SSB vs. ASC
SSB (SouthState Corporation) and ASC (Ardmore Shipping Corporation) are both stocks. SSB operates in Banks - Regional (Financial Services), while ASC operates in Marine Shipping (Industrials). Over the past 10 years, SSB returned 4.97%/yr vs 7.63%/yr for ASC. At a 0.25 correlation, their price movements are largely independent.
Performance
SSB vs. ASC - Performance Comparison
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Returns By Period
In the year-to-date period, SSB achieves a -0.84% return, which is significantly lower than ASC's 55.30% return. Over the past 10 years, SSB has underperformed ASC with an annualized return of 4.97%, while ASC has yielded a comparatively higher 7.63% annualized return.
SSB
- 1D
- -2.06%
- 1M
- -3.80%
- YTD
- -0.84%
- 6M
- 1.81%
- 1Y
- 6.71%
- 3Y*
- 13.80%
- 5Y*
- 3.10%
- 10Y*
- 4.97%
ASC
- 1D
- -1.36%
- 1M
- -11.84%
- YTD
- 55.30%
- 6M
- 34.26%
- 1Y
- 73.58%
- 3Y*
- 13.72%
- 5Y*
- 35.42%
- 10Y*
- 7.63%
SSB vs. ASC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSB SouthState Corporation | -0.84% | -3.05% | 20.66% | 13.79% | -2.39% | 13.51% | -14.13% | 47.99% | -30.04% | 1.24% |
ASC Ardmore Shipping Corporation | 55.30% | -10.36% | -8.18% | 5.81% | 326.33% | 3.36% | -63.57% | 93.79% | -41.63% | 8.11% |
Correlation
The correlation between SSB and ASC is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2013 | 0.25 |
The correlation between SSB and ASC shifts across timeframes, from 0.05 (1 year) to 0.25 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
SSB:
$9.12B
ASC:
$652.49M
SSB:
$9.28
ASC:
$1.43
SSB:
9.94
ASC:
11.16
SSB:
2.35
ASC:
0.02
SSB:
2.53
ASC:
2.01
SSB:
1.01
ASC:
1.00
SSB:
$3.68B
ASC:
$324.12M
SSB:
$2.04B
ASC:
$100.44M
SSB:
$1.11B
ASC:
$105.80M
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Return for Risk
SSB vs. ASC — Risk / Return Rank
SSB
ASC
SSB vs. ASC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SouthState Corporation (SSB) and Ardmore Shipping Corporation (ASC). 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.
| SSB | ASC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -2.22 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.32 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 3.37 | -2.99 |
| Martin ratioReturn relative to average drawdown | 0.77 | 8.52 | -7.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SSB | ASC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.27 | 2.05 | -1.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.78 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.14 | 0.15 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.09 | +0.15 |
Drawdowns
SSB vs. ASC - Drawdown Comparison
The maximum SSB drawdown since its inception was -58.21%, smaller than the maximum ASC drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for SSB and ASC.
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Drawdown Indicators
| SSB | ASC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.21% | -80.11% | +21.90% |
Max Drawdown (1Y)Largest decline over 1 year | -17.84% | -21.96% | +4.12% |
Max Drawdown (3Y)Largest decline over 3 years | -27.64% | -61.41% | +33.77% |
Max Drawdown (5Y)Largest decline over 5 years | -32.70% | -61.41% | +28.71% |
Max Drawdown (10Y)Largest decline over 10 years | -51.57% | -71.72% | +20.15% |
Current DrawdownCurrent decline from peak | -14.56% | -23.96% | +9.40% |
Average DrawdownAverage peak-to-trough decline | -15.37% | -38.99% | +23.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.70% | 8.66% | +0.04% |
Volatility
SSB vs. ASC - Volatility Comparison
The current volatility for SouthState Corporation (SSB) is 6.63%, while Ardmore Shipping Corporation (ASC) has a volatility of 11.54%. This indicates that SSB experiences smaller price fluctuations and is considered to be less risky than ASC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSB | ASC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.63% | 11.54% | -4.91% |
Volatility (6M)Calculated over the trailing 6-month period | 16.90% | 26.96% | -10.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.09% | 36.13% | -11.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.77% | 45.93% | -14.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.52% | 51.40% | -16.88% |
Dividends
SSB vs. ASC - Dividend Comparison
SSB's dividend yield for the trailing twelve months is around 2.60%, less than ASC's 4.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASC Ardmore Shipping Corporation | 4.07% | 2.83% | 8.89% | 8.16% | 0.00% | 0.00% | 1.53% | 0.00% | 0.00% | 0.00% | 5.41% | 4.80% |
SSB SouthState Corporation | 2.60% | 2.42% | 2.13% | 2.42% | 2.59% | 2.40% | 2.60% | 1.93% | 2.30% | 1.51% | 1.38% | 1.36% |
Financials
SSB vs. ASC - Financials Comparison
This section allows you to compare key financial metrics between SouthState Corporation and Ardmore Shipping 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.
Total Revenue: Total amount of money received from sales and other business activities
SSB vs. ASC - Profitability Comparison
SSB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SouthState Corporation reported a gross profit of 0.00 and revenue of 816.83M. Therefore, the gross margin over that period was 0.0%.
ASC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ardmore Shipping Corporation reported a gross profit of 32.00M and revenue of 87.92M. Therefore, the gross margin over that period was 36.4%.
SSB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SouthState Corporation reported an operating income of 100.10M and revenue of 816.83M, resulting in an operating margin of 12.3%.
ASC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ardmore Shipping Corporation reported an operating income of 25.58M and revenue of 87.92M, resulting in an operating margin of 29.1%.
SSB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SouthState Corporation reported a net income of 225.82M and revenue of 816.83M, resulting in a net margin of 27.7%.
ASC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ardmore Shipping Corporation reported a net income of 23.58M and revenue of 87.92M, resulting in a net margin of 26.8%.
Frequently Asked Questions
SSB and ASC have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASC has higher volatility (11.54%) compared to SSB (6.63%). In terms of maximum drawdown, SSB dropped -58.21% vs ASC's -80.11%.
ASC currently has the higher Sharpe Ratio (2.05 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.
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