Tectonic Stock Today
| TECT Stock | CAD 0.10 0.01 9.09% |
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Tectonic MetalsInc is selling for under 0.1 as of the 24th of September 2023; that is -9.09 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.1. Tectonic MetalsInc has more than 68 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Tectonic MetalsInc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2023 and ending today, the 24th of September 2023. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Tectonic Metals Inc. engages in the identification, acquisition, and exploration of mineral properties in the United States and Canada. The company was incorporated in 2017 and is headquartered in Vancouver, Canada. TECTONIC METALS operates under Gold classification in Exotistan and is traded on Commodity Exchange.. The company has 309.76 M outstanding shares of which 145.85 K shares are at this time shorted by private and institutional investors with about 0.55 days to cover all short positions. More on Tectonic MetalsInc
Follow Valuation Odds of Bankruptcy
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Tectonic 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. Tectonic MetalsInc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tectonic MetalsInc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Tectonic MetalsInc's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong SellOvervalued |
Tectonic MetalsInc (TECT) is traded on TSX Venture Exchange in Canada and employs 4 people. Tectonic MetalsInc is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 32.52 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tectonic MetalsInc's market, we take the total number of its shares issued and multiply it by Tectonic MetalsInc'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. Tectonic MetalsInc operates under Metals & Mining sector and is part of Materials industry. The entity has 309.76 M outstanding shares of which 145.85 K shares are at this time shorted by private and institutional investors with about 0.55 days to cover all short positions.
Tectonic MetalsInc has accumulated about 8.67 M in cash with (3.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Tectonic MetalsInc Probability Of Bankruptcy
OwnershipTectonic MetalsInc maintains a total of 309.76 Million outstanding shares. Tectonic MetalsInc has 14.34 % if its outstanding shares held by insiders and 14.34 % owned by institutional holders . Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Ownership Allocation
Check Tectonic Ownership DetailsTectonic Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Tectonic MetalsInc jumping above the current price in 90 days from now is more than 94.0%. The Tectonic MetalsInc probability density function shows the probability of Tectonic MetalsInc 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 1.775. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tectonic MetalsInc will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Tectonic MetalsInc is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of Tectonic MetalsInc to move above the current price in 90 days from now is more than 94.0 (This Tectonic MetalsInc probability density function shows the probability of Tectonic Stock to fall within a particular range of prices over 90 days) .
Tectonic MetalsInc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tectonic MetalsInc market risk premium is the additional return an investor will receive from holding Tectonic MetalsInc 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 Tectonic MetalsInc. 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 Tectonic MetalsInc's alpha and beta are two of the key measurements used to evaluate Tectonic MetalsInc's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.49 | |||
| Standard Deviation | 5.62 | |||
| Variance | 31.57 | |||
| Risk Adjusted Performance | (0.028999) |
Tectonic Stock Against Markets
Picking the right benchmark for Tectonic MetalsInc 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 Tectonic MetalsInc 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 Tectonic MetalsInc is critical whether you are bullish or bearish towards Tectonic MetalsInc at a given time. Please also check how Tectonic MetalsInc's 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 Tectonic MetalsInc 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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Tectonic MetalsInc Corporate Management
Elected by the shareholders, the Tectonic MetalsInc's board of directors comprises two types of representatives: Tectonic MetalsInc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tectonic. The board's role is to monitor Tectonic MetalsInc's management team and ensure that shareholders' interests are well served. Tectonic MetalsInc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tectonic MetalsInc's outside directors are responsible for providing unbiased perspectives on the board's policies.
How to buy Tectonic Stock?
Before investing in Tectonic MetalsInc, 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 Tectonic MetalsInc. To buy Tectonic MetalsInc stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tectonic MetalsInc. 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 Tectonic MetalsInc stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tectonic MetalsInc 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 Tectonic MetalsInc 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 Tectonic MetalsInc, 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 Tectonic MetalsInc?
The danger of trading Tectonic MetalsInc 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 Tectonic MetalsInc 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 Tectonic MetalsInc. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tectonic MetalsInc 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 Tectonic MetalsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in non-hispanic. Note that the Tectonic MetalsInc information on this page should be used as a complementary analysis to other Tectonic MetalsInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Tectonic Stock analysis
When running Tectonic MetalsInc's price analysis, check to measure Tectonic MetalsInc'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 Tectonic MetalsInc is operating at the current time. Most of Tectonic MetalsInc's value examination focuses on studying past and present price action to predict the probability of Tectonic MetalsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic MetalsInc's price. Additionally, you may evaluate how the addition of Tectonic MetalsInc to your portfolios can decrease your overall portfolio volatility.
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