Tc Energy Corp Stock Performance
TRP-PE Stock | CAD 18.20 0.22 1.22% |
TC Energy has a performance score of 15 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.22, which indicates not very significant fluctuations relative to the market. 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 today owns a risk of 0.72%. Please validate TC Energy Corp sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if TC Energy Corp will be following its current price history.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in TC Energy Corp are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat abnormal basic indicators, TC Energy may actually be approaching a critical reversion point that can send shares even higher in June 2024. ...more
Begin Period Cash Flow | 620 M | |
Free Cash Flow | -881 M |
TRP-PE |
TC Energy Relative Risk vs. Return Landscape
If you would invest 1,661 in TC Energy Corp on February 2, 2024 and sell it today you would earn a total of 159.00 from holding TC Energy Corp or generate 9.57% return on investment over 90 days. TC Energy Corp is generating 0.1478% of daily returns and assumes 0.7222% volatility on return distribution over the 90 days horizon. Simply put, 6% of stocks are less volatile than TRP-PE, and 98% 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 = 0.2046
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Estimated Market Risk
0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average TC Energy is performing at about 15% 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 TC Energy by adding it to a well-diversified portfolio.
TC Energy Fundamentals Growth
TRP-PE 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-PE Stock performance.
Revenue | 15.93 B | ||||
EBITDA | 6.18 B | ||||
Total Debt | 2.94 B | ||||
Cash Flow From Operations | 7.27 B | ||||
Total Asset | 125.03 B | ||||
Retained Earnings | (3 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-PE 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-PE'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.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.Evaluating TC Energy's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate TC Energy's stock performance include:- 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 american community survey. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for TRP-PE 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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