Teekay Stock Price on November 30, 2023
| TK Stock | USD 7.38 0.07 0.94% |
Below is the normalized historical share price chart for Teekay extending back to July 20, 1995. 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 Teekay stands at 7.38, as last reported on the 1st of December, with the highest price reaching 7.42 and the lowest price hitting 7.28 during the day.
If you're considering investing in Teekay Stock, it is important to understand the factors that can impact its price. Teekay owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0409, which indicates the firm had a -0.0409% return per unit of risk over the last 3 months. Teekay exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teekay's Coefficient Of Variation of (2,146), variance of 6.26, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
At this time, Teekay's Total Stockholder Equity is quite stable compared to the past year. Stock Based Compensation To Revenue is expected to rise to 0 this year, although the value of Common Stock Shares Outstanding will most likely fall to about 86.2 M. . At this time, Teekay's Price Earnings Ratio is quite stable compared to the past year. Price Book Value Ratio is expected to rise to 1.33 this year, although the value of Price To Operating Cash Flows Ratio will most likely fall to 1.03. Teekay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of July 1995 | 200 Day MA 8.2064 | 50 Day MA 8.4026 | Beta 0.528 |
Teekay |
Sharpe Ratio = -0.0409
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| Negative Returns | TK |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Teekay 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 Teekay by adding Teekay to a well-diversified portfolio.
Price Book 0.8046 | Enterprise Value Ebitda 0.2425 | Price Sales 0.5014 | Shares Float 55.8 M | Wall Street Target Price 5 |
Teekay Valuation on November 30, 2023
It is possible to determine the worth of Teekay on a given historical date. On November 30, 2023 Teekay was worth 5.21 at the beginning of the trading date compared to the closed value of 5.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Teekay stock. Still, in general, we apply an absolute valuation method to find Teekay's 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 Teekay where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Teekay's related companies.
| Open | High | Low | Close | Volume | |
| 5.35 | 5.35 | 5.20 | 5.23 | 438,695 | |
11/30/2023 | 5.21 | 5.25 | 5.09 | 5.22 | 470,674 |
| 5.18 | 5.37 | 5.18 | 5.33 | 559,058 |
| Backtest Teekay | | | Teekay History | | | Teekay Valuation | Previous | Next |
Teekay Trading Date Momentum on November 30, 2023
| On December 01 2023 Teekay was traded for 5.33 at the closing time. The highest price during the trading period was 5.37 and the lowest recorded bid was listed for 5.18 . The volume for the day was 559.1 K. This history from December 1, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 2.11% . The trading price change to the current price is 3.83% . |
Teekay Fundamentals Correlations and Trends
By evaluating Teekay's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Teekay's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Teekay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Teekay Stock history
Teekay 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 Teekay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Teekay 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 Teekay stock prices may prove useful in developing a viable investing in Teekay
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 96.6 M | 86.2 M | |
| Net Income Applicable To Common Shares | 70.6 M | 78.1 M |
Teekay Stock Technical Analysis
Teekay 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
Teekay Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Teekay cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Teekay December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Teekay stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teekay shares will generate the highest return on investment. By undertsting and applying Teekay stock market strength indicators, traders can identify Teekay entry and exit signals to maximize returns
Teekay Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Teekay's price direction in advance. Along with the technical and fundamental analysis of Teekay Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Teekay 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 | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.23) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Oil & Gas Storage & Transportation 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 Teekay. If investors know Teekay 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 Teekay 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 (0.23) | Earnings Share 1.51 | Revenue Per Share 14.064 | Quarterly Revenue Growth (0.12) | Return On Assets 0.1121 |
The market value of Teekay is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay's value that differs from its market value or its book value, called intrinsic value, which is Teekay's 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 Teekay's market value can be influenced by many factors that don't directly affect Teekay's 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 Teekay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay's 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.