Southern Michigan Bancorp Stock Price on September 27, 2023
| SOMC Stock | USD 18.75 0.10 0.54% |
If you're considering investing in Southern Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Southern Michigan stands at 18.75, as last reported on the 30th of November, with the highest price reaching 18.75 and the lowest price hitting 18.75 during the day. At this point, Southern Michigan is very steady. Southern Michigan Bancorp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Southern Michigan Bancorp, which you can use to evaluate the volatility of the company. Please validate Southern Michigan's Risk Adjusted Performance of 0.1337, semi deviation of 0.7183, and Coefficient Of Variation of 581.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Southern Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Southern |
Sharpe Ratio = 0.1273
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Southern Michigan is performing at about 10% 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 Southern Michigan by adding it to a well-diversified portfolio.
Southern Michigan Valuation on September 27, 2023
It is possible to determine the worth of Southern Michigan on a given historical date. On September 27, 2023 Southern was worth 16.64 at the beginning of the trading date compared to the closed value of 16.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Southern Michigan pink sheet. Still, in general, we apply an absolute valuation method to find Southern Michigan'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 Michigan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Southern Michigan's related companies.
| Open | High | Low | Close | Volume | |
| 16.50 | 16.50 | 16.50 | 16.50 | 2,600 | |
09/27/2023 | 16.64 | 16.64 | 16.50 | 16.50 | 725.00 |
| 16.50 | 16.50 | 16.26 | 16.26 | 332.00 |
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Southern Michigan Trading Date Momentum on September 27, 2023
| On September 28 2023 Southern Michigan Bancorp was traded for 16.26 at the closing time. The top price for the day was 16.50 and the lowest listed price was 16.26 . The trading volume for the day was 332. The trading history from September 28, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.45% . The trading price change against the current closing price is 1.45% . |
Southern Michigan Bancorp Fundamentals Correlations and Trends
By evaluating Southern Michigan'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 Michigan'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 Michigan Pink Sheet history
Southern Michigan 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 Michigan Bancorp 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 Michigan stock prices may prove useful in developing a viable investing in Southern Michigan
Southern Michigan Bancorp, Inc. operates as the bank holding company for Southern Michigan Bank Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest Michigan communities. The company was founded in 1871 and is based in Coldwater, Michigan. Southern Michigan operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Southern Michigan Pink Sheet Technical Analysis
Southern Michigan 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
Southern Michigan Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Southern Michigan Bancorp 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.
Southern Michigan November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Southern Michigan 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 Southern Michigan shares will generate the highest return on investment. By undertsting and applying Southern Michigan pink sheet market strength indicators, traders can identify Southern Michigan Bancorp entry and exit signals to maximize returns
Southern Michigan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southern Michigan's price direction in advance. Along with the technical and fundamental analysis of Southern Pink Sheet 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 | 0.1337 | |||
| Jensen Alpha | 0.1525 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0217 | |||
| Treynor Ratio | 3.98 |
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| Volume Indicators |
Complementary Tools for Southern Pink Sheet analysis
When running Southern Michigan's price analysis, check to measure Southern Michigan'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 Michigan is operating at the current time. Most of Southern Michigan's value examination focuses on studying past and present price action to predict the probability of Southern Michigan'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 Michigan's price. Additionally, you may evaluate how the addition of Southern Michigan to your portfolios can decrease your overall portfolio volatility.
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