Truist Financial Corp Stock Market Value
| TFC Stock | USD 37.11 0.64 1.70% |
| Symbol | Truist |
Truist Financial Corp Price To Book Ratio
Is Regional Banks space 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.
Truist Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Truist Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Truist Financial.
| 05/05/2024 |
| 06/04/2024 |
If you would invest 0.00 in Truist Financial on May 5, 2024 and sell it all today you would earn a total of 0.00 from holding Truist Financial Corp or generate 0.0% return on investment in Truist Financial over 30 days. Truist Financial is related to or competes with Great Southern, and Independent Bank. Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlanti... More
Truist Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Truist Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Truist Financial Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.0532 | |||
| Maximum Drawdown | 7.13 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 3.04 |
Truist Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Truist Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Truist Financial's standard deviation. In reality, there are many statistical measures that can use Truist Financial historical prices to predict the future Truist Financial's volatility.| Risk Adjusted Performance | 0.0534 | |||
| Jensen Alpha | 0.0685 | |||
| Total Risk Alpha | 0.0453 | |||
| Sortino Ratio | 0.0532 | |||
| Treynor Ratio | 0.0661 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Truist Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Truist Financial Corp Backtested Returns
We consider Truist Financial very steady. Truist Financial Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0167, which indicates the firm had a 0.0167% return per unit of risk over the last 3 months. We have found twenty-seven 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 0.0534, semi deviation of 1.51, and Coefficient Of Variation of 1329.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0269%. Truist Financial has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 1.71, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Truist Financial will likely underperform. Truist Financial Corp right now has a risk of 1.61%. Please validate Truist Financial potential upside, as well as the relationship between the skewness and day median price , to decide if Truist Financial will be following its existing price patterns.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Truist Financial Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Truist Financial time series from 5th of May 2024 to 20th of May 2024 and 20th of May 2024 to 4th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Truist Financial Corp price movement. The serial correlation of -0.71 indicates that around 71.0% of current Truist Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Truist Financial Corp lagged returns against current returns
Autocorrelation, which is Truist Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Truist Financial's stock expected returns. We can calculate the autocorrelation of Truist Financial returns to help us make a trade decision. For example, suppose you find that Truist Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Truist Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Truist Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Truist Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Truist Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Truist Financial Lagged Returns
When evaluating Truist Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Truist Financial stock have on its future price. Truist Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Truist Financial autocorrelation shows the relationship between Truist Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Truist Financial Corp.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Truist Stock
When determining whether Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:Check out Truist Financial Correlation, Truist Financial Volatility and Truist Financial Alpha and Beta module to complement your research on Truist Financial. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.