Tyler Technologies Stock Market Value
| TYL Stock | USD 419.00 0.56 0.13% |
| Symbol | Tyler |
Tyler Technologies Price To Book Ratio
Is Tyler Technologies' 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 Tyler Technologies. If investors know Tyler 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 Tyler Technologies 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 0.248 | Earnings Share 3.89 | Revenue Per Share 46.444 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0292 |
The market value of Tyler Technologies is measured differently than its book value, which is the value of Tyler that is recorded on the company's balance sheet. Investors also form their own opinion of Tyler Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tyler Technologies' 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 Tyler Technologies' market value can be influenced by many factors that don't directly affect Tyler Technologies' 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 Tyler Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyler Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyler Technologies' 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.
Tyler Technologies '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 Tyler Technologies' 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 Tyler Technologies.
| 07/04/2022 |
| 04/24/2024 |
If you would invest 0.00 in Tyler Technologies on July 4, 2022 and sell it all today you would earn a total of 0.00 from holding Tyler Technologies or generate 0.0% return on investment in Tyler Technologies over 660 days. Tyler Technologies is related to or competes with ZoomInfo Technologies. Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector More
Tyler Technologies 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 Tyler Technologies' 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 Tyler Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 7.06 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 1.95 |
Tyler Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tyler Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tyler Technologies' standard deviation. In reality, there are many statistical measures that can use Tyler Technologies historical prices to predict the future Tyler Technologies' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tyler Technologies' 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.
Tyler Technologies Backtested Returns
Tyler Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0264, which indicates the firm had a -0.0264% return per unit of risk over the last 3 months. Tyler Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tyler Technologies' Variance of 1.66, coefficient of variation of (3,771), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of 1.01, which indicates a somewhat significant risk relative to the market. Tyler Technologies returns are very sensitive to returns on the market. As the market goes up or down, Tyler Technologies is expected to follow. Tyler Technologies has an expected return of -0.0328%. Please make sure to validate Tyler Technologies jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Tyler Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Tyler Technologies has virtually no predictability. Overlapping area represents the amount of predictability between Tyler Technologies time series from 4th of July 2022 to 30th of May 2023 and 30th of May 2023 to 24th of April 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 Tyler Technologies price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Tyler Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 363.93 |
Tyler Technologies lagged returns against current returns
Autocorrelation, which is Tyler Technologies 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 Tyler Technologies' stock expected returns. We can calculate the autocorrelation of Tyler Technologies returns to help us make a trade decision. For example, suppose you find that Tyler Technologies 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 |
Tyler Technologies 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 Tyler Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tyler Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tyler Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Tyler Technologies Lagged Returns
When evaluating Tyler Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tyler Technologies stock have on its future price. Tyler Technologies 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, Tyler Technologies autocorrelation shows the relationship between Tyler Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Tyler Technologies.
Regressed Prices |
| Timeline |
Tyler Technologies Investors Sentiment
The influence of Tyler Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tyler. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Tyler Technologies' public news can be used to forecast risks associated with an investment in Tyler. The trend in average sentiment can be used to explain how an investor holding Tyler can time the market purely based on public headlines and social activities around Tyler Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tyler Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tyler Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Tyler Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tyler Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tyler Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tyler Technologies' short interest history, or implied volatility extrapolated from Tyler Technologies options trading.
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When determining whether Tyler Technologies is a strong investment it is important to analyze Tyler Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tyler Technologies' future performance. For an informed investment choice regarding Tyler Stock, refer to the following important reports:Check out Tyler Technologies Correlation, Tyler Technologies Volatility and Tyler Technologies Alpha and Beta module to complement your research on Tyler Technologies. For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Tyler Stock analysis
When running Tyler Technologies' price analysis, check to measure Tyler Technologies' 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 Tyler Technologies is operating at the current time. Most of Tyler Technologies' value examination focuses on studying past and present price action to predict the probability of Tyler Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tyler Technologies' price. Additionally, you may evaluate how the addition of Tyler Technologies to your portfolios can decrease your overall portfolio volatility.
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Tyler Technologies 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.