Summit Bank Group Stock EBITDA
| SBKO Stock | USD 14.10 0.45 3.09% |
Summit Bank Group fundamentals help investors to digest information that contributes to Summit Bank's financial success or failures. It also enables traders to predict the movement of Summit Pink Sheet. The fundamental analysis module provides a way to measure Summit Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Summit Bank pink sheet.
Summit |
Summit Bank Group Company EBITDA Analysis
Summit Bank's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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According to the company disclosure, Summit Bank Group reported earnings before interest,tax, depreciation and amortization of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as Banks—Regional (which currently averages 0.0) industry. The ebitda for all United States stocks is 100.0% higher than that of the company.
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Summit Fundamentals
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0145 | |||
| Profit Margin | 0.34 % | |||
| Operating Margin | 0.46 % | |||
| Current Valuation | (31.76 M) | |||
| Shares Owned By Institutions | 0.29 % | |||
| Price To Earning | 10.90 X | |||
| Price To Sales | 0.19 X | |||
| Revenue | 39.31 M | |||
| Gross Profit | 39.31 M | |||
| Net Income | 10.87 M | |||
| Cash And Equivalents | 180.12 M | |||
| Cash Per Share | 23.76 X | |||
| Total Debt | 19.62 M | |||
| Book Value Per Share | 11.01 X | |||
| Cash Flow From Operations | 11.3 M | |||
| Earnings Per Share | 0.62 X | |||
| Number Of Employees | 10 | |||
| Beta | 0.43 | |||
| Market Capitalization | 7.38 M |
About Summit Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Summit Bank Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Bank Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.Moving against Summit Pink Sheet
| 0.8 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.8 | PKX | POSCO Holdings | PairCorr |
| 0.73 | HYMTF | Hyundai Motor | PairCorr |
| 0.72 | SWZNF | Schweizerische Nationalbank | PairCorr |
| 0.71 | BBAS3 | Banco do Brasil | PairCorr |
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.