Southern Company Stock Alpha and Beta Analysis
| SO Stock | USD 73.91 0.66 0.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Southern Company. It also helps investors analyze the systematic and unsystematic risks associated with investing in Southern over a specified time horizon. Remember, high Southern's 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 Southern's market risk premium analysis include:
Beta 0.68 | Alpha 0.0667 | Risk 1.1 | Sharpe Ratio 0.12 | Expected Return 0.13 |
Southern Quarterly Cash And Equivalents |
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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.
Southern |
Southern Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Southern market risk premium is the additional return an investor will receive from holding Southern 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 Southern. 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 Southern's performance over market.| α | 0.07 | β | 0.68 |
Southern 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 Southern's Buy-and-hold return. Our buy-and-hold chart shows how Southern performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Southern Market Price Analysis
Market price analysis indicators help investors to evaluate how Southern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southern shares will generate the highest return on investment. By understating and applying Southern stock market price indicators, traders can identify Southern position entry and exit signals to maximize returns.
Southern Return and Market Media
The median price of Southern for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 68.79 with a coefficient of variation of 2.65. The daily time series for the period is distributed with a sample standard deviation of 1.82, arithmetic mean of 68.88, and mean deviation of 1.48. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | The Southern Company files for mixed shelf, size not disclosed | 02/16/2024 |
2 | Caisse DE Depot ET Placement DU Quebec Cuts Stock Holdings in The Southern Company | 03/05/2024 |
| Southern dividend paid on 6th of March 2024 | 03/06/2024 |
3 | Southern Use Of Debt Could Be Considered Risky | 03/11/2024 |
4 | Disposition of 6898 shares by Christopher Womack of Southern subject to Rule 16b-3 | 03/15/2024 |
5 | How Southern Company CEO Chris Womack sees the utility giant adapting | 03/22/2024 |
6 | Southern Company CEO Chris Womack defends Plant Vogtle expansion | 03/25/2024 |
7 | Georgia Power highlights training programs and career opportunities during Lineworker Appreciation Month | 04/04/2024 |
8 | Acquisition by Meador David E of 597 shares of Southern subject to Rule 16b-3 | 04/05/2024 |
9 | Does Southern Deserve A Spot On Your Watchlist | 04/18/2024 |
10 | Southern Company increases dividend for 23rd consecutive year annualized rate rises to 2.88 per share | 04/22/2024 |
About Southern 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 Southern or other stocks. Alpha measures the amount that position in Southern 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 | 0.0382 | 0.0379 | 0.0396 | 0.0594 | Price To Sales Ratio | 3.15 | 2.62 | 3.03 | 3.18 |
Southern Upcoming Company Events
As portrayed in its financial statements, the presentation of Southern's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Southern's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Southern's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Southern. Please utilize our Beneish M Score to check the likelihood of Southern's management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Southern
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Southern Backtesting, Southern Valuation, Southern Correlation, Southern Hype Analysis, Southern Volatility, Southern History and analyze Southern Performance. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Southern Stock analysis
When running Southern's price analysis, check to measure Southern's 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 Southern is operating at the current time. Most of Southern's value examination focuses on studying past and present price action to predict the probability of Southern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern's price. Additionally, you may evaluate how the addition of Southern to your portfolios can decrease your overall portfolio volatility.
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Southern 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.