G III holds a
performance score of 16 on a scale of zero to a hundred. The firm retains a Market Volatility (i.e. Beta) of 2.0741, which attests to a somewhat significant risk relative to the market. Let's try to break down what G III's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, G III will likely underperform. Although it is vital to follow
G III Apparel current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. Our approach into determining
future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and
technical indicators. To evaluate if G III Apparel expected return of 1.18 will be sustainable into the future, we have found twenty-eight different
technical indicators, which can help you to check if the expected returns are sustainable. Use G III Apparel
jensen alpha,
semi variance,
day typical price, as well as the
relationship between the
maximum drawdown and
accumulation distribution to analyze future returns on G III Apparel.
The successful prediction of G III
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as G III Apparel Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of G III based on G III hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to G III's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to G III's related companies.
Use Technical Analysis to project GIII expected Price
G III 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 G III technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of G III 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...G III Gross Profit
G III Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing G III previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show G III Gross Profit growth over the last 10 years. Please check G III's
gross profit and other
fundamental indicators for more details.
Breaking down the case for G III
The company reported the previous year's revenue of 2.59
B. Net Income was 66.4
M with profit before overhead, payroll, taxes, and interest of 1.12
B.
| 2017 | 2018 | 2019 | 2020 (projected) |
Long Term Debt to Equity | 0.35 | 0.33 | 0.31 | 0.27 | Interest Coverage | 3.54 | 5.25 | 5.13 | 5.26 |
Cost of Revenue Breakdown
G III Cost of Revenue is increasing over the last several years with slightly volatile swings. Cost of Revenue is predicted to flatten to about 1.8
B. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. G III Cost of Revenue is most likely to increase significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 2.04 Billion
| 2013 | 1.13 Billion |
| 2014 | 1.36 Billion |
| 2015 | 1.51 Billion |
| 2016 | 1.55 Billion |
| 2017 | 1.75 Billion |
| 2018 | 1.97 Billion |
| 2019 | 2.04 Billion |
| 2020 | 1.83 Billion |
Will G III drop impact its fundamentals?
Coefficient of variation is down to 392.96. It may hint to a possible volatility drop. G III Apparel shows above-average downside volatility for the selected time horizon. We advise investors to inspect G III Apparel further and ensure that all market timing and asset allocation strategies are consistent with the estimation of G III future alpha.
Our Final Takeaway
While some firms under the apparel retail industry are still a bit expensive, G III may offer a potential longer-term growth to stockholders. To sum up, as of the 7th of December 2020, we believe G III is currently
overvalued. It hyperactively responds to market trends and projects
below average probability of financial unrest in the next two years. However, our concluding 30 days buy vs. sell advice on the company is
Buy.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of G III Apparel Group. Please refer to our
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