Summit State Bank Stock Performance
| SSBI Stock | USD 10.19 0.43 4.41% |
The entity has a beta of -1.1, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Summit State are expected to decrease slowly. On the other hand, during market turmoil, Summit State is expected to outperform it slightly. Summit State Bank has an expected return of -0.18%. Please make sure to validate Summit State potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Summit State Bank performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Summit State Bank has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's fundamental drivers remain strong and the recent confusion on Wall Street may also be a sign of long-lasting gains for the firm traders. ...more
Actual Historical Performance (%)
One Day Return 2.14 | Five Day Return (0.50) | Year To Date Return (15.88) | Ten Year Return 25.75 | All Time Return (8.25) |
Forward Dividend Yield 0.0492 | Payout Ratio 0.298 | Last Split Factor 11:10 | Forward Dividend Rate 0.48 | Dividend Date 2024-02-15 |
1 | Summit State Bank declares 0.12 dividend | 01/30/2024 |
2 | Summit State Bank Will Pay A Dividend Of 0.12 | 02/02/2024 |
| Summit State dividend paid on 15th of February 2024 | 02/15/2024 |
4 | Reviewing Summit State Bank and Banco Ita Chile | 03/06/2024 |
5 | Proactive Strategies - Stock Traders Daily | 03/27/2024 |
6 | Summit State Bank Among Top Performing Banks, Earning the Raymond James Bankers Cup - The Globe and Mail | 04/11/2024 |
| Begin Period Cash Flow | 77.6 M |
Summit |
Summit State Relative Risk vs. Return Landscape
If you would invest 1,176 in Summit State Bank on January 26, 2024 and sell it today you would lose (157.00) from holding Summit State Bank or give up 13.35% of portfolio value over 90 days. Summit State Bank is currently does not generate positive expected returns and assumes 3.086% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than Summit, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Summit State Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Summit State's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Summit State Bank, and traders can use it to determine the average amount a Summit State's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0594
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| Negative Returns | SSBI |
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.
Summit State Fundamentals Growth
Summit Stock prices reflect investors' perceptions of the future prospects and financial health of Summit State, and Summit State fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Summit Stock performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0123 | |||
| Profit Margin | 0.30 % | |||
| Operating Margin | 0.27 % | |||
| Current Valuation | (13.38 M) | |||
| Shares Outstanding | 6.78 M | |||
| Price To Earning | 8.66 X | |||
| Price To Book | 0.68 X | |||
| Price To Sales | 1.48 X | |||
| Revenue | 65.44 M | |||
| Gross Profit | 47.38 M | |||
| EBITDA | 385 K | |||
| Net Income | 10.82 M | |||
| Cash And Equivalents | 42.82 M | |||
| Cash Per Share | 6.35 X | |||
| Total Debt | 6.91 M | |||
| Book Value Per Share | 13.77 X | |||
| Cash Flow From Operations | (2.38 M) | |||
| Earnings Per Share | 1.62 X | |||
| Market Capitalization | 66.21 M | |||
| Total Asset | 1.13 B | |||
| Retained Earnings | 68.96 M | |||
About Summit State Performance
To evaluate Summit State Bank Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Summit State generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Summit Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Summit State Bank market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Summit's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00 | 0.00 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.29 | 0.30 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.11 | 0.07 |
Things to note about Summit State Bank performance evaluation
Checking the ongoing alerts about Summit State for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Summit State Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Summit State Bank generated a negative expected return over the last 90 days | |
| Summit State Bank has high historical volatility and very poor performance | |
| Summit State Bank currently holds about 42.82 M in cash with (2.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.35. | |
| Summit State Bank has a frail financial position based on the latest SEC disclosures | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Summit State Bank Among Top Performing Banks, Earning the Raymond James Bankers Cup - The Globe and Mail |
- Analyzing Summit State's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Summit State's stock is overvalued or undervalued compared to its peers.
- Examining Summit State's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Summit State's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Summit State's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Summit State's stock. These opinions can provide insight into Summit State's potential for growth and whether the stock is currently undervalued or overvalued.
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Summit Stock analysis
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.