Summit State Bank Stock Price on February 15, 2018
| SSBI Stock | USD 10.19 0.43 4.41% |
Below is the normalized historical share price chart for Summit State Bank extending back to July 14, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Summit State stands at 10.19, as last reported on the 25th of April, with the highest price reaching 10.19 and the lowest price hitting 9.60 during the day.
If you're considering investing in Summit Stock, it is important to understand the factors that can impact its price. Summit State Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0594, which indicates the firm had a -0.0594% return per unit of risk over the last 3 months. Summit State Bank exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Summit State's Risk Adjusted Performance of (0.04), variance of 9.04, and Coefficient Of Variation of (1,374) to confirm the risk estimate we provide.
As of now, Summit State's Common Stock Shares Outstanding is increasing as compared to previous years. The Summit State's current Common Stock is estimated to increase to about 40.4 M, while Total Stockholder Equity is projected to decrease to under 63.2 M. . As of now, Summit State's Price Book Value Ratio is increasing as compared to previous years. The Summit State's current Price To Book Ratio is estimated to increase to 1.23, while Price To Sales Ratio is projected to decrease to 1.20. Summit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of July 2006 | 200 Day MA 13.3361 | 50 Day MA 10.5856 | Beta 0.582 |
Summit |
Sharpe Ratio = -0.0594
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Estimated Market Risk
| 3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Summit State is not performing at its full potential. However, 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 Summit State by adding Summit State to a well-diversified portfolio.
Price Book 0.6806 | Price Sales 1.482 | Shares Float 4.8 M | Dividend Share 0.48 | Wall Street Target Price 7.2 |
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 Summit State Stock history
Summit State 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 Summit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summit State Bank 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 Summit State stock prices may prove useful in developing a viable investing in Summit State
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.7 M | 6.8 M | |
| Net Income Applicable To Common Shares | 19.5 M | 20.5 M |
Summit State Stock Technical Analysis
Summit State 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
Summit State Period Price Range
Summit State April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Summit State stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Summit State shares will generate the highest return on investment. By undertsting and applying Summit State stock market strength indicators, traders can identify Summit State Bank entry and exit signals to maximize returns
Summit State Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Summit State's price direction in advance. Along with the technical and fundamental analysis of Summit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summit 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 | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | 0.2076 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit State Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Summit State Bank information on this page should be used as a complementary analysis to other Summit State's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running Summit State's price analysis, check to measure Summit State'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 Summit State is operating at the current time. Most of Summit State's value examination focuses on studying past and present price action to predict the probability of Summit State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit State's price. Additionally, you may evaluate how the addition of Summit State to your portfolios can decrease your overall portfolio volatility.
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Is Summit State's industry 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 Summit State. If investors know Summit 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 Summit State 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 (0.54) | Dividend Share 0.48 | Earnings Share 1.62 | Revenue Per Share 6.703 | Quarterly Revenue Growth (0.16) |
The market value of Summit State Bank is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit State's value that differs from its market value or its book value, called intrinsic value, which is Summit State'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 Summit State's market value can be influenced by many factors that don't directly affect Summit State'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 Summit State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit State'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.