Textron Stock Price on December 31, 2024

TXT Stock  USD 79.16  0.32  0.41%   
If you're considering investing in Textron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Textron stands at 79.16, as last reported on the 20th of January, with the highest price reaching 79.71 and the lowest price hitting 79.12 during the day. Textron owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0932, which indicates the firm had a -0.0932 % return per unit of risk over the last 3 months. Textron exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Textron's Variance of 2.57, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,073) to confirm the risk estimate we provide.
  
Textron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0932

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Estimated Market Risk

 1.6
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Textron is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Textron by adding Textron to a well-diversified portfolio.

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Textron Valuation on December 31, 2024

It is possible to determine the worth of Textron on a given historical date. On December 31, 2024 Textron was worth 76.64 at the beginning of the trading date compared to the closed value of 76.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Textron stock. Still, in general, we apply an absolute valuation method to find Textron's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Textron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Textron's related companies.
 Open High Low Close Volume
  76.12    76.83    75.34    76.56    647,231  
12/31/2024
  76.64    77.15    76.05    76.49    784,100  
  76.95    77.19    75.24    75.79    1,180,860  
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Open Value
76.64
76.49
Closing Value
81.45
Upside

Textron Trading Date Momentum on December 31, 2024

On January 02 2025 Textron was traded for  75.79  at the closing time. Highest Textron's price during the trading hours was 77.19  and the lowest price during the day was  75.24 . The net volume was 1.2 M. The overall trading history on the 2nd of January contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.92% . The trading price change to current price is 1.46% .

Textron Fundamentals Correlations and Trends

By evaluating Textron's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Textron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Textron financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Textron Stock history

Textron investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Textron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Textron will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Textron stock prices may prove useful in developing a viable investing in Textron
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island. Textron operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 33000 people.

Textron Stock Technical Analysis

Textron 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 Textron technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Textron 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...

Price Boundaries

Textron Period Price Range

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January 20, 2025
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Textron January 20, 2025 Market Strength

Market strength indicators help investors to evaluate how Textron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Textron shares will generate the highest return on investment. By undertsting and applying Textron stock market strength indicators, traders can identify Textron entry and exit signals to maximize returns

Textron Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Textron's price direction in advance. Along with the technical and fundamental analysis of Textron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Textron to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Textron Stock Analysis

When running Textron's price analysis, check to measure Textron'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 Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.