Textainer Group Hold's average rating is Buy from 3 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Textainer Group market sentiment investors' perception of the future value of Textainer. Let us look at a few aspects of Textainer technical analysis.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Textainer Group Holdings. In general, sophisticated investors focus on analyzing Textainer Group stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Textainer Group's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
Textainer Group's intrinsic value. In addition to deriving basic predictive indicators for Textainer Group, many experienced traders also check how macroeconomic factors affect Textainer Group price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Textainer Group. Your research has to be compared to or analyzed against Textainer Group's peers to derive any actionable benefits. When done correctly, Textainer Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Textainer Group Holdings.
How does Textainer Stands against Peers?
Analyzing Textainer Group competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Textainer Group across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
Textainer Group Competition DetailsCloser look at Textainer Group Semi Deviation
Textainer Group Holdings has current Semi Deviation of 2.98. Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level.
Semi-deviation is the square root of semi-variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Semi Deviation | = | SQRT(SV) |
| = | 2.98 |
Let's now compare Textainer Group Semi Deviation to its closest peers:
| TGH | 2.9843289650742886 |
| TAL | 2.74 |
| ASHTF | 1.8 |
| ASHTY | 2.61 |
| URI | 2.65 |
Another 3 percent rise for Textainer Group
Sortino ratio is down to 0.15. It may hint to a possible volatility drop. As of the 16th of August 2020, Textainer Group has the Risk Adjusted Performance of 0.3033,
coefficient of variation of 520.36, and Semi Deviation of 2.98. In relation to
fundamental indicators, the
technical analysis model makes it possible for you to check existing technical drivers of Textainer Group Hold, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen
technical drivers for Textainer Group Holdings, which can be compared to its competition. Please validate
Textainer Group Hold jensen alpha, and the
relationship between the
coefficient of variation and
potential upside to decide if Textainer Group is priced more or less accurately, providing market reflects its prevalent price of 12.26 per share. Given that Textainer Group Hold has
jensen alpha of 0.4333, we advise you to double-check Textainer Group Holdings's current market performance to make sure the company can sustain itself at a future point.
Our Bottom Line On Textainer Group Hold
While other companies within the rental & leasing services industry are still a little expensive, even after the recent corrections, Textainer Group may offer a potential longer-term growth to stockholders. Taking everything into account, as of the 16th of August 2020, we believe that at this point, Textainer Group is
undervalued with
below average probability of financial unrest within the next 2 years. Our actual buy-or-sell advice on the company is
Buy.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Textainer Group Holdings. Please refer to our
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