Granite Real Estate Stock Performance
| GRP-U Stock | USD 54.44 1.17 2.20% |
The company retains a Market Volatility (i.e., Beta) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Granite Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Granite Real is expected to be smaller as well. Granite Real Estate right now retains a risk of 2.79%. Please check out Granite Real value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Granite Real will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days Granite Real Estate has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Granite Real is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Forward Dividend Yield 0.0126 |
| Granite Real dividend paid on 16th of September 2024 | 09/16/2024 |
1 | Granite REIT Announces C800 Million Offering of Senior Unsecured Debentures | 10/02/2024 |
2 | Granite Real Estate Investment Trust Shares Up 8.31 percent on Oct 14 | 10/14/2024 |
| Granite Real dividend paid on 15th of October 2024 | 10/15/2024 |
3 | Granite Real Estate Investment Trust Stock Price Up 3.58 percent on Oct 29 | 10/29/2024 |
4 | Granite Announces 2024 Third Quarter Results and a 3.03 percent Distribution Increase Commencing in December 2024 | 11/06/2024 |
5 | Granite Real Estate Investment Trust GRP. ... | 11/08/2024 |
| Granite Real dividend paid on 15th of November 2024 | 11/15/2024 |
| Dividend Yield | 0.0126 |
Granite |
Granite Real Relative Risk vs. Return Landscape
If you would invest 5,572 in Granite Real Estate on September 2, 2024 and sell it today you would lose (128.00) from holding Granite Real Estate or give up 2.3% of portfolio value over 90 days. Granite Real Estate is currently producing 0.0011% returns and takes up 2.7944% volatility of returns over 90 trading days. Put another way, 24% of traded stocks are less volatile than Granite, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Granite Real Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Granite Real's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Granite Real Estate, and traders can use it to determine the average amount a Granite Real'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 = 4.0E-4
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| Negative Returns | GRP-U |
Estimated Market Risk
| 2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.0 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.
Granite Real Fundamentals Growth
Granite Stock prices reflect investors' perceptions of the future prospects and financial health of Granite Real, and Granite Real 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.
| Shares Outstanding | 49 M | ||||
| Price To Earning | 10.25 X | ||||
| EBITDA | 143.79 M | ||||
| Cash And Equivalents | 119.91 M | ||||
| Cash Per Share | 2.55 X | ||||
| Total Debt | 424.98 M | ||||
| Debt To Equity | 0.31 % | ||||
| Book Value Per Share | 29.39 X | ||||
| Cash Flow From Operations | 128.2 M | ||||
About Granite Real Performance
Assessing Granite Real's fundamental ratios provides investors with valuable insights into Granite Real's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Granite Real 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.
Granite Real Estate Investment Trust owns and manages industrial, warehouse, and logistics properties in North America and Europe.Things to note about Granite Real Estate performance evaluation
Checking the ongoing alerts about Granite Real for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Granite Real Estate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| On 15th of November 2024 Granite Real paid $ 0.1994 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: Granite REIT Declares Distribution for November 2024 |
- Analyzing Granite Real'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 Real's stock is overvalued or undervalued compared to its peers.
- Examining Granite Real'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 Real's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Granite Real's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Granite Real's stock. These opinions can provide insight into Granite Real's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Granite Stock Analysis
When running Granite Real's price analysis, check to measure Granite Real'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 Real is operating at the current time. Most of Granite Real's value examination focuses on studying past and present price action to predict the probability of Granite Real'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 Real's price. Additionally, you may evaluate how the addition of Granite Real to your portfolios can decrease your overall portfolio volatility.