Taseko Mines Stock Price on August 29, 2024

TGB Stock  USD 1.98  0.07  3.66%   
If you're considering investing in Taseko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Taseko Mines stands at 1.98, as last reported on the 23rd of December, with the highest price reaching 2.01 and the lowest price hitting 1.89 during the day. Taseko Mines owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0707, which indicates the firm had a -0.0707% return per unit of risk over the last 3 months. Taseko Mines exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Taseko Mines' Variance of 13.07, coefficient of variation of (1,415), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
  
Taseko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0707

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Estimated Market Risk

 3.62
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Taseko Mines is not performing at its full potential. However, 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 Taseko Mines by adding Taseko Mines to a well-diversified portfolio.

Taseko Mines Valuation on August 29, 2024

It is possible to determine the worth of Taseko Mines on a given historical date. On August 29, 2024 Taseko was worth 2.18 at the beginning of the trading date compared to the closed value of 2.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Taseko Mines stock. Still, in general, we apply an absolute valuation method to find Taseko Mines' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Taseko Mines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Taseko Mines' related companies.
 Open High Low Close Volume
  2.24    2.25    2.15    2.16    2,004,060  
08/29/2024
  2.18    2.25    2.18    2.20    1,824,778  
  2.21    2.28    2.18    2.26    1,830,687  
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Open Value
2.18
2.2
Closing Value
13.03
Upside

Taseko Mines Trading Date Momentum on August 29, 2024

On August 30 2024 Taseko Mines was traded for  2.26  at the closing time. Highest Taseko Mines's price during the trading hours was 2.28  and the lowest price during the day was  2.18 . The net volume was 1.8 M. The overall trading history on the 30th of August contributed to the next trading period price jump. The trading price change to the next next day price was 2.73% . The trading price change to current price is 12.27% .

Taseko Mines Fundamentals Correlations and Trends

By evaluating Taseko Mines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Taseko Mines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Taseko financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Taseko Mines Stock history

Taseko Mines investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Taseko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Taseko Mines will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Taseko Mines stock prices may prove useful in developing a viable investing in Taseko Mines
Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. The company was incorporated in 1966 and is headquartered in Vancouver, Canada. Taseko Mines operates under Copper classification in the United States and is traded on AMEX Exchange.

Taseko Mines Stock Technical Analysis

Taseko Mines technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Taseko Mines technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Taseko Mines trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Taseko Mines Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Taseko Mines cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Taseko Mines December 23, 2024 Market Strength

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

Taseko Mines Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Taseko Mines' price direction in advance. Along with the technical and fundamental analysis of Taseko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Taseko to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Taseko Stock analysis

When running Taseko Mines' price analysis, check to measure Taseko Mines' 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 Taseko Mines is operating at the current time. Most of Taseko Mines' value examination focuses on studying past and present price action to predict the probability of Taseko Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taseko Mines' price. Additionally, you may evaluate how the addition of Taseko Mines to your portfolios can decrease your overall portfolio volatility.
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