Stock Yards Bancorp Sets New 1-Year High Heres Why

SYBT Stock  USD 77.93  0.62  0.80%   
Slightly above 61% of Stock Yards' investor base is looking to short. The analysis of overall sentiment of trading Stock Yards Bancorp stock suggests that many investors are alarmed at this time. Stock Yards' investing sentiment can be driven by a variety of factors including economic data, Stock Yards' earnings reports, geopolitical events, and overall market trends.
  
Shares of Stock Yards Bancorp, Inc. hit a new 52-week high on Monday . The stock traded as high as 79.70 and last traded at 79.70, with a volume of 9928 shares. The stock had previously closed at 76.11. Analyst Ratings Changes A number of research analysts have recently commented

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Stock Yards Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Stock Yards can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Stock Yards Fundamental Analysis

We analyze Stock Yards' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stock Yards using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stock Yards based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Total Asset

Total Asset Comparative Analysis

Stock Yards is currently under evaluation in total asset category among its peers. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Stock Yards Bancorp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Stock Yards stock to make a market-neutral strategy. Peer analysis of Stock Yards could also be used in its relative valuation, which is a method of valuing Stock Yards by comparing valuation metrics with similar companies.

Peers

Stock Yards Related Equities

GCBCGreene County   2.34   
0%
100.0%
FCAPFirst Capital   1.62   
0%
69.0%
IROQIF Bancorp   1.18   
0%
50.0%
SHBIShore Bancshares   1.11   
0%
47.0%
BSRRSierra Bancorp   0.90   
0%
38.0%
HFBLHome Federal   0.81   
0%
34.0%
FFNWFirst Financial   0.54   
0%
23.0%
OPOFOld Point   0.25   
0%
10.0%
CFBKCF Bankshares   0.25   
0%
10.0%
CBANColony Bankcorp   0.23   
0%
9.0%
BSVNBank7 Corp   0.17   
0%
7.0%
FXNCFirst National   0.08   
3.0%
0%
SMBCSouthern Missouri   0.32   
13.0%
0%
FNWDFinward Bancorp   0.58   
24.0%
0%
CWBCCommunity West   0.60   
25.0%
0%

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.