Southern Bancshares Nc Stock Market Value
| SBNC Stock | USD 8,150 50.00 0.62% |
| 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.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in Southern BancShares on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Southern BancShares NC or generate 0.0% return on investment in Southern BancShares over 30 days. Southern BancShares is related to or competes with HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, Via Renewables, Bondbloxx ETF, and Knife River. Southern BancShares , Inc., through its subsidiary Southern Bank and Trust Company, provides banking services to consume... 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 NC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.32 | |||
| Information Ratio | 0.2062 | |||
| Maximum Drawdown | 12.52 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 4.53 |
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 | 0.1829 | |||
| Jensen Alpha | 0.4236 | |||
| Total Risk Alpha | 0.3818 | |||
| Sortino Ratio | 0.1804 | |||
| Treynor Ratio | 0.5737 |
Southern BancShares Backtested Returns
Southern BancShares appears to be very steady, given 3 months investment horizon. Southern BancShares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Southern BancShares NC, which you can use to evaluate the volatility of the company. Please review Southern BancShares' Semi Deviation of 0.9325, coefficient of variation of 449.13, and Risk Adjusted Performance of 0.1829 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Southern BancShares holds a performance score of 17. The entity has a beta of 0.77, which indicates possible diversification benefits within a given portfolio. 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. Please check Southern BancShares' value at risk, kurtosis, period momentum indicator, as well as the relationship between the semi variance and day median price , to make a quick decision on whether Southern BancShares' existing price patterns will revert.
Auto-correlation | 0.78 |
Good predictability
Southern BancShares NC has good predictability. Overlapping area represents the amount of predictability between Southern BancShares time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th of December 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 price movement. The serial correlation of 0.78 indicates that around 78.0% of current Southern BancShares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 40.8 K |
Southern BancShares 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 NC.
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.Other Information on Investing in Southern Pink Sheet
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.