G-III APPAREL Current Valuation vs. Market Capitalization
| GI4 Stock | EUR 28.00 0.80 2.78% |
For G-III APPAREL profitability analysis, we use financial ratios and fundamental drivers that measure the ability of G-III APPAREL to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well G III APPAREL GROUP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between G-III APPAREL's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of G III APPAREL GROUP over time as well as its relative position and ranking within its peers.
G-III |
G III APPAREL Market Capitalization vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining G-III APPAREL's current stock value. Our valuation model uses many indicators to compare G-III APPAREL value to that of its competitors to determine the firm's financial worth. G III APPAREL GROUP is rated # 2 in current valuation category among its peers. It also is rated # 2 in market capitalization category among its peers creating about 0.78 of Market Capitalization per Current Valuation. The ratio of Current Valuation to Market Capitalization for G III APPAREL GROUP is roughly 1.28 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the G-III APPAREL's earnings, one of the primary drivers of an investment's value.G-III Current Valuation vs. Competition
G III APPAREL GROUP is rated # 2 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is currently estimated at about 65.33 Billion. G-III APPAREL holds roughly 1.52 Billion in current valuation claiming about 2.32% of all equities under Other industry.
G-III Market Capitalization vs. Current Valuation
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 |
| = | 1.52 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
G-III APPAREL |
| = | 1.18 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
G-III Market Capitalization vs Competition
G III APPAREL GROUP is rated # 2 in market capitalization category among its peers. Market capitalization of Other industry is currently estimated at about 49.67 Billion. G-III APPAREL holds roughly 1.18 Billion in market capitalization claiming about 2.38% of all equities under Other industry.
G-III Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on G-III APPAREL. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of G-III APPAREL position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the G-III APPAREL's important profitability drivers and their relationship over time.
Use G-III APPAREL in pair-trading
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 G-III APPAREL 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 G-III APPAREL will appreciate offsetting losses from the drop in the long position's value.G-III APPAREL Pair Trading
G III APPAREL GROUP Pair Trading Analysis
The ability to find closely correlated positions to G-III APPAREL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace G-III APPAREL 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 G-III APPAREL - 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 G III APPAREL GROUP to buy it.
The correlation of G-III APPAREL 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 G-III APPAREL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if G III APPAREL 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 G-III APPAREL 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.Use Investing Themes to Complement your G-III APPAREL position
In addition to having G-III APPAREL in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Machinery Thematic Idea Now
Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Machinery Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in G-III Stock
When determining whether G III APPAREL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of G-III APPAREL'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 G Iii Apparel Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on G Iii Apparel Group Stock:Check out Risk vs Return Analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
To fully project G-III APPAREL's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of G III APPAREL at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include G-III APPAREL's income statement, its balance sheet, and the statement of cash flows.