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Southern Financial (Southern Financial) 6-1 Month Momentum % : -0.99% (As of May. 26, 2024)


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What is Southern Financial 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-26), Southern Financial's 6-1 Month Momentum % is -0.99%.

The industry rank for Southern Financial's 6-1 Month Momentum % or its related term are showing as below:

SFCO's 6-1 Month Momentum % is ranked worse than
69% of 1558 companies
in the Banks industry
Industry Median: 5.895 vs SFCO: -0.99

Competitive Comparison of Southern Financial's 6-1 Month Momentum %

For the Banks - Regional subindustry, Southern Financial's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern Financial's 6-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southern Financial's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Southern Financial's 6-1 Month Momentum % falls into.



Southern Financial  (OTCPK:SFCO) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Southern Financial  (OTCPK:SFCO) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Southern Financial 6-1 Month Momentum % Related Terms

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Southern Financial (Southern Financial) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
468 E. Main Street, Spartanburg, SC, USA, 29302
Southern Financial Corp is an operator of a bank providing banking services to domestic markets throughout South Carolina and Georgia. The company's platform offers a range of personalized community banking products and services for individuals, small businesses, and corporations and a full suite of digital banking solutions, enabling clients with banking services.

Southern Financial (Southern Financial) Headlines

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