Truist Financial Preferred Stock Price on May 31, 2024

TFC-PI Preferred Stock  USD 23.06  0.04  0.17%   
If you're considering investing in Truist Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Truist Financial stands at 23.06, as last reported on the 22nd of December, with the highest price reaching 23.34 and the lowest price hitting 23.01 during the day. Truist Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Truist Financial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Truist Financial's Coefficient Of Variation of (942.79), risk adjusted performance of (0.09), and Variance of 0.4102 to confirm the risk estimate we provide.
  
Truist Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1058

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Estimated Market Risk

 0.64
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Truist Financial is not performing at its full potential. However, 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 Truist Financial to a well-diversified portfolio.

Truist Financial Valuation on May 31, 2024

It is possible to determine the worth of Truist Financial on a given historical date. On May 31, 2024 Truist was worth 21.41 at the beginning of the trading date compared to the closed value of 21.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Truist Financial preferred 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
  21.36    21.40    21.22    21.33    8,540  
05/31/2024
  21.41    21.51    21.32    21.51    25,600  
  21.36    21.45    21.36    21.37    44,150  
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Open Value
21.41
21.51
Closing Value
23.33
Upside

Truist Financial Trading Date Momentum on May 31, 2024

On June 03 2024 Truist Financial was traded for  21.37  at the closing time. The maximum traded price for the trading interval was 21.45  and the lowest daily price was  21.36 . The daily volume was recorded at 44.1 K. The volume of trading on 3rd of June 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.65% . The trading price change to the closing price today is 0.70% .

Truist Financial 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 Preferred 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 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
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina. Truist Financial is traded on NYQ Exchange in the United States.

Truist Financial Preferred Stock Technical Analysis

Truist 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.
A focus of Truist Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Truist Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Truist Financial Period Price Range

Low
December 22, 2024
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Truist Financial cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Truist Financial December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Truist 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 Truist Financial shares will generate the highest return on investment. By undertsting and applying Truist Financial preferred stock market strength indicators, traders can identify Truist Financial entry and exit signals to maximize returns

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 Preferred 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.

Complementary Tools for Truist Preferred 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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