 44.97 and the lowest price hitting 43.60 during the day. At this point, Teck Resources is very steady. Teck Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0505, which indicates the firm had a 0.0505% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Teck Resources Ltd, which you can use to evaluate the volatility of the company. Please validate Teck Resources' Risk Adjusted Performance of 0.0614, semi deviation of 2.27, and Coefficient Of Variation of 1330.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Teck Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Teck |
Sharpe Ratio = 0.0505
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Teck Resources is performing at about 3% of its full potential. 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 it to a well-diversified portfolio.
Teck Resources Valuation on November 29, 2024
It is possible to determine the worth of Teck Resources on a given historical date. On November 29, 2024 Teck was worth 44.32 at the beginning of the trading date compared to the closed value of 44.32. 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 | |
| 43.52 | 43.52 | 43.52 | 43.52 | 133.00 | |
11/29/2024 | 44.32 | 44.32 | 44.32 | 44.32 | 133.00 |
| 43.76 | 43.76 | 43.76 | 43.76 | 21.00 |
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Teck Resources Trading Date Momentum on November 29, 2024
| On December 02 2024 Teck Resources Ltd was traded for 43.76 at the closing time. The maximum traded price for the trading interval was 43.76 and the lowest daily price was 43.76 . The daily volume was recorded at 21.0. The volume of trading on 2nd of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.26% . The trading price change to the closing price today is 2.64% . |
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
Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. Teck Resources Limited was founded in 1906 and is headquartered in Vancouver, Canada. TECK RES operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10000 people.
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.
Price Boundaries
Teck Resources Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Teck Resources Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 December 12, 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 Ltd 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.
| Risk Adjusted Performance | 0.0614 | |||
| Jensen Alpha | 0.0998 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0252 | |||
| Treynor Ratio | 0.2631 |
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| Volume Indicators |
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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