Texas Capital Funds Etf Performance
| MMKT Etf | 100.19 0.06 0.06% |
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Texas Capital are completely uncorrelated.
Risk-Adjusted Performance
Market Crasher
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Compared to the overall equity markets, risk-adjusted returns on investments in Texas Capital Funds are ranked lower than 74 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable forward-looking signals, Texas Capital is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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Texas Capital Relative Risk vs. Return Landscape
If you would invest 9,925 in Texas Capital Funds on December 23, 2024 and sell it today you would earn a total of 94.00 from holding Texas Capital Funds or generate 0.95% return on investment over 90 days. Texas Capital Funds is currently generating 0.0155% in daily expected returns and assumes 0.0164% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than Texas, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Texas Capital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Texas Capital's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Texas Capital Funds, and traders can use it to determine the average amount a Texas Capital's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.9413
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Based on monthly moving average Texas Capital is performing at about 74% of its full potential. 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 Texas Capital by adding it to a well-diversified portfolio.
About Texas Capital Performance
Assessing Texas Capital's fundamental ratios provides investors with valuable insights into Texas Capital's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Texas Capital is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Texas is showing solid risk-adjusted performance over 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Texas Capital Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Texas Capital Funds is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Capital's value that differs from its market value or its book value, called intrinsic value, which is Texas Capital'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 Texas Capital's market value can be influenced by many factors that don't directly affect Texas Capital'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 Texas Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Capital'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.