Superior Uniform Group Stock Market Value
| SGC Stock | USD 16.83 0.19 1.14% |
| Symbol | Superior |
Superior Uniform Price To Book Ratio
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Superior Uniform. If investors know Superior will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Superior Uniform listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.737 | Dividend Share 0.56 | Earnings Share 0.82 | Revenue Per Share 35.267 | Quarterly Revenue Growth 0.1 |
The market value of Superior Uniform is measured differently than its book value, which is the value of Superior that is recorded on the company's balance sheet. Investors also form their own opinion of Superior Uniform's value that differs from its market value or its book value, called intrinsic value, which is Superior Uniform's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Superior Uniform's market value can be influenced by many factors that don't directly affect Superior Uniform's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Superior Uniform's value and its price as these two are different measures arrived at by different means. Investors typically determine if Superior Uniform is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Superior Uniform's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Superior Uniform 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Superior Uniform's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Superior Uniform.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Superior Uniform on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Superior Uniform Group or generate 0.0% return on investment in Superior Uniform over 30 days. Superior Uniform is related to or competes with Lakeland Industries, Jerash Holdings, G III, JX Luxventure, Gildan Activewear, Oxford Industries, and Ermenegildo Zegna. Superior Group of Companies, Inc. manufactures and sells apparel and accessories in the United States and internationall... More
Superior Uniform Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Superior Uniform's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Superior Uniform Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.1143 | |||
| Maximum Drawdown | 11.72 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 4.19 |
Superior Uniform Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Superior Uniform's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Superior Uniform's standard deviation. In reality, there are many statistical measures that can use Superior Uniform historical prices to predict the future Superior Uniform's volatility.| Risk Adjusted Performance | 0.1418 | |||
| Jensen Alpha | 0.206 | |||
| Total Risk Alpha | 0.0302 | |||
| Sortino Ratio | 0.1387 | |||
| Treynor Ratio | 0.2818 |
Superior Uniform Backtested Returns
Superior Uniform appears to be not too volatile, given 3 months investment horizon. Superior Uniform owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Superior Uniform Group, which you can use to evaluate the volatility of the company. Please review Superior Uniform's Risk Adjusted Performance of 0.1418, semi deviation of 1.43, and Coefficient Of Variation of 566.0 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Superior Uniform holds a performance score of 11. The entity has a beta of 1.28, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Superior Uniform will likely underperform. Please check Superior Uniform's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Superior Uniform's existing price patterns will revert.
Auto-correlation | 0.12 |
Insignificant predictability
Superior Uniform Group has insignificant predictability. Overlapping area represents the amount of predictability between Superior Uniform time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Superior Uniform price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Superior Uniform price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Superior Uniform lagged returns against current returns
Autocorrelation, which is Superior Uniform stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Superior Uniform's stock expected returns. We can calculate the autocorrelation of Superior Uniform returns to help us make a trade decision. For example, suppose you find that Superior Uniform has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Superior Uniform regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Superior Uniform stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Superior Uniform stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Superior Uniform stock over time.
Current vs Lagged Prices |
| Timeline |
Superior Uniform Lagged Returns
When evaluating Superior Uniform's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Superior Uniform stock have on its future price. Superior Uniform autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Superior Uniform autocorrelation shows the relationship between Superior Uniform stock current value and its past values and can show if there is a momentum factor associated with investing in Superior Uniform Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Superior Uniform offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Superior Uniform's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Superior Uniform Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Superior Uniform Group Stock:Check out Superior Uniform Correlation, Superior Uniform Volatility and Superior Uniform Alpha and Beta module to complement your research on Superior Uniform. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Superior Uniform technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.