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Our quantitative data points are meant to provide a high-level understanding of factors in equity risk models for Texas Pacific Land Trust. Portfolio managers use these models to forecast risk, optimize portfolios and review performance.
We show how TPL stock compares to 2,000+ US-based stocks, and to peers in the Management of Companies and Enterprises sector and Offices of Other Holding Companies industry.
Please do not consider this data as investment advice. Data is downloaded from sources we deem reliable, but errors may occur.
The Texas Pacific Land Trust is a publicly traded land trust with its administrative office in Dallas, Texas. Owning well over 900,000 acres in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas. TPL was created in February 1888 in the wake of the Texas and Pacific Railway bankruptcy, as a means to dispose of the T&P's vast land holdings. TPL received over 3,500,000 acres , and certain T&P bondholders were allowed to exchange their bonds for trust certificates. The certificates were later divided into "sub-share" certificates , and the sub-share certificates have been traded on the NYSE since January 1927.
Many of the following risk metrics are standardized and transformed into quantitative factors in institutional-level risk models.
Rankings below represent percentiles from 1 to 100, with 1 being the lowest rating of risk.
Stocks with higher beta exhibit higher sensitivity to the ups and downs in the market. (↑↑)
Stocks with higher market capitalization often have lower risk. (↑↓)
Higher average daily dollar volume over the past 30 days implies lower liquidity risk. (↑↓)
Higher price momentum stocks, aka recent winners, equate to lower risk for many investors. (↑↓)
Style risk factors often include measures of profitability and payout levels.
Companies with higher earnings generally provide lower risk. (↑↓)
Companies with higher dividend yields, if sustaintable, are perceived to have lower risk. (↑↓)
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