TXNM Energy, Stock Forecast - Downside Variance
| TXNM Stock | USD 48.79 0.32 0.66% |
TXNM Stock Forecast is based on your current time horizon. Although TXNM Energy,'s naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of TXNM Energy,'s systematic risk associated with finding meaningful patterns of TXNM Energy, fundamentals over time.
TXNM |
| Check TXNM Energy, Volatility | Backtest TXNM Energy, | Information Ratio |
TXNM Energy, Trading Date Momentum
| On November 22 2024 TXNM Energy, was traded for 48.79 at the closing time. The top price for the day was 49.08 and the lowest listed price was 48.43 . The trading volume for the day was 749.9 K. The trading history from November 22, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.66% . |
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Other Forecasting Options for TXNM Energy,
For every potential investor in TXNM, whether a beginner or expert, TXNM Energy,'s price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TXNM Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TXNM. Basic forecasting techniques help filter out the noise by identifying TXNM Energy,'s price trends.TXNM Energy, Related Equities
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 TXNM Energy, stock to make a market-neutral strategy. Peer analysis of TXNM Energy, could also be used in its relative valuation, which is a method of valuing TXNM Energy, by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
TXNM Energy, Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of TXNM Energy,'s price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of TXNM Energy,'s current price.| Cycle Indicators | ||
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TXNM Energy, Market Strength Events
Market strength indicators help investors to evaluate how TXNM Energy, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TXNM Energy, shares will generate the highest return on investment. By undertsting and applying TXNM Energy, stock market strength indicators, traders can identify TXNM Energy, entry and exit signals to maximize returns.
| Accumulation Distribution | 9931.16 | |||
| Daily Balance Of Power | 0.4923 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 48.76 | |||
| Day Typical Price | 48.77 | |||
| Price Action Indicator | 0.2 | |||
| Period Momentum Indicator | 0.32 |
TXNM Energy, Risk Indicators
The analysis of TXNM Energy,'s basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in TXNM Energy,'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting txnm stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7674 | |||
| Semi Deviation | 0.5012 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.05 | |||
| Downside Variance | 0.6693 | |||
| Semi Variance | 0.2512 | |||
| Expected Short fall | (0.99) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of TXNM Energy, to cross-verify your projections. To learn how to invest in TXNM Stock, please use our How to Invest in TXNM Energy, guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TXNM Energy,. If investors know TXNM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TXNM Energy, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.007 | Dividend Share 1.53 | Earnings Share 0.9 | Revenue Per Share 20.825 | Quarterly Revenue Growth 0.023 |
The market value of TXNM Energy, is measured differently than its book value, which is the value of TXNM that is recorded on the company's balance sheet. Investors also form their own opinion of TXNM Energy,'s value that differs from its market value or its book value, called intrinsic value, which is TXNM Energy,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TXNM Energy,'s market value can be influenced by many factors that don't directly affect TXNM Energy,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TXNM Energy,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if TXNM Energy, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TXNM Energy,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.