South Plains Financial Stock Market Value
| SPFI Stock | USD 38.85 0.17 0.44% |
| Symbol | South |
South Plains Financial Price To Book Ratio
Is Regional Banks space 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 South Plains. If investors know South 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 South Plains 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 (0.15) | Dividend Share 0.54 | Earnings Share 2.57 | Revenue Per Share 11.2 | Quarterly Revenue Growth (0.03) |
The market value of South Plains Financial is measured differently than its book value, which is the value of South that is recorded on the company's balance sheet. Investors also form their own opinion of South Plains' value that differs from its market value or its book value, called intrinsic value, which is South Plains' 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 South Plains' market value can be influenced by many factors that don't directly affect South Plains' 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 South Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if South Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South Plains' 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.
South Plains 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to South Plains' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of South Plains.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in South Plains on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding South Plains Financial or generate 0.0% return on investment in South Plains over 30 days. South Plains is related to or competes with Sound Financial, Finward Bancorp, Franklin Financial, Community West, Oak Valley, Mainstreet Bank, and Home Federal. South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer fina... More
South Plains Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure South Plains' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess South Plains Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.0372 | |||
| Maximum Drawdown | 20.3 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 3.21 |
South Plains Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for South Plains' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as South Plains' standard deviation. In reality, there are many statistical measures that can use South Plains historical prices to predict the future South Plains' volatility.| Risk Adjusted Performance | 0.074 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0527 | |||
| Treynor Ratio | 0.0887 |
South Plains Financial Backtested Returns
South Plains appears to be very steady, given 3 months investment horizon. South Plains Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.083, which indicates the firm had a 0.083% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for South Plains Financial, which you can use to evaluate the volatility of the company. Please review South Plains' Semi Deviation of 1.6, coefficient of variation of 1142.48, and Risk Adjusted Performance of 0.074 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, South Plains holds a performance score of 6. The entity has a beta of 2.45, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, South Plains will likely underperform. Please check South Plains' skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether South Plains' existing price patterns will revert.
Auto-correlation | 0.22 |
Weak predictability
South Plains Financial has weak predictability. Overlapping area represents the amount of predictability between South Plains time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of South Plains Financial price movement. The serial correlation of 0.22 indicates that over 22.0% of current South Plains price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
South Plains Financial lagged returns against current returns
Autocorrelation, which is South Plains stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting South Plains' stock expected returns. We can calculate the autocorrelation of South Plains returns to help us make a trade decision. For example, suppose you find that South Plains has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
South Plains regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If South Plains stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if South Plains stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in South Plains stock over time.
Current vs Lagged Prices |
| Timeline |
South Plains Lagged Returns
When evaluating South Plains' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of South Plains stock have on its future price. South Plains autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, South Plains autocorrelation shows the relationship between South Plains stock current value and its past values and can show if there is a momentum factor associated with investing in South Plains Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether South Plains Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South Plains' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of South Plains Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South Plains Financial Stock:Check out South Plains Correlation, South Plains Volatility and South Plains Alpha and Beta module to complement your research on South Plains. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
South Plains 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.