Third Coast Information Ratio
| TCBX Stock | | | USD 38.48 0.18 0.47% |
The Information Ratio measures excess return (alpha) per unit of tracking error relative to a benchmark. Unlike the Sharpe Ratio, which uses total volatility, the Information Ratio isolates only the variability of the alpha component — the return attributable to active decisions rather than passive market exposure. Below is Third Coast's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
A Information Ratio of
-0.09 for Third Coast signals slight underperformance relative to the benchmark on a risk-adjusted basis. The negative value indicates Third Coast has not kept pace with its benchmark after accounting for tracking error.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | -0.09 | |
Information Ratio Peers Comparison
Relative to peers, Third Coast's Information Ratio is below the group average of 0.03. Peer readings range from -0.0871 (GBank Financial Holdings) to 0.1562 (Midland States Bancorp), reflecting wide dispersion across the sector. Third Coast's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for Third Coast and its peers. Each point represents one equity — position along the horizontal axis shows Information Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare Third Coast to PeersMethodology, Assumptions & Data Sources
Third Coast's Information Ratio currently stands at -0.09. This Information Ratio reading for Third Coast results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Third Coast operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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