Taseko Mines Stock Performance
| TGB Stock | USD 1.92 0.10 4.95% |
The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Taseko Mines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Taseko Mines is expected to be smaller as well. At this point, Taseko Mines has a negative expected return of -0.17%. Please make sure to validate Taseko Mines' kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Taseko Mines performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Taseko Mines has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's technical and fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Actual Historical Performance (%)
Five Day Return (6.05) | Year To Date Return 46.38 | Ten Year Return 105.91 | All Time Return (83.84) |
1 | Taseko Mines Ltd Q3 2024 Earnings Report Preview What To Look For | 11/05/2024 |
2 | Taseko Mines Ltd Q3 2024 Everything You Need to Know Ahead of Earnings | 11/06/2024 |
3 | Taseko Reports Third Quarter 2024 Operational Performance and 48 Million of Adjusted EBITDA | 11/07/2024 |
4 | Is Taseko Mines A Risky Investment | 11/08/2024 |
5 | Taseko Mines Shareholders May Want To Dig Deeper Than Statutory Profit | 11/14/2024 |
6 | Taseko Mines Limited A Bull Case Theory | 12/06/2024 |
7 | Taseko Mines just upgraded at National Bank, heres why TGB | 12/10/2024 |
8 | The 9.3 percent return this week takes Taseko Mines shareholders five-year gains to 446 | 12/12/2024 |
| Begin Period Cash Flow | 120.9 M |
Taseko |
Taseko Mines Relative Risk vs. Return Landscape
If you would invest 224.00 in Taseko Mines on September 19, 2024 and sell it today you would lose (32.00) from holding Taseko Mines or give up 14.29% of portfolio value over 90 days. Taseko Mines is generating negative expected returns assuming volatility of 3.7692% on return distribution over 90 days investment horizon. In other words, 33% of stocks are less volatile than Taseko, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Taseko Mines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taseko Mines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Taseko Mines, and traders can use it to determine the average amount a Taseko Mines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0458
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| Negative Returns | TGB |
Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 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 Fundamentals Growth
Taseko Stock prices reflect investors' perceptions of the future prospects and financial health of Taseko Mines, and Taseko Mines fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Taseko Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0337 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 992.22 M | ||||
| Shares Outstanding | 304.45 M | ||||
| Price To Earning | 12.40 X | ||||
| Price To Book | 1.82 X | ||||
| Price To Sales | 1.06 X | ||||
| Revenue | 524.97 M | ||||
| Gross Profit | 106.22 M | ||||
| EBITDA | 233.23 M | ||||
| Net Income | 82.73 M | ||||
| Cash And Equivalents | 120.86 M | ||||
| Cash Per Share | 0.62 X | ||||
| Total Debt | 632.38 M | ||||
| Debt To Equity | 1.46 % | ||||
| Current Ratio | 2.41 X | ||||
| Book Value Per Share | 1.58 X | ||||
| Cash Flow From Operations | 151.09 M | ||||
| Earnings Per Share | 0.11 X | ||||
| Market Capitalization | 616.29 M | ||||
| Total Asset | 1.57 B | ||||
| Retained Earnings | (123.38 M) | ||||
| Working Capital | 108.27 M | ||||
| Current Asset | 133.06 M | ||||
| Current Liabilities | 95.45 M | ||||
About Taseko Mines Performance
By analyzing Taseko Mines' fundamental ratios, stakeholders can gain valuable insights into Taseko Mines' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Taseko Mines has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Taseko Mines has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 141.28 | 182.52 | |
| Return On Tangible Assets | 0.05 | 0.06 | |
| Return On Capital Employed | 0.13 | 0.14 | |
| Return On Assets | 0.05 | 0.06 | |
| Return On Equity | 0.19 | 0.18 |
Things to note about Taseko Mines performance evaluation
Checking the ongoing alerts about Taseko Mines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Taseko Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Taseko Mines generated a negative expected return over the last 90 days | |
| Taseko Mines may become a speculative penny stock | |
| Taseko Mines has high historical volatility and very poor performance | |
| Latest headline from simplywall.st: The 9.3 percent return this week takes Taseko Mines shareholders five-year gains to 446 |
- Analyzing Taseko Mines' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Taseko Mines' stock is overvalued or undervalued compared to its peers.
- Examining Taseko Mines' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Taseko Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taseko Mines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Taseko Mines' stock. These opinions can provide insight into Taseko Mines' potential for growth and whether the stock is currently undervalued or overvalued.
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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