Granite Construction Incorporated Stock Price on October 9, 2024
| GVA Stock | USD 99.29 1.08 1.10% |
Below is the normalized historical share price chart for Granite Construction Incorporated extending back to April 20, 1990. 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 Construction stands at 99.29, as last reported on the 24th of November, with the highest price reaching 99.72 and the lowest price hitting 98.30 during the day.
If you're considering investing in Granite Stock, it is important to understand the factors that can impact its price. Granite Construction appears to be very steady, given 3 months investment horizon. Granite Construction holds Efficiency (Sharpe) Ratio of 0.34, which attests that the entity had a 0.34% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Granite Construction, which you can use to evaluate the volatility of the firm. Please utilize Granite Construction's risk adjusted performance of 0.2799, and Market Risk Adjusted Performance of 0.4394 to validate if our risk estimates are consistent with your expectations.
At present, Granite Construction's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0, whereas Total Stockholder Equity is forecasted to decline to about 648.2 M. . At present, Granite Construction's Price Earnings Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 16.52, whereas Price To Sales Ratio is forecasted to decline to 0.42. Granite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of April 1990 | 200 Day MA 67.0841 | 50 Day MA 85.5036 | Beta 1.402 |
Granite |
Sharpe Ratio = 0.3412
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Estimated Market Risk
| 1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average Granite Construction is performing at about 26% 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 Granite Construction by adding it to a well-diversified portfolio.
Price Book 4.3096 | Enterprise Value Ebitda 14.8187 | Price Sales 1.0949 | Shares Float 40.8 M | Dividend Share 0.52 |
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Granite Construction Valuation on October 9, 2024
It is possible to determine the worth of Granite Construction on a given historical date. On October 9, 2024 Granite was worth 81.19 at the beginning of the trading date compared to the closed value of 81.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Granite Construction stock. Still, in general, we apply an absolute valuation method to find Granite Construction'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 Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Granite Construction's related companies.
| Open | High | Low | Close | Volume | |
| 81.37 | 81.40 | 79.94 | 79.95 | 336,449 | |
10/09/2024 | 81.19 | 82.45 | 80.70 | 81.82 | 600,157 |
| 80.86 | 81.17 | 78.66 | 80.56 | 659,137 |
| Backtest Granite Construction | | | Granite Construction History | | | Granite Construction Valuation | Previous | Next |
Granite Construction Trading Date Momentum on October 9, 2024
| On October 10 2024 Granite Construction Incorporated was traded for 80.56 at the closing time. Highest Granite Construction's price during the trading hours was 81.17 and the lowest price during the day was 78.66 . The net volume was 659.1 K. The overall trading history on the 10th of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.54% . The overall trading delta to current price is 0.86% . |
Granite Construction Fundamentals Correlations and Trends
By evaluating Granite Construction'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 Construction'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 Construction Stock history
Granite Construction 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 Construction 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 Construction stock prices may prove useful in developing a viable investing in Granite Construction
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 52.6 M | 44.8 M | |
| Net Income Applicable To Common Shares | 75 M | 78.7 M |
Granite Construction Quarterly Net Working Capital |
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Granite Construction Stock Technical Analysis
Granite Construction 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 Construction Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Granite Construction Incorporated 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 Construction November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Granite Construction 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 Construction shares will generate the highest return on investment. By undertsting and applying Granite Construction stock market strength indicators, traders can identify Granite Construction Incorporated entry and exit signals to maximize returns
Granite Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Granite Construction'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 | 0.2799 | |||
| Jensen Alpha | 0.3577 | |||
| Total Risk Alpha | 0.2749 | |||
| Sortino Ratio | 0.3644 | |||
| Treynor Ratio | 0.4294 |
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Complementary Tools for Granite Stock analysis
When running Granite Construction's price analysis, check to measure Granite Construction'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 Granite Construction is operating at the current time. Most of Granite Construction's value examination focuses on studying past and present price action to predict the probability of Granite Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Construction's price. Additionally, you may evaluate how the addition of Granite Construction to your portfolios can decrease your overall portfolio volatility.
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