South State Corp Stock Price on May 17, 2024
| SSB Stock | USD 73.84 0.69 0.93% |
Below is the normalized historical share price chart for South State Corp extending back to March 10, 2004. 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 South State stands at 73.84, as last reported on the 8th of June, with the highest price reaching 74.37 and the lowest price hitting 73.43 during the day.
If you're considering investing in South Stock, it is important to understand the factors that can impact its price. South State Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. South State Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate South State's Risk Adjusted Performance of (0.07), coefficient of variation of (866.46), and Variance of 2.48 to confirm the risk estimate we provide.
At present, South State's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 228.5 M, whereas Capital Stock is forecasted to decline to about 165.7 M. . At present, South State's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 14.44, whereas Price Earnings To Growth Ratio is projected to grow to (4.34). South Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of January 1997 | 200 Day MA 77.0594 | 50 Day MA 78.9842 | Beta 0.709 |
South |
Sharpe Ratio = -0.1126
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SSB |
Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average South 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 South State by adding South State to a well-diversified portfolio.
Price Book 1.0827 | Price Sales 3.6854 | Shares Float 75.3 M | Dividend Share 2.06 | Wall Street Target Price 92.78 |
South State Main Headline on 17th of May 2024
South State Corp dividend paid on 17th of May 2024 |
South State Valuation on May 17, 2024
It is possible to determine the worth of South State on a given historical date. On May 17, 2024 South was worth 80.8 at the beginning of the trading date compared to the closed value of 80.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of South State stock. Still, in general, we apply an absolute valuation method to find South State's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of South State where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against South State's related companies.
| Open | High | Low | Close | Volume | |
| 81.37 | 81.83 | 80.26 | 80.41 | 222,250 | |
05/17/2024 | 80.80 | 81.21 | 80.40 | 80.85 | 347,071 |
| 80.56 | 81.05 | 79.13 | 79.87 | 1,362,361 |
| Backtest South State | | | South State History | | | South State Valuation | Previous | Next |
South State Trading Date Momentum on May 17, 2024
| On May 20 2024 South State Corp was traded for 79.87 at the closing time. Highest South State's price during the trading hours was 81.05 and the lowest price during the day was 79.13 . The net volume was 1.4 M. The overall trading history on the 20th of May contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.21% . The trading price change to current price is 2.71% . |
South State Corp Fundamentals Correlations and Trends
By evaluating South State's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among South State's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. South financial account trend analysis is a perfect complement when working with valuation or volatility modules.About South State Stock history
South 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 South is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in South State Corp 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 South State stock prices may prove useful in developing a viable investing in South State
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 76.5 M | 80.3 M | |
| Net Income Applicable To Common Shares | 570.5 M | 599 M |
South State Stock Technical Analysis
South 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
South State Period Price Range
Low | May 17, 2024
| High |
80.80 | 80.85 |
South State June 8, 2024 Market Strength
Market strength indicators help investors to evaluate how South 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 South State shares will generate the highest return on investment. By undertsting and applying South State stock market strength indicators, traders can identify South State Corp entry and exit signals to maximize returns
| Accumulation Distribution | 3461.74 | |||
| Daily Balance Of Power | 0.0617 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 80.81 | |||
| Day Typical Price | 80.82 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | (7.01) |
South State Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for South State's price direction in advance. Along with the technical and fundamental analysis of South Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of South 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 | (0.07) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.11) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for South Stock analysis
When running South State's price analysis, check to measure South 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 South State is operating at the current time. Most of South State's value examination focuses on studying past and present price action to predict the probability of South 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 South State's price. Additionally, you may evaluate how the addition of South State to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |