Truist Financial Corp Stock Price on April 29, 2024
| TFC Stock | USD 38.89 0.65 1.64% |
Below is the normalized historical share price chart for Truist Financial Corp extending back to November 05, 1984. 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 Truist Financial stands at 38.89, as last reported on the 23rd of May, with the highest price reaching 39.44 and the lowest price hitting 38.71 during the day.
If you're considering investing in Truist Stock, it is important to understand the factors that can impact its price. We consider Truist Financial very steady. Truist Financial Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Truist Financial Corp, which you can use to evaluate the volatility of the company. Please validate Truist Financial's Risk Adjusted Performance of 0.067, coefficient of variation of 949.45, and Semi Deviation of 1.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
At present, Truist Financial's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 565.9 B, whereas Common Stock Total Equity is forecasted to decline to about 3.9 B. . At present, Truist Financial's Price To Free Cash Flows Ratio is projected to increase based on the last few years of reporting. Truist Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 33.8871 | 50 Day MA 37.9246 | Beta 1.061 |
Truist |
Sharpe Ratio = 0.1164
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Truist Financial is performing at about 9% 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 Truist Financial by adding it to a well-diversified portfolio.
Price Book 0.936 | Price Sales 2.3059 | Shares Float 1.3 B | Dividend Share 2.08 | Wall Street Target Price 42.9 |
Truist Financial Valuation on April 29, 2024
It is possible to determine the worth of Truist Financial on a given historical date. On April 29, 2024 Truist was worth 38.29 at the beginning of the trading date compared to the closed value of 37.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Truist Financial stock. Still, in general, we apply an absolute valuation method to find Truist 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 Truist Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Truist Financial's related companies.
| Open | High | Low | Close | Volume | |
| 37.93 | 38.55 | 37.67 | 37.67 | 4,651,351 | |
04/29/2024 | 38.29 | 38.53 | 37.80 | 37.80 | 8,071,115 |
| 38.01 | 38.17 | 37.05 | 37.05 | 7,482,446 |
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Truist Financial Trading Date Momentum on April 29, 2024
| On April 30 2024 Truist Financial Corp was traded for 37.05 at the closing time. Highest Truist Financial's price during the trading hours was 38.17 and the lowest price during the day was 37.05 . The net volume was 7.5 M. The overall trading history on the 30th of April contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.98% . The trading price change to current price is 2.38% . |
Truist Financial Corp Fundamentals Correlations and Trends
By evaluating Truist 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 Truist Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Truist financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Truist Financial Stock history
Truist 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 Truist is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Truist Financial Corp 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 Truist Financial stock prices may prove useful in developing a viable investing in Truist Financial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.4 B | |
| Net Income Applicable To Common Shares | 6.8 B | 3.4 B |
Truist Financial Stock Technical Analysis
Truist Financial 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
Truist Financial Period Price Range
Low | April 29, 2024
| High |
38.29 | 37.80 |
Truist Financial May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Truist Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Truist Financial shares will generate the highest return on investment. By undertsting and applying Truist Financial stock market strength indicators, traders can identify Truist Financial Corp entry and exit signals to maximize returns
| Accumulation Distribution | 152918.0 | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 38.17 | |||
| Day Typical Price | 38.04 | |||
| Price Action Indicator | (0.61) | |||
| Period Momentum Indicator | 1.09 | |||
| Relative Strength Index | 56.41 |
Truist Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Truist Financial's price direction in advance. Along with the technical and fundamental analysis of Truist Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Truist 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 | 0.067 | |||
| Jensen Alpha | 0.042 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0561 | |||
| Treynor Ratio | 0.0925 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Truist Financial Corp information on this page should be used as a complementary analysis to other Truist Financial'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Truist Stock analysis
When running Truist Financial's price analysis, check to measure Truist 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 Truist Financial is operating at the current time. Most of Truist Financial's value examination focuses on studying past and present price action to predict the probability of Truist 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 Truist Financial's price. Additionally, you may evaluate how the addition of Truist Financial to your portfolios can decrease your overall portfolio volatility.
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Is Truist Financial'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 Truist Financial. If investors know Truist 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 Truist Financial 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 (0.24) | Dividend Share 2.08 | Earnings Share (1.31) | Revenue Per Share 15.607 | Quarterly Revenue Growth (0.1) |
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial'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 Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial'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 Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial'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.