Texas Capital Bancshares Stock Price on February 27, 2024
| TCBI Stock | USD 62.36 0.01 0.02% |
Below is the normalized historical share price chart for Texas Capital Bancshares extending back to August 13, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Texas Capital stands at 62.36, as last reported on the 18th of May 2024, with the highest price reaching 62.81 and the lowest price hitting 62.00 during the day.
If you're considering investing in Texas Stock, it is important to understand the factors that can impact its price. We consider Texas Capital very steady. Texas Capital Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0562, which indicates the firm had a 0.0562% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Texas Capital Bancshares, which you can use to evaluate the volatility of the company. Please validate Texas Capital's Semi Deviation of 1.33, coefficient of variation of 1333.77, and Risk Adjusted Performance of 0.0505 to confirm if the risk estimate we provide is consistent with the expected return of 0.0927%.
As of now, Texas Capital's Total Stockholder Equity is increasing as compared to previous years. The Texas Capital's current Preferred Stock Total Equity is estimated to increase to about 362.2 M, while Common Stock Total Equity is projected to decrease to under 385.5 K. . As of now, Texas Capital's Price To Book Ratio is decreasing as compared to previous years. The Texas Capital's current Price Cash Flow Ratio is estimated to increase to 8.73, while Price To Sales Ratio is projected to decrease to 2.74. Texas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of August 2003 | 200 Day MA 59.5184 | 50 Day MA 59.3204 | Beta 1.176 |
Texas |
Sharpe Ratio = 0.0562
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | TCBI | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Texas Capital is performing at about 4% 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.
Price Book 0.9255 | Price Sales 2.6717 | Shares Float 45.9 M | Wall Street Target Price 63.19 | Earnings Share 3.3 |
Texas Capital Valuation on February 27, 2024
It is possible to determine the worth of Texas Capital on a given historical date. On February 27, 2024 Texas was worth 58.37 at the beginning of the trading date compared to the closed value of 58.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Texas Capital stock. Still, in general, we apply an absolute valuation method to find Texas Capital's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Texas Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Texas Capital's related companies.
| Open | High | Low | Close | Volume | |
| 58.20 | 58.75 | 57.78 | 58.06 | 334,632 | |
02/27/2024 | 58.37 | 59.00 | 58.03 | 58.53 | 249,367 |
| 58.06 | 58.52 | 57.53 | 57.62 | 214,879 |
| Backtest Texas Capital | | | Texas Capital History | | | Texas Capital Valuation | Previous | Next |
Texas Capital Trading Date Momentum on February 27, 2024
| On February 28 2024 Texas Capital Bancshares was traded for 57.62 at the closing time. The top price for the day was 58.52 and the lowest listed price was 57.53 . The trading volume for the day was 214.9 K. The trading history from February 28, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.55% . The trading price change against the current closing price is 4.05% . |
Texas Capital Bancshares Fundamentals Correlations and Trends
By evaluating Texas Capital's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Texas Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Texas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Texas Capital Stock history
Texas Capital investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Texas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Texas Capital Bancshares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Texas Capital stock prices may prove useful in developing a viable investing in Texas Capital
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 48.6 M | 39.3 M | |
| Net Income Applicable To Common Shares | 362.5 M | 380.6 M |
Texas Capital Stock Technical Analysis
Texas Capital 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.
Price Boundaries
Texas Capital Period Price Range
Low | February 27, 2024
| High |
58.37 | 58.53 |
Texas Capital May 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Texas Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Texas Capital shares will generate the highest return on investment. By undertsting and applying Texas Capital stock market strength indicators, traders can identify Texas Capital Bancshares entry and exit signals to maximize returns
Texas Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Texas Capital's price direction in advance. Along with the technical and fundamental analysis of Texas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Texas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0505 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0184 | |||
| Treynor Ratio | 0.0857 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Capital Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Texas Capital Bancshares information on this page should be used as a complementary analysis to other Texas Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Texas Stock analysis
When running Texas Capital's price analysis, check to measure Texas Capital'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 Texas Capital is operating at the current time. Most of Texas Capital's value examination focuses on studying past and present price action to predict the probability of Texas Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Capital's price. Additionally, you may evaluate how the addition of Texas Capital to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |
Is Texas Capital's industry 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 Texas Capital. If investors know Texas 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 Texas Capital 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 (0.34) | Earnings Share 3.3 | Revenue Per Share 20.836 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0061 |
The market value of Texas Capital Bancshares 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.