TSI Stock Summary and Trading Ideas (TCW Strategic Income | NYSE:TSI)

The Fund’s investment objective is to seek a total return comprised of current income and capital appreciation by investing in convertible securities, marketable equity securities, investment-grade debt securities, high-yield debt securities, securities issued or guaranteed by the United States Government, its agencies and instrumentalities (“U.S. Government Securities”), repurchase agreements, mortgage related securities, asset-backed securities, money market securities, other securities and derivative instruments without limit believed by the Fund’s investment advisor to be consistent with the Fund’s investment objective.

TCW Strategic Income trades on the NYSE stock market under the symbol TSI.

As of April 23, 2024, TSI stock price climbed to $4.61 with 40,971 million shares trading.

TSI has a beta of 0.35, meaning it tends to be less sensitive to market movements. TSI has a correlation of 0.32 to the broad based SPY ETF.

TSI has a market cap of $220.17 million. This is considered a Small Cap stock.

In the last 3 years, TSI stock traded as high as $5.96 and as low as $4.48.

TSI has underperformed the market in the last year with a return of +5.4%, while the SPY ETF gained +24.3%. In the last 3 month period, TSI fell short of the market, returning -0.5%, while SPY returned +4.9%. However, in the most recent 2 weeks TSI has outperformed the stock market by returning -1.7%, while SPY returned -2.5%.

TSI support price is $4.55 and resistance is $4.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TSI stock will trade within this expected range on the day.