Tectonic Financial Pr Preferred Stock Price on May 16, 2022
| TECTP Preferred Stock | USD 10.49 0.28 2.74% |
If you're considering investing in Tectonic Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tectonic Financial stands at 10.49, as last reported on the 6th of June, with the highest price reaching 10.49 and the lowest price hitting 10.24 during the day. We consider Tectonic Financial very steady. Tectonic Financial 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 Tectonic Financial PR, which you can use to evaluate the volatility of the company. Please validate Tectonic Financial's Risk Adjusted Performance of 0.0913, coefficient of variation of 689.83, and Semi Deviation of 0.3861 to confirm if the risk estimate we provide is consistent with the expected return of 0.0939%.
Tectonic Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tectonic |
Sharpe Ratio = 0.1426
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Tectonic Financial is performing at about 11% 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 Tectonic Financial by adding it to a well-diversified portfolio.
Tectonic Financial Valuation on May 16, 2022
It is possible to determine the worth of Tectonic Financial on a given historical date. On May 16, 2022 Tectonic was worth 10.62 at the beginning of the trading date compared to the closed value of 8.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tectonic Financial preferred stock. Still, in general, we apply an absolute valuation method to find Tectonic Financial'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 Tectonic Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tectonic Financial's related companies.
| Open | High | Low | Close | Volume | |
05/23/2022 | 10.62 | 10.62 | 8.84 | 8.84 | 2,300 |
| 10.53 | 10.53 | 8.59 | 8.59 | 11,000 |
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Tectonic Financial Trading Date Momentum on May 16, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Tectonic Financial Fundamentals Correlations and Trends
By evaluating Tectonic Financial'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 Tectonic Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tectonic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tectonic Financial Preferred Stock history
Tectonic Financial 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 Tectonic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tectonic Financial 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 Tectonic Financial stock prices may prove useful in developing a viable investing in Tectonic Financial
Tectonic Financial, Inc., a financial holding company, provides banking and financial products and services to high net worth individuals, small businesses, and institutions in the United States. The company was incorporated in 2016 and is headquartered in Dallas, Texas. Tectonic Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 168 people.
Tectonic Financial Preferred Stock Technical Analysis
Tectonic Financial technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Tectonic Financial Period Price Range
Low | May 23, 2022
| High |
10.62 | 8.84 |
Tectonic Financial June 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Tectonic Financial preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tectonic Financial shares will generate the highest return on investment. By undertsting and applying Tectonic Financial preferred stock market strength indicators, traders can identify Tectonic Financial PR entry and exit signals to maximize returns
Tectonic Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tectonic Financial's price direction in advance. Along with the technical and fundamental analysis of Tectonic Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tectonic 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 | 0.0913 | |||
| Jensen Alpha | 0.0817 | |||
| Total Risk Alpha | 0.0654 | |||
| Sortino Ratio | 0.094 | |||
| Treynor Ratio | 1.24 |
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Additional Tools for Tectonic Preferred Stock Analysis
When running Tectonic Financial's price analysis, check to measure Tectonic Financial'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 Tectonic Financial is operating at the current time. Most of Tectonic Financial's value examination focuses on studying past and present price action to predict the probability of Tectonic Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Financial's price. Additionally, you may evaluate how the addition of Tectonic Financial to your portfolios can decrease your overall portfolio volatility.