Teck Resources Limited Stock Buy Hold or Sell Recommendation
TCKRF Stock | USD 45.55 0.40 0.87% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Teck Resources Limited is 'Strong Sell'. Macroaxis provides Teck Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TCKRF positions. The advice algorithm takes into account all of Teck Resources' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Teck Resources' buy or sell advice are summarized below:
Real Value 38.18 | Hype Value 45.55 | Market Value 45.55 | Naive Value 44.84 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Teck Resources Limited given historical horizon and risk tolerance towards Teck Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Teck Resources Limited, the advice is generated through an automated system that utilizes algorithms and statistical models.
Teck |
Execute Teck Resources Buy or Sell Advice
The Teck recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Teck Resources Limited. Macroaxis does not own or have any residual interests in Teck Resources Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Teck Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Teck Resources Trading Alerts and Improvement Suggestions
About 74.0% of the company outstanding shares are owned by corporate insiders |
Teck Resources Returns Distribution Density
The distribution of Teck Resources' historical returns is an attempt to chart the uncertainty of Teck Resources' future price movements. The chart of the probability distribution of Teck Resources daily returns describes the distribution of returns around its average expected value. We use Teck Resources Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Teck Resources returns is essential to provide solid investment advice for Teck Resources.
Mean Return | 0.37 | Value At Risk | -2.56 | Potential Upside | 3.91 | Standard Deviation | 2.27 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Teck Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Teck Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Teck Resources or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Teck Resources' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Teck pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.38 | |
β | Beta against NYSE Composite | -0.29 | |
σ | Overall volatility | 1.98 | |
Ir | Information ratio | 0.12 |
Teck Resources Volatility Alert
Teck Resources Limited exhibits very low volatility with skewness of 2.95 and kurtosis of 12.56. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Teck Resources' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Teck Resources' pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Teck Resources Fundamentals Vs Peers
Comparing Teck Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Teck Resources' direct or indirect competition across all of the common fundamentals between Teck Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Teck Resources or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Teck Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Teck Resources by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Teck Resources to competition |
Fundamentals | Teck Resources | Peer Average |
Return On Equity | 0.19 | -0.31 |
Return On Asset | 0.12 | -0.14 |
Profit Margin | 0.23 % | (1.27) % |
Operating Margin | 0.44 % | (5.51) % |
Current Valuation | 24.24 B | 16.62 B |
Shares Outstanding | 7.8 M | 571.82 M |
Shares Owned By Insiders | 74.20 % | 10.09 % |
Shares Owned By Institutions | 9.97 % | 39.21 % |
Price To Earning | 5.37 X | 28.72 X |
Price To Book | 0.97 X | 9.51 X |
Price To Sales | 0.96 X | 11.42 X |
Revenue | 13.48 B | 9.43 B |
Gross Profit | 5.08 B | 27.38 B |
EBITDA | 6.12 B | 3.9 B |
Net Income | 2.87 B | 570.98 M |
Cash And Equivalents | 2.64 B | 2.7 B |
Cash Per Share | 5.15 X | 5.01 X |
Total Debt | 8.42 B | 5.32 B |
Debt To Equity | 0.38 % | 48.70 % |
Current Ratio | 1.65 X | 2.16 X |
Book Value Per Share | 49.23 X | 1.93 K |
Cash Flow From Operations | 4.74 B | 971.22 M |
Earnings Per Share | 6.28 X | 3.12 X |
Number Of Employees | 10.6 K | 18.84 K |
Beta | 1.2 | -0.15 |
Market Capitalization | 21.29 B | 19.03 B |
Total Asset | 47.37 B | 29.47 B |
Z Score | 1.2 | 8.72 |
Annual Yield | 0.01 % | |
Five Year Return | 0.76 % | |
Net Asset | 47.37 B | |
Last Dividend Paid | 0.43 |
Teck Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Teck . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 45.55 | |||
Day Typical Price | 45.55 | |||
Price Action Indicator | (0.20) | |||
Period Momentum Indicator | (0.40) | |||
Relative Strength Index | 75.85 |
About Teck Resources Buy or Sell Advice
When is the right time to buy or sell Teck Resources Limited? Buying financial instruments such as Teck Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Teck Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running Teck Resources' price analysis, check to measure Teck Resources' 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 Teck Resources is operating at the current time. Most of Teck Resources' value examination focuses on studying past and present price action to predict the probability of Teck Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teck Resources' price. Additionally, you may evaluate how the addition of Teck Resources to your portfolios can decrease your overall portfolio volatility.
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