Southstate Stock Market Value
| SSB Stock | USD 106.83 2.01 1.92% |
| Symbol | SouthState |
SouthState Price To Book Ratio
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 SouthState. If investors know SouthState 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 SouthState 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 0.148 | Dividend Share 2.1 | Earnings Share 6.48 | Revenue Per Share 21.874 | Quarterly Revenue Growth 0.096 |
The market value of SouthState is measured differently than its book value, which is the value of SouthState that is recorded on the company's balance sheet. Investors also form their own opinion of SouthState's value that differs from its market value or its book value, called intrinsic value, which is SouthState's 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 SouthState's market value can be influenced by many factors that don't directly affect SouthState's 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 SouthState's value and its price as these two are different measures arrived at by different means. Investors typically determine if SouthState is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SouthState's 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.
SouthState '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 SouthState's stock 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 SouthState.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in SouthState on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding SouthState or generate 0.0% return on investment in SouthState over 720 days. SouthState is related to or competes with Pinnacle Financial, Southern First, SmartFinancial,, WSFS Financial, ServisFirst Bancshares, First Bancorp, and International Bancshares. SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a ra... More
SouthState 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 SouthState's stock 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 SouthState upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.79 | |||
| Information Ratio | 0.0625 | |||
| Maximum Drawdown | 17.34 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.93 |
SouthState Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SouthState's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SouthState's standard deviation. In reality, there are many statistical measures that can use SouthState historical prices to predict the future SouthState's volatility.| Risk Adjusted Performance | 0.0833 | |||
| Jensen Alpha | 0.0251 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0856 | |||
| Treynor Ratio | 0.0955 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SouthState's 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.
SouthState Backtested Returns
At this point, SouthState is very steady. SouthState owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0675, which indicates the firm had a 0.0675% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SouthState, which you can use to evaluate the volatility of the company. Please validate SouthState's Coefficient Of Variation of 986.49, semi deviation of 1.6, and Risk Adjusted Performance of 0.0833 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. SouthState has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 2.5, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SouthState will likely underperform. SouthState right now has a risk of 2.41%. Please validate SouthState skewness, and the relationship between the potential upside and rate of daily change , to decide if SouthState will be following its existing price patterns.
Auto-correlation | 0.03 |
Virtually no predictability
SouthState has virtually no predictability. Overlapping area represents the amount of predictability between SouthState time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 SouthState price movement. The serial correlation of 0.03 indicates that only 3.0% of current SouthState price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 87.27 |
SouthState lagged returns against current returns
Autocorrelation, which is SouthState stock'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 SouthState's stock expected returns. We can calculate the autocorrelation of SouthState returns to help us make a trade decision. For example, suppose you find that SouthState has exhibited high autocorrelation historically, and you observe that the stock 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 |
SouthState 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 SouthState stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SouthState stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SouthState stock over time.
Current vs Lagged Prices |
| Timeline |
SouthState Lagged Returns
When evaluating SouthState's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SouthState stock have on its future price. SouthState 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, SouthState autocorrelation shows the relationship between SouthState stock current value and its past values and can show if there is a momentum factor associated with investing in SouthState.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SouthState offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SouthState's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southstate Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southstate Stock:Check out SouthState Correlation, SouthState Volatility and SouthState Alpha and Beta module to complement your research on SouthState. For information on how to trade SouthState Stock refer to our How to Trade SouthState Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
SouthState 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.