Texas Capital Bancshares Stock Market Value
| TCBI Stock | USD 57.81 0.80 1.36% |
| Symbol | Texas |
Texas Capital Bancshares Price To Book Ratio
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 (0.34) | Earnings Share 3.3 | Revenue Per Share 20.836 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0061 |
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.
Texas Capital '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 Texas Capital's 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 Texas Capital.
| 03/29/2024 |
| 04/28/2024 |
If you would invest 0.00 in Texas Capital on March 29, 2024 and sell it all today you would earn a total of 0.00 from holding Texas Capital Bancshares or generate 0.0% return on investment in Texas Capital over 30 days. Texas Capital is related to or competes with Heartland Financial, Heritage Commerce, Business First, German American, Commerce Bancshares, BOK Financial, and United Bankshares. Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, is a full-service financial ... More
Texas Capital 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 Texas Capital's 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 Texas Capital Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 9.94 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 3.83 |
Texas Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Texas Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Texas Capital's standard deviation. In reality, there are many statistical measures that can use Texas Capital historical prices to predict the future Texas Capital's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Texas Capital's 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.
Texas Capital Bancshares Backtested Returns
Texas Capital Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0732, which indicates the firm had a -0.0732% return per unit of risk over the last 3 months. Texas Capital Bancshares exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Texas Capital's Coefficient Of Variation of (1,724), variance of 3.67, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 1.66, 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. Texas Capital Bancshares has an expected return of -0.14%. Please make sure to validate Texas Capital daily balance of power, as well as the relationship between the day typical price and period momentum indicator , to decide if Texas Capital Bancshares performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Texas Capital Bancshares has virtually no predictability. Overlapping area represents the amount of predictability between Texas Capital time series from 29th of March 2024 to 13th of April 2024 and 13th of April 2024 to 28th of April 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 Texas Capital Bancshares price movement. The serial correlation of 0.02 indicates that only 2.0% of current Texas Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 2.57 |
Texas Capital Bancshares lagged returns against current returns
Autocorrelation, which is Texas Capital 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 Texas Capital's stock expected returns. We can calculate the autocorrelation of Texas Capital returns to help us make a trade decision. For example, suppose you find that Texas Capital 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 |
Texas Capital 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 Texas Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Texas Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Texas Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Texas Capital Lagged Returns
When evaluating Texas Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Texas Capital stock have on its future price. Texas Capital 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, Texas Capital autocorrelation shows the relationship between Texas Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Texas Capital Bancshares.
Regressed Prices |
| Timeline |
Texas Capital Investors Sentiment
The influence of Texas Capital's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Texas. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Texas Capital's public news can be used to forecast risks associated with an investment in Texas. The trend in average sentiment can be used to explain how an investor holding Texas can time the market purely based on public headlines and social activities around Texas Capital Bancshares. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Texas Capital's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Texas Capital's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Texas Capital's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Texas Capital.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Texas Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Texas Capital's short interest history, or implied volatility extrapolated from Texas Capital options trading.
Currently Active Assets on Macroaxis
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 Texas Capital Correlation, Texas Capital Volatility and Texas Capital Alpha and Beta module to complement your research on Texas Capital. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |
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.