Ssb Bancorp Stock Market Value
| SSBP Stock | USD 12.49 0.41 3.39% |
| Symbol | SSB |
SSB Bancorp '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 SSB Bancorp's 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 SSB Bancorp.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in SSB Bancorp on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding SSB Bancorp or generate 0.0% return on investment in SSB Bancorp over 720 days. SSB Bancorp is related to or competes with Quaint Oak, Enterprise Financial, Apollo Bancorp, Commercial National, First Robinson, WVS Financial, and Lakeside Bancshares. SSB Bancorp, Inc. operates as the holding company for SSB Bank that provides various financial services to individuals a... More
SSB Bancorp 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 SSB Bancorp's 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 SSB Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1969 | |||
| Maximum Drawdown | 4.52 | |||
| Potential Upside | 2.38 |
SSB Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSB Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SSB Bancorp's standard deviation. In reality, there are many statistical measures that can use SSB Bancorp historical prices to predict the future SSB Bancorp's volatility.| Risk Adjusted Performance | 0.2013 | |||
| Jensen Alpha | 0.2764 | |||
| Total Risk Alpha | 0.1642 | |||
| Treynor Ratio | (3.52) |
SSB Bancorp Backtested Returns
SSB Bancorp appears to be very steady, given 3 months investment horizon. SSB Bancorp retains Efficiency (Sharpe Ratio) of 0.28, which indicates the firm had a 0.28 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for SSB Bancorp, which you can use to evaluate the volatility of the company. Please review SSB Bancorp's risk adjusted performance of 0.2013, and Standard Deviation of 0.9925 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SSB Bancorp holds a performance score of 22. The entity owns a Beta (Systematic Risk) of -0.0768, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SSB Bancorp are expected to decrease at a much lower rate. During the bear market, SSB Bancorp is likely to outperform the market. Please check SSB Bancorp's jensen alpha, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether SSB Bancorp's current price history will revert.
Auto-correlation | 0.24 |
Weak predictability
SSB Bancorp has weak predictability. Overlapping area represents the amount of predictability between SSB Bancorp time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SSB Bancorp price movement. The serial correlation of 0.24 indicates that over 24.0% of current SSB Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
SSB Bancorp lagged returns against current returns
Autocorrelation, which is SSB Bancorp 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 SSB Bancorp's pink sheet expected returns. We can calculate the autocorrelation of SSB Bancorp returns to help us make a trade decision. For example, suppose you find that SSB Bancorp 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 |
SSB Bancorp 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 SSB Bancorp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SSB Bancorp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SSB Bancorp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SSB Bancorp Lagged Returns
When evaluating SSB Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SSB Bancorp pink sheet have on its future price. SSB Bancorp 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, SSB Bancorp autocorrelation shows the relationship between SSB Bancorp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SSB Bancorp.
Regressed Prices |
| Timeline |
Pair Trading with SSB Bancorp
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 SSB Bancorp 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 SSB Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with SSB Pink Sheet
Moving against SSB Pink Sheet
The ability to find closely correlated positions to SSB Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SSB Bancorp 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 SSB Bancorp - 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 SSB Bancorp to buy it.
The correlation of SSB Bancorp 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 SSB Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SSB Bancorp 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 SSB Bancorp 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.Additional Tools for SSB Pink Sheet Analysis
When running SSB Bancorp's price analysis, check to measure SSB Bancorp'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 SSB Bancorp is operating at the current time. Most of SSB Bancorp's value examination focuses on studying past and present price action to predict the probability of SSB Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSB Bancorp's price. Additionally, you may evaluate how the addition of SSB Bancorp to your portfolios can decrease your overall portfolio volatility.