Southside Bancshares Total Risk Alpha
| SBSI Stock | | | USD 30.10 0.11 0.37% |
Historical market data for Southside Bancshares forms the basis of the Total Risk Alpha indicator shown here. The indicator computation uses normalized market activity data. Market data gaps can influence the computed indicator values. Southside Bancshares has a market cap of 904.99 M, operating margin of 41.54%, ROE of 8.34%. Review
World Market Map for broader portfolio context. The portfolio view reflects current allocation structure. The allocation view reflects recorded position information. The dataset is presented as structured reference material for independent review. The holding in Southside Bancshares represents an allocation. It is represented within the portfolio holdings. Position allocation is driven by the portfolio construction model. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
To understand the process of investing in Southside Stock, visit our
How to Invest in Southside Bancshares guide.
Southside Bancshares has current Total Risk Alpha of 0.0907. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0907 | |
| ER[a] | = | Expected return on investing in Southside Bancshares |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Southside Bancshares |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Southside Bancshares is rated
below average for total risk alpha among direct rivals. It is currently under evaluation for maximum drawdown among direct rivals recording roughly
103.08 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by
103.08 times for Southside Bancshares
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Southside Bancshares to Peers
Other Technical Indicators