Trico Bancshares Stock Technical Analysis
| TCBK Stock | USD 32.07 0.30 0.94% |
As of the 19th of April, TriCo Bancshares has the Risk Adjusted Performance of (0.05), variance of 5.95, and Coefficient Of Variation of (1,029). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TriCo Bancshares, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed thirteen technical drivers for TriCo Bancshares, which can be compared to its competition. Please validate TriCo Bancshares variance and value at risk to decide if TriCo Bancshares is priced more or less accurately, providing market reflects its prevalent price of 32.07 per share. Given that TriCo Bancshares has information ratio of (0.13), we advise you to double-check TriCo Bancshares's current market performance to make sure the company can sustain itself at a future point.
TriCo Bancshares Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TriCo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TriCoTriCo |
TriCo Bancshares Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 41.5 | Strong Buy | 6 | Odds |
Most TriCo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand TriCo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of TriCo Bancshares, talking to its executives and customers, or listening to TriCo conference calls.
TriCo Bancshares 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.
TriCo Bancshares Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of TriCo Bancshares volatility. High ATR values indicate high volatility, and low values indicate low volatility.
TriCo Bancshares Trend Analysis
Use this graph to draw trend lines for TriCo Bancshares. You can use it to identify possible trend reversals for TriCo Bancshares as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual TriCo Bancshares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.TriCo Bancshares Best Fit Change Line
The following chart estimates an ordinary least squares regression model for TriCo Bancshares applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that TriCo Bancshares market price will keep on failing further. It has 122 observation points and a regression sum of squares at 81.52, which is the sum of squared deviations for the predicted TriCo Bancshares price change compared to its average price change.About TriCo Bancshares Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of TriCo Bancshares on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of TriCo Bancshares based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TriCo Bancshares price pattern first instead of the macroeconomic environment surrounding TriCo Bancshares. By analyzing TriCo Bancshares's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of TriCo Bancshares's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to TriCo Bancshares specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0233 | 0.0279 | 0.0288 | Price To Sales Ratio | 3.83 | 2.86 | 2.36 |
TriCo Bancshares April 19, 2024 Technical Indicators
Most technical analysis of TriCo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TriCo from various momentum indicators to cycle indicators. When you analyze TriCo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 1.82 | |||
| Coefficient Of Variation | (1,029) | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.95 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 12.29 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 4.36 | |||
| Skewness | 0.1669 | |||
| Kurtosis | 0.5034 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriCo 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. For more information on how to buy TriCo Stock please use our How to buy in TriCo Stock guide.Note that the TriCo Bancshares information on this page should be used as a complementary analysis to other TriCo Bancshares' 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for TriCo Stock analysis
When running TriCo Bancshares' price analysis, check to measure TriCo Bancshares' 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 TriCo Bancshares is operating at the current time. Most of TriCo Bancshares' value examination focuses on studying past and present price action to predict the probability of TriCo Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriCo Bancshares' price. Additionally, you may evaluate how the addition of TriCo Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is TriCo Bancshares' 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 TriCo Bancshares. If investors know TriCo 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 TriCo Bancshares 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 (0.28) | Dividend Share 1.2 | Earnings Share 3.52 | Revenue Per Share 11.848 | Quarterly Revenue Growth (0.12) |
The market value of TriCo Bancshares is measured differently than its book value, which is the value of TriCo that is recorded on the company's balance sheet. Investors also form their own opinion of TriCo Bancshares' value that differs from its market value or its book value, called intrinsic value, which is TriCo Bancshares' 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 TriCo Bancshares' market value can be influenced by many factors that don't directly affect TriCo Bancshares' 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 TriCo Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriCo Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriCo Bancshares' 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.