Southside Bancshares Stock Price on January 26, 2024
| SBSI Stock | USD 27.06 0.20 0.74% |
Below is the normalized historical share price chart for Southside Bancshares extending back to May 07, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Southside Bancshares stands at 27.06, as last reported on the 31st of May, with the highest price reaching 27.06 and the lowest price hitting 27.06 during the day.
If you're considering investing in Southside Stock, it is important to understand the factors that can impact its price. Southside Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0785, which indicates the firm had a -0.0785% return per unit of risk over the last 3 months. Southside Bancshares exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Southside Bancshares' Risk Adjusted Performance of (0.02), variance of 2.95, and Coefficient Of Variation of (2,453) to confirm the risk estimate we provide.
As of now, Southside Bancshares' Capital Stock is increasing as compared to previous years. The Southside Bancshares' current Stock Based Compensation is estimated to increase to about 3.7 M, while Common Stock Total Equity is projected to decrease to under 27.6 M. . As of now, Southside Bancshares' Price To Book Ratio is decreasing as compared to previous years. The Southside Bancshares' current Price Fair Value is estimated to increase to 1.91, while Price To Sales Ratio is projected to decrease to 2.31. Southside Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of May 1998 | 200 Day MA 29.0456 | 50 Day MA 27.6722 | Beta 0.544 |
Southside |
Sharpe Ratio = -0.0785
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| Negative Returns | SBSI |
Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Southside Bancshares 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 Southside Bancshares by adding Southside Bancshares to a well-diversified portfolio.
Price Book 1.0573 | Price Sales 3.384 | Shares Float 28.6 M | Dividend Share 1.41 | Wall Street Target Price 31.33 |
Southside Bancshares Valuation on January 26, 2024
It is possible to determine the worth of Southside Bancshares on a given historical date. On January 26, 2024 Southside was worth 30.01 at the beginning of the trading date compared to the closed value of 30.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Southside Bancshares stock. Still, in general, we apply an absolute valuation method to find Southside Bancshares' 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 Southside Bancshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Southside Bancshares' related companies.
| Open | High | Low | Close | Volume | |
| 31.76 | 31.80 | 30.26 | 30.26 | 110,378 | |
01/26/2024 | 30.01 | 31.09 | 29.38 | 30.21 | 129,286 |
| 31.34 | 33.75 | 31.27 | 31.99 | 227,516 |
| Backtest Southside Bancshares | | | Southside Bancshares History | | | Southside Bancshares Valuation | Previous | Next |
Southside Bancshares Trading Date Momentum on January 26, 2024
| On January 29 2024 Southside Bancshares was traded for 31.99 at the closing time. The top price for the day was 33.75 and the lowest listed price was 31.27 . The trading volume for the day was 227.5 K. The trading history from January 29, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 5.89% . The trading price change against the current closing price is 0.50% . |
Southside Bancshares Fundamentals Correlations and Trends
By evaluating Southside Bancshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Southside Bancshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Southside financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Southside Bancshares Stock history
Southside Bancshares 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 Southside is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Southside Bancshares 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 Southside Bancshares stock prices may prove useful in developing a viable investing in Southside Bancshares
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.8 M | 26.1 M | |
| Net Income Applicable To Common Shares | 120.8 M | 126.8 M |
Southside Bancshares Stock Technical Analysis
Southside Bancshares 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
Southside Bancshares Period Price Range
Low | January 26, 2024
| High |
30.01 | 30.21 |
Southside Bancshares May 31, 2024 Market Strength
Market strength indicators help investors to evaluate how Southside Bancshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southside Bancshares shares will generate the highest return on investment. By undertsting and applying Southside Bancshares stock market strength indicators, traders can identify Southside Bancshares entry and exit signals to maximize returns
| Accumulation Distribution | 7110.94 | |||
| Daily Balance Of Power | 0.117 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 30.24 | |||
| Day Typical Price | 30.23 | |||
| Price Action Indicator | 0.075 | |||
| Period Momentum Indicator | (3.15) |
Southside Bancshares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southside Bancshares' price direction in advance. Along with the technical and fundamental analysis of Southside Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Southside 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 | (0.09) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.08) |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southside Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Southside Stock please use our How to Invest in Southside Bancshares guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Southside Stock analysis
When running Southside Bancshares' price analysis, check to measure Southside Bancshares' 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 Southside Bancshares is operating at the current time. Most of Southside Bancshares' value examination focuses on studying past and present price action to predict the probability of Southside Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southside Bancshares' price. Additionally, you may evaluate how the addition of Southside Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Southside Bancshares' industry 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 Southside Bancshares. If investors know Southside 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 Southside Bancshares 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 (0.14) | Dividend Share 1.41 | Earnings Share 2.79 | Revenue Per Share 7.865 | Quarterly Revenue Growth (0.04) |
The market value of Southside Bancshares is measured differently than its book value, which is the value of Southside that is recorded on the company's balance sheet. Investors also form their own opinion of Southside Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Southside Bancshares' 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 Southside Bancshares' market value can be influenced by many factors that don't directly affect Southside Bancshares' 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 Southside Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southside Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southside Bancshares' 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.