Third Coast Bancshares Stock Technical Analysis
TCBX Stock | USD 36.63 1.46 4.15% |
As of the 10th of December, Third Coast has the Coefficient Of Variation of 366.39, risk adjusted performance of 0.2037, and Semi Deviation of 0.9748. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Third Coast Bancshares, as well as the relationship between them.
Third Coast Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Third, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThirdThird |
Third Coast Analyst Consensus
Target Price | Advice | # of Analysts | |
23.0 | Buy | 4 | Odds |
Most Third analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Third stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Third Coast Bancshares, talking to its executives and customers, or listening to Third conference calls.
Third Coast 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.
Third Coast Bancshares Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Third Coast Bancshares volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Third Coast Bancshares Trend Analysis
Use this graph to draw trend lines for Third Coast Bancshares. You can use it to identify possible trend reversals for Third Coast as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Third Coast price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Third Coast Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Third Coast Bancshares applied against its price change over selected period. The best fit line has a slop of 0.21 , which means Third Coast Bancshares will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1692.13, which is the sum of squared deviations for the predicted Third Coast price change compared to its average price change.About Third Coast Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Third Coast Bancshares on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Third Coast Bancshares based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Third Coast Bancshares price pattern first instead of the macroeconomic environment surrounding Third Coast Bancshares. By analyzing Third Coast's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Third Coast's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Third Coast specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.0175 | 0.0184 | Price To Sales Ratio | 1.91 | 1.81 |
Third Coast December 10, 2024 Technical Indicators
Most technical analysis of Third help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Third from various momentum indicators to cycle indicators. When you analyze Third charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.2037 | |||
Market Risk Adjusted Performance | 0.5559 | |||
Mean Deviation | 1.62 | |||
Semi Deviation | 0.9748 | |||
Downside Deviation | 1.43 | |||
Coefficient Of Variation | 366.39 | |||
Standard Deviation | 2.08 | |||
Variance | 4.32 | |||
Information Ratio | 0.213 | |||
Jensen Alpha | 0.4403 | |||
Total Risk Alpha | 0.2279 | |||
Sortino Ratio | 0.3102 | |||
Treynor Ratio | 0.5459 | |||
Maximum Drawdown | 7.86 | |||
Value At Risk | (2.17) | |||
Potential Upside | 4.15 | |||
Downside Variance | 2.04 | |||
Semi Variance | 0.9502 | |||
Expected Short fall | (2.07) | |||
Skewness | 0.738 | |||
Kurtosis | 0.3789 |
Third Coast December 10, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Third stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 5,816 | ||
Daily Balance Of Power | 0.76 | ||
Rate Of Daily Change | 1.04 | ||
Day Median Price | 35.81 | ||
Day Typical Price | 36.08 | ||
Price Action Indicator | 1.56 |
Additional Tools for Third Stock Analysis
When running Third Coast's price analysis, check to measure Third Coast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Third Coast is operating at the current time. Most of Third Coast's value examination focuses on studying past and present price action to predict the probability of Third Coast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Coast's price. Additionally, you may evaluate how the addition of Third Coast to your portfolios can decrease your overall portfolio volatility.