Superior Uniform Group Stock Probability of Future Stock Price Finishing Over 16.51
SGC Stock | USD 16.51 0.22 1.32% |
Superior |
Superior Uniform Target Price Odds to finish over 16.51
The tendency of Superior Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
16.51 | 90 days | 16.51 | about 18.06 |
Based on a normal probability distribution, the odds of Superior Uniform to move above the current price in 90 days from now is about 18.06 (This Superior Uniform Group probability density function shows the probability of Superior Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.38 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Superior Uniform will likely underperform. Additionally Superior Uniform Group has an alpha of 0.1265, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Superior Uniform Price Density |
Price |
Predictive Modules for Superior Uniform
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Superior Uniform. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Superior Uniform Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Superior Uniform is not an exception. The market had few large corrections towards the Superior Uniform's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Superior Uniform Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Superior Uniform within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 1.38 | |
σ | Overall volatility | 0.92 | |
Ir | Information ratio | 0.08 |
Superior Uniform Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Superior Uniform for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Superior Uniform can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.About 32.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from apnews.com: Wisconsin tribe and other groups move to block pipeline reroute plans |
Superior Uniform Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Superior Stock often depends not only on the future outlook of the current and potential Superior Uniform's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Superior Uniform's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 16.2 M | |
Cash And Short Term Investments | 19.9 M |
Superior Uniform Technical Analysis
Superior Uniform's future price can be derived by breaking down and analyzing its technical indicators over time. Superior Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Superior Uniform Group. In general, you should focus on analyzing Superior Stock price patterns and their correlations with different microeconomic environments and drivers.
Superior Uniform Predictive Forecast Models
Superior Uniform's time-series forecasting models is one of many Superior Uniform's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Superior Uniform's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Superior Uniform
Checking the ongoing alerts about Superior Uniform for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Superior Uniform help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 32.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from apnews.com: Wisconsin tribe and other groups move to block pipeline reroute plans |
Check out Superior Uniform Backtesting, Superior Uniform Valuation, Superior Uniform Correlation, Superior Uniform Hype Analysis, Superior Uniform Volatility, Superior Uniform History as well as Superior Uniform Performance. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.