Southern Michigan Bancorp Stock Technical Analysis
| SOMC Stock | USD 16.75 0.25 1.47% |
As of the 17th of April 2024, Southern Michigan has the Semi Deviation of 1.62, risk adjusted performance of 0.0406, and Coefficient Of Variation of 1854.55. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Southern Michigan Bancorp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Southern Michigan Bancorp, which can be compared to its competition. Please validate Southern Michigan Bancorp jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Southern Michigan is priced more or less accurately, providing market reflects its prevalent price of 16.75 per share. Given that Southern Michigan Bancorp has jensen alpha of 0.0931, we advise you to double-check Southern Michigan Bancorp's current market performance to make sure the company can sustain itself at a future point.
Southern Michigan Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Southern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SouthernSouthern |
Southern Michigan technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Southern Michigan Bancorp Technical Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Southern Michigan Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Southern Michigan Bancorp Trend Analysis
Use this graph to draw trend lines for Southern Michigan Bancorp. You can use it to identify possible trend reversals for Southern Michigan as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Southern Michigan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Southern Michigan Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Southern Michigan Bancorp applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Southern Michigan Bancorp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.25, which is the sum of squared deviations for the predicted Southern Michigan price change compared to its average price change.About Southern Michigan Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Southern Michigan Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Southern Michigan Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Southern Michigan Bancorp price pattern first instead of the macroeconomic environment surrounding Southern Michigan Bancorp. By analyzing Southern Michigan's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Southern Michigan's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Southern Michigan specific price patterns or momentum indicators. Please read more on our technical analysis page.
Southern Michigan April 17, 2024 Technical Indicators
Most technical analysis of Southern help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Southern from various momentum indicators to cycle indicators. When you analyze Southern charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0406 | |||
| Market Risk Adjusted Performance | (1.25) | |||
| Mean Deviation | 1.06 | |||
| Semi Deviation | 1.62 | |||
| Downside Deviation | 2.48 | |||
| Coefficient Of Variation | 1854.55 | |||
| Standard Deviation | 1.85 | |||
| Variance | 3.42 | |||
| Information Ratio | 0.0225 | |||
| Jensen Alpha | 0.0931 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0167 | |||
| Treynor Ratio | (1.26) | |||
| Maximum Drawdown | 12.52 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 2.91 | |||
| Downside Variance | 6.17 | |||
| Semi Variance | 2.61 | |||
| Expected Short fall | (1.50) | |||
| Skewness | (0.37) | |||
| Kurtosis | 5.83 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Michigan Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Southern Pink Sheet analysis
When running Southern Michigan's price analysis, check to measure Southern Michigan'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 Michigan is operating at the current time. Most of Southern Michigan's value examination focuses on studying past and present price action to predict the probability of Southern Michigan'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 Michigan's price. Additionally, you may evaluate how the addition of Southern Michigan to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |