Texas Community Bancshares Stock Price on February 14, 2024
| TCBS Stock | USD 15.00 0.13 0.87% |
If you're considering investing in Texas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Texas Community stands at 15.00, as last reported on the 29th of November, with the highest price reaching 15.00 and the lowest price hitting 14.87 during the day. Currently, Texas Community Bancshares is very steady. Texas Community Banc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Texas Community Bancshares, which you can use to evaluate the volatility of the company. Please validate Texas Community's Semi Deviation of 0.436, risk adjusted performance of 0.1216, and Coefficient Of Variation of 625.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.0779%.
At this time, Texas Community's Capital Stock is comparatively stable compared to the past year. Common Stock is likely to gain to about 36.7 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 3 M in 2024. . At this time, Texas Community's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.20 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.40 in 2024. Texas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Texas |
Sharpe Ratio = 0.1187
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Texas Community is performing at about 9% 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 Community by adding it to a well-diversified portfolio.
Price Book 0.8866 | Price Sales 4.7762 | Shares Float 2.1 M | Earnings Share (0.73) | Shares Short 6.5 K |
Texas Community Valuation on February 14, 2024
It is possible to determine the worth of Texas Community on a given historical date. On February 14, 2024 Texas was worth 13.93 at the beginning of the trading date compared to the closed value of 14.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Texas Community stock. Still, in general, we apply an absolute valuation method to find Texas Community'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 Community where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Texas Community's related companies.
| Open | High | Low | Close | Volume | |
| 14.28 | 14.58 | 14.28 | 14.30 | 800.00 | |
02/14/2024 | 13.93 | 14.35 | 13.93 | 14.33 | 1,200 |
| 13.95 | 14.15 | 13.95 | 14.15 | 400.00 |
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Texas Community Trading Date Momentum on February 14, 2024
| On February 15 2024 Texas Community Bancshares was traded for 14.15 at the closing time. The top price for the day was 14.15 and the lowest listed price was 13.95 . The trading volume for the day was 400. The trading history from February 15, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.26% . The trading price change against the current closing price is 3.21% . |
Texas Community Banc Fundamentals Correlations and Trends
By evaluating Texas Community'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 Community'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 Community Stock history
Texas Community 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 Community Banc 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 Community stock prices may prove useful in developing a viable investing in Texas Community
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.1 M | 3 M | |
| Net Income Applicable To Common Shares | 466.2 K | 619.7 K |
Texas Community Stock Technical Analysis
Texas Community technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Texas Community Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Texas Community 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 Community November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Texas Community 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 Community shares will generate the highest return on investment. By undertsting and applying Texas Community stock market strength indicators, traders can identify Texas Community Bancshares entry and exit signals to maximize returns
Texas Community Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Texas Community's price direction in advance. Along with the technical and fundamental analysis of Texas 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 | 0.1216 | |||
| Jensen Alpha | 0.0971 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 2.76 |
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Additional Tools for Texas Stock Analysis
When running Texas Community's price analysis, check to measure Texas Community'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 Texas Community is operating at the current time. Most of Texas Community's value examination focuses on studying past and present price action to predict the probability of Texas Community's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Community's price. Additionally, you may evaluate how the addition of Texas Community to your portfolios can decrease your overall portfolio volatility.