Financial data analysis helps to confirm if markets are currently mispricing TMX Group. We were able to interpolate and analyze data for fourty available drivers for TMX Group Limited, which can be compared to its competition. The stock experiences a normal downward trend and little activity. Check odds of TMX Group to be traded at C$51.64 in 90 days. Key indicators impacting TMX Group's financial strength include:
Understanding current and past TMX Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of TMX Group's financial statements are interrelated, with each one affecting the others. For example, an increase in TMX Group's assets may result in an increase in income on the income statement.
TMX Group competes with Richelieu Hardware, NeXGold Mining, Firan Technology, Aya Gold, and Plantify Foods. TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada. TMX GROUP operates under Financial Data Stock Exchanges classification in Canada and is traded on Toronto Stock Exchange. It employs 1332 people.
Foreign Associate
USA
Specialization
Financial Services, Financial Data & Stock Exchanges
You should never invest in TMX Group without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of TMX Stock, because this is throwing your money away. Analyzing the key information contained in TMX Group's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
TMX Group Key Financial Ratios
TMX Group's financial ratios allow both analysts and investors to convert raw data from TMX Group's financial statements into concise, actionable information that can be used to evaluate the performance of TMX Group over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining TMX Group's current stock value. Our valuation model uses many indicators to compare TMX Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TMX Group competition to find correlations between indicators driving TMX Group's intrinsic value. More Info.
TMX Group Limited is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.07 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TMX Group Limited is roughly 14.78 . At this time, TMX Group's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value TMX Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TMX Group's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
TMX Group Limited Systematic Risk
TMX Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TMX Group 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 TMX Group Limited correlated with the market. If Beta is less than 0 TMX Group generally moves in the opposite direction as compared to the market. If TMX Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TMX Group Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TMX Group is generally in the same direction as the market. If Beta > 1 TMX Group moves generally in the same direction as, but more than the movement of the benchmark.
TMX Group Limited Total Assets Over Time
Today, most investors in TMX Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various TMX Group's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of TMX Group growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of TMX Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TMX Group Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of TMX Group Limited based on widely used predictive technical indicators. In general, we focus on analyzing TMX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TMX Group's daily price indicators and compare them against related drivers.
TMX Group financial ratios help investors to determine whether TMX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TMX with respect to the benefits of owning TMX Group security.