TC Energy Corporation TRP Shares Purchased by Legal General Group Plc
| TRP Stock | USD 54.13 0.52 0.95% |
Slightly above 62% of TC Energy's investor base is looking to short. The analysis of current outlook of investing in TC Energy Corp suggests that many traders are alarmed regarding TC Energy's prospects. TC Energy's investing sentiment overview a quick insight into current market opportunities from investing in TC Energy Corp. Many technical investors use TC Energy Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Legal General Group Plc increased its stake in TC Energy Corporation by 4.9 percent in the second quarter, according to its most recent 13F filing with the Securities Exchange Commission. The institutional investor owned 9,645,179 shares of the pipeline companys stock after purchasing an additional 446,294 shares during the
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TC Energy Fundamental Analysis
We analyze TC Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TC Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TC Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Short Ratio
Short Ratio Comparative Analysis
TC Energy is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
TC Energy Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TC Energy stock to make a market-neutral strategy. Peer analysis of TC Energy could also be used in its relative valuation, which is a method of valuing TC Energy by comparing valuation metrics with similar companies.
Peers
TC Energy Related Equities
| BKR | Baker Hughes | 0.63 | ||||
| E | Eni SPA | 0.56 | ||||
| KMI | Kinder Morgan | 0.11 | ||||
| IMO | Imperial Oil | 0.1 | ||||
| OKE | ONEOK | 0.04 | ||||
| SU | Suncor Energy | 0.50 | ||||
| MPLX | MPLX LP | 0.55 | ||||
| SLB | Schlumberger | 0.57 | ||||
| ET | Energy Transfer | 0.77 | ||||
| LNG | Cheniere Energy | 2.38 |
Additional Tools for TRP 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.