Gates Industrial Stock Price on October 24, 2024
| GTES Stock | USD 21.39 0.30 1.42% |
Below is the normalized historical share price chart for Gates Industrial extending back to January 25, 2018. 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 Gates Industrial stands at 21.39, as last reported on the 22nd of November, with the highest price reaching 21.47 and the lowest price hitting 21.04 during the day.
If you're considering investing in Gates Stock, it is important to understand the factors that can impact its price. Gates Industrial appears to be very steady, given 3 months investment horizon. Gates Industrial holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gates Industrial, which you can use to evaluate the volatility of the firm. Please utilize Gates Industrial's Risk Adjusted Performance of 0.1315, downside deviation of 1.45, and Market Risk Adjusted Performance of 0.1963 to validate if our risk estimates are consistent with your expectations.
Liabilities And Stockholders Equity is likely to gain to about 7.7 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 232.2 M in 2024. . At this time, Gates Industrial's Price To Sales Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 16.67 in 2024, whereas Price Book Value Ratio is likely to drop 1.14 in 2024. Gates Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of January 2018 | 200 Day MA 17.0489 | 50 Day MA 18.5934 | Beta 1.387 |
Gates |
Sharpe Ratio = 0.1675
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Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Gates Industrial is performing at about 13% 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 Gates Industrial by adding it to a well-diversified portfolio.
Price Book 1.7427 | Enterprise Value Ebitda 11.0452 | Price Sales 1.5656 | Shares Float 252.1 M | Wall Street Target Price 22.5909 |
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Gates Industrial Valuation on October 24, 2024
It is possible to determine the worth of Gates Industrial on a given historical date. On October 24, 2024 Gates was worth 18.58 at the beginning of the trading date compared to the closed value of 18.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gates Industrial stock. Still, in general, we apply an absolute valuation method to find Gates Industrial'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 Gates Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gates Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 18.60 | 18.75 | 18.28 | 18.55 | 2,519,259 | |
10/24/2024 | 18.58 | 18.71 | 18.35 | 18.52 | 2,259,845 |
| 18.62 | 18.76 | 18.27 | 18.38 | 3,573,490 |
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Gates Industrial Trading Date Momentum on October 24, 2024
| On October 25 2024 Gates Industrial was traded for 18.38 at the closing time. The top price for the day was 18.76 and the lowest listed price was 18.27 . The trading volume for the day was 3.6 M. The trading history from October 25, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.76% . The overall trading delta against the current closing price is 5.02% . |
Gates Industrial Fundamentals Correlations and Trends
By evaluating Gates Industrial'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 Gates Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gates financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gates Industrial Stock history
Gates Industrial 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 Gates is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gates Industrial 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 Gates Industrial stock prices may prove useful in developing a viable investing in Gates Industrial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 275.6 M | 232.2 M | |
| Net Income Applicable To Common Shares | 253.9 M | 198.6 M |
Gates Industrial Quarterly Net Working Capital |
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Gates Industrial Stock Technical Analysis
Gates Industrial 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
Gates Industrial Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
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Gates Industrial November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Gates Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gates Industrial shares will generate the highest return on investment. By undertsting and applying Gates Industrial stock market strength indicators, traders can identify Gates Industrial entry and exit signals to maximize returns
Gates Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gates Industrial's price direction in advance. Along with the technical and fundamental analysis of Gates Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gates 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 | 0.1315 | |||
| Jensen Alpha | 0.1527 | |||
| Total Risk Alpha | 0.0837 | |||
| Sortino Ratio | 0.1356 | |||
| Treynor Ratio | 0.1863 |
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Additional Tools for Gates Stock Analysis
When running Gates Industrial's price analysis, check to measure Gates Industrial'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 Gates Industrial is operating at the current time. Most of Gates Industrial's value examination focuses on studying past and present price action to predict the probability of Gates Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gates Industrial's price. Additionally, you may evaluate how the addition of Gates Industrial to your portfolios can decrease your overall portfolio volatility.