Tyler Technologies Stock Market Value
| TYL Stock | USD 624.19 15.10 2.48% |
| Symbol | Tyler |
Tyler Technologies Price To Book Ratio
Is Application Software 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 Tyler Technologies. If investors know Tyler 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 Tyler Technologies 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 0.582 | Earnings Share 5.49 | Revenue Per Share 48.923 | Quarterly Revenue Growth 0.098 | Return On Assets 0.0358 |
The market value of Tyler Technologies is measured differently than its book value, which is the value of Tyler that is recorded on the company's balance sheet. Investors also form their own opinion of Tyler Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tyler Technologies' 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 Tyler Technologies' market value can be influenced by many factors that don't directly affect Tyler Technologies' 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 Tyler Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyler Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyler Technologies' 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.
Tyler Technologies '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 Tyler Technologies' 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 Tyler Technologies.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Tyler Technologies on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Tyler Technologies or generate 0.0% return on investment in Tyler Technologies over 690 days. Tyler Technologies is related to or competes with OLB. Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector More
Tyler Technologies 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 Tyler Technologies' 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 Tyler Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9317 | |||
| Information Ratio | 0.0096 | |||
| Maximum Drawdown | 7.85 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 2.01 |
Tyler Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tyler Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tyler Technologies' standard deviation. In reality, there are many statistical measures that can use Tyler Technologies historical prices to predict the future Tyler Technologies' volatility.| Risk Adjusted Performance | 0.0937 | |||
| Jensen Alpha | 0.1028 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0122 | |||
| Treynor Ratio | 0.5664 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tyler Technologies' 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.
Tyler Technologies Backtested Returns
As of now, Tyler Stock is very steady. Tyler Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0993, which indicates the firm had a 0.0993% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tyler Technologies, which you can use to evaluate the volatility of the company. Please validate Tyler Technologies' Semi Deviation of 0.7814, coefficient of variation of 848.31, and Risk Adjusted Performance of 0.0937 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Tyler Technologies has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tyler Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tyler Technologies is expected to be smaller as well. Tyler Technologies right now has a risk of 1.2%. Please validate Tyler Technologies value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Tyler Technologies will be following its existing price patterns.
Auto-correlation | 0.63 |
Good predictability
Tyler Technologies has good predictability. Overlapping area represents the amount of predictability between Tyler Technologies time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 Tyler Technologies price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Tyler Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 5393.57 |
Tyler Technologies lagged returns against current returns
Autocorrelation, which is Tyler Technologies 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 Tyler Technologies' stock expected returns. We can calculate the autocorrelation of Tyler Technologies returns to help us make a trade decision. For example, suppose you find that Tyler Technologies 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 |
Tyler Technologies 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 Tyler Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tyler Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tyler Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Tyler Technologies Lagged Returns
When evaluating Tyler Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tyler Technologies stock have on its future price. Tyler Technologies 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, Tyler Technologies autocorrelation shows the relationship between Tyler Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Tyler Technologies.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Tyler Technologies Correlation, Tyler Technologies Volatility and Tyler Technologies Alpha and Beta module to complement your research on Tyler Technologies. For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Tyler Technologies 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.