Superior Drilling Products Stock Performance
| SDPI Stock | USD 1.25 0.01 0.79% |
On a scale of 0 to 100, Superior Drilling holds a performance score of 16. The entity has a beta of 0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Superior Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Superior Drilling is expected to be smaller as well. Please check Superior Drilling's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Superior Drilling's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Superior Drilling Products are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Despite fairly unfluctuating basic indicators, Superior Drilling demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Acquisition by G Meier of 434641 shares of Superior Drilling subject to Rule 16b-3 | 02/23/2024 |
2 | Superior Drilling GAAP EPS of 0.18, revenue of 4.3M | 03/07/2024 |
3 | SUPERIOR DRILLING INVESTOR ALERT by the Former Attorney General of Louisiana Kahn Swick Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of... | 03/12/2024 |
4 | SHAREHOLDER UPDATE Halper Sadeh LLC Investigates VIVK, MINM, SDPI, AKTX | 03/15/2024 |
5 | Lok Sabha polls 2024 AIADMK ties up with DMDK, SDPI and PT announces seat sharing plan | 03/20/2024 |
6 | NEU 3 Energy Stocks to Elevate Your Investment Portfolio - StockNews.com | 03/27/2024 |
7 | Acquisition by Robert Iversen of 87891 shares of Superior Drilling subject to Rule 16b-3 | 03/28/2024 |
8 | Drilling Tools International Corp. Q4 2023 Earnings Call Transcript | 04/01/2024 |
9 | INDO, HUSA among major energy gainers BPT, BANL major losers - Seeking Alpha | 04/19/2024 |
| Begin Period Cash Flow | 2.2 M |
Superior |
Superior Drilling Relative Risk vs. Return Landscape
If you would invest 73.00 in Superior Drilling Products on January 25, 2024 and sell it today you would earn a total of 52.00 from holding Superior Drilling Products or generate 71.23% return on investment over 90 days. Superior Drilling Products is currently generating 0.9665% in daily expected returns and assumes 4.7013% risk (volatility on return distribution) over the 90 days horizon. In different words, 41% of stocks are less volatile than Superior, and 81% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Superior Drilling Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Superior Drilling's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Superior Drilling Products, and traders can use it to determine the average amount a Superior Drilling's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2056
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Estimated Market Risk
| 4.7 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Superior Drilling is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Superior Drilling by adding it to a well-diversified portfolio.
Superior Drilling Fundamentals Growth
Superior Stock prices reflect investors' perceptions of the future prospects and financial health of Superior Drilling, and Superior Drilling fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Superior Stock performance.
| Return On Equity | 0.6 | ||||
| Return On Asset | 0.0498 | ||||
| Profit Margin | 0.35 % | ||||
| Operating Margin | (0.32) % | ||||
| Current Valuation | 42.29 M | ||||
| Shares Outstanding | 30.39 M | ||||
| Price To Earning | 22.52 X | ||||
| Price To Book | 2.01 X | ||||
| Price To Sales | 1.60 X | ||||
| Revenue | 20.97 M | ||||
| Gross Profit | 10.77 M | ||||
| EBITDA | 3.7 M | ||||
| Net Income | 7.44 M | ||||
| Cash And Equivalents | 2.83 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 6.66 M | ||||
| Debt To Equity | 1.00 % | ||||
| Current Ratio | 1.67 X | ||||
| Book Value Per Share | 0.55 X | ||||
| Cash Flow From Operations | 3.19 M | ||||
| Earnings Per Share | 0.25 X | ||||
| Market Capitalization | 38.29 M | ||||
| Total Asset | 27.95 M | ||||
| Retained Earnings | (28.45 M) | ||||
| Working Capital | 4.94 M | ||||
| Current Asset | 4.75 M | ||||
| Current Liabilities | 4.97 M | ||||
About Superior Drilling Performance
To evaluate Superior Drilling Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Superior Drilling generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Superior Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Superior Drilling market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Superior's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 103.41 | 108.58 | |
| Return On Tangible Assets | 0.27 | 0.28 | |
| Return On Capital Employed | 0.09 | 0.09 | |
| Return On Assets | 0.27 | 0.28 | |
| Return On Equity | 0.45 | 0.48 |
Things to note about Superior Drilling performance evaluation
Checking the ongoing alerts about Superior Drilling for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Superior Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Superior Drilling may become a speculative penny stock | |
| Superior Drilling appears to be risky and price may revert if volatility continues | |
| Superior Drilling is unlikely to experience financial distress in the next 2 years | |
| About 68.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: INDO, HUSA among major energy gainers BPT, BANL major losers - Seeking Alpha |
- Analyzing Superior Drilling's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Superior Drilling's stock is overvalued or undervalued compared to its peers.
- Examining Superior Drilling's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Superior Drilling's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Superior Drilling's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Superior Drilling's stock. These opinions can provide insight into Superior Drilling's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Drilling Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running Superior Drilling's price analysis, check to measure Superior Drilling'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 Superior Drilling is operating at the current time. Most of Superior Drilling's value examination focuses on studying past and present price action to predict the probability of Superior Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Superior Drilling's price. Additionally, you may evaluate how the addition of Superior Drilling to your portfolios can decrease your overall portfolio volatility.
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Is Superior Drilling's industry 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 Drilling. 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 Drilling 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 17.336 | Earnings Share 0.25 | Revenue Per Share 0.706 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0498 |
The market value of Superior Drilling 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 Drilling's value that differs from its market value or its book value, called intrinsic value, which is Superior Drilling'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 Drilling's market value can be influenced by many factors that don't directly affect Superior Drilling'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 Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Superior Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Superior Drilling'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.