Textron Stock Price on November 12, 2024
TXT Stock | USD 85.46 0.17 0.20% |
If you're considering investing in Textron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Textron stands at 85.46, as last reported on the 3rd of December, with the highest price reaching 86.11 and the lowest price hitting 84.79 during the day. Textron owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0268, which indicates the firm had a -0.0268% return per unit of risk over the last 3 months. Textron exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Textron's Variance of 2.59, coefficient of variation of (3,725), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
Textron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Textron |
Sharpe Ratio = -0.0268
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | TXT |
Estimated Market Risk
1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Textron 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 Textron by adding Textron to a well-diversified portfolio.
Related Headline
AAR Corp Headline on 12th of November 2024
AAR signs new engine parts supply agreement with Chromalloy by prnewswire.com
PRNewswire -- AAR CORP. , a leading provider of aviation services to commercial and government operators, MROs, and OEMs, is pleased to announce...
Textron Valuation on November 12, 2024
It is possible to determine the worth of Textron on a given historical date. On November 12, 2024 Textron was worth 88.01 at the beginning of the trading date compared to the closed value of 86.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Textron stock. Still, in general, we apply an absolute valuation method to find Textron'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 Textron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Textron's related companies.
Open | High | Low | Close | Volume | |
88.37 | 89.28 | 87.87 | 88.10 | 808,059 | |
11/12/2024 | 88.01 | 88.38 | 86.83 | 86.94 | 1,250,500 |
86.98 | 88.23 | 86.95 | 87.57 | 1,169,538 |
Backtest Textron | | | Textron History | | | Textron Valuation | Previous | Next |
Textron Trading Date Momentum on November 12, 2024
On November 13 2024 Textron was traded for 87.57 at the closing time. Highest Textron's price during the trading hours was 88.23 and the lowest price during the day was 86.95 . The net volume was 1.2 M. The overall trading history on the 13th of November 2024 contributed to the next trading period price appreciation. The trading price change to the next next day price was 0.72% . The trading price change to current price is 3.08% . |
Textron Fundamentals Correlations and Trends
By evaluating Textron'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 Textron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Textron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Textron Stock history
Textron 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 Textron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Textron 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 Textron stock prices may prove useful in developing a viable investing in Textron
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island. Textron operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 33000 people.
Textron Stock Technical Analysis
Textron 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
Textron Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Textron 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.
Textron December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Textron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Textron shares will generate the highest return on investment. By undertsting and applying Textron stock market strength indicators, traders can identify Textron entry and exit signals to maximize returns
Textron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Textron's price direction in advance. Along with the technical and fundamental analysis of Textron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Textron 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 | (0.02) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (0.04) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Textron Stock Analysis
When running Textron's price analysis, check to measure Textron'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 Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.