Trustmark Stock Market Value
| TRMK Stock | USD 39.68 0.10 0.25% |
| Symbol | Trustmark |
Trustmark Price To Book Ratio
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 Trustmark. If investors know Trustmark 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 Trustmark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.506 | Dividend Share 0.92 | Earnings Share 0.57 | Revenue Per Share 9.086 | Quarterly Revenue Growth 0.111 |
The market value of Trustmark is measured differently than its book value, which is the value of Trustmark that is recorded on the company's balance sheet. Investors also form their own opinion of Trustmark's value that differs from its market value or its book value, called intrinsic value, which is Trustmark's 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 Trustmark's market value can be influenced by many factors that don't directly affect Trustmark's 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 Trustmark's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trustmark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trustmark's 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.
Trustmark '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 Trustmark's 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 Trustmark.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Trustmark on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Trustmark or generate 0.0% return on investment in Trustmark over 30 days. Trustmark is related to or competes with Home Bancorp, First Business, LINKBANCORP, Great Southern, Sandy Spring, Westamerica Bancorporation, and UMB Financial. Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other f... More
Trustmark 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 Trustmark's 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 Trustmark upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.0897 | |||
| Maximum Drawdown | 16.27 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 2.84 |
Trustmark Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trustmark's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trustmark's standard deviation. In reality, there are many statistical measures that can use Trustmark historical prices to predict the future Trustmark's volatility.| Risk Adjusted Performance | 0.1181 | |||
| Jensen Alpha | 0.0769 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1451 | |||
| Treynor Ratio | 0.1524 |
Trustmark Backtested Returns
Trustmark appears to be very steady, given 3 months investment horizon. Trustmark owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trustmark, which you can use to evaluate the volatility of the company. Please review Trustmark's Coefficient Of Variation of 687.04, risk adjusted performance of 0.1181, and Semi Deviation of 1.13 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trustmark holds a performance score of 10. The entity has a beta of 2.08, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Trustmark will likely underperform. Please check Trustmark's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Trustmark's existing price patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
Trustmark has very good predictability. Overlapping area represents the amount of predictability between Trustmark time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Trustmark price movement. The serial correlation of 0.82 indicates that around 82.0% of current Trustmark price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
Trustmark lagged returns against current returns
Autocorrelation, which is Trustmark 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 Trustmark's stock expected returns. We can calculate the autocorrelation of Trustmark returns to help us make a trade decision. For example, suppose you find that Trustmark 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 |
Trustmark 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 Trustmark stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trustmark stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trustmark stock over time.
Current vs Lagged Prices |
| Timeline |
Trustmark Lagged Returns
When evaluating Trustmark's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trustmark stock have on its future price. Trustmark 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, Trustmark autocorrelation shows the relationship between Trustmark stock current value and its past values and can show if there is a momentum factor associated with investing in Trustmark.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Trustmark Correlation, Trustmark Volatility and Trustmark Alpha and Beta module to complement your research on Trustmark. For more information on how to buy Trustmark Stock please use our How to buy in Trustmark Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Trustmark 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.