Trustco Bank Corp Stock Market Value
| TRST Stock | USD 37.24 0.32 0.85% |
| Symbol | TrustCo |
TrustCo Bank Corp 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 TrustCo Bank. If investors know TrustCo 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 TrustCo Bank 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 (0.12) | Dividend Share 1.44 | Earnings Share 2.48 | Revenue Per Share 8.864 | Quarterly Revenue Growth (0.08) |
The market value of TrustCo Bank Corp is measured differently than its book value, which is the value of TrustCo that is recorded on the company's balance sheet. Investors also form their own opinion of TrustCo Bank's value that differs from its market value or its book value, called intrinsic value, which is TrustCo Bank'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 TrustCo Bank's market value can be influenced by many factors that don't directly affect TrustCo Bank'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 TrustCo Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrustCo Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrustCo Bank'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.
TrustCo Bank '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 TrustCo Bank'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 TrustCo Bank.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in TrustCo Bank on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding TrustCo Bank Corp or generate 0.0% return on investment in TrustCo Bank over 270 days. TrustCo Bank is related to or competes with Southern Missouri, IF Bancorp, Colony Bankcorp, Old Point, Penns Woods, 1st Source, and Great Southern. TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and... More
TrustCo Bank 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 TrustCo Bank'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 TrustCo Bank Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.0102 | |||
| Maximum Drawdown | 17.64 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.73 |
TrustCo Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TrustCo Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TrustCo Bank's standard deviation. In reality, there are many statistical measures that can use TrustCo Bank historical prices to predict the future TrustCo Bank's volatility.| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0149 | |||
| Treynor Ratio | 0.075 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TrustCo Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TrustCo Bank Corp Backtested Returns
Currently, TrustCo Bank Corp is very steady. TrustCo Bank Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0732, which indicates the firm had a 0.0732% 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 Semi Deviation of 1.33, coefficient of variation of 1381.13, and Risk Adjusted Performance of 0.0619 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. TrustCo Bank has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 2.0, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TrustCo Bank will likely underperform. TrustCo Bank Corp right now has a risk of 2.26%. Please validate TrustCo Bank sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if TrustCo Bank will be following its existing price patterns.
Auto-correlation | 0.52 |
Modest predictability
TrustCo Bank Corp has modest predictability. Overlapping area represents the amount of predictability between TrustCo Bank time series from 5th of March 2024 to 18th of July 2024 and 18th of July 2024 to 30th of November 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 TrustCo Bank Corp price movement. The serial correlation of 0.52 indicates that about 52.0% of current TrustCo Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 2.79 |
TrustCo Bank Corp lagged returns against current returns
Autocorrelation, which is TrustCo Bank 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 TrustCo Bank's stock expected returns. We can calculate the autocorrelation of TrustCo Bank returns to help us make a trade decision. For example, suppose you find that TrustCo Bank 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 |
TrustCo Bank 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 TrustCo Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TrustCo Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TrustCo Bank stock over time.
Current vs Lagged Prices |
| Timeline |
TrustCo Bank Lagged Returns
When evaluating TrustCo Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TrustCo Bank stock have on its future price. TrustCo Bank 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, TrustCo Bank autocorrelation shows the relationship between TrustCo Bank stock current value and its past values and can show if there is a momentum factor associated with investing in TrustCo Bank Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
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.