G-III Apparel Group Ltd Shares Up 2.99 percent on Nov 22
| GIII Stock | USD 29.62 0.72 2.37% |
Under 61% of G III's investor base is looking to short. The analysis of overall sentiment of trading G III Apparel Group stock suggests that many investors are alarmed at this time. G III's investing sentiment shows overall attitude of investors towards G III Apparel Group.
GIII |
Shares of G-III Apparel Group Ltd surged 2.99 percent in mid-day trading on Nov 22. The stock reached an intraday high of 30.26, before settling at 30.10,
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G III Fundamental Analysis
We analyze G III's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of G III using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of G III based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
G III is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
G III Apparel Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with G III stock to make a market-neutral strategy. Peer analysis of G III could also be used in its relative valuation, which is a method of valuing G III by comparing valuation metrics with similar companies.
Peers
G III Related Equities
| OXM | Oxford Industries | 3.03 | ||||
| ZGN | Ermenegildo Zegna | 0.77 | ||||
| COLM | Columbia Sportswear | 0.28 | ||||
| GIL | Gildan Activewear | 0.02 | ||||
| PVH | PVH Corp | 0.59 | ||||
| KTB | Kontoor Brands | 1.43 | ||||
| VNCE | Vince Holding | 2.38 |
Complementary Tools for GIII Stock analysis
When running G III's price analysis, check to measure G III'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 G III is operating at the current time. Most of G III's value examination focuses on studying past and present price action to predict the probability of G III's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G III's price. Additionally, you may evaluate how the addition of G III to your portfolios can decrease your overall portfolio volatility.
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