Granite Construction (Germany) Performance
| GRG Stock | 92.50 1.00 1.07% |
On a scale of 0 to 100, Granite Construction holds a performance score of 19. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Granite Construction's returns are expected to increase less than the market. However, during the bear market, the loss of holding Granite Construction is expected to be smaller as well. Please check Granite Construction's sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to make a quick decision on whether Granite Construction's current trending patterns will revert.
Risk-Adjusted Performance
19 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Granite Construction are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Granite Construction unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 413.7 M | |
| Free Cash Flow | -66 M |
Granite |
Granite Construction Relative Risk vs. Return Landscape
If you would invest 6,737 in Granite Construction on September 1, 2024 and sell it today you would earn a total of 2,513 from holding Granite Construction or generate 37.3% return on investment over 90 days. Granite Construction is generating 0.5083% of daily returns and assumes 2.0183% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Granite, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Granite Construction Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Granite Construction's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Granite Construction, and traders can use it to determine the average amount a Granite Construction's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2518
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Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Granite Construction is performing at about 19% 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.
Granite Construction Fundamentals Growth
Granite Stock prices reflect investors' perceptions of the future prospects and financial health of Granite Construction, and Granite Construction fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Granite Stock performance.
| Current Valuation | 1.34 B | |||
| Price To Book | 1.61 X | |||
| Price To Sales | 0.61 X | |||
| Revenue | 3.3 B | |||
| EBITDA | 187.01 M | |||
| Total Debt | 286.93 M | |||
| Cash Flow From Operations | 55.65 M | |||
| Total Asset | 2.17 B | |||
About Granite Construction Performance
Assessing Granite Construction's fundamental ratios provides investors with valuable insights into Granite Construction's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Granite Construction is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Granite Construction performance evaluation
Checking the ongoing alerts about Granite Construction for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Granite Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Granite Construction's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Granite Construction's stock performance include:- Analyzing Granite Construction's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Granite Construction's stock is overvalued or undervalued compared to its peers.
- Examining Granite Construction's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Granite Construction's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Granite Construction's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Granite Construction's stock. These opinions can provide insight into Granite Construction's potential for growth and whether the stock is currently undervalued or overvalued.
Additional 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.