Southern Michigan Bancorp Stock Market Value
| SOMC Stock | USD 19.25 0.25 1.28% |
| Symbol | Southern |
Southern Michigan '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 Michigan'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 Southern Michigan.
| 01/04/2023 |
| 12/24/2024 |
If you would invest 0.00 in Southern Michigan on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Southern Michigan Bancorp or generate 0.0% return on investment in Southern Michigan over 720 days. Southern Michigan is related to or competes with Citizens Financial, Farmers Bancorp, Alpine Banks, Taylor Calvin, and First Financial. Southern Michigan Bancorp, Inc. operates as the bank holding company for Southern Michigan Bank Trust that provides a ra... More
Southern Michigan 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 Michigan'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 Southern Michigan Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.1665 | |||
| Maximum Drawdown | 5.07 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.32 |
Southern Michigan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern Michigan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern Michigan's standard deviation. In reality, there are many statistical measures that can use Southern Michigan historical prices to predict the future Southern Michigan's volatility.| Risk Adjusted Performance | 0.1643 | |||
| Jensen Alpha | 0.1597 | |||
| Total Risk Alpha | 0.1357 | |||
| Sortino Ratio | 0.13 | |||
| Treynor Ratio | (145.13) |
Southern Michigan Bancorp Backtested Returns
At this point, Southern Michigan is very steady. Southern Michigan Bancorp 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-seven technical indicators for Southern Michigan Bancorp, which you can use to evaluate the volatility of the company. Please validate Southern Michigan's Risk Adjusted Performance of 0.1643, semi deviation of 0.4093, and Coefficient Of Variation of 483.25 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Southern Michigan has a performance score of 17 on a scale of 0 to 100. The entity has a beta of -0.0011, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Southern Michigan are expected to decrease at a much lower rate. During the bear market, Southern Michigan is likely to outperform the market. Southern Michigan Bancorp right now has a risk of 0.82%. Please validate Southern Michigan potential upside, as well as the relationship between the skewness and day median price , to decide if Southern Michigan will be following its existing price patterns.
Auto-correlation | -0.53 |
Good reverse predictability
Southern Michigan Bancorp has good reverse predictability. Overlapping area represents the amount of predictability between Southern Michigan time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th 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 Michigan Bancorp price movement. The serial correlation of -0.53 indicates that about 53.0% of current Southern Michigan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Southern Michigan Bancorp lagged returns against current returns
Autocorrelation, which is Southern Michigan 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 Michigan's pink sheet expected returns. We can calculate the autocorrelation of Southern Michigan returns to help us make a trade decision. For example, suppose you find that Southern Michigan 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 Michigan 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 Michigan pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern Michigan 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 Michigan pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Southern Michigan Lagged Returns
When evaluating Southern Michigan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern Michigan pink sheet have on its future price. Southern Michigan 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 Michigan autocorrelation shows the relationship between Southern Michigan pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Southern Michigan Bancorp.
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 Michigan 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 Michigan security.