Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.
Competitive Comparison of Southern First Bancshares's Volatility
For the Banks - Regional subindustry, Southern First Bancshares's Volatility, along with its competitors' market caps and Volatility 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 First Bancshares's Volatility Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Southern First Bancshares's Volatility distribution charts can be found below:
* The bar in red indicates where Southern First Bancshares's Volatility falls into.
Southern First Bancshares (NAS:SFST) Volatility Calculation
The annualized volatility is calculated as following:
σA
=
σM
*
√12
=
√ 1/(n-1) ∑(Ri - R')^2
*
√12
Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.
* 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 First Bancshares (NAS:SFST) Volatility Explanation
Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.
Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.
Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Southern First Bancshares Volatility Related Terms
Thank you for viewing the detailed overview of Southern First Bancshares's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.
Southern First Bancshares (Southern First Bancshares) Business Description
Southern First Bancshares Inc is a bank holding company. The primary business of the company is to serve as the holding company for Southern First Bank. The Bank is engaged in the business of accepting demand deposits and savings deposits insured by the Federal Deposit Insurance Corp and providing commercial, consumer, and mortgage loans to the general public. The operating segments of the company are Commercial and Retail Banking, Mortgage Banking, and Corporate Operations, of which a majority of the revenue is derived from the Commercial and Retail Banking segment which includes the provision of traditional deposit and lending products and services to its commercial and retail banking clients.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SFST has been successfully added to your