Southern Company Stock Market Value
| SO Stock | USD 73.25 0.27 0.37% |
| Symbol | Southern |
Southern Price To Book Ratio
Is Southern'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 Southern. If investors know Southern 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 Southern 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 (0.04) | Dividend Share 2.78 | Earnings Share 3.62 | Revenue Per Share 23.125 | Quarterly Revenue Growth (0.14) |
The market value of Southern is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern's value that differs from its market value or its book value, called intrinsic value, which is Southern'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 Southern's market value can be influenced by many factors that don't directly affect Southern'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 Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern'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.
Southern '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's stock 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.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Southern on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Southern Company or generate 0.0% return on investment in Southern over 30 days. Southern is related to or competes with Centrais Elétricas, Central Puerto, CMS Energy, Centrais Electricas, and Entergy Texas. The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity More
Southern 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's stock 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 Company upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.0208 | |||
| Maximum Drawdown | 4.21 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 2.08 |
Southern Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern's standard deviation. In reality, there are many statistical measures that can use Southern historical prices to predict the future Southern's volatility.| Risk Adjusted Performance | 0.0679 | |||
| Jensen Alpha | 0.0462 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0224 | |||
| Treynor Ratio | 0.1451 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Southern's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Southern Backtested Returns
We consider Southern very steady. Southern owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Southern Company, which you can use to evaluate the volatility of the company. Please validate Southern's Semi Deviation of 0.884, coefficient of variation of 967.93, and Risk Adjusted Performance of 0.0679 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Southern has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Southern's returns are expected to increase less than the market. However, during the bear market, the loss of holding Southern is expected to be smaller as well. Southern right now has a risk of 1.1%. Please validate Southern sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Southern will be following its existing price patterns.
Auto-correlation | -0.63 |
Very good reverse predictability
Southern Company has very good reverse predictability. Overlapping area represents the amount of predictability between Southern time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Southern price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 1.41 |
Southern lagged returns against current returns
Autocorrelation, which is Southern stock'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's stock expected returns. We can calculate the autocorrelation of Southern returns to help us make a trade decision. For example, suppose you find that Southern has exhibited high autocorrelation historically, and you observe that the stock 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern stock over time.
Current vs Lagged Prices |
| Timeline |
Southern Lagged Returns
When evaluating Southern's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern stock have on its future price. Southern 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 autocorrelation shows the relationship between Southern stock current value and its past values and can show if there is a momentum factor associated with investing in Southern Company.
Regressed Prices |
| Timeline |
Southern Investors Sentiment
The influence of Southern's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Southern. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Southern's public news can be used to forecast risks associated with an investment in Southern. The trend in average sentiment can be used to explain how an investor holding Southern can time the market purely based on public headlines and social activities around Southern Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Southern's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Southern's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Southern's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Southern.
Southern Implied Volatility | 23.7 |
Southern's implied volatility exposes the market's sentiment of Southern Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Southern's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Southern stock will not fluctuate a lot when Southern's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Southern in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Southern's short interest history, or implied volatility extrapolated from Southern options trading.
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When determining whether Southern offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Company Stock:Check out Southern Correlation, Southern Volatility and Southern Alpha and Beta module to complement your research on Southern. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Southern Stock analysis
When running Southern's price analysis, check to measure Southern'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 is operating at the current time. Most of Southern's value examination focuses on studying past and present price action to predict the probability of Southern'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's price. Additionally, you may evaluate how the addition of Southern to your portfolios can decrease your overall portfolio volatility.
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Southern 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.