Teck Resources Limited Stock Today
| TECK-A Stock | CAD 65.85 0.15 0.23% |
Performance18 of 100
| Odds Of DistressLess than 8
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Teck Resources is trading at 65.85 as of the 16th of April 2024, a -0.23% down since the beginning of the trading day. The stock's open price was 66.0. Teck Resources has only a 8 % chance of going through financial distress over the next few years and had a solid performance during the last 90 days. Equity ratings for Teck Resources Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. Teck Resources Limited was founded in 1906 and is headquartered in Vancouver, Canada. TECK RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. The company has 7.62 M outstanding shares of which 542 shares are at this time shorted by private and institutional investors with about 0.24 days to cover all short positions. More on Teck Resources Limited
Moving together with Teck Stock
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Moving against Teck Stock
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Teck Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Teck Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Teck Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Jonathan MBA | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Teck Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Teck Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Teck Resources' financial leverage. It provides some insight into what part of Teck Resources' total assets is financed by creditors.
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Teck Resources Limited (TECK-A) is traded on Toronto Exchange in Canada and employs 12,600 people. Teck Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 34.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Teck Resources's market, we take the total number of its shares issued and multiply it by Teck Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Teck Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 7.62 M outstanding shares of which 542 shares are at this time shorted by private and institutional investors with about 0.24 days to cover all short positions.
Teck Resources Limited has accumulated about 1.53 B in cash with 3.89 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.74.
Check Teck Resources Probability Of Bankruptcy
Ownership AllocationTeck Resources maintains a total of 7.62 Million outstanding shares. Teck Resources has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 75.66 % of Teck Resources outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Teck Ownership Details
Teck Stock Price Odds Analysis
What are Teck Resources' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Teck Resources jumping above the current price in 90 days from now is roughly 2.95%. The Teck Resources Limited probability density function shows the probability of Teck Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.1449. This usually implies Teck Resources Limited market returns are sensitive to returns on the market. As the market goes up or down, Teck Resources is expected to follow. Additionally, teck Resources Limited has an alpha of 0.3222, implying that it can generate a 0.32 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Teck Resources to move above the current price in 90 days from now is roughly 2.95 (This Teck Resources Limited probability density function shows the probability of Teck Stock to fall within a particular range of prices over 90 days) .
Teck Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing 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. Although Teck Resources' alpha and beta are two of the key measurements used to evaluate Teck Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.26 | |||
| Standard Deviation | 2.0 | |||
| Variance | 4.01 |
Teck Stock Against Markets
Picking the right benchmark for Teck Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Teck Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Teck Resources is critical whether you are bullish or bearish towards Teck Resources Limited at a given time. Please also check how Teck Resources' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Teck Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Teck Resources Corporate Management
Elected by the shareholders, the Teck Resources' board of directors comprises two types of representatives: Teck Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Teck. The board's role is to monitor Teck Resources' management team and ensure that shareholders' interests are well served. Teck Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Teck Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Crystal Prystai | Corporate VP | Profile | |
| Greg Brouwer | Senior Technical | Profile | |
| BSc BSc | VP Services | Profile | |
| Robin Sheremeta | VP Coal | Profile | |
| Peter Rozee | VP Affairs | Profile | |
| Dean Winsor | Senior Officer | Profile | |
| Charlene Ripley | Senior Counsel | Profile |
How to buy Teck Stock?
Before investing in Teck Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Teck Resources. To buy Teck Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Teck Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Teck Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Teck Resources Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Teck Resources Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Teck Resources Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Teck Resources Limited?
The danger of trading Teck Resources Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Teck Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Teck Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Teck Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Limited. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Teck Stock analysis
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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