On January 08 2025 Summit Bank Group was traded for 14.10 at the closing time. The top price for the day was 14.10 and the lowest listed price was 14.00 . The trading volume for the day was 2.3 K. The trading history from January 8, 2025 did not result in any price rise and fall. The trading price change against the current closing price is 0.00% .
For every potential investor in Summit, whether a beginner or expert, Summit Bank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Summit Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Summit. Basic forecasting techniques help filter out the noise by identifying Summit Bank's price trends.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Summit Bank pink sheet to make a market-neutral strategy. Peer analysis of Summit Bank could also be used in its relative valuation, which is a method of valuing Summit Bank by comparing valuation metrics with similar companies.
Summit Bank Group Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Summit Bank's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Summit Bank's current price.
Market strength indicators help investors to evaluate how Summit Bank pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Summit Bank shares will generate the highest return on investment. By undertsting and applying Summit Bank pink sheet market strength indicators, traders can identify Summit Bank Group entry and exit signals to maximize returns.
The analysis of Summit Bank's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Summit Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting summit pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Summit Bank
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 Summit Bank 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 Summit Bank will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Summit Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Summit Bank 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 Summit Bank - 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 Summit Bank Group to buy it.
The correlation of Summit Bank 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 Summit Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Summit Bank Group 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 Summit Bank 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.
Other Information on Investing in Summit Pink Sheet
Summit Bank financial ratios help investors to determine whether Summit Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Summit with respect to the benefits of owning Summit Bank security.