Southern First Bancshares Stock Market Value
| SFST Stock | USD 44.50 0.40 0.91% |
| Symbol | Southern |
Southern First Bancshares 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 Southern First. If investors know Southern 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 Southern First 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 0.061 | Earnings Share 1.73 | Revenue Per Share 11.147 | Quarterly Revenue Growth 0.052 | Return On Assets 0.0034 |
The market value of Southern First Bancshares is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern First's value that differs from its market value or its book value, called intrinsic value, which is Southern First'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 Southern First's market value can be influenced by many factors that don't directly affect Southern First'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 Southern First's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern First is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern First'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.
Southern First '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 First'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 Southern First.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Southern First on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Southern First Bancshares or generate 0.0% return on investment in Southern First over 720 days. Southern First is related to or competes with First Community, Old Point, Oak Valley, Chemung Financial, Home Bancorp, Lake Shore, and First Bancorp. Southern First Bancshares, Inc. operates as the bank holding company for Southern First Bank that provides various banki... More
Southern First 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 First'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 Southern First Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.1575 | |||
| Maximum Drawdown | 16.36 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 3.63 |
Southern First Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern First's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern First's standard deviation. In reality, there are many statistical measures that can use Southern First historical prices to predict the future Southern First's volatility.| Risk Adjusted Performance | 0.1672 | |||
| Jensen Alpha | 0.2741 | |||
| Total Risk Alpha | 0.1205 | |||
| Sortino Ratio | 0.2281 | |||
| Treynor Ratio | 0.2577 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Southern First'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.
Southern First Bancshares Backtested Returns
Southern First appears to be very steady, given 3 months investment horizon. Southern First Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. By inspecting Southern First's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please review Southern First's Risk Adjusted Performance of 0.1672, coefficient of variation of 476.95, and Semi Deviation of 1.11 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Southern First holds a performance score of 16. The entity has a beta of 2.0, 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, Southern First will likely underperform. Please check Southern First's sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to make a quick decision on whether Southern First's existing price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
Southern First Bancshares has average predictability. Overlapping area represents the amount of predictability between Southern First time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 First Bancshares price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Southern First price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 19.67 |
Southern First Bancshares lagged returns against current returns
Autocorrelation, which is Southern First 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 Southern First's stock expected returns. We can calculate the autocorrelation of Southern First returns to help us make a trade decision. For example, suppose you find that Southern First 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 |
Southern First 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 First stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern First stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern First stock over time.
Current vs Lagged Prices |
| Timeline |
Southern First Lagged Returns
When evaluating Southern First's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern First stock have on its future price. Southern First 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 First autocorrelation shows the relationship between Southern First stock current value and its past values and can show if there is a momentum factor associated with investing in Southern First Bancshares.
Regressed Prices |
| Timeline |
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Additional Tools for Southern Stock Analysis
When running Southern First's price analysis, check to measure Southern First'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 First is operating at the current time. Most of Southern First's value examination focuses on studying past and present price action to predict the probability of Southern First'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 First's price. Additionally, you may evaluate how the addition of Southern First to your portfolios can decrease your overall portfolio volatility.