Macroaxis Stories

Will Sterling Bancorp (NASDAQ:SBT) drop in September?

August 1, 2021  By
Considering the 60-day investment horizon Sterling Bancorp is expected to under-perform the market. In addition to that, the company is 2.49 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility. As many old-fashioned traders are trying to avoid financial services space, it makes sense to review Sterling Bancorp a little further and try to understand its current volatility patterns. We are going to break down if the current expected returns justify Sterling Bancorp's volatility. Sterling Bancorp's very low volatility may have no significant impact on the stock's value as we estimate Sterling Bancorp as currently undervalued. The real value, based on our calculations, is getting close to 6.88 per share.
Published over a year ago
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Reviewed by Michael Smolkin

The company runs under Financial Services sector within Banks—Regional industry.
Volatility is a rate at which the price of Sterling Bancorp or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Sterling Bancorp may increase or decrease. In other words, similar to Sterling's beta indicator, it measures the risk of Sterling Bancorp and helps estimate the fluctuations that may happen in a short period of time. So if prices of Sterling Bancorp fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Sterling Bancorp's Liquidity

Sterling Bancorp financial leverage refers to using borrowed capital as a funding source to finance Sterling Bancorp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Sterling Bancorp 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. Financial leverage can amplify the potential profits to Sterling Bancorp's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Sterling Bancorp's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Sterling Bancorp's total debt and its cash.

How does Sterling utilize its cash?

At this time, Sterling Bancorp's Total Cashflows From Investing Activities is comparatively stable compared to the past year. . To perform a cash flow analysis of Sterling Bancorp, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Sterling Bancorp is receiving and how much cash it distributes out in a given period. The Sterling Bancorp cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Sterling Bancorp Gross Profit

Sterling Bancorp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Sterling Bancorp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Sterling Bancorp Gross Profit growth over the last 10 years. Please check Sterling Bancorp's gross profit and other fundamental indicators for more details.

Sterling Bancorp Volatility Drivers

Sterling Bancorp unsystematic risk is unique to Sterling Bancorp and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Sterling Bancorp you can also buy HMN Financial. You can also mitigate this risk by investing in the financials sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Sterling Bancorp important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Sterling Bancorp income statement and balance sheet. Here are more details about Sterling volatility.
-0.560.030.84
-0.560.38-0.52
0.030.380.29
0.84-0.520.29
Click cells to compare fundamentals

Breaking down Sterling Bancorp Further

Sterling Bancorp reported the last year's revenue of 71.33 M. Reported Net Loss for the year was (6.61 M) with profit before taxes, overhead, and interest of 55.24 M.

Some Sterling technical indicators suggest turnaround

Newest Information Ratio is up to -0.08. Price may drop again. Sterling Bancorp exhibits very low volatility with skewness of 0.09 and kurtosis of 0.9. However, we advise investors to further study Sterling Bancorp technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sterling Bancorp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sterling Bancorp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Whereas some firms under the banks—regional industry are still a bit expensive, Sterling Bancorp may offer a potential longer-term growth to private investors. The inconsistency in the assessment between current Sterling valuation and our trade advice on Sterling Bancorp is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Sterling Bancorp.

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Editorial Staff

Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
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 Ellen Johnson do not own shares of Sterling Bancorp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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