Southern States Bancshares Stock Price on August 30, 2024
SSBK Stock | USD 37.22 0.20 0.53% |
If you're considering investing in Southern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Southern States stands at 37.22, as last reported on the 30th of November, with the highest price reaching 37.74 and the lowest price hitting 37.00 during the day. Southern States appears to be very steady, given 3 months investment horizon. Southern States Banc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Southern States Bancshares, which you can use to evaluate the volatility of the company. Please review Southern States' Risk Adjusted Performance of 0.0924, coefficient of variation of 897.43, and Semi Deviation of 1.8 to confirm if our risk estimates are consistent with your expectations.
At this time, Southern States' Common Stock Shares Outstanding is quite stable compared to the past year. Capital Stock is expected to rise to about 46.2 M this year, although the value of Total Stockholder Equity will most likely fall to about 171.7 M. . At this time, Southern States' Price To Book Ratio is quite stable compared to the past year. Price Cash Flow Ratio is expected to rise to 11.04 this year, although the value of Price To Free Cash Flows Ratio will most likely fall to 6.27. Southern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Southern |
Sharpe Ratio = 0.1176
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Estimated Market Risk
2.81 actual daily | 25 75% of assets are more volatile |
Expected Return
0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Southern States is performing at about 9% 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 States by adding it to a well-diversified portfolio.
Price Book 1.3631 | Price Sales 4.246 | Shares Float 6 M | Dividend Share 0.36 | Wall Street Target Price 37.5 |
Southern States Main Headline on 30th of August 2024
Disposition of 2000 shares by Hitson Brent O. of Southern St... by news.google.com
Filed transaction by Southern States Bancshares Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Southern States Valuation on August 30, 2024
It is possible to determine the worth of Southern States on a given historical date. On August 30, 2024 Southern was worth 31.09 at the beginning of the trading date compared to the closed value of 31.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Southern States stock. Still, in general, we apply an absolute valuation method to find Southern States' 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 States where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Southern States' related companies.
Open | High | Low | Close | Volume | |
31.48 | 31.83 | 31.47 | 31.83 | 8,600 | |
08/30/2024 | 31.09 | 31.37 | 30.92 | 31.13 | 5,900 |
30.31 | 30.94 | 30.16 | 30.94 | 8,500 |
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Southern States Trading Date Momentum on August 30, 2024
On September 03 2024 Southern States Bancshares was traded for 30.94 at the closing time. The top price for the day was 30.94 and the lowest listed price was 30.16 . The trading volume for the day was 8.5 K. The trading history from September 3, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.61% . The trading price change against the current closing price is 2.96% . |
Southern States Banc Fundamentals Correlations and Trends
By evaluating Southern States' 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 States' 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 States Stock history
Southern States 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 States Banc 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 States stock prices may prove useful in developing a viable investing in Southern States
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 9 M | 9.2 M | |
Net Income Applicable To Common Shares | 31.1 M | 15.6 M |
Southern States Stock Technical Analysis
Southern States technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Southern States Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Southern States Bancshares cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 States November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Southern States 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 States shares will generate the highest return on investment. By undertsting and applying Southern States stock market strength indicators, traders can identify Southern States Bancshares entry and exit signals to maximize returns
Southern States Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southern States' price direction in advance. Along with the technical and fundamental analysis of Southern 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 | 0.0924 | |||
Jensen Alpha | 0.0331 | |||
Total Risk Alpha | (0.16) | |||
Sortino Ratio | 0.0856 | |||
Treynor Ratio | 0.1435 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern States Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern States. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.037 | Dividend Share 0.36 | Earnings Share 3.51 | Revenue Per Share 9.586 | Quarterly Revenue Growth 0.372 |
The market value of Southern States Banc is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern States' value that differs from its market value or its book value, called intrinsic value, which is Southern States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern States' market value can be influenced by many factors that don't directly affect Southern States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.