TC Energy Financials
TRS Stock | EUR 43.49 0.27 0.62% |
TRS |
TC Energy Stock Summary
TC Energy competes with Enbridge, Cheniere Energy, Kinder Morgan, and Williams Companies. TC Energy Corporation operates as an energy infrastructure company in North America. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada. TC ENERGY operates under Oil Gas Midstream classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7081 people.Foreign Associate | USA |
Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | CA87807B1076 |
Business Address | 450 - 1 |
Sector | Energy |
Industry | Oil & Gas Midstream |
Benchmark | Dow Jones Industrial |
Website | www.tcenergy.com |
Phone | 403 920 2000 |
Currency | EUR - Euro |
You should never invest in TC Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of TRS Stock, because this is throwing your money away. Analyzing the key information contained in TC Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
TC Energy Key Financial Ratios
There are many critical financial ratios that TC Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that TC Energy reports annually and quarterly.Return On Equity | 0.0233 | |||
Return On Asset | 0.0351 | |||
Beta | 0.86 | |||
Last Dividend Paid | 3.6 |
TRS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TC Energy's current stock value. Our valuation model uses many indicators to compare TC Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TC Energy competition to find correlations between indicators driving TC Energy's intrinsic value. More Info.TC Energy is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 1.51 of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TC Energy's earnings, one of the primary drivers of an investment's value.TC Energy Systematic Risk
TC Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TC Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on TC Energy correlated with the market. If Beta is less than 0 TC Energy generally moves in the opposite direction as compared to the market. If TC Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TC Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TC Energy is generally in the same direction as the market. If Beta > 1 TC Energy moves generally in the same direction as, but more than the movement of the benchmark.
TC Energy December 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of TC Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TC Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of TC Energy based on widely used predictive technical indicators. In general, we focus on analyzing TRS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TC Energy's daily price indicators and compare them against related drivers.
Downside Deviation | 1.87 | |||
Information Ratio | 0.081 | |||
Maximum Drawdown | 11.56 | |||
Value At Risk | (1.96) | |||
Potential Upside | 3.21 |
Complementary Tools for TRS 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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