Southern States Bancshares Stock Market Value
| SSBK Stock | USD 36.03 0.46 1.26% |
| Symbol | Southern |
Southern States Banc Price To Book Ratio
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern States. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.037 | Dividend Share 0.36 | Earnings Share 3.51 | Revenue Per Share 9.586 | Quarterly Revenue Growth 0.372 |
The market value of Southern States Banc is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern States' value that differs from its market value or its book value, called intrinsic value, which is Southern States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern States' market value can be influenced by many factors that don't directly affect Southern States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Southern States 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Southern States' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Southern States.
| 05/23/2023 |
| 11/13/2024 |
If you would invest 0.00 in Southern States on May 23, 2023 and sell it all today you would earn a total of 0.00 from holding Southern States Bancshares or generate 0.0% return on investment in Southern States over 540 days. Southern States is related to or competes with Home Federal, Oak Valley, Mainstreet Bank, Chemung Financial, First Community, Bank7 Corp, and Orange County. Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community b... More
Southern States Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Southern States' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Southern States Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | 0.0817 | |||
| Maximum Drawdown | 20.48 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 4.08 |
Southern States Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern States' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern States' standard deviation. In reality, there are many statistical measures that can use Southern States historical prices to predict the future Southern States' volatility.| Risk Adjusted Performance | 0.1141 | |||
| Jensen Alpha | 0.0234 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.1192 | |||
| Treynor Ratio | 0.1688 |
Southern States Banc Backtested Returns
Southern States appears to be very steady, given 3 months investment horizon. Southern States Banc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Southern States Bancshares, which you can use to evaluate the volatility of the company. Please review Southern States' Semi Deviation of 1.76, coefficient of variation of 720.85, and Risk Adjusted Performance of 0.1141 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Southern States holds a performance score of 9. The entity has a beta of 2.38, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Southern States will likely underperform. Please check Southern States' skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Southern States' existing price patterns will revert.
Auto-correlation | 0.59 |
Modest predictability
Southern States Bancshares has modest predictability. Overlapping area represents the amount of predictability between Southern States time series from 23rd of May 2023 to 17th of February 2024 and 17th of February 2024 to 13th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Southern States Banc price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Southern States price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 9.49 |
Southern States Banc lagged returns against current returns
Autocorrelation, which is Southern States stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Southern States' stock expected returns. We can calculate the autocorrelation of Southern States returns to help us make a trade decision. For example, suppose you find that Southern States has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Southern States regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Southern States stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern States stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern States stock over time.
Current vs Lagged Prices |
| Timeline |
Southern States Lagged Returns
When evaluating Southern States' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern States stock have on its future price. Southern States autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Southern States autocorrelation shows the relationship between Southern States stock current value and its past values and can show if there is a momentum factor associated with investing in Southern States Bancshares.
Regressed Prices |
| Timeline |
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Southern States 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.