Teekay Stock Price on December 11, 2024

TK Stock  USD 6.36  0.05  0.79%   
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 6.36, as last reported on the 11th of December 2024, with the highest price reaching 6.36 and the lowest price hitting 6.31 during the day.
IPO Date
19th of July 1995
200 Day MA
8.1718
50 Day MA
8.1138
Beta
0.528
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.0878, which indicates the firm had a -0.0878% return per unit of risk over the last 3 months. Teekay exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teekay's Variance of 6.2, coefficient of variation of (1,555), and Risk Adjusted Performance of (0.04) 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.

Sharpe Ratio = -0.0878

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Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  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
0.6879
Enterprise Value Ebitda
0.2425
Price Sales
0.428
Shares Float
55.8 M
Wall Street Target Price
5

Teekay Valuation on December 11, 2024

It is possible to determine the worth of Teekay on a given historical date. On December 11, 2024 Teekay was worth 6.31 at the beginning of the trading date compared to the closed value of 6.36. 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
  6.35    6.51    6.32    6.36    991,341  
12/11/2024
  6.31    6.36    6.31    6.36    0.00  
Backtest Teekay  |  Teekay History  |  Teekay Valuation   Previous
Open Value
6.31
6.36
Closing Value
13.85
Upside

Teekay Trading Date Momentum on December 11, 2024

On December 11 2024 Teekay was traded for  6.36  at the closing time. The highest price during the trading period was 6.36  and the lowest recorded bid was listed for  6.31 . There was no trading activity during the period 0.0. Lack of trading volume on December 11, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.79% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding96.6 M86.2 M
Net Income Applicable To Common Shares70.6 M78.1 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.
A focus of Teekay technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Teekay 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

Teekay Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

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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 11, 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.
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.