Texas Community Bancshares Stock Market Value
| TCBS Stock | USD 15.00 0.13 0.87% |
| Symbol | Texas |
Texas Community Banc Price To Book Ratio
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Texas Community. If investors know Texas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Texas Community listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.35 | Earnings Share (0.73) | Revenue Per Share 3.262 | Quarterly Revenue Growth 0.124 | Return On Assets (0.01) |
The market value of Texas Community Banc is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Community's value that differs from its market value or its book value, called intrinsic value, which is Texas Community's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Texas Community's market value can be influenced by many factors that don't directly affect Texas Community's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Texas Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Community's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Texas Community 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Texas Community's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Texas Community.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Texas Community on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Texas Community Bancshares or generate 0.0% return on investment in Texas Community over 720 days. Texas Community is related to or competes with Richmond Mutual, LCNB, Prime Meridian, William Penn, Pathfinder Bancorp, Magyar Bancorp, and Lake Shore. Texas Community Bancshares, Inc. operates as the bank holding company for Mineola Community Bank, S.S.B More
Texas Community Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Texas Community's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Texas Community Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8246 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.81 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 1.01 |
Texas Community Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Texas Community's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Texas Community's standard deviation. In reality, there are many statistical measures that can use Texas Community historical prices to predict the future Texas Community's volatility.| Risk Adjusted Performance | 0.1 | |||
| Jensen Alpha | 0.0727 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 1.47 |
Texas Community Banc Backtested Returns
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 twenty-seven technical indicators for Texas Community Bancshares, which you can use to evaluate the volatility of the company. Please validate Texas Community's Coefficient Of Variation of 754.52, risk adjusted performance of 0.1, and Semi Deviation of 0.4524 to confirm if the risk estimate we provide is consistent with the expected return of 0.0779%. Texas Community has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.0542, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Texas Community's returns are expected to increase less than the market. However, during the bear market, the loss of holding Texas Community is expected to be smaller as well. Texas Community Banc right now has a risk of 0.66%. Please validate Texas Community maximum drawdown, expected short fall, as well as the relationship between the Expected Short fall and day median price , to decide if Texas Community will be following its existing price patterns.
Auto-correlation | -0.25 |
Weak reverse predictability
Texas Community Bancshares has weak reverse predictability. Overlapping area represents the amount of predictability between Texas Community time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Texas Community Banc price movement. The serial correlation of -0.25 indicates that over 25.0% of current Texas Community price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Texas Community Banc lagged returns against current returns
Autocorrelation, which is Texas Community stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Texas Community's stock expected returns. We can calculate the autocorrelation of Texas Community returns to help us make a trade decision. For example, suppose you find that Texas Community has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Texas Community regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Texas Community stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Texas Community stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Texas Community stock over time.
Current vs Lagged Prices |
| Timeline |
Texas Community Lagged Returns
When evaluating Texas Community's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Texas Community stock have on its future price. Texas Community autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Texas Community autocorrelation shows the relationship between Texas Community stock current value and its past values and can show if there is a momentum factor associated with investing in Texas Community Bancshares.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
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.