Granite Real Estate Stock Alpha and Beta Analysis
| GRP-UN Stock | USD 52.87 0.27 0.51% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Granite Real Estate. It also helps investors analyze the systematic and unsystematic risks associated with investing in Granite Real over a specified time horizon. Remember, high Granite Real'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 Granite Real's market risk premium analysis include:
Beta 1.09 | Alpha (0.08) | Risk 2.77 | Sharpe Ratio (0.01) | Expected Return (0.04) |
Enterprise Value |
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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.
Granite |
Granite Real Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Granite Real market risk premium is the additional return an investor will receive from holding Granite Real 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 Granite Real. 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 Granite Real's performance over market.| α | -0.08 | β | 1.09 |
Granite Real expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Granite Real's Buy-and-hold return. Our buy-and-hold chart shows how Granite Real performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Granite Real Market Price Analysis
Market price analysis indicators help investors to evaluate how Granite Real stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Granite Real shares will generate the highest return on investment. By understating and applying Granite Real stock market price indicators, traders can identify Granite Real position entry and exit signals to maximize returns.
Granite Real Return and Market Media
The median price of Granite Real for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 55.97 with a coefficient of variation of 5.0. The daily time series for the period is distributed with a sample standard deviation of 2.8, arithmetic mean of 56.02, and mean deviation of 2.34. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Granite Real Estate Investment Trust and Granite REIT Inc. Announce Effective Date of Proposed Unwind of Stapled Unit Structure - StockTitan | 09/19/2024 |
2 | Granite REIT Notice of Conference Call for Third Quarter 2024 Results - sharewise | 10/04/2024 |
About Granite Real 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 Granite or other stocks. Alpha measures the amount that position in Granite Real Estate 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0283 | 0.0449 | 0.0422 | 0.0325 | Price To Sales Ratio | 17.14 | 9.89 | 9.27 | 5.18 |
Granite Real Investors Sentiment
The influence of Granite Real's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Granite. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Granite Real's public news can be used to forecast risks associated with an investment in Granite. The trend in average sentiment can be used to explain how an investor holding Granite can time the market purely based on public headlines and social activities around Granite Real Estate. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Granite Real's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Granite Real's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Granite Real's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Granite Real.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Granite Real in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Granite Real's short interest history, or implied volatility extrapolated from Granite Real options trading.
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Other Information on Investing in Granite Stock
Granite Real financial ratios help investors to determine whether Granite Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Granite with respect to the benefits of owning Granite Real security.