Trustco Bank Corp Stock Alpha and Beta Analysis
| TRST Stock | USD 37.24 0.32 0.85% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as TrustCo Bank Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in TrustCo Bank over a specified time horizon. Remember, high TrustCo Bank's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to TrustCo Bank's market risk premium analysis include:
Beta 2 | Alpha (0.11) | Risk 2.24 | Sharpe Ratio 0.0727 | Expected Return 0.16 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
TrustCo |
TrustCo Bank Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. TrustCo Bank market risk premium is the additional return an investor will receive from holding TrustCo Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TrustCo Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate TrustCo Bank's performance over market.| α | -0.11 | β | 2.00 |
TrustCo Bank expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of TrustCo Bank's Buy-and-hold return. Our buy-and-hold chart shows how TrustCo Bank performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.TrustCo Bank Market Price Analysis
Market price analysis indicators help investors to evaluate how TrustCo Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TrustCo Bank shares will generate the highest return on investment. By understating and applying TrustCo Bank stock market price indicators, traders can identify TrustCo Bank position entry and exit signals to maximize returns.
TrustCo Bank Return and Market Media
The median price of TrustCo Bank for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 33.57 with a coefficient of variation of 5.34. The daily time series for the period is distributed with a sample standard deviation of 1.82, arithmetic mean of 34.09, and mean deviation of 1.51. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Robert Leonard of 1481 shares of TrustCo Bank subject to Rule 16b-3 | 09/12/2024 |
| TrustCo Bank dividend paid on 1st of October 2024 | 10/01/2024 |
2 | Trustco Reports Third Quarter 2024 Net Income of 12.9 MillionSkillful Application of Strong Fundamentals Produce Solid Results | 10/21/2024 |
3 | Earnings call TrustCo Bank reports a net income of 12.9 million for the third quarter of 2024 | 10/22/2024 |
4 | TrustCo Bank Corp NY Third Quarter 2024 Earnings EPS US0.68 | 10/23/2024 |
5 | Disposition of 526 shares by Flynn Brian C of TrustCo Bank subject to Rule 16b-3 | 10/30/2024 |
6 | Acquisition by Robert McCormick of 2865 shares of TrustCo Bank at 32.15 subject to Rule 16b-3 | 11/06/2024 |
7 | Acquisition by Kevin Curley of 1450 shares of TrustCo Bank at 32.15 subject to Rule 16b-3 | 11/08/2024 |
8 | Disposition of 988 shares by Eric Schreck of TrustCo Bank subject to Rule 16b-3 | 11/15/2024 |
9 | Royce Associates LP Lowers Stake in TrustCo Bank Corp NY - MarketBeat | 11/18/2024 |
10 | TrustCo Bank declares 0.36 dividend | 11/19/2024 |
11 | Disposition of 7 shares by Flynn Brian C of TrustCo Bank subject to Rule 16b-3 | 11/21/2024 |
12 | Disposition of 450 shares by Kevin Curley of TrustCo Bank at 36.77 subject to Rule 16b-3 | 11/25/2024 |
About TrustCo Bank Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including TrustCo or other stocks. Alpha measures the amount that position in TrustCo Bank Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.041 | 0.0375 | 0.0464 | 0.0473 | Price To Sales Ratio | 3.6 | 3.79 | 3.11 | 4.0 |
TrustCo Bank Upcoming Company Events
As portrayed in its financial statements, the presentation of TrustCo Bank's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TrustCo Bank's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of TrustCo Bank's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of TrustCo Bank. Please utilize our Beneish M Score to check the likelihood of TrustCo Bank's management manipulating its earnings.
| 22nd of April 2024 Upcoming Quarterly Report | View | |
| 22nd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 27th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
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Additional Tools for TrustCo Stock Analysis
When running TrustCo Bank's price analysis, check to measure TrustCo Bank'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 TrustCo Bank is operating at the current time. Most of TrustCo Bank's value examination focuses on studying past and present price action to predict the probability of TrustCo Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrustCo Bank's price. Additionally, you may evaluate how the addition of TrustCo Bank to your portfolios can decrease your overall portfolio volatility.