Teck Resources Ltd Stock Alpha and Beta Analysis
| TECK Stock | USD 47.21 0.56 1.20% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Teck Resources Ltd. It also helps investors analyze the systematic and unsystematic risks associated with investing in Teck Resources over a specified time horizon. Remember, high Teck Resources' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Teck Resources' market risk premium analysis include:
Beta 1.39 | Alpha (0.16) | Risk 2.36 | Sharpe Ratio (0.01) | Expected Return (0.02) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Teck |
Teck Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Teck Resources market risk premium is the additional return an investor will receive from holding Teck Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Teck Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Teck Resources' performance over market.| α | -0.16 | β | 1.39 |
Teck Resources expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Teck Resources' Buy-and-hold return. Our buy-and-hold chart shows how Teck Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Teck Resources Market Price Analysis
Market price analysis 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 understating and applying Teck Resources stock market price indicators, traders can identify Teck Resources position entry and exit signals to maximize returns.
Teck Resources Return and Market Media
The median price of Teck Resources for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 48.37 with a coefficient of variation of 5.1. The daily time series for the period is distributed with a sample standard deviation of 2.46, arithmetic mean of 48.19, and mean deviation of 2.04. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Solitario Resources Discovers Gold in First Three Golden Crest Drill Holes | 09/16/2024 |
| Teck Resources dividend paid on 27th of September 2024 | 09/27/2024 |
2 | Rio Tintos Share Price Increases 10 percent in a Week How to Play It | 09/30/2024 |
3 | Rios bargain hunt in the lithium jungle | 10/11/2024 |
4 | Teck Resources share prices falls as miner lowers copper production forecast again | 10/24/2024 |
5 | Teck Resources Ltd Q3 2024 Earnings Call Highlights Record Cash Inflow and Strategic ... | 10/25/2024 |
6 | Commodities mixed amid Fed uncertainty, global tensions | 10/28/2024 |
7 | Teck Resources Ltd Shares Up 4.05 percent on Nov 7 | 11/07/2024 |
8 | Teck Resources declares CAD 0.125 dividend | 11/14/2024 |
9 | Teck Resources receives regulatory approval to renew normal course issuer bid | 11/19/2024 |
10 | Canterra Announces High Grade Drill Results Correlate VRIFY AI Targets at the Buchans Project and the Next Phase of Exploration | 11/21/2024 |
About Teck Resources Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Teck or other stocks. Alpha measures the amount that position in Teck Resources has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.005466 | 0.0197 | 0.0177 | Price To Sales Ratio | 1.44 | 1.56 | 1.94 |
Teck Resources Upcoming Company Events
As portrayed in its financial statements, the presentation of Teck Resources' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Teck Resources' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Teck Resources' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Teck Resources. Please utilize our Beneish M Score to check the likelihood of Teck Resources' management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Teck Resources Backtesting, Teck Resources Valuation, Teck Resources Correlation, Teck Resources Hype Analysis, Teck Resources Volatility, Teck Resources History and analyze Teck Resources Performance. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.