Texas Total Revenue from 2010 to 2024
| TCBIO Preferred Stock | USD 20.03 0.09 0.45% |
Check Texas Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Capital's main balance sheet or income statement drivers, such as , as well as many indicators such as . Texas financial statements analysis is a perfect complement when working with Texas Capital Valuation or Volatility modules.
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About Texas Capital Financial Statements
Texas Capital investors utilize fundamental indicators, such as Total Revenue, to predict how Texas Preferred Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. Texas Capital Bancshares, Inc. was incorporated in 1996 and is headquartered in Dallas, Texas. Texas Cap operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1751 people.
Pair Trading with Texas Capital
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 Texas Capital 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 Texas Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Texas Preferred Stock
| 0.54 | TECTP | Tectonic Financial | PairCorr |
| 0.53 | VBFC | Village Bank | PairCorr |
| 0.52 | CFG-PH | Citizens Financial Group, | PairCorr |
| 0.47 | ECBK | ECB Bancorp | PairCorr |
| 0.45 | VBNK | VersaBank | PairCorr |
The ability to find closely correlated positions to Texas Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Texas Capital 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 Texas Capital - 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 Texas Capital Bancshares to buy it.
The correlation of Texas Capital 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 Texas Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Texas Capital Bancshares 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 Texas Capital 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 Texas Preferred Stock
Texas Capital financial ratios help investors to determine whether Texas 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 Texas with respect to the benefits of owning Texas Capital security.