| TCBX Stock | | | USD 34.35 0.13 0.38% |
Third Coast total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Third Coast Bancshares or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Third Coast Bancshares has current Total Risk Alpha of 0.0301. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0301 | |
| ER[a] | = | Expected return on investing in Third Coast |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Third Coast |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Third Coast Total Risk Alpha Peers Comparison
Third Total Risk Alpha Relative To Other Indicators
Third Coast Bancshares is rated
below average in total risk alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
293.84 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Third Coast Bancshares is roughly
293.84 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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