SUGP Graham Number from 2010 to 2026
| SUGP Stock | 5.73 0.53 8.47% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 2.08 | Current Value 1.98 | Quarterly Volatility 2.34485398 |
Check SU Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SU Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 M, Interest Expense of 123.5 K or Total Revenue of 115.9 M, as well as many indicators such as Price To Sales Ratio of 142, Dividend Yield of 0.0033 or PTB Ratio of 434. SUGP financial statements analysis is a perfect complement when working with SU Group Valuation or Volatility modules.
SUGP | Graham Number | Build AI portfolio with SUGP Stock |
Latest SU Group's Graham Number Growth Pattern
Below is the plot of the Graham Number of SU Group Holdings over the last few years. It is SU Group's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SU Group's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
|
Graham Number |
| Timeline |
SUGP Graham Number Regression Statistics
| Arithmetic Mean | 5.52 | |
| Geometric Mean | 5.04 | |
| Coefficient Of Variation | 42.45 | |
| Mean Deviation | 1.26 | |
| Median | 5.47 | |
| Standard Deviation | 2.34 | |
| Sample Variance | 5.50 | |
| Range | 9.768 | |
| R-Value | (0.11) | |
| Mean Square Error | 5.79 | |
| R-Squared | 0.01 | |
| Significance | 0.66 | |
| Slope | (0.05) | |
| Total Sum of Squares | 87.97 |
SUGP Graham Number History
About SU Group Financial Statements
SU Group shareholders use historical fundamental indicators, such as Graham Number, to determine how well the company is positioned to perform in the future. Although SU Group investors may analyze each financial statement separately, they are all interrelated. The changes in SU Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on SU Group's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Graham Number | 2.08 | 1.98 |
Pair Trading with SU Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SU Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SU Group will appreciate offsetting losses from the drop in the long position's value.Moving against SUGP Stock
| 0.66 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.54 | LMND | Lemonade | PairCorr |
| 0.53 | 603600 | UE Furniture | PairCorr |
| 0.5 | PHI | PLDT Inc ADR | PairCorr |
| 0.4 | IDYA | Ideaya Biosciences | PairCorr |
The ability to find closely correlated positions to SU Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SU Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SU Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SU Group Holdings to buy it.
The correlation of SU Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SU Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SU Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SU Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for SUGP Stock Analysis
When running SU Group's price analysis, check to measure SU Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SU Group is operating at the current time. Most of SU Group's value examination focuses on studying past and present price action to predict the probability of SU Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SU Group's price. Additionally, you may evaluate how the addition of SU Group to your portfolios can decrease your overall portfolio volatility.