Texas Capital Bancshares Stock Technical Analysis

TCBI Stock  USD 60.77  2.24  3.83%   
As of the 28th of March, Texas Capital has the Variance of 3.12, coefficient of variation of (2,554), and Risk Adjusted Performance of (0.01). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Texas Capital Bancshares, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed thirteen technical drivers for Texas Capital Bancshares, which can be compared to its competition. Please validate Texas Capital Bancshares standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Texas Capital is priced more or less accurately, providing market reflects its prevalent price of 60.77 per share. Given that Texas Capital Bancshares has information ratio of (0.12), we advise you to double-check Texas Capital Bancshares's current market performance to make sure the company can sustain itself at a future point.

Texas Capital Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Texas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Texas
  
Texas Capital's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Texas Capital Analyst Consensus

Target PriceAdvice# of Analysts
64.79Buy15Odds
Texas Capital Bancshares current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Texas analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Texas stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Texas Capital Bancshares, talking to its executives and customers, or listening to Texas conference calls.
Texas Analyst Advice Details
Texas Capital 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 Texas Capital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Texas Capital 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...

Texas Capital Bancshares Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Texas Capital Bancshares volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Texas Capital Bancshares Trend Analysis

Use this graph to draw trend lines for Texas Capital Bancshares. You can use it to identify possible trend reversals for Texas Capital as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Texas Capital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Texas Capital Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Texas Capital Bancshares applied against its price change over selected period. The best fit line has a slop of   0.08  , which may suggest that Texas Capital Bancshares market price will keep on failing further. It has 122 observation points and a regression sum of squares at 226.03, which is the sum of squared deviations for the predicted Texas Capital price change compared to its average price change.

About Texas Capital Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Texas Capital Bancshares on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Texas Capital Bancshares based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Texas Capital Bancshares price pattern first instead of the macroeconomic environment surrounding Texas Capital Bancshares. By analyzing Texas Capital's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Texas Capital's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Texas Capital specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0061430.0056710.0055540.003052
Price To Sales Ratio3.473.112.892.74

Texas Capital March 28, 2024 Technical Indicators

Most technical analysis of Texas 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 Texas from various momentum indicators to cycle indicators. When you analyze Texas charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Texas Capital March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Texas stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Texas Capital Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Texas Capital Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Capital Bancshares Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Capital Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Texas Capital Bancshares information on this page should be used as a complementary analysis to other Texas Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Texas Stock analysis

When running Texas Capital's price analysis, check to measure Texas Capital'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 Texas Capital is operating at the current time. Most of Texas Capital's value examination focuses on studying past and present price action to predict the probability of Texas Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Capital's price. Additionally, you may evaluate how the addition of Texas Capital to your portfolios can decrease your overall portfolio volatility.
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Is Texas Capital's industry 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 Texas Capital. If investors know Texas 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 Texas Capital 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
(0.92)
Earnings Share
3.54
Revenue Per Share
20.883
Quarterly Revenue Growth
(0.54)
Return On Assets
0.0067
The market value of Texas Capital Bancshares is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Capital's value that differs from its market value or its book value, called intrinsic value, which is Texas Capital'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 Texas Capital's market value can be influenced by many factors that don't directly affect Texas Capital'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 Texas Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Capital'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.