Superior Industries International Stock Market Value
| SUP Stock | USD 3.34 0.04 1.18% |
| Symbol | Superior |
Superior Industries Price To Book Ratio
Is Automotive Parts & Equipment 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 Industries. 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 Industries 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 (0.78) | Earnings Share (5.76) | Revenue Per Share 46.962 | Quarterly Revenue Growth (0.17) | Return On Assets 0.009 |
The market value of Superior Industries 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 Industries' value that differs from its market value or its book value, called intrinsic value, which is Superior Industries' 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 Industries' market value can be influenced by many factors that don't directly affect Superior Industries' 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 Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Superior Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Superior Industries' 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 Industries '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 Industries' 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 Industries.
| 04/21/2024 |
| 06/20/2024 |
If you would invest 0.00 in Superior Industries on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding Superior Industries International or generate 0.0% return on investment in Superior Industries over 60 days. Superior Industries is related to or competes with Stoneridge, Douglas Dynamics, Monro Muffler, and Fox Factory. Superior Industries International, Inc. designs, manufactures, and sells aluminum wheels to the original equipment manuf... More
Superior Industries 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 Industries' 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 Industries International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | 0.0803 | |||
| Maximum Drawdown | 27.73 | |||
| Value At Risk | (4.99) | |||
| Potential Upside | 7.57 |
Superior Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Superior Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Superior Industries' standard deviation. In reality, there are many statistical measures that can use Superior Industries historical prices to predict the future Superior Industries' volatility.| Risk Adjusted Performance | 0.0604 | |||
| Jensen Alpha | 0.3264 | |||
| Total Risk Alpha | 0.3174 | |||
| Sortino Ratio | 0.1092 | |||
| Treynor Ratio | 0.153 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Superior Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Superior Industries Backtested Returns
Superior Industries appears to be moderately volatile, given 3 months investment horizon. Superior Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0821, which indicates the firm had a 0.0821% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Superior Industries International, which you can use to evaluate the volatility of the company. Please review Superior Industries' Semi Deviation of 2.7, risk adjusted performance of 0.0604, and Coefficient Of Variation of 1201.07 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Superior Industries holds a performance score of 6. The entity has a beta of 2.16, 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 Industries will likely underperform. Please check Superior Industries' potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Superior Industries' existing price patterns will revert.
Auto-correlation | 0.46 |
Average predictability
Superior Industries International has average predictability. Overlapping area represents the amount of predictability between Superior Industries time series from 21st of April 2024 to 21st of May 2024 and 21st of May 2024 to 20th of June 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 Industries price movement. The serial correlation of 0.46 indicates that about 46.0% of current Superior Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Superior Industries lagged returns against current returns
Autocorrelation, which is Superior Industries 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 Industries' stock expected returns. We can calculate the autocorrelation of Superior Industries returns to help us make a trade decision. For example, suppose you find that Superior Industries 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 Industries 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 Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Superior Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Superior Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Superior Industries Lagged Returns
When evaluating Superior Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Superior Industries stock have on its future price. Superior Industries 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 Industries autocorrelation shows the relationship between Superior Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Superior Industries International.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectAdditional Tools for Superior Stock Analysis
When running Superior Industries' price analysis, check to measure Superior Industries' 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 Industries is operating at the current time. Most of Superior Industries' value examination focuses on studying past and present price action to predict the probability of Superior Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Superior Industries' price. Additionally, you may evaluate how the addition of Superior Industries to your portfolios can decrease your overall portfolio volatility.