Taseko Mines Stock Performance
| TKO Stock | CAD 2.93 0.01 0.34% |
The entity has a beta of -0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Taseko Mines are expected to decrease at a much lower rate. During the bear market, Taseko Mines is likely to outperform the market. At this point, Taseko Mines has a negative expected return of -0.0154%. Please make sure to validate Taseko Mines' skewness, and the relationship between the potential upside and rate of daily change , to decide if Taseko Mines performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Taseko Mines has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Taseko Mines is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Ex Dividend Date 1999-08-18 |
1 | Is Now The Time To Put Taseko Mines On Your Watchlist - Simply Wall St | 09/25/2024 |
2 | Connor Clark Lunn Investment Management Ltd. Trims Position in Taseko Mines Limited - MarketBeat | 11/21/2024 |
| Begin Period Cash Flow | 120.9 M |
Taseko |
Taseko Mines Relative Risk vs. Return Landscape
If you would invest 310.00 in Taseko Mines on August 24, 2024 and sell it today you would lose (17.00) from holding Taseko Mines or give up 5.48% of portfolio value over 90 days. Taseko Mines is producing return of less than zero assuming 3.9003% volatility of returns over the 90 days investment horizon. Simply put, 34% of all stocks have less volatile historical return distribution than Taseko Mines, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Taseko Mines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taseko Mines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Taseko Mines, and traders can use it to determine the average amount a Taseko Mines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.004
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TKO |
Estimated Market Risk
| 3.9 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.02 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 Taseko Mines 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 Taseko Mines by adding Taseko Mines to a well-diversified portfolio.
Taseko Mines Fundamentals Growth
Taseko Stock prices reflect investors' perceptions of the future prospects and financial health of Taseko Mines, and Taseko Mines fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Taseko Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0285 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 1.42 B | ||||
| Shares Outstanding | 304.45 M | ||||
| Price To Earning | 10.20 X | ||||
| Price To Book | 1.85 X | ||||
| Price To Sales | 1.50 X | ||||
| Revenue | 525.17 M | ||||
| Gross Profit | 106.22 M | ||||
| EBITDA | 186.44 M | ||||
| Net Income | 82.73 M | ||||
| Cash And Equivalents | 120.86 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 637.89 M | ||||
| Debt To Equity | 100.90 % | ||||
| Current Ratio | 1.35 X | ||||
| Book Value Per Share | 1.63 X | ||||
| Cash Flow From Operations | 103.34 M | ||||
| Earnings Per Share | 0.16 X | ||||
| Market Capitalization | 892.05 M | ||||
| Total Asset | 1.57 B | ||||
| Retained Earnings | (123.38 M) | ||||
| Working Capital | 108.27 M | ||||
About Taseko Mines Performance
By examining Taseko Mines' fundamental ratios, stakeholders can obtain critical insights into Taseko Mines' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Taseko Mines is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 118.52 | 181.49 | |
| Return On Tangible Assets | 0.05 | 0.06 | |
| Return On Capital Employed | 0.13 | 0.14 | |
| Return On Assets | 0.05 | 0.06 | |
| Return On Equity | 0.19 | 0.18 |
Things to note about Taseko Mines performance evaluation
Checking the ongoing alerts about Taseko Mines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Taseko Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Taseko Mines generated a negative expected return over the last 90 days | |
| Taseko Mines has high historical volatility and very poor performance | |
| Taseko Mines has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Latest headline from news.google.com: Connor Clark Lunn Investment Management Ltd. Trims Position in Taseko Mines Limited - MarketBeat |
- Analyzing Taseko Mines' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Taseko Mines' stock is overvalued or undervalued compared to its peers.
- Examining Taseko Mines' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Taseko Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taseko Mines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Taseko Mines' stock. These opinions can provide insight into Taseko Mines' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. 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. To learn how to invest in Taseko Stock, please use our How to Invest in Taseko Mines guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..