Granite Real Estate Stock Price on March 27, 2024
| GRP-UN Stock | USD 54.44 1.17 2.20% |
Below is the normalized historical share price chart for Granite Real Estate extending back to September 02, 2003. 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 Granite Real stands at 54.44, as last reported on the 1st of December, with the highest price reaching 54.44 and the lowest price hitting 53.98 during the day.
If you're considering investing in Granite Stock, it is important to understand the factors that can impact its price. As of now, Granite Stock is very steady. Granite Real Estate holds Efficiency (Sharpe) Ratio of 0.0049, which attests that the entity had a 0.0049% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Granite Real Estate, which you can use to evaluate the volatility of the firm. Please check out Granite Real's risk adjusted performance of 0.0054, and Market Risk Adjusted Performance of (0.01) to validate if the risk estimate we provide is consistent with the expected return of 0.0133%.
At this time, Granite Real's Total Stockholder Equity is very stable compared to the past year. As of the 1st of December 2024, Liabilities And Stockholders Equity is likely to grow to about 9.5 B, while Common Stock Shares Outstanding is likely to drop about 54.7 M. . At this time, Granite Real's Price Earnings Ratio is very stable compared to the past year. As of the 1st of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 18.74, while Price To Sales Ratio is likely to drop 5.18. Granite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 53.7481 | 50 Day MA 55.4514 | Beta 1.181 |
Granite |
Sharpe Ratio = 0.0049
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| Negative Returns | GRP-UN |
Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Granite Real is not performing at its full potential. However, 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 Granite Real by adding Granite Real to a well-diversified portfolio.
Price Book 0.8798 | Enterprise Value Ebitda 18.3313 | Price Sales 6.1995 | Shares Float 62.5 M | Dividend Share 3.288 |
Granite Real Valuation on March 27, 2024
It is possible to determine the worth of Granite Real on a given historical date. On March 27, 2024 Granite was worth 53.73 at the beginning of the trading date compared to the closed value of 53.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Granite Real stock. Still, in general, we apply an absolute valuation method to find Granite Real'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 Granite Real where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Granite Real's related companies.
| Open | High | Low | Close | Volume | |
| 53.44 | 53.63 | 53.09 | 53.45 | 2,667 | |
03/27/2024 | 53.73 | 54.10 | 53.72 | 53.78 | 56,253 |
| 54.93 | 54.94 | 54.02 | 54.91 | 1,629 |
| Backtest Granite Real | | | Granite Real History | | | Granite Real Valuation | Previous | Next |
Granite Real Trading Date Momentum on March 27, 2024
| On March 28 2024 Granite Real Estate was traded for 54.91 at the closing time. The maximum traded price for the trading interval was 54.94 and the lowest daily price was 54.02 . The daily volume was recorded at 1.6 K. The volume of trading on 28th of March 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 2.10% . The overall trading delta to the closing price today is 0.35% . |
Granite Real Estate Fundamentals Correlations and Trends
By evaluating Granite Real'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 Granite Real's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Granite financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Granite Real Stock history
Granite Real 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 Granite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Granite Real Estate 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 Granite Real stock prices may prove useful in developing a viable investing in Granite Real
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 63.4 M | 54.7 M | |
| Net Income Applicable To Common Shares | 179.1 M | 170.2 M |
Granite Real Stock Technical Analysis
Granite Real 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
Granite Real Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Granite Real Estate cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Granite Real December 1, 2024 Market Strength
Market strength 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 undertsting and applying Granite Real stock market strength indicators, traders can identify Granite Real Estate entry and exit signals to maximize returns
Granite Real Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Granite Real's price direction in advance. Along with the technical and fundamental analysis of Granite Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Granite 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 | 0.0054 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.02) |
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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.