Superior Drilling Products Alpha and Beta Analysis
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Superior Drilling Products. It also helps investors analyze the systematic and unsystematic risks associated with investing in Superior Drilling over a specified time horizon. Remember, high Superior Drilling's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Superior Drilling's market risk premium analysis include:
Beta 0.15 | Alpha (0.34) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Superior |
Superior Drilling Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Superior Drilling market risk premium is the additional return an investor will receive from holding Superior Drilling long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Superior Drilling. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Superior Drilling's performance over market.| α | -0.34 | β | 0.15 |
Superior Drilling Fundamentals Vs Peers
Comparing Superior Drilling's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Superior Drilling's direct or indirect competition across all of the common fundamentals between Superior Drilling and the related equities. This way, we can detect undervalued stocks with similar characteristics as Superior Drilling or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Superior Drilling's fundamental indicators could also be used in its relative valuation, which is a method of valuing Superior Drilling by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Superior Drilling to competition |
| Fundamentals | Superior Drilling | Peer Average |
| Return On Equity | 0.33 | -0.31 |
| Return On Asset | 0.0153 | -0.14 |
| Profit Margin | 0.21 % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 35.19 M | 16.62 B |
| Shares Outstanding | 30.39 M | 571.82 M |
| Shares Owned By Insiders | 69.09 % | 10.09 % |
Superior Drilling Opportunities
Superior Drilling Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | 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... | 05/13/2024 |
2 | Superior Drilling Products Now Covered by StockNews.com - Defense World | 05/20/2024 |
3 | Superior Drilling Products Earns Buy Rating from Analysts at StockNews.com - Defense World | 06/13/2024 |
4 | Superior Drilling Products Research Coverage Started at StockNews.com - Defense World | 06/28/2024 |
5 | Superior Drilling Products Coverage Initiated by Analysts at StockNews.com - American Banking and Market News | 07/16/2024 |
6 | Superior Drilling Products Announces Preliminary Results for Election of Form of Merger Consideration | 07/30/2024 |
7 | Christopher Cashion Expands Holdings With Superior Drilling Prods Stock Options | 08/01/2024 |
About Superior Drilling Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Superior or other delisted stocks. Alpha measures the amount that position in Superior Drilling has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Superior Drilling Upcoming Company Events
As portrayed in its financial statements, the presentation of Superior Drilling's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Superior Drilling's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Superior Drilling's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Superior Drilling. Please utilize our Beneish M Score to check the likelihood of Superior Drilling's management manipulating its earnings.
| 8th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Superior Drilling
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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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