Tc Energy Corp Preferred Stock Buy Hold or Sell Recommendation
| TRP-PB Preferred Stock | CAD 14.44 0.07 0.49% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding TC Energy Corp is 'Hold'. Macroaxis provides TC Energy buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TRP-PB positions.
Check out TC Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as TRP-PB and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards TC Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
TRP-PB |
Execute TC Energy Buy or Sell Advice
The TRP-PB recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on TC Energy Corp. Macroaxis does not own or have any residual interests in TC Energy Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute TC Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
TC Energy Trading Alerts and Improvement Suggestions
| TC Energy Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| TC Energy Corp has accumulated 46.28 B in total debt with debt to equity ratio (D/E) of 157.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TC Energy Corp has a current ratio of 0.43, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TC Energy until it has trouble settling it off, either with new capital or with free cash flow. So, TC Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TC Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TRP-PB to invest in growth at high rates of return. When we think about TC Energy's use of debt, we should always consider it together with cash and equity. |
TC Energy Returns Distribution Density
The distribution of TC Energy's historical returns is an attempt to chart the uncertainty of TC Energy's future price movements. The chart of the probability distribution of TC Energy daily returns describes the distribution of returns around its average expected value. We use TC Energy Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of TC Energy returns is essential to provide solid investment advice for TC Energy.
| Mean Return | 0.11 | Value At Risk | -1.41 | Potential Upside | 1.44 | Standard Deviation | 0.91 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of TC Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
TC Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to TC Energy or Energy sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that TC Energy's price will be affected by overall preferred stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a TRP-PB preferred stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.90 | |
Ir | Information ratio | 0.09 |
TC Energy Volatility Alert
TC Energy Corp has low volatility with Treynor Ratio of 0.82, Maximum Drawdown of 5.61 and kurtosis of 1.92. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure TC Energy's preferred stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact TC Energy's preferred stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.TC Energy Fundamentals Vs Peers
Comparing TC Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze TC Energy's direct or indirect competition across all of the common fundamentals between TC Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as TC Energy or determine the preferred stocks which would be an excellent addition to an existing portfolio. Peer analysis of TC Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing TC Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare TC Energy to competition |
| Fundamentals | TC Energy | Peer Average |
| Return On Equity | 0.0982 | -0.31 |
| Return On Asset | 0.0365 | -0.14 |
| Profit Margin | 0.23 % | (1.27) % |
| Operating Margin | 0.44 % | (5.51) % |
| Current Valuation | 66.87 B | 16.62 B |
| Shares Outstanding | 914 M | 571.82 M |
| Shares Owned By Institutions | 38.54 % | 39.21 % |
| Number Of Shares Shorted | 46.63 K | 4.71 M |
| Price To Earning | 2.38 X | 28.72 X |
| Price To Sales | 4.25 X | 11.42 X |
| Revenue | 13.39 B | 9.43 B |
| Gross Profit | 9.38 B | 27.38 B |
| EBITDA | 7.05 B | 3.9 B |
| Net Income | 1.96 B | 570.98 M |
| Cash And Equivalents | 666 M | 2.7 B |
| Cash Per Share | 0.72 X | 5.01 X |
| Total Debt | 46.28 B | 5.32 B |
| Debt To Equity | 157.10 % | 48.70 % |
| Current Ratio | 0.44 X | 2.16 X |
| Book Value Per Share | 32.88 X | 1.93 K |
| Cash Flow From Operations | 6.89 B | 971.22 M |
| Short Ratio | 18.14 X | 4.00 X |
| Earnings Per Share | 3.29 X | 3.12 X |
| Number Of Employees | 7.02 K | 18.84 K |
| Beta | 0.86 | -0.15 |
| Market Capitalization | 66.39 B | 19.03 B |
| Total Asset | 104.22 B | 29.47 B |
| Z Score | 0.6 | 8.72 |
| Annual Yield | 0.04 % | |
| Five Year Return | 4.69 % | |
| Net Asset | 104.22 B | |
| Last Dividend Paid | 3.57 |
TC Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as TRP-PB . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 14.44 | |||
| Day Typical Price | 14.44 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.07 |
About TC Energy Buy or Sell Advice
When is the right time to buy or sell TC Energy Corp? Buying financial instruments such as TRP-PB Preferred Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having TC Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Long Short Funds
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Other Information on Investing in TRP-PB Preferred Stock
TC Energy financial ratios help investors to determine whether TRP-PB Preferred 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 TRP-PB with respect to the benefits of owning TC Energy security.