SSB Financial Statements From 2010 to 2026
| SSBP Stock | USD 13.00 0.13 0.99% |
Check SSB Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SSB Bancorp's main balance sheet or income statement drivers, such as , as well as many indicators such as . SSB financial statements analysis is a perfect complement when working with SSB Bancorp Valuation or Volatility modules.
SSB |
SSB Bancorp Company Return On Equity Analysis
SSB Bancorp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current SSB Bancorp Return On Equity | 0.0563 |
Most of SSB Bancorp's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SSB Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, SSB Bancorp has a Return On Equity of 0.0563. This is 96.12% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The return on equity for all United States stocks is 118.16% lower than that of the firm.
SSB Bancorp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SSB Bancorp's current stock value. Our valuation model uses many indicators to compare SSB Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SSB Bancorp competition to find correlations between indicators driving SSB Bancorp's intrinsic value. More Info.SSB Bancorp is rated second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.10 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SSB Bancorp is roughly 10.05 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SSB Bancorp's earnings, one of the primary drivers of an investment's value.About SSB Bancorp Financial Statements
SSB Bancorp shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although SSB Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in SSB Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on SSB Bancorp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
SSB Bancorp, Inc. operates as the holding company for SSB Bank that provides various financial services to individuals and corporate customers in Pennsylvania. The company was founded in 1922 and is based in Pittsburgh, Pennsylvania. Ssb Bancorp is traded on OTC Exchange in the United States.
Pair Trading with SSB Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SSB Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SSB Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with SSB Pink Sheet
Moving against SSB Pink Sheet
| 0.67 | IBN | ICICI Bank Limited | PairCorr |
| 0.64 | USB-PH | US Bancorp | PairCorr |
| 0.63 | JD | JD Inc Adr Aggressive Push | PairCorr |
The ability to find closely correlated positions to SSB Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SSB Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SSB Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SSB Bancorp to buy it.
The correlation of SSB Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SSB Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SSB Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SSB Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for SSB Pink Sheet Analysis
When running SSB Bancorp's price analysis, check to measure SSB Bancorp'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 SSB Bancorp is operating at the current time. Most of SSB Bancorp's value examination focuses on studying past and present price action to predict the probability of SSB Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSB Bancorp's price. Additionally, you may evaluate how the addition of SSB Bancorp to your portfolios can decrease your overall portfolio volatility.