Grocery Outlet Holding Stock Price on November 28, 2024
| GO Stock | USD 21.25 0.09 0.43% |
Below is the normalized historical share price chart for Grocery Outlet Holding extending back to June 20, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Grocery Outlet stands at 21.25, as last reported on the 28th of November, with the highest price reaching 21.67 and the lowest price hitting 20.95 during the day.
If you're considering investing in Grocery Stock, it is important to understand the factors that can impact its price. Grocery Outlet appears to be not too volatile, given 3 months investment horizon. Grocery Outlet Holding holds Efficiency (Sharpe) Ratio of 0.0675, which attests that the entity had a 0.0675% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Grocery Outlet Holding, which you can use to evaluate the volatility of the firm. Please utilize Grocery Outlet's Risk Adjusted Performance of 0.0754, downside deviation of 4.03, and Market Risk Adjusted Performance of 0.1611 to validate if our risk estimates are consistent with your expectations.
As of the 28th of November 2024, Capital Stock is likely to grow to about 99.9 K, while Total Stockholder Equity is likely to drop about 788.4 M. . At this time, Grocery Outlet's Price Cash Flow Ratio is very stable compared to the past year. As of the 28th of November 2024, Price Sales Ratio is likely to grow to 1.05, while Price Earnings Ratio is likely to drop 47.46. Grocery Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of June 2019 | 200 Day MA 21.3359 | 50 Day MA 16.9046 | Beta 0.129 |
Grocery |
Sharpe Ratio = 0.0675
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Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Grocery Outlet is performing at about 5% of its full potential. 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 Grocery Outlet by adding it to a well-diversified portfolio.
Price Book 1.6764 | Enterprise Value Ebitda 18.1576 | Price Sales 0.4821 | Shares Float 82.9 M | Wall Street Target Price 17.2143 |
Grocery Outlet Valuation on November 28, 2024
It is possible to determine the worth of Grocery Outlet on a given historical date. On November 28, 2024 Grocery was worth 21.42 at the beginning of the trading date compared to the closed value of 21.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grocery Outlet stock. Still, in general, we apply an absolute valuation method to find Grocery Outlet's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Grocery Outlet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grocery Outlet's related companies.
| Open | High | Low | Close | Volume | |
| 20.82 | 21.27 | 20.59 | 21.16 | 1,911,012 | |
11/27/2024 | 21.42 | 21.67 | 20.95 | 21.25 | 1,824,537 |
| Backtest Grocery Outlet | | | Grocery Outlet History | | | Grocery Outlet Valuation | Previous |
Grocery Outlet Trading Date Momentum on November 28, 2024
| On November 27 2024 Grocery Outlet Holding was traded for 21.25 at the closing time. The highest price during the trading period was 21.67 and the lowest recorded bid was listed for 20.95 . The volume for the day was 1.8 M. This history from November 27, 2024 did not cause price change. The overall trading delta to the current price is 0.80% . |
Grocery Outlet Holding Fundamentals Correlations and Trends
By evaluating Grocery Outlet's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Grocery Outlet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grocery financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grocery Outlet Stock history
Grocery Outlet investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Grocery is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grocery Outlet Holding will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Grocery Outlet stock prices may prove useful in developing a viable investing in Grocery Outlet
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 100.8 M | 96.7 M | |
| Net Income Applicable To Common Shares | 74.8 M | 46.5 M |
Grocery Outlet Quarterly Net Working Capital |
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Grocery Outlet Stock Technical Analysis
Grocery Outlet 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.
Price Boundaries
Grocery Outlet Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
Grocery Outlet Holding cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Grocery Outlet November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Grocery Outlet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grocery Outlet shares will generate the highest return on investment. By undertsting and applying Grocery Outlet stock market strength indicators, traders can identify Grocery Outlet Holding entry and exit signals to maximize returns
Grocery Outlet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grocery Outlet's price direction in advance. Along with the technical and fundamental analysis of Grocery Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grocery to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0754 | |||
| Jensen Alpha | 0.0663 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0512 | |||
| Treynor Ratio | 0.1511 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grocery Outlet Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grocery Outlet. If investors know Grocery will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grocery Outlet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Earnings Share 0.51 | Revenue Per Share 42.988 | Quarterly Revenue Growth 0.104 | Return On Assets 0.0194 |
The market value of Grocery Outlet Holding is measured differently than its book value, which is the value of Grocery that is recorded on the company's balance sheet. Investors also form their own opinion of Grocery Outlet's value that differs from its market value or its book value, called intrinsic value, which is Grocery Outlet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grocery Outlet's market value can be influenced by many factors that don't directly affect Grocery Outlet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grocery Outlet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grocery Outlet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grocery Outlet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.