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CARG vs. SSB
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

CARG vs. SSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CarGurus, Inc. (CARG) and SouthState Corporation (SSB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CARG achieves a -5.50% return, which is significantly lower than SSB's 13.00% return.


CARG

1D
0.67%
1M
0.00%
6M
11.85%
YTD
-5.50%
1Y
13.75%
3Y*
17.60%
5Y*
4.85%
10Y*
ALL TIME*
2.57%

SSB

1D
-0.16%
1M
4.92%
6M
3.92%
YTD
13.00%
1Y
16.19%
3Y*
13.60%
5Y*
11.59%
10Y*
6.29%
ALL TIME*
9.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$32.27M$39.38M$45.20M
$93.61M$88.35M$79.31M

CARG vs. SSB - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CARG
CarGurus, Inc.
-5.50%4.95%51.24%72.45%-58.35%6.02%-9.81%4.30%12.51%3.38%
SSB
SouthState Corporation
13.00%-3.05%20.66%13.79%-2.39%13.51%-14.13%47.99%-30.04%-5.43%

Correlation

The correlation between CARG and SSB is 0.25, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.25

Correlation (3Y)
Balances recent behavior with more history.

0.38

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.37

Correlation (All Time)
Calculated using the full available price history since Oct 12, 2017

0.30

The correlation between CARG and SSB shifts across timeframes, from 0.25 (1 year) to 0.38 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

CARG:

$3.50B

SSB:

$10.19B

EPS

CARG:

$1.53

SSB:

$9.51

PE Ratio

CARG:

23.63

SSB:

11.05

PEG Ratio

CARG:

0.13

SSB:

2.61

PS Ratio

CARG:

3.68

SSB:

2.92

PB Ratio

CARG:

14.53

SSB:

1.13

Total Revenue (TTM)

CARG:

$957.38M

SSB:

$3.59B

Gross Profit (TTM)

CARG:

$860.45M

SSB:

$1.38B

EBITDA (TTM)

CARG:

$251.92M

SSB:

$1.55B

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Return for Risk

CARG vs. SSB — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CARG
CARG Risk / Return Rank: 5252
Overall Rank
CARG Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
CARG Sortino Ratio Rank: 5050
Sortino Ratio Rank
CARG Omega Ratio Rank: 4949
Omega Ratio Rank
CARG Calmar Ratio Rank: 5454
Calmar Ratio Rank
CARG Martin Ratio Rank: 5454
Martin Ratio Rank

SSB
SSB Risk / Return Rank: 6161
Overall Rank
SSB Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
SSB Sortino Ratio Rank: 5757
Sortino Ratio Rank
SSB Omega Ratio Rank: 5757
Omega Ratio Rank
SSB Calmar Ratio Rank: 6363
Calmar Ratio Rank
SSB Martin Ratio Rank: 6262
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CARG vs. SSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CarGurus, Inc. (CARG) and SouthState Corporation (SSB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


CARGSSBDifference
Sharpe ratioReturn per unit of total volatility

-0.32

Sortino ratioReturn per unit of downside risk

-0.33

Omega ratioGain probability vs. loss probability

1.08

1.12

-0.04

Calmar ratioReturn relative to maximum drawdown

0.34

0.81

-0.47

Martin ratioReturn relative to average drawdown

0.75

1.60

-0.86

CARG vs. SSB - Sharpe Ratio Comparison

The current CARG Sharpe Ratio is 0.27, which is lower than the SSB Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of CARG and SSB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

CARG vs. SSB - Drawdown Comparison

The maximum CARG drawdown since its inception was -78.66%, which is greater than SSB's maximum drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for CARG and SSB.


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Drawdown Indicators


CARGSSBDifference

Max Drawdown

Largest peak-to-trough decline

-78.66%

-58.21%

-20.45%

Max Drawdown (1Y)

Largest decline over 1 year

-30.92%

-17.84%

-13.08%

Max Drawdown (3Y)

Largest decline over 3 years

-37.88%

-27.64%

-10.24%

Max Drawdown (5Y)

Largest decline over 5 years

-75.38%

-32.70%

-42.68%

Max Drawdown (10Y)

Largest decline over 10 years

-51.57%

Current Drawdown

Current decline from peak

-35.18%

-2.64%

-32.54%

Average Drawdown

Average peak-to-trough decline

-43.99%

-15.33%

-28.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.02%

9.04%

+4.98%

Volatility

CARG vs. SSB - Volatility Comparison

CarGurus, Inc. (CARG) has a higher volatility of 11.61% compared to SouthState Corporation (SSB) at 7.03%. This indicates that CARG's price experiences larger fluctuations and is considered to be riskier than SSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CARGSSBDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.61%

7.03%

+4.58%

Volatility (6M)

Calculated over the trailing 6-month period

31.70%

17.38%

+14.32%

Volatility (1Y)

Calculated over the trailing 1-year period

38.63%

24.49%

+14.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

50.48%

31.24%

+19.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

50.55%

34.41%

+16.14%

Dividends

CARG vs. SSB - Dividend Comparison

CARG has not paid dividends to shareholders, while SSB's dividend yield for the trailing twelve months is around 2.28%.


PositionTTM20252024202320222021202020192018201720162015
CARG
CarGurus, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SSB
SouthState Corporation
2.28%2.42%2.13%2.42%2.59%2.40%2.60%1.93%2.30%1.51%1.38%1.36%

Financials

CARG vs. SSB - Financials Comparison

This section allows you to compare key financial metrics between CarGurus, Inc. and SouthState Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items

CARG vs. SSB - Profitability Comparison

The chart below illustrates the profitability comparison between CarGurus, Inc. and SouthState Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

CARG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, CarGurus, Inc. reported a gross profit of 224.62M and revenue of 243.56M. Therefore, the gross margin over that period was 92.2%.

SSB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, SouthState Corporation reported a gross profit of -650.90M and revenue of 738.16M. Therefore, the gross margin over that period was -88.2%.

CARG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CarGurus, Inc. reported an operating income of 40.08M and revenue of 243.56M, resulting in an operating margin of 16.5%.

SSB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, SouthState Corporation reported an operating income of -94.55M and revenue of 738.16M, resulting in an operating margin of -12.8%.

CARG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CarGurus, Inc. reported a net income of 32.23M and revenue of 243.56M, resulting in a net margin of 13.2%.

SSB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, SouthState Corporation reported a net income of 230.02M and revenue of 738.16M, resulting in a net margin of 31.2%.


Frequently Asked Questions


CARG and SSB have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CARG has higher volatility (11.61%) compared to SSB (7.03%). In terms of maximum drawdown, CARG dropped -78.66% vs SSB's -58.21%.

SSB currently has the higher Sharpe Ratio (0.59 vs 0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for CARG and SSB

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