Teck Resources Stock Forecast - Daily Balance Of Power

TECK Stock  USD 41.25  0.31  0.76%   
Teck Stock Forecast is based on your current time horizon. Although Teck Resources' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Teck Resources' systematic risk associated with finding meaningful patterns of Teck Resources fundamentals over time.
  
Inventory Turnover is expected to rise to 5.21 this year. Payables Turnover is expected to rise to 4.77 this year. Net Income Applicable To Common Shares is expected to rise to about 4 B this year, although the value of Common Stock Shares Outstanding will most likely fall to about 475 M.
On December 12, 2024 Teck Resources Ltd had Daily Balance Of Power of (0.38). Balance of Power indicator (or BOP) measures the strength of Teck Resources Ltd market sensitivity to bulls and bears. It estimates the ability of Teck Resources buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Teck Resources Balance of Power indicator one can determine a trend of the price direction.
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Teck Resources Trading Date Momentum

On December 13 2024 Teck Resources Ltd was traded for  44.09  at the closing time. The top price for the day was 44.73  and the lowest listed price was  43.62 . The trading volume for the day was 3 M. The trading history from December 13, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.26% . The trading price change against the current closing price is 6.63% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Teck Resources

For every potential investor in Teck, whether a beginner or expert, Teck Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Teck Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Teck. Basic forecasting techniques help filter out the noise by identifying Teck Resources' price trends.

Teck Resources Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Teck Resources stock to make a market-neutral strategy. Peer analysis of Teck Resources could also be used in its relative valuation, which is a method of valuing Teck Resources by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Teck Resources Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Teck Resources' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Teck Resources' current price.

Teck Resources Market Strength Events

Market strength indicators help investors to evaluate how Teck Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teck Resources shares will generate the highest return on investment. By undertsting and applying Teck Resources stock market strength indicators, traders can identify Teck Resources Ltd entry and exit signals to maximize returns.

Teck Resources Risk Indicators

The analysis of Teck Resources' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Teck Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting teck stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether Teck Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teck Resources Ltd Stock. Highlighted below are key reports to facilitate an investment decision about Teck Resources Ltd Stock:
Check out Historical Fundamental Analysis of Teck Resources to cross-verify your projections.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Diversified Metals & Mining space 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 Teck Resources. If investors know Teck 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 Teck Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Dividend Share
0.5
Earnings Share
2.03
Revenue Per Share
32.13
Quarterly Revenue Growth
0.437
The market value of Teck Resources is measured differently than its book value, which is the value of Teck that is recorded on the company's balance sheet. Investors also form their own opinion of Teck Resources' value that differs from its market value or its book value, called intrinsic value, which is Teck Resources' 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 Teck Resources' market value can be influenced by many factors that don't directly affect Teck Resources' 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 Teck Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teck Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teck Resources' 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.