Stock Yards Bancorp Stock Market Value
| SYBT Stock | USD 76.12 0.75 0.98% |
| Symbol | Stock |
Stock Yards Bancorp 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 Stock Yards. If investors know Stock 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 Stock Yards 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 0.087 | Dividend Share 1.21 | Earnings Share 3.63 | Revenue Per Share 11.338 | Quarterly Revenue Growth 0.053 |
The market value of Stock Yards Bancorp is measured differently than its book value, which is the value of Stock that is recorded on the company's balance sheet. Investors also form their own opinion of Stock Yards' value that differs from its market value or its book value, called intrinsic value, which is Stock Yards' 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 Stock Yards' market value can be influenced by many factors that don't directly affect Stock Yards' 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 Stock Yards' value and its price as these two are different measures arrived at by different means. Investors typically determine if Stock Yards is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stock Yards' 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.
Stock Yards '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 Stock Yards' 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 Stock Yards.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Stock Yards on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Stock Yards Bancorp or generate 0.0% return on investment in Stock Yards over 30 days. Stock Yards is related to or competes with First National, Southern Missouri, Shore Bancshares, First Capital, IF Bancorp, Colony Bankcorp, and Old Point. Stock Yards Bancorp, Inc. operates as a holding company for Stock Yards Bank Trust Company that provides various financi... More
Stock Yards 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 Stock Yards' 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 Stock Yards Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.1295 | |||
| Maximum Drawdown | 14.95 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 4.41 |
Stock Yards Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stock Yards' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stock Yards' standard deviation. In reality, there are many statistical measures that can use Stock Yards historical prices to predict the future Stock Yards' volatility.| Risk Adjusted Performance | 0.1478 | |||
| Jensen Alpha | 0.1693 | |||
| Total Risk Alpha | 0.0671 | |||
| Sortino Ratio | 0.1867 | |||
| Treynor Ratio | 0.196 |
Stock Yards Bancorp Backtested Returns
Stock Yards appears to be very steady, given 3 months investment horizon. Stock Yards Bancorp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Stock Yards Bancorp, which you can use to evaluate the volatility of the company. Please review Stock Yards' Risk Adjusted Performance of 0.1478, coefficient of variation of 542.7, and Semi Deviation of 1.29 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Stock Yards holds a performance score of 14. The entity has a beta of 2.1, 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, Stock Yards will likely underperform. Please check Stock Yards' potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Stock Yards' existing price patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
Stock Yards Bancorp has very good predictability. Overlapping area represents the amount of predictability between Stock Yards time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Stock Yards Bancorp price movement. The serial correlation of 0.82 indicates that around 82.0% of current Stock Yards price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 2.79 |
Stock Yards Bancorp lagged returns against current returns
Autocorrelation, which is Stock Yards 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 Stock Yards' stock expected returns. We can calculate the autocorrelation of Stock Yards returns to help us make a trade decision. For example, suppose you find that Stock Yards 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 |
Stock Yards 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 Stock Yards stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stock Yards stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stock Yards stock over time.
Current vs Lagged Prices |
| Timeline |
Stock Yards Lagged Returns
When evaluating Stock Yards' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stock Yards stock have on its future price. Stock Yards 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, Stock Yards autocorrelation shows the relationship between Stock Yards stock current value and its past values and can show if there is a momentum factor associated with investing in Stock Yards Bancorp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Stock Stock Analysis
When running Stock Yards' price analysis, check to measure Stock Yards' 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 Stock Yards is operating at the current time. Most of Stock Yards' value examination focuses on studying past and present price action to predict the probability of Stock Yards' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stock Yards' price. Additionally, you may evaluate how the addition of Stock Yards to your portfolios can decrease your overall portfolio volatility.