Third Coast Bancshares Stock Alpha and Beta Analysis
| TCBX Stock | USD 35.23 0.27 0.76% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Third Coast Bancshares. It also helps investors analyze the systematic and unsystematic risks associated with investing in Third Coast over a specified time horizon. Remember, high Third Coast's 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 Third Coast's market risk premium analysis include:
Beta 0.98 | Alpha 0.4 | Risk 2.04 | Sharpe Ratio 0.26 | Expected Return 0.53 |
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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.
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Third Coast Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Third Coast market risk premium is the additional return an investor will receive from holding Third Coast 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 Third Coast. 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 Third Coast's performance over market.| α | 0.40 | β | 0.98 |
Third Coast 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 Third Coast's Buy-and-hold return. Our buy-and-hold chart shows how Third Coast performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Third Coast Market Price Analysis
Market price analysis indicators help investors to evaluate how Third Coast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Third Coast shares will generate the highest return on investment. By understating and applying Third Coast stock market price indicators, traders can identify Third Coast position entry and exit signals to maximize returns.
Third Coast Return and Market Media
The median price of Third Coast for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 is 27.69 with a coefficient of variation of 13.86. The daily time series for the period is distributed with a sample standard deviation of 4.1, arithmetic mean of 29.6, and mean deviation of 3.79. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Third Coast Banks 60 Million Deal with Syntrio Solutions LLC to Propel Fiber Network Expansion | 09/16/2024 |
2 | All You Need to Know About Third Coast Bancshares Rating Upgrade to Buy | 09/24/2024 |
3 | Disposition of 5000 shares by Stunja Joseph of Third Coast at 11.0 subject to Rule 16b-3 | 09/27/2024 |
4 | Disposition of 604 shares by Vicki Alexander of Third Coast at 25.8 subject to Rule 16b-3 | 10/02/2024 |
5 | Third Coast Bancshares Inc Q3 2024 Earnings EPS of 0.74 Beats Estimates, Revenue at 40.4 Million | 10/23/2024 |
6 | Third Coast Bancshares Inc Shares Up 4.81 percent on Oct 24 | 10/24/2024 |
7 | Is Now The Time To Put Third Coast Bancshares On Your Watchlist | 10/25/2024 |
8 | Surging Earnings Estimates Signal Upside for Third Coast Bancshares Stock | 10/29/2024 |
9 | Acquisition by Audrey Duncan of 400 shares of Third Coast subject to Rule 16b-3 | 11/07/2024 |
10 | Proactive Strategies - Stock Traders Daily | 11/15/2024 |
11 | Are You Looking for a Top Momentum Pick Why Third Coast Bancshares, Inc. is a Great Choice - MSN | 11/20/2024 |
About Third Coast 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 Third or other stocks. Alpha measures the amount that position in Third Coast 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0175 | 0.0184 | Price To Sales Ratio | 1.91 | 1.81 |
Third Coast Upcoming Company Events
As portrayed in its financial statements, the presentation of Third Coast's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Third Coast's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Third Coast's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Third Coast. Please utilize our Beneish M Score to check the likelihood of Third Coast's management manipulating its earnings.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 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 | View | |
| 31st of December 2023 Last Financial Announcement | View |
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Additional Tools for Third Stock Analysis
When running Third Coast's price analysis, check to measure Third Coast'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 Third Coast is operating at the current time. Most of Third Coast's value examination focuses on studying past and present price action to predict the probability of Third Coast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Coast's price. Additionally, you may evaluate how the addition of Third Coast to your portfolios can decrease your overall portfolio volatility.