Texas Capital Bancshares Preferred Stock Probability of Future Preferred Stock Price Finishing Under 21.34
| TCBIO Preferred Stock | USD 21.52 0.52 2.48% |
Texas |
Texas Capital Target Price Odds to finish below 21.34
The tendency of Texas Preferred Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 21.34 or more in 90 days |
| 21.52 | 90 days | 21.34 | about 61.13 |
Based on a normal probability distribution, the odds of Texas Capital to drop to $ 21.34 or more in 90 days from now is about 61.13 (This Texas Capital Bancshares probability density function shows the probability of Texas Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Texas Capital Bancshares price to stay between $ 21.34 and its current price of $21.52 at the end of the 90-day period is about 12.55 .
Assuming the 90 days horizon Texas Capital has a beta of 0.21. This usually implies as returns on the market go up, Texas Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Texas Capital Bancshares will be expected to be much smaller as well. Additionally Texas Capital Bancshares has an alpha of 0.0171, implying that it can generate a 0.0171 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Texas Capital Price Density |
| Price |
Predictive Modules for Texas Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Texas Capital Bancshares. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Texas Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Texas Capital is not an exception. The market had few large corrections towards the Texas Capital's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Texas Capital Bancshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Texas Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.06 |
Texas Capital Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Texas Preferred Stock often depends not only on the future outlook of the current and potential Texas Capital's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Texas Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.8 M | |
| Cash And Short Term Investments | 7.6 B |
Texas Capital Technical Analysis
Texas Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Texas Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Texas Capital Bancshares. In general, you should focus on analyzing Texas Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Texas Capital Predictive Forecast Models
Texas Capital's time-series forecasting models is one of many Texas Capital's preferred stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Texas Capital's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the preferred stock market movement and maximize returns from investment trading.
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.
Other Information on Investing in Texas Preferred Stock
Texas Capital financial ratios help investors to determine whether Texas Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Texas with respect to the benefits of owning Texas Capital security.