Stock Story

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SYBT -- USA Stock  

USD 42.15  0.99  2.29%

As many rational traders are trying to avoid financial services space, it makes sense to review Stock Yards Bancorp a little further and understand how it stands against CHINA MERCHANTS and other similar entities. We are going to break down some of the competitive aspects of both Stock and CHINA.
Published over a month ago
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Is CHINA more volatile than Stock Yards Bancorp (NASDAQ:SYBT)?
By analyzing existing forward-looking signals between Stock Yards and CHINA, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in CHINA with a short position in Stock Yards. Check out our pair correlation module for more information.

Let's begin by analyzing the assets. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Stock Yards has an asset utilization ratio of 6.0 percent. This implies that the company is making $0.06 for each dollar of assets. An increasing asset utilization means that Stock Yards Bancorp is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as Stock or BNPQF is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

UNDERSTANDING Stock Yards dividends

A dividend is the distribution of a portion of Stock Yards earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Stock Yards dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Stock one year expected dividend income is about $0.61 per share.
Dividend Yield is likely to gain to 0.0227 in 2020, whereas Payment of Dividends and Other Cash Distributions is likely to drop (17.6 M) in 2020.
Last ReportedProjected for 2020
Payment of Dividends and Other Cash Distributions-16.4 M-17.6 M
Dividend Yield 0.0225  0.0227 
Dividends per Basic Common Share 0.58  0.49 
Investing in dividend-paying stocks, such as Stock Yards Bancorp is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Stock Yards must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Stock Yards. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Stock Yards's Liquidity

Stock Yards financial leverage refers to using borrowed capital as a funding source to finance Stock Yards Bancorp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Stock Yards financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Stock Yards's total debt and its cash.

Correlation Between Stock and BNP PARIBAS

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Stock Yards together with similar or unrelated positions with a negative correlation. For example, you can also add BNP PARIBAS to your portfolio. If BNP PARIBAS is not perfectly correlated to Stock Yards it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Stock Yards for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down. Please check pair correlation details between SYBT and BNPQF for more information.


Are you currently holding both Stock Yards and BNP PARIBAS in your portfolio? Please note if you are using this as a pair-trade strategy between Stock Yards and BNP PARIBAS, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses.

A Deeper Perspective On Stock Yards

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Lets now check Stock Yards revenue. Based on the latest financial disclosure, Stock Yards Bancorp reported 168.88 M of revenue. This is 98.49% lower than that of the Financial Services sector and significantly higher than that of the Banks?Regional industry. The revenue for all United States stocks is 98.21% higher than that of Stock Yards. As for CHINA MERCHANTS we see revenue of 27.58 B, which is much higher than that of the Banks?Regional

27.6 B
SYBT168.88 Million0.61
CIHKY27.58 Billion99.39

Stock may start a bounce-back in November

Standard deviation is down to 2.0. It may call for a possible volatility drop. Stock Yards Bancorp exhibits very low volatility with skewness of -0.44 and kurtosis of 0.96. However, we advise investors to further study Stock Yards Bancorp technical indicators to make sure all market info is available and is reliable.

Our Takeaway on Stock Yards Investment

Whereas some other companies under the banks?regional industry are still a bit expensive, Stock Yards may offer a potential longer-term growth to private investors. The bottom line, as of the 24th of October 2020, our research shows that Stock Yards is a rather very steady investment opportunity with a low probability of distress in the next two years. From a slightly different view, the entity currently appears to be fairly valued. Our concluding 30 days 'Buy-Sell' recommendation on the firm is Strong Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Stock Yards Bancorp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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