Teekay Stock Technical Analysis
| TK Stock | USD 7.45 0.21 2.74% |
As of the 28th of November, Teekay has the Risk Adjusted Performance of (0.03), variance of 6.26, and Coefficient Of Variation of (2,136). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Teekay, as well as the relationship between them.
Teekay Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Teekay, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TeekayTeekay |
Teekay Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 5.0 | Strong Sell | 0 | Odds |
Most Teekay analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Teekay stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Teekay, talking to its executives and customers, or listening to Teekay conference calls.
Teekay Analyst Advice DetailsTeekay 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.
Teekay Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Teekay volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Teekay Trend Analysis
Use this graph to draw trend lines for Teekay. You can use it to identify possible trend reversals for Teekay as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Teekay price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Teekay Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Teekay applied against its price change over selected period. The best fit line has a slop of 0.02 , which may indicate that the price for Teekay will continue to decline. It has 122 observation points and a regression sum of squares at 18.52, which is the sum of squared deviations for the predicted Teekay price change compared to its average price change.About Teekay Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Teekay on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Teekay based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Teekay price pattern first instead of the macroeconomic environment surrounding Teekay. By analyzing Teekay's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Teekay's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Teekay specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2020 | 2021 (projected) | Dividend Yield | 0.15 | 0.23 | Price To Sales Ratio | 0.12 | 0.47 |
Teekay November 28, 2024 Technical Indicators
Most technical analysis of Teekay help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Teekay from various momentum indicators to cycle indicators. When you analyze Teekay charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.21) | |||
| Mean Deviation | 1.75 | |||
| Coefficient Of Variation | (2,136) | |||
| Standard Deviation | 2.5 | |||
| Variance | 6.26 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.22) | |||
| Maximum Drawdown | 15.63 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 3.23 | |||
| Skewness | 1.9 | |||
| Kurtosis | 8.48 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Oil & Gas Storage & Transportation 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 Teekay. If investors know Teekay 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 Teekay 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 (0.23) | Earnings Share 1.47 | Revenue Per Share 14.064 | Quarterly Revenue Growth (0.12) | Return On Assets 0.1121 |
The market value of Teekay is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay's value that differs from its market value or its book value, called intrinsic value, which is Teekay's 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 Teekay's market value can be influenced by many factors that don't directly affect Teekay's 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 Teekay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay's 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.