Trico Bancshares Stock Market Value
| TCBK Stock | USD 40.70 0.01 0.02% |
| Symbol | TriCo |
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TriCo Bancshares. If investors know TriCo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TriCo Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of TriCo Bancshares is measured differently than its book value, which is the value of TriCo that is recorded on the company's balance sheet. Investors also form their own opinion of TriCo Bancshares' value that differs from its market value or its book value, called intrinsic value, which is TriCo Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TriCo Bancshares' market value can be influenced by many factors that don't directly affect TriCo Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TriCo Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriCo Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriCo Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
TriCo Bancshares 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to TriCo Bancshares' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of TriCo Bancshares.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in TriCo Bancshares on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding TriCo Bancshares or generate 0.0% return on investment in TriCo Bancshares over 90 days. TriCo Bancshares is related to or competes with First Northwest, Community West, First Financial, Great Southern, Home Federal, First Capital, and Bank of Marin. TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to i... More
TriCo Bancshares Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure TriCo Bancshares' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess TriCo Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.06 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 2.31 |
TriCo Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TriCo Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TriCo Bancshares' standard deviation. In reality, there are many statistical measures that can use TriCo Bancshares historical prices to predict the future TriCo Bancshares' volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.27) |
TriCo Bancshares Backtested Returns
TriCo Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17 % return per unit of risk over the last 3 months. TriCo Bancshares exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TriCo Bancshares' Coefficient Of Variation of (591.52), risk adjusted performance of (0.14), and Variance of 2.45 to confirm the risk estimate we provide. The entity has a beta of 1.03, which indicates a somewhat significant risk relative to the market. TriCo Bancshares returns are very sensitive to returns on the market. As the market goes up or down, TriCo Bancshares is expected to follow. At this point, TriCo Bancshares has a negative expected return of -0.26%. Please make sure to validate TriCo Bancshares' value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if TriCo Bancshares performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
TriCo Bancshares has very weak reverse predictability. Overlapping area represents the amount of predictability between TriCo Bancshares time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TriCo Bancshares price movement. The serial correlation of -0.07 indicates that barely 7.0% of current TriCo Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.87 |
TriCo Bancshares lagged returns against current returns
Autocorrelation, which is TriCo Bancshares stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting TriCo Bancshares' stock expected returns. We can calculate the autocorrelation of TriCo Bancshares returns to help us make a trade decision. For example, suppose you find that TriCo Bancshares has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
TriCo Bancshares regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If TriCo Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TriCo Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TriCo Bancshares stock over time.
Current vs Lagged Prices |
| Timeline |
TriCo Bancshares Lagged Returns
When evaluating TriCo Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TriCo Bancshares stock have on its future price. TriCo Bancshares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, TriCo Bancshares autocorrelation shows the relationship between TriCo Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in TriCo Bancshares.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out TriCo Bancshares Correlation, TriCo Bancshares Volatility and TriCo Bancshares Alpha and Beta module to complement your research on TriCo Bancshares. For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
TriCo Bancshares 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.