Texas Capital Bancshares Preferred Stock Price on October 17, 2024
| TCBIO Preferred Stock | USD 21.27 0.18 0.85% |
If you're considering investing in Texas Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Texas Capital stands at 21.27, as last reported on the 26th of November, with the highest price reaching 21.50 and the lowest price hitting 21.13 during the day. As of now, Texas Preferred Stock is very steady. Texas Capital Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0617, which indicates the firm had a 0.0617% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Texas Capital Bancshares, which you can use to evaluate the volatility of the company. Please validate Texas Capital's Coefficient Of Variation of 1208.31, semi deviation of 0.8737, and Risk Adjusted Performance of 0.0664 to confirm if the risk estimate we provide is consistent with the expected return of 0.0691%.
Texas Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Texas |
Sharpe Ratio = 0.0617
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Texas Capital is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Texas Capital by adding it to a well-diversified portfolio.
Texas Capital Valuation on October 17, 2024
It is possible to determine the worth of Texas Capital on a given historical date. On October 17, 2024 Texas was worth 21.32 at the beginning of the trading date compared to the closed value of 21.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Texas Capital preferred stock. Still, in general, we apply an absolute valuation method to find Texas Capital's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Texas Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Texas Capital's related companies.
| Open | High | Low | Close | Volume | |
| 21.25 | 21.46 | 21.24 | 21.33 | 25,870 | |
10/17/2024 | 21.32 | 21.41 | 21.15 | 21.34 | 25,637 |
| 21.39 | 21.49 | 21.22 | 21.33 | 28,197 |
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Texas Capital Trading Date Momentum on October 17, 2024
| On October 18 2024 Texas Capital Bancshares was traded for 21.33 at the closing time. The highest daily price throughout the period was 21.49 and the lowest price was 21.22 . The daily volume was 28.2 K. The net trading volume on 10/18/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.05% . The trading price change to current closing price is 2.30% . |
Texas Capital Bancshares Fundamentals Correlations and Trends
By evaluating Texas Capital's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Texas Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Texas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Texas Capital Preferred Stock history
Texas Capital investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Texas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Texas Capital Bancshares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Texas Capital stock prices may prove useful in developing a viable investing in Texas Capital
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.
Texas Capital Preferred Stock Technical Analysis
Texas Capital technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
Price Boundaries
Texas Capital Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Texas Capital Bancshares cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Texas Capital November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Texas Capital preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Texas Capital shares will generate the highest return on investment. By undertsting and applying Texas Capital preferred stock market strength indicators, traders can identify Texas Capital Bancshares entry and exit signals to maximize returns
Texas Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Texas Capital's price direction in advance. Along with the technical and fundamental analysis of Texas Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Texas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0664 | |||
| Jensen Alpha | 0.0546 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3572 |
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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.