Texas Community Bancshares Stock Probability of Future Stock Price Finishing Under 14.09
| TCBS Stock | USD 15.05 0.05 0.33% |
Texas |
Texas Community Target Price Odds to finish below 14.09
The tendency of Texas 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 $ 14.09 or more in 90 days |
| 15.05 | 90 days | 14.09 | near 1 |
Based on a normal probability distribution, the odds of Texas Community to drop to $ 14.09 or more in 90 days from now is near 1 (This Texas Community Bancshares probability density function shows the probability of Texas Stock to fall within a particular range of prices over 90 days) . Probability of Texas Community Banc price to stay between $ 14.09 and its current price of $15.05 at the end of the 90-day period is roughly 97.0 .
Given the investment horizon of 90 days Texas Community has a beta of 0.16. This usually implies as returns on the market go up, Texas Community average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Texas Community Bancshares will be expected to be much smaller as well. Additionally Texas Community Bancshares has an alpha of 0.0176, implying that it can generate a 0.0176 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Texas Community Price Density |
| Price |
Predictive Modules for Texas Community
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 Community Banc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Community Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Texas Community is not an exception. The market had few large corrections towards the Texas Community'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 Community Bancshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Texas Community within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.09 |
Texas Community Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Texas Community for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Texas Community Banc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 11.42 M. Net Loss for the year was (733 K) with profit before overhead, payroll, taxes, and interest of 10.09 M. | |
| Texas Community Banc has a strong financial position based on the latest SEC filings | |
| About 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Texas Community Bancshares, Inc. to Issue Quarterly Dividend of 0.04 on December 26th |
Texas Community 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 Stock often depends not only on the future outlook of the current and potential Texas Community'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 Community's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.1 M | |
| Cash And Short Term Investments | -13.1 M |
Texas Community Technical Analysis
Texas Community's future price can be derived by breaking down and analyzing its technical indicators over time. Texas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Texas Community Bancshares. In general, you should focus on analyzing Texas Stock price patterns and their correlations with different microeconomic environments and drivers.
Texas Community Predictive Forecast Models
Texas Community's time-series forecasting models is one of many Texas Community's 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 Community'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 stock market movement and maximize returns from investment trading.
Things to note about Texas Community Banc
Checking the ongoing alerts about Texas Community for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Texas Community Banc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 11.42 M. Net Loss for the year was (733 K) with profit before overhead, payroll, taxes, and interest of 10.09 M. | |
| Texas Community Banc has a strong financial position based on the latest SEC filings | |
| About 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Texas Community Bancshares, Inc. to Issue Quarterly Dividend of 0.04 on December 26th |
Additional Tools for Texas Stock Analysis
When running Texas Community's price analysis, check to measure Texas Community'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 Community is operating at the current time. Most of Texas Community's value examination focuses on studying past and present price action to predict the probability of Texas Community'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 Community's price. Additionally, you may evaluate how the addition of Texas Community to your portfolios can decrease your overall portfolio volatility.