Trustco Bank Corp Stock Price on November 16, 2023
| TRST Stock | USD 36.88 0.38 1.04% |
Below is the normalized historical share price chart for TrustCo Bank Corp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TrustCo Bank stands at 36.88, as last reported on the 4th of December, with the highest price reaching 36.92 and the lowest price hitting 36.41 during the day.
If you're considering investing in TrustCo Stock, it is important to understand the factors that can impact its price. Currently, TrustCo Bank Corp is very steady. TrustCo Bank Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0821, which indicates the firm had a 0.0821% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TrustCo Bank Corp, which you can use to evaluate the volatility of the company. Please validate TrustCo Bank's Coefficient Of Variation of 1500.86, semi deviation of 1.32, and Risk Adjusted Performance of 0.0574 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
At this time, TrustCo Bank's Total Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 108.2 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 16.6 M in 2024. . At this time, TrustCo Bank's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 12.82 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 9.04 in 2024. TrustCo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 30.3682 | 50 Day MA 33.817 | Beta 0.821 |
TrustCo |
Sharpe Ratio = 0.0821
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Estimated Market Risk
| 2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average TrustCo Bank is performing at about 6% 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 TrustCo Bank by adding it to a well-diversified portfolio.
Price Book 1.0372 | Price Sales 4.1157 | Shares Float 18.4 M | Dividend Share 1.44 | Wall Street Target Price 26 |
TrustCo Bank Main Headline on 16th of November 2023
Exercise or conversion by Eric Schreck of 876 shares of Trus... by Eric Schreck
Filed transaction by Trustco Bank Corp N Y officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
TrustCo Bank Valuation on November 16, 2023
It is possible to determine the worth of TrustCo Bank on a given historical date. On November 16, 2023 TrustCo was worth 27.06 at the beginning of the trading date compared to the closed value of 26.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TrustCo Bank stock. Still, in general, we apply an absolute valuation method to find TrustCo Bank'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 TrustCo Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TrustCo Bank's related companies.
| Open | High | Low | Close | Volume | |
| 27.16 | 27.37 | 25.68 | 27.01 | 76,547 | |
11/16/2023 | 27.06 | 27.06 | 26.31 | 26.45 | 37,518 |
| 26.82 | 26.99 | 26.27 | 26.42 | 86,855 |
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TrustCo Bank Trading Date Momentum on November 16, 2023
| On November 17 2023 TrustCo Bank Corp was traded for 26.42 at the closing time. The top price for the day was 26.99 and the lowest listed price was 26.27 . The trading volume for the day was 86.9 K. The trading history from November 17, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.11% . The trading price change against the current closing price is 1.21% . |
TrustCo Bank Corp Fundamentals Correlations and Trends
By evaluating TrustCo Bank'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 TrustCo Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TrustCo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TrustCo Bank Stock history
TrustCo Bank 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 TrustCo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TrustCo Bank Corp 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 TrustCo Bank stock prices may prove useful in developing a viable investing in TrustCo Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19 M | 16.6 M | |
| Net Income Applicable To Common Shares | 86.5 M | 51.3 M |
TrustCo Bank Stock Technical Analysis
TrustCo Bank 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
TrustCo Bank Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
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TrustCo Bank December 4, 2024 Market Strength
Market strength 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 undertsting and applying TrustCo Bank stock market strength indicators, traders can identify TrustCo Bank Corp entry and exit signals to maximize returns
TrustCo Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TrustCo Bank's price direction in advance. Along with the technical and fundamental analysis of TrustCo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TrustCo 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 | 0.0574 | |||
| Jensen Alpha | 0.1352 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0228 | |||
| Treynor Ratio | 6.64 |
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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.