Tc Energy Corp Stock Performance
| TRP Stock | CAD 49.17 0.04 0.08% |
The firm owns a Beta (Systematic Risk) of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TC Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding TC Energy is expected to be smaller as well. TC Energy Corp has an expected return of -0.0859%. Please make sure to validate TC Energy Corp treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if TC Energy Corp performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days TC Energy Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, TC Energy is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.078 | Payout Ratio 0.8296 | Forward Dividend Rate 3.84 | Dividend Date 2024-04-30 | Ex Dividend Date 2024-03-27 |
1 | Quantbot Technologies LP Grows Stock Holdings in TC Energy Co. - MarketBeat | 02/02/2024 |
2 | Closing Bell TC Energy Corp down on Tuesday - Barchart | 02/13/2024 |
3 | Buy Alert 4 Reasons Why TC Energy Stock Is a Must-Own Now - The Motley Fool Canada | 02/28/2024 |
4 | TC Energy announces layoffs, primarily in Calgary and Houston - Marketscreener.com | 03/06/2024 |
5 | Closing Bell TC Energy Corp up on Thursday - Barchart | 03/21/2024 |
6 | Mackenzie Financial Corp Has 645.81 Million Stock Holdings in TC Energy Co. - MarketBeat | 04/15/2024 |
| Begin Period Cash Flow | 2.2 B |
TRP |
TC Energy Relative Risk vs. Return Landscape
If you would invest 5,201 in TC Energy Corp on January 26, 2024 and sell it today you would lose (284.00) from holding TC Energy Corp or give up 5.46% of portfolio value over 90 days. TC Energy Corp is producing return of less than zero assuming 0.9721% volatility of returns over the 90 days investment horizon. Simply put, 8% of all stocks have less volatile historical return distribution than TC Energy, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TC Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TC Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TC Energy Corp, and traders can use it to determine the average amount a TC Energy's 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 = -0.0883
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| Negative Returns | TRP |
Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.09 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 TC Energy 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 TC Energy by adding TC Energy to a well-diversified portfolio.
TC Energy Fundamentals Growth
TRP Stock prices reflect investors' perceptions of the future prospects and financial health of TC Energy, and TC Energy 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 TRP Stock performance.
| Return On Equity | 0.0839 | |||
| Return On Asset | 0.0356 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.54 % | |||
| Current Valuation | 121.77 B | |||
| Shares Outstanding | 1.04 B | |||
| Price To Earning | 10.70 X | |||
| Price To Book | 1.91 X | |||
| Price To Sales | 3.24 X | |||
| Revenue | 15.93 B | |||
| Gross Profit | 9.61 B | |||
| EBITDA | 9.6 B | |||
| Net Income | 2.92 B | |||
| Cash And Equivalents | 620 M | |||
| Cash Per Share | 1.59 X | |||
| Total Debt | 2.94 B | |||
| Debt To Equity | 1.45 % | |||
| Current Ratio | 0.51 X | |||
| Book Value Per Share | 26.08 X | |||
| Cash Flow From Operations | 7.43 B | |||
| Earnings Per Share | 2.75 X | |||
| Market Capitalization | 51.05 B | |||
| Total Asset | 125.03 B | |||
| Retained Earnings | (3 B) | |||
| Working Capital | (445 M) | |||
| Current Asset | 3.91 B | |||
| Current Liabilities | 7.31 B | |||
About TC Energy Performance
To evaluate TC Energy Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when TC Energy generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare TRP Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand TC Energy Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents TRP's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 43.81 | 24.47 | |
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.05 | 0.09 | |
| Return On Assets | 0.02 | 0.03 | |
| Return On Equity | 0.1 | 0.11 |
Things to note about TC Energy Corp performance evaluation
Checking the ongoing alerts about TC Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TC Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TC Energy Corp generated a negative expected return over the last 90 days | |
| The company has accumulated 2.94 B in total debt with debt to equity ratio (D/E) of 1.45, which is about average as compared to similar companies. TC Energy Corp has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TC Energy until it has trouble settling it off, either with new capital or with free cash flow. So, TC Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TC Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TRP to invest in growth at high rates of return. When we think about TC Energy's use of debt, we should always consider it together with cash and equity. | |
| Over 79.0% of TC Energy shares are owned by institutional investors | |
| Latest headline from news.google.com: Mackenzie Financial Corp Has 645.81 Million Stock Holdings in TC Energy Co. - MarketBeat |
- Analyzing TC Energy's 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 TC Energy's stock is overvalued or undervalued compared to its peers.
- Examining TC Energy's 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 TC Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TC Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TC Energy's stock. These opinions can provide insight into TC Energy's 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 TC Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for TRP Stock analysis
When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.
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