TRP Earnings Yield from 2010 to 2025

TRP Stock  USD 44.74  0.40  0.90%   
TC Energy Earnings Yield yearly trend continues to be relatively stable with very little volatility. Earnings Yield is likely to grow to 0.07 this year. Earnings Yield is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. View All Fundamentals
 
Earnings Yield  
First Reported
2010-12-31
Previous Quarter
0.0675625
Current Value
0.0696
Quarterly Volatility
0.04099705
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TC Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TC Energy's main balance sheet or income statement drivers, such as Total Revenue of 9.9 B, Gross Profit of 6 B or Operating Income of 5.6 B, as well as many indicators such as Price To Sales Ratio of 5.3, Dividend Yield of 0.0343 or PTB Ratio of 1.5. TRP financial statements analysis is a perfect complement when working with TC Energy Valuation or Volatility modules.
  
Check out the analysis of TC Energy Correlation against competitors.

Latest TC Energy's Earnings Yield Growth Pattern

Below is the plot of the Earnings Yield of TC Energy Corp over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. TC Energy's Earnings Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TC Energy's overall financial position and show how it may be relating to other accounts over time.
Earnings Yield10 Years Trend
Very volatile
   Earnings Yield   
       Timeline  

TRP Earnings Yield Regression Statistics

Arithmetic Mean0.05
Coefficient Of Variation77.11
Mean Deviation0.03
Median0.05
Standard Deviation0.04
Sample Variance0
Range0.1866
R-Value(0.07)
Mean Square Error0
R-Squared0.01
Significance0.79
Slope(0.0006)
Total Sum of Squares0.03

TRP Earnings Yield History

2025 0.0696
2024 0.0676
2023 0.0542
2022 0.0139
2021 0.0342
2020 0.0949
2019 0.0644

About TC Energy Financial Statements

TC Energy shareholders use historical fundamental indicators, such as Earnings Yield, to determine how well the company is positioned to perform in the future. Although TC Energy investors may analyze each financial statement separately, they are all interrelated. The changes in TC Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on TC Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Earnings Yield 0.07  0.07 

Pair Trading with TC Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TC Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TC Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to TC Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TC Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TC Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TC Energy Corp to buy it.
The correlation of TC Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TC Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TC Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TC Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for TRP 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.