Superior Drilling Products Performance
The entity has a beta of 0.66, 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. Superior Drilling right now has a risk of 0.0%. Please validate Superior Drilling market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness , to decide if Superior Drilling will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days Superior Drilling Products has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, Superior Drilling is not utilizing all of its potentials. The newest stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Begin Period Cash Flow | 2.2 M |
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Superior Drilling Relative Risk vs. Return Landscape
If you would invest (100.00) in Superior Drilling Products on September 19, 2024 and sell it today you would earn a total of 100.00 from holding Superior Drilling Products or generate -100.0% return on investment over 90 days. Superior Drilling Products is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Superior, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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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 = 0.0
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Based on monthly moving average Superior Drilling is not performing at its full potential. However, 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 Superior Drilling 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 | 0.33 | |||
| Return On Asset | 0.0153 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 35.19 M | |||
| Shares Outstanding | 30.39 M | |||
| Price To Earning | 22.52 X | |||
| Price To Book | 2.04 X | |||
| Price To Sales | 1.56 X | |||
| Revenue | 20.97 M | |||
| EBITDA | 3.7 M | |||
| Cash And Equivalents | 2.83 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 6.66 M | |||
| Debt To Equity | 1.00 % | |||
| Book Value Per Share | 0.50 X | |||
| Cash Flow From Operations | 3.19 M | |||
| Earnings Per Share | 0.14 X | |||
| Total Asset | 27.95 M | |||
| Retained Earnings | (28.45 M) | |||
| Current Asset | 4.75 M | |||
| Current Liabilities | 4.97 M | |||
About Superior Drilling Performance
By evaluating Superior Drilling's fundamental ratios, stakeholders can gain valuable insights into Superior Drilling's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Superior Drilling has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Superior Drilling has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Superior Drilling Products, Inc., a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United States, Canada, the Middle East, and Eastern Europe. Superior Drilling Products, Inc. was founded in 1993 and is headquartered in Vernal, Utah. Superior Drilling operates under Oil Gas Equipment Services classification in the United States and is traded on AMEX Exchange. It employs 58 people.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 is not yet fully synchronised with the market data | |
| Superior Drilling has some characteristics of a very speculative penny stock | |
| Superior Drilling has a very high chance of going through financial distress in the upcoming years | |
| About 69.0% of the company outstanding shares are owned by corporate insiders |
- 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Superior Stock
If you are still planning to invest in Superior Drilling check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Superior Drilling's history and understand the potential risks before investing.
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