Summit Bancshares Stock Price on December 3, 2024
| SMAL Stock | USD 43.81 0.09 0.21% |
If you're considering investing in Summit Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Summit Bancshares stands at 43.81, as last reported on the 11th of December 2024, with the highest price reaching 43.81 and the lowest price hitting 43.81 during the day. As of now, Summit Pink Sheet is very steady. Summit Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0401, which indicates the firm had a 0.0401% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Summit Bancshares, which you can use to evaluate the volatility of the company. Please validate Summit Bancshares' Semi Deviation of 1.12, risk adjusted performance of 0.0363, and Coefficient Of Variation of 2218.91 to confirm if the risk estimate we provide is consistent with the expected return of 0.0466%.
Summit Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Summit |
Sharpe Ratio = 0.0401
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| Negative Returns | SMAL |
Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Summit Bancshares is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Summit Bancshares by adding it to a well-diversified portfolio.
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Summit Bancshares Valuation on December 3, 2024
It is possible to determine the worth of Summit Bancshares on a given historical date. On December 3, 2024 Summit was worth 43.95 at the beginning of the trading date compared to the closed value of 43.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Summit Bancshares pink sheet. Still, in general, we apply an absolute valuation method to find Summit Bancshares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Summit Bancshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Summit Bancshares' related companies.
| Open | High | Low | Close | Volume | |
| 43.87 | 43.87 | 43.87 | 43.87 | 1.00 | |
12/03/2024 | 43.95 | 43.95 | 43.90 | 43.90 | 1,300 |
| 43.81 | 43.81 | 43.81 | 43.81 | 200.00 |
| Backtest Summit Bancshares | | | Summit Bancshares History | | | Summit Bancshares Valuation | Previous | Next |
Summit Bancshares Trading Date Momentum on December 3, 2024
| On December 04 2024 Summit Bancshares was traded for 43.81 at the closing time. The top price for the day was 43.81 and the lowest listed price was 43.81 . The trading volume for the day was 200. The trading history from December 4, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.21% . The trading price change against the current closing price is 0.21% . |
Summit Bancshares Fundamentals Correlations and Trends
By evaluating Summit Bancshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Summit Bancshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Summit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Summit Bancshares Pink Sheet history
Summit Bancshares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Summit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summit Bancshares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Summit Bancshares stock prices may prove useful in developing a viable investing in Summit Bancshares
Summit Bancshares, Inc., through its subsidiary, Summit Bank, provides commercial credit and other banking services in California. Summit Bancshares, Inc. was founded in 1982 and is based in Oakland, California. Summit Bancshares is traded on OTC Exchange in the United States.
Summit Bancshares Pink Sheet Technical Analysis
Summit Bancshares technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Summit Bancshares Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Summit Bancshares cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Summit Bancshares December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Summit Bancshares 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 Bancshares shares will generate the highest return on investment. By undertsting and applying Summit Bancshares pink sheet market strength indicators, traders can identify Summit Bancshares entry and exit signals to maximize returns
Summit Bancshares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Summit Bancshares' price direction in advance. Along with the technical and fundamental analysis of Summit Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0363 | |||
| Jensen Alpha | 0.0534 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.44) |
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Other Information on Investing in Summit Pink Sheet
Summit Bancshares 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 Bancshares security.