Texas Capital Texas Etf Performance
| TXSS Etf | 29.63 0.42 1.44% |
The entity has a beta of 1.49, 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, Texas Capital will likely underperform.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Texas Capital Texas are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively abnormal basic indicators, Texas Capital may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Texas Capital Unveils First-of-Its Kind Money Market ETF - etf.com | 09/25/2024 |
2 | Texas Capital Navigates the Trends Shifting Financial Markets - Hart Energy | 10/18/2024 |
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Texas Capital Relative Risk vs. Return Landscape
If you would invest 2,768 in Texas Capital Texas on August 26, 2024 and sell it today you would earn a total of 195.00 from holding Texas Capital Texas or generate 7.04% return on investment over 90 days. Texas Capital Texas is currently generating 0.1132% in daily expected returns and assumes 1.3192% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than Texas, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Texas Capital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Texas Capital's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Texas Capital Texas, and traders can use it to determine the average amount a Texas Capital's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0858
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Texas Capital 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 Texas Capital by adding it to a well-diversified portfolio.
About Texas Capital Performance
Assessing Texas Capital's fundamental ratios provides investors with valuable insights into Texas Capital's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Texas Capital is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Texas Capital is entity of United States. It is traded as Etf on NASDAQ exchange.