Superior Industries (Germany) Market Value
| SPD Stock | EUR 0.24 0.00 0.00% |
| Symbol | Superior |
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.
| 04/13/2025 |
| 07/12/2025 |
If you would invest 0.00 in Superior Industries on April 13, 2025 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 90 days. Superior Industries is related to or competes with Mitsui Chemicals, Hellenic Telecommunicatio, Universal Display, CRISPR Therapeutics, Computershare, Charter Communications, and COMPUTERSHARE. 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.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 84.47 | |||
| Value At Risk | (20.41) | |||
| Potential Upside | 10.28 |
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 | (0.23) | |||
| Jensen Alpha | (2.14) | |||
| Total Risk Alpha | (4.30) | |||
| Treynor Ratio | 9.45 |
Superior Industries Backtested Returns
Superior Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17 % return per unit of risk over the last 3 months. Superior Industries International exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Superior Industries' Variance of 158.29, risk adjusted performance of (0.23), and Coefficient Of Variation of (575.28) to confirm the risk estimate we provide. The entity has a beta of -0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Superior Industries are expected to decrease at a much lower rate. During the bear market, Superior Industries is likely to outperform the market. At this point, Superior Industries has a negative expected return of -2.19%. Please make sure to validate Superior Industries' value at risk and the relationship between the skewness and day typical price , to decide if Superior Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.65 |
Good predictability
Superior Industries International has good predictability. Overlapping area represents the amount of predictability between Superior Industries time series from 13th of April 2025 to 28th of May 2025 and 28th of May 2025 to 12th of July 2025. 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 0.65 indicates that roughly 65.0% of current Superior Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
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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Additional Information and Resources on Investing in Superior Stock
When determining whether Superior Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Superior Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Superior Industries International Stock. Highlighted below are key reports to facilitate an investment decision about Superior Industries International Stock:Check out Superior Industries Correlation, Superior Industries Volatility and Superior Industries Alpha and Beta module to complement your research on Superior Industries. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Superior Industries 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.