Superior Uniform Group Stock Market Value

SGC Stock  USD 16.66  0.07  0.42%   
Superior Uniform's market value is the price at which a share of Superior Uniform trades on a public exchange. It measures the collective expectations of Superior Uniform Group investors about its performance. Superior Uniform is trading at 16.66 as of the 14th of December 2024, a 0.42 percent decrease since the beginning of the trading day. The stock's open price was 16.73.
With this module, you can estimate the performance of a buy and hold strategy of Superior Uniform Group and determine expected loss or profit from investing in Superior Uniform over a given investment horizon. Check out Superior Uniform Correlation, Superior Uniform Volatility and Superior Uniform Alpha and Beta module to complement your research on Superior Uniform.
Symbol

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.
0.00
12/25/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/14/2024
0.00
If you would invest  0.00  in Superior Uniform on December 25, 2022 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 720 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.

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.
Hype
Prediction
LowEstimatedHigh
14.4916.5218.55
Details
Intrinsic
Valuation
LowRealHigh
15.6317.6619.69
Details
Naive
Forecast
LowNextHigh
14.6116.6418.67
Details
2 Analysts
Consensus
LowTargetHigh
14.2615.6717.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Superior Uniform. Your research has to be compared to or analyzed against Superior Uniform's peers to derive any actionable benefits. When done correctly, Superior Uniform's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Superior Uniform.

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 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Superior Uniform Group, which you can use to evaluate the volatility of the company. Please review Superior Uniform's Coefficient Of Variation of 824.45, risk adjusted performance of 0.0944, and Semi Deviation of 1.51 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 8. The entity has a beta of 1.37, 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

    
  -0.08  

Very weak reverse predictability

Superior Uniform Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Superior Uniform time series from 25th of December 2022 to 20th of December 2023 and 20th of December 2023 to 14th of December 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 -0.08 indicates that barely 8.0% of current Superior Uniform price fluctuation can be explain by its past prices.
Correlation Coefficient-0.08
Spearman Rank Test-0.02
Residual Average0.0
Price Variance5.24

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  

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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
A focus of Superior Uniform technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Superior Uniform trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...