Granite Construction Financials
| GRG Stock | 94.50 0.50 0.53% |
Granite |
Understanding current and past Granite Construction Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Granite Construction's financial statements are interrelated, with each one affecting the others. For example, an increase in Granite Construction's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Granite Construction's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Granite Construction. Check Granite Construction's Beneish M Score to see the likelihood of Granite Construction's management manipulating its earnings.
| Instrument | Germany Stock View All |
| Exchange | Stuttgart Exchange |
| ISIN | US3873281071 |
| Benchmark | Dow Jones Industrial |
You should never invest in Granite Construction without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Granite Stock, because this is throwing your money away. Analyzing the key information contained in Granite Construction's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Granite Construction Key Financial Ratios
Granite Construction's financial ratios allow both analysts and investors to convert raw data from Granite Construction's financial statements into concise, actionable information that can be used to evaluate the performance of Granite Construction over time and compare it to other companies across industries.Granite Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Granite Construction's current stock value. Our valuation model uses many indicators to compare Granite Construction value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Granite Construction competition to find correlations between indicators driving Granite Construction's intrinsic value. More Info.Granite Construction is rated # 4 in current valuation category among its peers. It is rated # 5 in price to book category among its peers . The ratio of Current Valuation to Price To Book for Granite Construction is about 831,483,840 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Granite Construction's earnings, one of the primary drivers of an investment's value.Granite Construction Systematic Risk
Granite Construction's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Granite Construction volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Granite Construction correlated with the market. If Beta is less than 0 Granite Construction generally moves in the opposite direction as compared to the market. If Granite Construction Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Granite Construction is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Granite Construction is generally in the same direction as the market. If Beta > 1 Granite Construction moves generally in the same direction as, but more than the movement of the benchmark.
Granite Construction Thematic Clasifications
Granite Construction is part of Farming investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Farming products and equipment. Companies producing farming products and providing services for farmers
This theme covers Farming products and equipment. Companies producing farming products and providing services for farmers. Get More Thematic Ideas
| Farming | View |
Granite Construction November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Granite Construction help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Granite Construction. We use our internally-developed statistical techniques to arrive at the intrinsic value of Granite Construction based on widely used predictive technical indicators. In general, we focus on analyzing Granite Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Granite Construction's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.6 | |||
| Information Ratio | 0.2256 | |||
| Maximum Drawdown | 12.49 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 3.0 |
Additional Tools for Granite Stock Analysis
When running Granite Construction's price analysis, check to measure Granite Construction's 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 Granite Construction is operating at the current time. Most of Granite Construction's value examination focuses on studying past and present price action to predict the probability of Granite Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Construction's price. Additionally, you may evaluate how the addition of Granite Construction to your portfolios can decrease your overall portfolio volatility.