Garrett Motion Stock Price on February 9, 2024

GTX Stock  USD 9.41  0.19  1.98%   
Below is the normalized historical share price chart for Garrett Motion extending back to September 17, 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 Garrett Motion stands at 9.41, as last reported on the 13th of December 2024, with the highest price reaching 9.40 and the lowest price hitting 9.40 during the day.
IPO Date
17th of September 2018
200 Day MA
8.7253
50 Day MA
8.0782
Beta
1.171
 
Covid
If you're considering investing in Garrett Stock, it is important to understand the factors that can impact its price. Garrett Motion appears to be not too volatile, given 3 months investment horizon. Garrett Motion holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Garrett Motion, which you can use to evaluate the volatility of the firm. Please utilize Garrett Motion's Downside Deviation of 2.17, risk adjusted performance of 0.1246, and Market Risk Adjusted Performance of 0.3658 to validate if our risk estimates are consistent with your expectations.
  
Stock Based Compensation To Revenue is likely to rise to 0 in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 122.4 M in 2024. . At this time, Garrett Motion's Price To Operating Cash Flows Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 4.43 in 2024, whereas Price To Sales Ratio is likely to drop 0.33 in 2024. Garrett Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1441

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Estimated Market Risk

 2.11
  actual daily
18
82% of assets are more volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Garrett Motion is performing at about 11% 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 Garrett Motion by adding it to a well-diversified portfolio.
Enterprise Value Ebitda
5.7642
Price Sales
0.5733
Shares Float
125.6 M
Wall Street Target Price
12
Earnings Share
1.26

Garrett Motion Valuation on February 9, 2024

It is possible to determine the worth of Garrett Motion on a given historical date. On February 9, 2024 Garrett was worth 8.3 at the beginning of the trading date compared to the closed value of 8.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Garrett Motion stock. Still, in general, we apply an absolute valuation method to find Garrett Motion'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 Garrett Motion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Garrett Motion's related companies.
 Open High Low Close Volume
  8.39    8.43    8.27    8.28    1,079,041  
02/09/2024
  8.30    8.34    8.23    8.30    1,443,882  
  8.25    8.65    8.25    8.63    646,899  
Backtest Garrett Motion  |  Garrett Motion History  |  Garrett Motion Valuation   PreviousNext  
Open Value
8.3
8.3
Closing Value
14.62
Upside

Garrett Motion Trading Date Momentum on February 9, 2024

On February 12 2024 Garrett Motion was traded for  8.63  at the closing time. Highest Garrett Motion's price during the trading hours was 8.65  and the lowest price during the day was  8.25 . The net volume was 646.9 K. The overall trading history on the 12th of February 2024 contributed to the next trading period price jump. The overall trading delta to the next next day price was 3.98% . The overall trading delta to current price is 13.73% .

Garrett Motion Fundamentals Correlations and Trends

By evaluating Garrett Motion'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 Garrett Motion's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Garrett financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Garrett Motion Stock history

Garrett Motion 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 Garrett is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Garrett Motion 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 Garrett Motion stock prices may prove useful in developing a viable investing in Garrett Motion
Last ReportedProjected for Next Year
Common Stock Shares Outstanding166.6 M122.4 M
Net Income Applicable To Common Shares267.9 M230.2 M

Garrett Motion Stock Technical Analysis

Garrett Motion 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.
A focus of Garrett Motion technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Garrett Motion trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Garrett Motion Period Price Range

Low
December 13, 2024
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Garrett Motion 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.

Garrett Motion December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Garrett Motion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Garrett Motion shares will generate the highest return on investment. By undertsting and applying Garrett Motion stock market strength indicators, traders can identify Garrett Motion entry and exit signals to maximize returns

Garrett Motion Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Garrett Motion's price direction in advance. Along with the technical and fundamental analysis of Garrett Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Garrett 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.

Additional Tools for Garrett Stock Analysis

When running Garrett Motion's price analysis, check to measure Garrett Motion'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 Garrett Motion is operating at the current time. Most of Garrett Motion's value examination focuses on studying past and present price action to predict the probability of Garrett Motion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garrett Motion's price. Additionally, you may evaluate how the addition of Garrett Motion to your portfolios can decrease your overall portfolio volatility.