Summit Stock Analysis

SSBI -  USA Stock  

USD 13.10  0.95  6.76%

The current drop in stock price created some momentum for stockholders as it was traded today as low as 13.1 and as high as 14.04 per share. The company directors and management have failed to build on market volatilities in May. However, diversifying your overall positions with Summit State Bank may protect your principal portfolio during upcoming market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.62. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The Summit State stock analysis report makes it easy to digest most publicly released information about Summit State and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Summit stock analysis module also helps to analyze the Summit State price relationship with some important fundamental indicators such as market cap and management efficiency.

Summit Stock Analysis Notes

About 15.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.05. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Summit State Bank next dividend is scheduled to be issued on the 13th of May 2021. The entity had 2:1 split on the 15th of March 2017. Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. Summit State Bank was founded in 1982 and is headquartered in Santa Rosa, California. Summit State operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. To find out more about Summit State Bank contact Thomas Duryea at 707 568 6000 or learn more at http://summitstatebank.com.

Summit State Bank Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Summit State's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Summit State Bank or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Summit State Bank generates negative expected return over the last 90 days
Summit State Bank has high likelihood to experience some financial distress in the next 2 years
Latest headline from www.equities.com: Summit St. Bank falls -4.1330 percent for June 16 - Equities.com

Summit Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Summit State is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Summit State Bank backward and forwards among themselves. Summit State's institutional investor refers to the entity that pools money to purchase Summit State's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares308.4 KM
Banc Funds Co LlcCommon Shares164.1 K2.7 M
Traverso Chambers Private Wealth Management LlcCommon Shares78.2 K1.3 M
Bhz Capital Management LpCommon Shares74 K1.2 M
Bridgeway Capital Management LlcCommon Shares68.5 K1.1 M
Dimensional Fund Advisors LpCommon Shares57.6 K936 K
Kennedy Capital Management IncCommon Shares54.9 K896 K
Note, although Summit State's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Summit Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 79.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Summit State's market, we take the total number of its shares issued and multiply it by Summit State's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Summit Profitablity

Summit State's profitability indicators refer to fundamental financial ratios that showcase Summit State's ability to generate income relative to its revenue or operating costs. If, let's say, Summit State is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Summit State's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Summit State's profitability requires more research than a typical breakdown of Summit State's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 33.29 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 47.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.47.

Management Efficiency

The entity has return on total asset (ROA) of 1.42 % which means that it generated profit of $1.42 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 15.89 %, meaning that it created $15.89 on every $100 dollars invested by stockholders. Summit State management efficiency ratios could be used to measure how well summit state bank manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 19th of June, Summit State has the coefficient of variation of (785.55), and Risk Adjusted Performance of (0.08). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Summit State Bank, 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 analyzed nineteen technical drivers for Summit State Bank, which can be compared to its competition. Please validate Summit State Bank treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Summit State is priced more or less accurately, providing market reflects its prevalent price of 13.1 per share. Given that Summit State Bank has jensen alpha of (0.21), we advise you to double-check Summit State Bank's current market performance to make sure the company can sustain itself at a future point.

Summit State Bank Price Movement Analysis

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Summit State Predictive Daily Indicators

Summit State intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Summit State stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Summit State Forecast Models

Summit State time-series forecasting models is one of many Summit State's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Summit State's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Summit State Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Summit State stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Summit shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Summit State. By using and applying Summit Stock analysis, traders can create a robust methodology for identifying Summit entry and exit points for their positions.
Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts time certificates of deposit and specialized deposit accounts, such as professional, small business packaged, tiered, individual retirement, and other retirement plan accounts. The company also provides loans, including commercial loans and leases lines of credit commercial real estate, small business administration, residential mortgage, and construction loans and home equity lines of credit, as well as term loans, credit lines to individuals, equipment loans, and business lines of credit. Its loan products also comprise loans for accounts receivable and inventory financing, loans to agriculture-related businesses, and equipment and expansion financing programs. In addition, the company provides Internet and telephone banking and other services, such as banking by appointment, online banking, direct payroll and social security deposits, letters of credit, access to national automated teller machine networks, courier, safe deposit boxes, night depository facilities, notary, travelers checks, lockbox, and banking by mail. Further, it offers cash management and electronic bill payment services. The company operates through five depository offices located in Santa Rosa, Rohnert Park, Healdsburg, and Petaluma, as well as loan production offices in Roseville, California and Scottsdale, Arizona. Summit State Bank was founded in 1982 and is headquartered in Santa Rosa, California.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Summit State to your portfolios without increasing risk or reducing expected return.

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Additionally, take a look at World Market Map. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Summit State Stock analysis

When running Summit State Bank 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 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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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 Bank underlying business (such as 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 Summit State value 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.