Southern Bancshares Pfd Stock Market Value
| SBNCM Stock | USD 12.72 0.01 0.08% |
| Symbol | Southern |
Southern BancShares 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Southern BancShares' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Southern BancShares.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Southern BancShares on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Southern BancShares PFD or generate 0.0% return on investment in Southern BancShares over 180 days. Southern BancShares is related to or competes with Itron, Omega Healthcare, Blacksky Technology, Red Cat, 00108WAF7, Charles Schwab, and Autonomix Medical,. More
Southern BancShares Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Southern BancShares' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Southern BancShares PFD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 7.78 |
Southern BancShares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern BancShares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern BancShares' standard deviation. In reality, there are many statistical measures that can use Southern BancShares historical prices to predict the future Southern BancShares' volatility.| Risk Adjusted Performance | 0.059 | |||
| Jensen Alpha | 0.0407 | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.8553 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Southern BancShares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Southern BancShares PFD Backtested Returns
As of now, Southern Pink Sheet is very steady. Southern BancShares PFD owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0796, which indicates the firm had a 0.0796% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Southern BancShares PFD, which you can use to evaluate the volatility of the company. Please validate Southern BancShares' Risk Adjusted Performance of 0.059, variance of 0.5416, and Coefficient Of Variation of 1286.36 to confirm if the risk estimate we provide is consistent with the expected return of 0.0599%. Southern BancShares has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.0552, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Southern BancShares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Southern BancShares is expected to be smaller as well. Southern BancShares PFD right now has a risk of 0.75%. Please validate Southern BancShares variance, as well as the relationship between the skewness and day median price , to decide if Southern BancShares will be following its existing price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
Southern BancShares PFD has poor reverse predictability. Overlapping area represents the amount of predictability between Southern BancShares time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Southern BancShares PFD price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Southern BancShares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Southern BancShares PFD lagged returns against current returns
Autocorrelation, which is Southern BancShares pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Southern BancShares' pink sheet expected returns. We can calculate the autocorrelation of Southern BancShares returns to help us make a trade decision. For example, suppose you find that Southern BancShares has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Southern BancShares regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Southern BancShares pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern BancShares pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern BancShares pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Southern BancShares Lagged Returns
When evaluating Southern BancShares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern BancShares pink sheet have on its future price. Southern BancShares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Southern BancShares autocorrelation shows the relationship between Southern BancShares pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Southern BancShares PFD.
Regressed Prices |
| Timeline |
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Southern BancShares financial ratios help investors to determine whether Southern 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 Southern with respect to the benefits of owning Southern BancShares security.