Third Coast Bancshares Stock Price on March 31, 2024
| TCBX Stock | USD 36.12 0.85 2.41% |
If you're considering investing in Third Stock, it is important to understand the factors that can impact its price. As of today, the current price of Third Coast stands at 36.12, as last reported on the 23rd of November, with the highest price reaching 36.19 and the lowest price hitting 34.86 during the day. Third Coast appears to be very steady, given 3 months investment horizon. Third Coast Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. By inspecting Third Coast's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Third Coast's Coefficient Of Variation of 309.75, semi deviation of 0.8506, and Risk Adjusted Performance of 0.254 to confirm if our risk estimates are consistent with your expectations.
Sale Purchase Of Stock is likely to rise to about 595.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 279.8 M in 2024. . Price Earnings To Growth Ratio is likely to rise to 0.13 in 2024, whereas Price To Sales Ratio is likely to drop 1.81 in 2024. Third Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Third |
Sharpe Ratio = 0.2835
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Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Third Coast is performing at about 22% 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 Third Coast by adding it to a well-diversified portfolio.
Price Book 1.0968 | Price Sales 3.1092 | Shares Float 12.7 M | Wall Street Target Price 33.25 | Earnings Share 2.56 |
Related Headline
Magyar Bancorp Headline on 28th of March 2024
Acquisition by Lombardi Michael F of 233 shares of Magyar Ba... by Lombardi Michael F
Filed transaction by Magyar Bancorp Director. Grant, award or other acquisition pursuant to Rule 16b-3
Third Coast Valuation on March 31, 2024
It is possible to determine the worth of Third Coast on a given historical date. On March 31, 2024 Third was worth 19.74 at the beginning of the trading date compared to the closed value of 20.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Third Coast stock. Still, in general, we apply an absolute valuation method to find Third Coast'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 Third Coast where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Third Coast's related companies.
| Open | High | Low | Close | Volume | |
| 19.19 | 19.90 | 19.19 | 19.85 | 33,530 | |
03/28/2024 | 19.74 | 20.11 | 19.74 | 20.02 | 45,391 |
| 20.13 | 20.16 | 19.20 | 19.21 | 22,605 |
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Third Coast Trading Date Momentum on March 31, 2024
| On April 01 2024 Third Coast Bancshares was traded for 19.21 at the closing time. The top price for the day was 20.16 and the lowest listed price was 19.20 . The trading volume for the day was 22.6 K. The trading history from April 1, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.05% . The trading price change against the current closing price is 2.35% . |
Third Coast Bancshares Fundamentals Correlations and Trends
By evaluating Third Coast'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 Third Coast's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Third financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Third Coast Stock history
Third Coast 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 Third is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Third Coast 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 Third Coast stock prices may prove useful in developing a viable investing in Third Coast
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16.9 M | 14.4 M | |
| Net Income Applicable To Common Shares | 19.8 M | 11.9 M |
Third Coast Stock Technical Analysis
Third Coast 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
Third Coast Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Third Coast 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.
Third Coast November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Third Coast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Third Coast shares will generate the highest return on investment. By undertsting and applying Third Coast stock market strength indicators, traders can identify Third Coast Bancshares entry and exit signals to maximize returns
Third Coast Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Third Coast's price direction in advance. Along with the technical and fundamental analysis of Third Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Third 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 | 0.254 | |||
| Jensen Alpha | 0.5487 | |||
| Total Risk Alpha | 0.3455 | |||
| Sortino Ratio | 0.4034 | |||
| Treynor Ratio | 0.6104 |
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Additional Tools for Third Stock Analysis
When running Third Coast's price analysis, check to measure Third Coast'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 Third Coast is operating at the current time. Most of Third Coast's value examination focuses on studying past and present price action to predict the probability of Third Coast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Coast's price. Additionally, you may evaluate how the addition of Third Coast to your portfolios can decrease your overall portfolio volatility.