Teck Net Income Per E B T from 2010 to 2026
| TECK-B Stock | CAD 69.47 0.85 1.21% |
Net Loss | First Reported 2010-12-31 | Previous Quarter (0.65) | Current Value (0.68) | Quarterly Volatility 7.90992107 |
Check Teck Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teck Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Total Revenue of 7.4 B or Gross Profit of 2.5 B, as well as many indicators such as Price To Sales Ratio of 3.14, Dividend Yield of 0.0201 or PTB Ratio of 1.24. Teck financial statements analysis is a perfect complement when working with Teck Resources Valuation or Volatility modules.
Teck | Net Income Per E B T |
Latest Teck Resources' Net Income Per E B T Growth Pattern
Below is the plot of the Net Income Per E B T of Teck Resources Limited over the last few years. It is Teck Resources' Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Teck Resources' overall financial position and show how it may be relating to other accounts over time.
| Net Income Per E B T | 10 Years Trend |
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Net Income Per E B T |
| Timeline |
Teck Net Income Per E B T Regression Statistics
| Arithmetic Mean | (1.50) | |
| Geometric Mean | 0.80 | |
| Coefficient Of Variation | (528.78) | |
| Mean Deviation | 3.60 | |
| Median | 0.58 | |
| Standard Deviation | 7.91 | |
| Sample Variance | 62.57 | |
| Range | 33.4127 | |
| R-Value | (0.29) | |
| Mean Square Error | 60.98 | |
| R-Squared | 0.09 | |
| Significance | 0.25 | |
| Slope | (0.46) | |
| Total Sum of Squares | 1,001 |
Teck Net Income Per E B T History
About Teck Resources Financial Statements
Teck Resources stakeholders use historical fundamental indicators, such as Teck Resources' Net Income Per E B T, to determine how well the company is positioned to perform in the future. Although Teck Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Teck Resources' assets and liabilities are reflected in the revenues and expenses on Teck Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Teck Resources Limited. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Loss | (0.65) | (0.68) |
Pair Trading with Teck Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Teck Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Teck Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Teck Stock
| 0.75 | AG | First Majestic Silver | PairCorr |
| 0.85 | IE | Ivanhoe Energy | PairCorr |
| 0.75 | ORE | Orezone Gold Corp | PairCorr |
| 0.86 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Teck Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Teck Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Teck Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Teck Resources Limited to buy it.
The correlation of Teck Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Teck Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teck Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Teck Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Teck Stock
Teck Resources financial ratios help investors to determine whether Teck 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 Teck with respect to the benefits of owning Teck Resources security.