Southern Company Stock Price on September 9, 2024
If you're considering investing in Southern Stock, it is important to understand the factors that can impact its price. As of now, Southern Stock is very steady. Southern owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0224, which indicates the firm had a 0.0224% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Southern Company, which you can use to evaluate the volatility of the company. Please validate Southern's Risk Adjusted Performance of 0.0192, coefficient of variation of 4469.81, and Semi Deviation of 0.9717 to confirm if the risk estimate we provide is consistent with the expected return of 0.0216%.
Southern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Southern |
Sharpe Ratio = 0.0224
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Estimated Market Risk
0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Southern is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Southern by adding it to a well-diversified portfolio.
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.
About Southern Stock history
Southern investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Southern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Southern will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Southern stock prices may prove useful in developing a viable investing in Southern
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia. Southern operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 27027 people.
Southern Stock Technical Analysis
Southern 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.
Price Boundaries
Southern Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Southern November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Southern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southern shares will generate the highest return on investment. By undertsting and applying Southern stock market strength indicators, traders can identify Southern Company entry and exit signals to maximize returns
Southern Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southern's price direction in advance. Along with the technical and fundamental analysis of Southern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Southern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0192 | |||
Jensen Alpha | 0.0098 | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.12) | |||
Treynor Ratio | 0.8229 |
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Other Tools for Southern Stock
When running Southern's price analysis, check to measure Southern'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 Southern is operating at the current time. Most of Southern's value examination focuses on studying past and present price action to predict the probability of Southern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern's price. Additionally, you may evaluate how the addition of Southern to your portfolios can decrease your overall portfolio volatility.
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