Txnm Energy Stock Pattern Recognition Modified Hikkake Pattern
| TXNM Stock | USD 58.92 0.10 0.17% |
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Recognition |
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was ten with a total number of output elements of fifty-one. The function did not return any valid pattern recognition events for the selected time horizon. The Modified Hikkake pattern may be used for determining of TXNM Energy market turning-points.
TXNM Energy Technical Analysis Modules
Most technical analysis of TXNM Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TXNM from various momentum indicators to cycle indicators. When you analyze TXNM charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About TXNM Energy Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TXNM Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of TXNM Energy based on widely used predictive technical indicators. In general, we focus on analyzing TXNM Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TXNM Energy's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of TXNM Energy's intrinsic value. In addition to deriving basic predictive indicators for TXNM Energy, we also check how macroeconomic factors affect TXNM Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 | 2025 | 2026 (projected) | Dividend Yield | 0.0354 | 0.0315 | 0.0283 | 0.023 | Price To Sales Ratio | 1.85 | 2.26 | 2.6 | 2.48 |
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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
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TXNM Energy pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TXNM Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TXNM Energy will appreciate offsetting losses from the drop in the long position's value.TXNM Energy Pair Trading
TXNM Energy Pair Trading Analysis
The ability to find closely correlated positions to TXNM Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TXNM Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TXNM Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TXNM Energy to buy it.
The correlation of TXNM Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TXNM Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TXNM Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TXNM Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TXNM Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates. To learn how to invest in TXNM Stock, please use our How to Invest in TXNM Energy guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Will Electric Utilities sector continue expanding? Could TXNM diversify its offerings? Factors like these will boost the valuation of TXNM Energy. If investors know TXNM will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every TXNM Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.16) | Dividend Share 1.63 | Earnings Share 1.79 | Revenue Per Share | Quarterly Revenue Growth 0.137 |
Understanding TXNM Energy requires distinguishing between market price and book value, where the latter reflects TXNM's accounting equity. The concept of intrinsic value—what TXNM Energy's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push TXNM Energy's price substantially above or below its fundamental value.
Please note, there is a significant difference between TXNM Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if TXNM Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, TXNM Energy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.