South Plains Financial Stock Alpha and Beta Analysis
| SPFI Stock | USD 39.00 0.11 0.28% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as South Plains Financial. It also helps investors analyze the systematic and unsystematic risks associated with investing in South Plains over a specified time horizon. Remember, high South Plains' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to South Plains' market risk premium analysis include:
Beta 2.45 | Alpha (0.09) | Risk 2.62 | Sharpe Ratio 0.0875 | Expected Return 0.23 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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South Plains Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. South Plains market risk premium is the additional return an investor will receive from holding South Plains long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in South Plains. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate South Plains' performance over market.| α | -0.09 | β | 2.45 |
South Plains expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of South Plains' Buy-and-hold return. Our buy-and-hold chart shows how South Plains performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.South Plains Market Price Analysis
Market price analysis indicators help investors to evaluate how South Plains stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading South Plains shares will generate the highest return on investment. By understating and applying South Plains stock market price indicators, traders can identify South Plains position entry and exit signals to maximize returns.
South Plains Return and Market Media
The median price of South Plains for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 33.93 with a coefficient of variation of 7.24. The daily time series for the period is distributed with a sample standard deviation of 2.53, arithmetic mean of 34.91, and mean deviation of 2.08. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | How To Trade - Stock Traders Daily | 09/11/2024 |
2 | Insider Trading | 10/15/2024 |
3 | South Plains Financial, Inc. Announces 7 percent Increase to Quarterly Cash Dividend | 10/17/2024 |
4 | Earnings To Watch South Plains Financial Inc Reports Q3 2024 Result | 10/22/2024 |
5 | South Plains Financial GAAP EPS of 0.66 in-line, revenue of 47.93M misses by 1.3M | 10/23/2024 |
6 | Earnings call South Plains Financial maintains steady EPS in Q3 2024 | 10/24/2024 |
7 | South Plains Financial Third Quarter 2024 Earnings Revenues Disappoint | 10/25/2024 |
8 | South Plains Financial Reports Financial Results for Third Quarter 2024 South Plains Financial, Inc. has announced its financial results for the third quarter e... | 10/28/2024 |
9 | Acquisition by Valles Noe G of 50000 shares of South Plains at 33.5 subject to Rule 16b-3 | 11/05/2024 |
10 | South Plains Financial Chairman Sells Shares Worth 1.68 million | 11/06/2024 |
| South Plains dividend paid on 12th of November 2024 | 11/12/2024 |
11 | Disposition of 2063 shares by Mikella Newsom of South Plains at 20.93 subject to Rule 16b-3 | 11/15/2024 |
12 | Heres Why South Plains Financial Could be Great Choice for a Bottom Fisher | 11/21/2024 |
13 | Disposition of 5000 shares by Curtis Griffith of South Plains at 33.0 subject to Rule 16b-3 | 11/29/2024 |
About South Plains Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including South or other stocks. Alpha measures the amount that position in South Plains Financial has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0108 | 0.0168 | 0.0174 | 0.0279 | Price To Sales Ratio | 2.28 | 2.23 | 2.38 | 1.72 |
South Plains Upcoming Company Events
As portrayed in its financial statements, the presentation of South Plains' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, South Plains' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of South Plains' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of South Plains. Please utilize our Beneish M Score to check the likelihood of South Plains' management manipulating its earnings.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 23rd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 24th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
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Align your risk with return expectations
Check out South Plains Backtesting, South Plains Valuation, South Plains Correlation, South Plains Hype Analysis, South Plains Volatility, South Plains History and analyze South Plains Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.