Tectonic Financial Statements From 2010 to 2024
| TECTP Preferred Stock | USD 10.38 0.03 0.29% |
Check Tectonic Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tectonic Financial's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tectonic financial statements analysis is a perfect complement when working with Tectonic Financial Valuation or Volatility modules.
Tectonic |
Tectonic Financial PR Company Price To Earning Analysis
Tectonic Financial's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Tectonic Financial Price To Earning | 4.65 X |
Most of Tectonic Financial's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tectonic Financial PR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Tectonic Financial PR has a Price To Earning of 4.65 times. This is 74.56% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The price to earning for all United States preferred stocks is 83.81% higher than that of the company.
Tectonic Financial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tectonic Financial's current stock value. Our valuation model uses many indicators to compare Tectonic Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tectonic Financial competition to find correlations between indicators driving Tectonic Financial's intrinsic value. More Info.Tectonic Financial PR is rated below average in price to earning category among its peers. It is rated second in price to sales category among its peers fabricating about 0.14 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Tectonic Financial PR is roughly 7.34 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tectonic Financial's earnings, one of the primary drivers of an investment's value.About Tectonic Financial Financial Statements
Tectonic Financial shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Tectonic Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Tectonic Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Tectonic Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Tectonic Financial, Inc., a financial holding company, provides banking and financial products and services to high net worth individuals, small businesses, and institutions in the United States. The company was incorporated in 2016 and is headquartered in Dallas, Texas. Tectonic Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 168 people.
Pair Trading with Tectonic Financial
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 Tectonic Financial 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 Tectonic Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Tectonic Preferred Stock
| 0.64 | AX | Axos Financial | PairCorr |
| 0.64 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.73 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Tectonic Preferred Stock
| 0.56 | WF | Woori Financial Group | PairCorr |
| 0.49 | TFC-PO | Truist Financial | PairCorr |
| 0.4 | TFC-PR | Truist Financial | PairCorr |
| 0.33 | TFC-PI | Truist Financial | PairCorr |
| 0.33 | CFG-PE | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Tectonic Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tectonic Financial 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 Tectonic Financial - 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 Tectonic Financial PR to buy it.
The correlation of Tectonic Financial 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 Tectonic Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tectonic Financial 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 Tectonic Financial 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.Additional Tools for Tectonic Preferred Stock Analysis
When running Tectonic Financial's price analysis, check to measure Tectonic Financial'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 Tectonic Financial is operating at the current time. Most of Tectonic Financial's value examination focuses on studying past and present price action to predict the probability of Tectonic Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Financial's price. Additionally, you may evaluate how the addition of Tectonic Financial to your portfolios can decrease your overall portfolio volatility.