Southern Surges 6.47% on $250M Turnover but Ranks 405th in Volume Amid Volatility Risks

On October 13, 2025, Southern (SCCO) surged 6.47% with a trading volume of $0.25 billion, marking a 38.29% decline from the previous day's turnover. The stock ranked 405th in volume among listed equities, indicating moderate liquidity conditions.

Recent market activity reflects mixed technical signals. While the RSI-oversold strategy showed positive performance in backtests, short-term volatility remains a key risk factor. The 1-day-holding approach generated a 29.7% total return from January 1, 2022, to October 13, 2025, with an annualized gain of approximately 8.0%. However, the strategy experienced a maximum drawdown of 12.9%, underscoring potential downside risks in market corrections.

Key assumptions in the backtest included an RSI threshold below 30 for entry signals, with positions closed the following session. No additional risk management parameters were applied. Historical performance suggests the strategy's effectiveness may diminish under extended holding periods or without stop-loss mechanisms, highlighting the importance of adaptive risk controls in live trading scenarios.