Southern Co Preferred Stock Price on September 3, 2024
SOJC Preferred Stock | USD 23.18 0.10 0.43% |
If you're considering investing in Southern Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Southern stands at 23.18, as last reported on the 1st of December, with the highest price reaching 23.42 and the lowest price hitting 23.16 during the day. Southern owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0692, which indicates the firm had a -0.0692% return per unit of risk over the last 3 months. Southern Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Southern's Coefficient Of Variation of (1,344), variance of 0.3494, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Southern Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Southern |
Sharpe Ratio = -0.0692
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Estimated Market Risk
0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Southern is not performing at its full potential. However, 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 Southern by adding Southern to a well-diversified portfolio.
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Southern Valuation on September 3, 2024
It is possible to determine the worth of Southern on a given historical date. On September 3, 2024 Southern was worth 23.84 at the beginning of the trading date compared to the closed value of 23.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Southern preferred stock. Still, in general, we apply an absolute valuation method to find Southern's 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 Southern where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Southern's related companies.
Open | High | Low | Close | Volume | |
24.02 | 24.08 | 23.77 | 23.82 | 22,260 | |
09/03/2024 | 23.84 | 23.93 | 23.74 | 23.83 | 34,447 |
23.90 | 24.10 | 23.81 | 24.07 | 17,843 |
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Southern Trading Date Momentum on September 3, 2024
On September 04 2024 Southern Co was traded for 24.07 at the closing time. The top price for the day was 24.10 and the lowest listed price was 23.81 . The trading volume for the day was 17.8 K. The trading history from September 4, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.01% . The trading price change against the current closing price is 2.69% . |
Southern Fundamentals Correlations and Trends
By evaluating Southern's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Southern's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Southern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Southern Preferred Stock history
Southern 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 Southern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Southern 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 Southern stock prices may prove useful in developing a viable investing in Southern
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The Southern Company was founded in 1945 and is headquartered in Atlanta, Georgia. Southern is traded on New York Stock Exchange in USA.
Southern Preferred Stock Technical Analysis
Southern technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Southern Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Southern Co cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Southern December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Southern preferred 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 undertsting and applying Southern preferred stock market strength indicators, traders can identify Southern Co entry and exit signals to maximize returns
Southern Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southern's price direction in advance. Along with the technical and fundamental analysis of Southern Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Southern 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 | (0.06) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | (0.46) |
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Volume Indicators |
Complementary Tools for Southern Preferred 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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