Tc Energy Corp Preferred Stock Performance
| TRP-PA Preferred Stock | CAD 17.80 0.19 1.08% |
TC Energy has a performance score of 9 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.0028, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TC Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding TC Energy is expected to be smaller as well. TC Energy Corp today owns a risk of 0.85%. Please validate TC Energy Corp sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if TC Energy Corp will be following its current price history.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in TC Energy Corp are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating basic indicators, TC Energy may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 1.5 B | |
| Total Cashflows From Investing Activities | -7.7 B |
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TC Energy Relative Risk vs. Return Landscape
If you would invest 1,673 in TC Energy Corp on September 25, 2024 and sell it today you would earn a total of 107.00 from holding TC Energy Corp or generate 6.4% return on investment over 90 days. TC Energy Corp is generating 0.102% of daily returns and assumes 0.8544% volatility on return distribution over the 90 days horizon. Simply put, 7% of preferred stocks are less volatile than TRP-PA, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TC Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TC Energy's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as TC Energy Corp, and traders can use it to determine the average amount a TC Energy's 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 = 0.1194
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Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average TC Energy is performing at about 9% of its full potential. 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 TC Energy by adding it to a well-diversified portfolio.
TC Energy Fundamentals Growth
TRP-PA Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of TC Energy, and TC Energy 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 TRP-PA Preferred Stock performance.
| Return On Equity | 0.0982 | ||||
| Return On Asset | 0.0365 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.44 % | ||||
| Current Valuation | 72.05 B | ||||
| Shares Outstanding | 914 M | ||||
| Price To Earning | 2.58 X | ||||
| Price To Sales | 4.34 X | ||||
| Revenue | 13.39 B | ||||
| EBITDA | 7.05 B | ||||
| Cash And Equivalents | 2.38 B | ||||
| Cash Per Share | 2.53 X | ||||
| Total Debt | 46.28 B | ||||
| Debt To Equity | 1.47 % | ||||
| Book Value Per Share | 32.88 X | ||||
| Cash Flow From Operations | 6.89 B | ||||
| Earnings Per Share | 3.29 X | ||||
| Total Asset | 104.22 B | ||||
About TC Energy Performance
By analyzing TC Energy's fundamental ratios, stakeholders can gain valuable insights into TC Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TC Energy 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 TC Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TC Energy Corporation operates as an energy infrastructure company in North America. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada. TC ENERGY operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 7305 people.Things to note about TC Energy Corp performance evaluation
Checking the ongoing alerts about TC Energy for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for TC Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TC Energy Corp has accumulated 46.28 B in total debt with debt to equity ratio (D/E) of 1.47, which is about average as compared to similar companies. TC Energy Corp has a current ratio of 0.57, 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-PA 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. |
- Analyzing TC Energy's 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 TC Energy's stock is overvalued or undervalued compared to its peers.
- Examining TC Energy's 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 TC Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TC Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TC Energy's preferred stock. These opinions can provide insight into TC Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TRP-PA Preferred Stock analysis
When running TC Energy's price analysis, check to measure TC Energy's 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 TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.
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