Trico Bancshares Stock Alpha and Beta Analysis

TCBK Stock  USD 49.62  0.67  1.37%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as TriCo Bancshares. It also helps investors analyze the systematic and unsystematic risks associated with investing in TriCo Bancshares over a specified time horizon. Remember, high TriCo Bancshares' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to TriCo Bancshares' market risk premium analysis include:
Beta
2.3
Alpha
(0.09)
Risk
2.5
Sharpe Ratio
0.0768
Expected Return
0.19
Please note that although TriCo Bancshares alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, TriCo Bancshares did 0.09  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of TriCo Bancshares stock's relative risk over its benchmark. TriCo Bancshares has a beta of 2.30  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TriCo Bancshares will likely underperform. Book Value Per Share is expected to rise to 36.51 this year. Tangible Book Value Per Share is expected to rise to 26.59 this year.

Enterprise Value

2 Billion

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out TriCo Bancshares Backtesting, TriCo Bancshares Valuation, TriCo Bancshares Correlation, TriCo Bancshares Hype Analysis, TriCo Bancshares Volatility, TriCo Bancshares History and analyze TriCo Bancshares Performance.
For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.

TriCo Bancshares Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. TriCo Bancshares market risk premium is the additional return an investor will receive from holding TriCo Bancshares long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TriCo Bancshares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate TriCo Bancshares' performance over market.
α-0.09   β2.30

TriCo Bancshares expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of TriCo Bancshares' Buy-and-hold return. Our buy-and-hold chart shows how TriCo Bancshares performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

TriCo Bancshares Market Price Analysis

Market price analysis indicators help investors to evaluate how TriCo Bancshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TriCo Bancshares shares will generate the highest return on investment. By understating and applying TriCo Bancshares stock market price indicators, traders can identify TriCo Bancshares position entry and exit signals to maximize returns.

TriCo Bancshares Return and Market Media

The median price of TriCo Bancshares for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 43.71 with a coefficient of variation of 5.22. The daily time series for the period is distributed with a sample standard deviation of 2.31, arithmetic mean of 44.22, and mean deviation of 1.84. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
 
TriCo Bancshares dividend paid on 20th of September 2024
09/20/2024
1
Disposition of 7500 shares by Mariani Martin of TriCo Bancshares at 23.205 subject to Rule 16b-3
09/26/2024
2
Acquisition by John Fleshood of 1050 shares of TriCo Bancshares at 37.56 subject to Rule 16b-3
09/30/2024
3
TriCo Bancshares Stake Lowered by The Manufacturers Life Insurance Company - MarketBeat
10/02/2024
4
Acquisition by Mcgraw Thomas C of 2087 shares of TriCo Bancshares subject to Rule 16b-3
10/09/2024
5
TriCo Bancshares large institutional owners must be happy as stock continues to impress, up 5.6 percent over the past week
10/14/2024
6
TriCo Bancshares Reports Third Quarter 2024 Net Income of 29.1 Million, Diluted EPS of 0.88
10/24/2024
7
TriCo Bancshares Third Quarter 2024 Earnings Beats Expectations
10/25/2024
8
TriCo Bancshares Price Target Lowered to 50.00 at Piper Sandler
10/29/2024
9
Curi RMB Capital LLC Buys 5,314 Shares of TriCo Bancshares
11/14/2024

About TriCo Bancshares Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including TriCo or other stocks. Alpha measures the amount that position in TriCo Bancshares has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2023 2024 (projected)
Dividend Yield0.02330.02780.0288
Price To Sales Ratio3.833.642.38

TriCo Bancshares Upcoming Company Events

As portrayed in its financial statements, the presentation of TriCo Bancshares' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TriCo Bancshares' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of TriCo Bancshares' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of TriCo Bancshares. Please utilize our Beneish M Score to check the likelihood of TriCo Bancshares' management manipulating its earnings.
24th of April 2024
Upcoming Quarterly Report
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24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
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31st of December 2023
Last Financial Announcement
View

Build Portfolio with TriCo Bancshares

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether TriCo Bancshares is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TriCo Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trico Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Trico Bancshares Stock:
Check out TriCo Bancshares Backtesting, TriCo Bancshares Valuation, TriCo Bancshares Correlation, TriCo Bancshares Hype Analysis, TriCo Bancshares Volatility, TriCo Bancshares History and analyze TriCo Bancshares Performance.
For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
TriCo Bancshares 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.
A focus of TriCo Bancshares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TriCo Bancshares trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...