Super Retail Group Sales Holding Up Better Than Expected, but ... - Morningstar
| SUL Stock | 14.73 0.08 0.54% |
Slightly above 62% of Super Retail's investor base is looking to short. The analysis of current outlook of investing in Super Retail Group suggests that many traders are alarmed regarding Super Retail's prospects. Super Retail's investing sentiment can be driven by a variety of factors including economic data, Super Retail's earnings reports, geopolitical events, and overall market trends.
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Super Retail Group Sales Holding Up Better Than Expected, but ... Morningstar
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Super Retail Fundamental Analysis
We analyze Super Retail's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Super Retail using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Super Retail 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Super Retail is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Super Retail Group 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 Super Retail stock to make a market-neutral strategy. Peer analysis of Super Retail could also be used in its relative valuation, which is a method of valuing Super Retail by comparing valuation metrics with similar companies.
Peers
Super Retail Related Equities
| CIA | Champion Iron | 1.60 | ||||
| PCI | Perpetual Credit | 0.87 | ||||
| GTI | Gratifii | 0.00 | ||||
| WBCPI | Westpac Banking | 0.00 | ||||
| PEX | Peel Mining | 0.00 | ||||
| TI1 | Tombador Iron | 0.00 | ||||
| IXJ | IShares Global | 0.26 | ||||
| TLM | Talisman Mining | 4.55 |
Additional Tools for Super Stock Analysis
When running Super Retail's price analysis, check to measure Super Retail'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 Super Retail is operating at the current time. Most of Super Retail's value examination focuses on studying past and present price action to predict the probability of Super Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Super Retail's price. Additionally, you may evaluate how the addition of Super Retail to your portfolios can decrease your overall portfolio volatility.