Tmc The Metals Stock Price on December 31, 2022
| TMC Stock | USD 1.45 0.01 0.68% |
If you're considering investing in TMC Stock, it is important to understand the factors that can impact its price. As of today, the current price of TMC The stands at 1.45, as last reported on the 15th of May 2024, with the highest price reaching 1.45 and the lowest price hitting 1.45 during the day. TMC The appears to be very risky, given 3 months investment horizon. TMC the metals retains Efficiency (Sharpe Ratio) of 0.0732, which indicates the firm had a 0.0732% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for TMC The, which you can use to evaluate the volatility of the company. Please review TMC The's downside deviation of 4.62, and Risk Adjusted Performance of 0.0566 to confirm if our risk estimates are consistent with your expectations.
At present, TMC The's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. . At present, TMC The's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 35.62, whereas Price Earnings Ratio is forecasted to decline to (4.52). TMC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TMC |
Sharpe Ratio = 0.0732
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.97 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average TMC The is performing at about 5% of its full potential. 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 TMC The by adding it to a well-diversified portfolio.
Price Book 52.4684 | Book Value 0.036 | Enterprise Value 457.8 M | Enterprise Value Ebitda (7.80) | Shares Float 179.7 M |
TMC The Valuation on December 31, 2022
It is possible to determine the worth of TMC The on a given historical date. On December 31, 2022 TMC was worth 0.68 at the beginning of the trading date compared to the closed value of 0.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TMC The stock. Still, in general, we apply an absolute valuation method to find TMC The's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TMC The where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TMC The's related companies.
| Open | High | Low | Close | Volume | |
| 0.60 | 0.75 | 0.59 | 0.70 | 1,698,485 | |
12/30/2022 | 0.68 | 0.77 | 0.67 | 0.77 | 1,392,814 |
| 0.80 | 0.81 | 0.71 | 0.72 | 567,463 |
| Backtest TMC The | | | TMC The History | | | TMC The Valuation | Previous | Next |
TMC The Trading Date Momentum on December 31, 2022
| On January 03 2023 TMC the metals was traded for 0.72 at the closing time. Highest TMC The's price during the trading hours was 0.81 and the lowest price during the day was 0.71 . The net volume was 567.5 K. The overall trading history on the 3rd of January contributed to the next trading period price depreciation. The trading price change to the next next day price was 6.49% . The trading price change to current price is 11.69% . |
TMC the metals Fundamentals Correlations and Trends
By evaluating TMC The's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TMC The's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TMC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TMC The Stock history
TMC The investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TMC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TMC the metals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TMC The stock prices may prove useful in developing a viable investing in TMC The
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 288.6 M | 200.7 M | |
| Net Loss | -49.2 M | -51.7 M |
TMC The Stock Technical Analysis
TMC The 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.
Price Boundaries
TMC The Period Price Range
Low | December 30, 2022
| High |
0.68 | 0.77 |
TMC The May 15, 2024 Market Strength
Market strength indicators help investors to evaluate how TMC The stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TMC The shares will generate the highest return on investment. By undertsting and applying TMC The stock market strength indicators, traders can identify TMC the metals entry and exit signals to maximize returns
| Accumulation Distribution | 180885.0 | |||
| Daily Balance Of Power | 0.9 | |||
| Rate Of Daily Change | 1.13 | |||
| Day Median Price | 0.72 | |||
| Day Typical Price | 0.74 | |||
| Price Action Indicator | 0.095 | |||
| Period Momentum Indicator | 0.68 |
TMC The Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TMC The's price direction in advance. Along with the technical and fundamental analysis of TMC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TMC to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0566 | |||
| Jensen Alpha | 0.4943 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0636 | |||
| Treynor Ratio | (0.21) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for TMC Stock analysis
When running TMC The's price analysis, check to measure TMC The'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 TMC The is operating at the current time. Most of TMC The's value examination focuses on studying past and present price action to predict the probability of TMC The's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TMC The's price. Additionally, you may evaluate how the addition of TMC The to your portfolios can decrease your overall portfolio volatility.
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Is TMC The's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TMC The. If investors know TMC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TMC The listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Return On Assets (0.55) | Return On Equity (2.81) |
The market value of TMC the metals is measured differently than its book value, which is the value of TMC that is recorded on the company's balance sheet. Investors also form their own opinion of TMC The's value that differs from its market value or its book value, called intrinsic value, which is TMC The's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TMC The's market value can be influenced by many factors that don't directly affect TMC The's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TMC The's value and its price as these two are different measures arrived at by different means. Investors typically determine if TMC The is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TMC The's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.