Tc Energy Corp Stock Price on May 1, 2023
TRP Stock | CAD 67.91 0.02 0.03% |
Below is the normalized historical share price chart for TC Energy Corp 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 TC Energy stands at 67.91, as last reported on the 29th of November, with the highest price reaching 68.50 and the lowest price hitting 67.74 during the day.
If you're considering investing in TRP Stock, it is important to understand the factors that can impact its price. TC Energy appears to be very steady, given 3 months investment horizon. TC Energy Corp retains Efficiency (Sharpe Ratio) of 0.25, which indicates the company had a 0.25% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for TC Energy, which you can use to evaluate the volatility of the entity. Please review TC Energy's market risk adjusted performance of 1.51, and Standard Deviation of 1.21 to confirm if our risk estimates are consistent with your expectations.
At this time, TC Energy's Capital Stock is very stable compared to the past year. Sale Purchase Of Stock is expected to grow at the current pace this year, while Common Stock Shares Outstanding is likely to drop about 567 M. . At this time, TC Energy's Price Book Value Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Book Ratio is likely to grow to 2.04, while Price To Sales Ratio is likely to drop 1.74. TRP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 53.5842 | 50 Day MA 64.421 | Beta 0.816 |
TRP |
Sharpe Ratio = 0.2547
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Estimated Market Risk
1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.25 actual daily | 20 80% of assets perform better |
Based on monthly moving average TC Energy is performing at about 20% 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 TC Energy by adding it to a well-diversified portfolio.
Price Book 2.5214 | Enterprise Value Ebitda 11.5063 | Price Sales 4.2344 | Shares Float 998.8 M | Dividend Share 3.81 |
TC Energy Valuation on May 1, 2023
It is possible to determine the worth of TC Energy on a given historical date. On May 1, 2023 TRP was worth 45.59 at the beginning of the trading date compared to the closed value of 45.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TC Energy stock. Still, in general, we apply an absolute valuation method to find TC Energy'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 TC Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TC Energy's related companies.
Open | High | Low | Close | Volume | |
45.41 | 46.39 | 45.41 | 45.85 | 11,622,310 | |
05/01/2023 | 45.59 | 46.33 | 45.56 | 45.90 | 3,491,227 |
45.78 | 45.89 | 44.82 | 44.94 | 2,638,290 |
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TC Energy Trading Date Momentum on May 1, 2023
On May 02 2023 TC Energy Corp was traded for 44.94 at the closing time. The maximum traded price for the trading interval was 45.89 and the lowest daily price was 44.82 . The daily volume was recorded at 2.6 M. The volume of trading on 2nd of May 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 2.09% . The trading price change to the closing price today is 1.07% . |
TC Energy Corp Fundamentals Correlations and Trends
By evaluating TC Energy'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 TC Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TRP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TC Energy Stock history
TC Energy 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 TRP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TC Energy Corp 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 TC Energy stock prices may prove useful in developing a viable investing in TC Energy
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 1 B | 567 M | |
Net Income Applicable To Common Shares | 737.1 M | 700.3 M |
TC Energy Stock Technical Analysis
TC Energy 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
TC Energy Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
TC Energy Corp 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.
TC Energy November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how TC Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TC Energy shares will generate the highest return on investment. By undertsting and applying TC Energy stock market strength indicators, traders can identify TC Energy Corp entry and exit signals to maximize returns
TC Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TC Energy's price direction in advance. Along with the technical and fundamental analysis of TRP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TRP 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 | 0.211 | |||
Jensen Alpha | 0.2919 | |||
Total Risk Alpha | 0.1347 | |||
Sortino Ratio | 0.1798 | |||
Treynor Ratio | 1.5 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.