Teck Resources Ord Shs Class A T.TECK.A

RE:Make me understand something...

[dalerules88]

fundamentally, on medium term, best correlation you'll find is probably 
- Teck.B
- copper
- zink

check out zinc, copper and Teck.B charts over the last 10-20 years and you'll see the correlation is excellent, on a medium term basis

daily/short term this relationship also holds, except for some days where re-alignment happens (few days ago Teck.B went down like 15% while zinc/copper held, more or less; this was likely realigning share price with historical materials prices, or possibly shakout, the get the weak hands out of the stock)

steel coal does not seem to correlate all that well, I'm guessing that's because zink and copper are basically proxies for major industrial trends, while steel coal is more product-specific, more scattered, and in principle would still follow copper/zink trends, i.e. macro industrial trends

nothing scientific above, just my own observations and all IMO