Ww Grainger Stock Market Value
| GWW Stock | USD 1,194 0.00 0.00% |
| Symbol | GWW |
WW Grainger Price To Book Ratio
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WW Grainger. If investors know GWW will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WW Grainger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.047 | Dividend Share 7.82 | Earnings Share 36.92 | Revenue Per Share 345.023 | Quarterly Revenue Growth 0.043 |
The market value of WW Grainger is measured differently than its book value, which is the value of GWW that is recorded on the company's balance sheet. Investors also form their own opinion of WW Grainger's value that differs from its market value or its book value, called intrinsic value, which is WW Grainger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WW Grainger's market value can be influenced by many factors that don't directly affect WW Grainger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WW Grainger's value and its price as these two are different measures arrived at by different means. Investors typically determine if WW Grainger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WW Grainger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
WW Grainger 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to WW Grainger's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of WW Grainger.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in WW Grainger on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding WW Grainger or generate 0.0% return on investment in WW Grainger over 180 days. WW Grainger is related to or competes with Watsco, Pool, MSC Industrial, Applied Industrial, DXP Enterprises, Core Main, and SiteOne Landscape. Grainger, Inc. distributes maintenance, repair, and operating products and services in the United States, Japan, Canada,... More
WW Grainger Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure WW Grainger's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess WW Grainger upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9835 | |||
| Information Ratio | 0.1513 | |||
| Maximum Drawdown | 8.66 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 2.52 |
WW Grainger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WW Grainger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WW Grainger's standard deviation. In reality, there are many statistical measures that can use WW Grainger historical prices to predict the future WW Grainger's volatility.| Risk Adjusted Performance | 0.1672 | |||
| Jensen Alpha | 0.1883 | |||
| Total Risk Alpha | 0.1419 | |||
| Sortino Ratio | 0.229 | |||
| Treynor Ratio | 0.2169 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WW Grainger's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
WW Grainger Backtested Returns
WW Grainger appears to be very steady, given 3 months investment horizon. WW Grainger retains Efficiency (Sharpe Ratio) of 0.22, which attests that the company had a 0.22% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for WW Grainger, which you can use to evaluate the volatility of the company. Please utilize WW Grainger's market risk adjusted performance of 0.2269, and Standard Deviation of 1.49 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WW Grainger holds a performance score of 17. The firm owns a Beta (Systematic Risk) of 1.43, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, WW Grainger will likely underperform. Please check WW Grainger's value at risk, and the relationship between the information ratio and kurtosis , to make a quick decision on whether WW Grainger's current price history will revert.
Auto-correlation | 0.84 |
Very good predictability
WW Grainger has very good predictability. Overlapping area represents the amount of predictability between WW Grainger time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WW Grainger price movement. The serial correlation of 0.84 indicates that around 84.0% of current WW Grainger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 5983.14 |
WW Grainger lagged returns against current returns
Autocorrelation, which is WW Grainger stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting WW Grainger's stock expected returns. We can calculate the autocorrelation of WW Grainger returns to help us make a trade decision. For example, suppose you find that WW Grainger has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
WW Grainger regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If WW Grainger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WW Grainger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WW Grainger stock over time.
Current vs Lagged Prices |
| Timeline |
WW Grainger Lagged Returns
When evaluating WW Grainger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WW Grainger stock have on its future price. WW Grainger autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, WW Grainger autocorrelation shows the relationship between WW Grainger stock current value and its past values and can show if there is a momentum factor associated with investing in WW Grainger.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for GWW Stock Analysis
When running WW Grainger's price analysis, check to measure WW Grainger'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 WW Grainger is operating at the current time. Most of WW Grainger's value examination focuses on studying past and present price action to predict the probability of WW Grainger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WW Grainger's price. Additionally, you may evaluate how the addition of WW Grainger to your portfolios can decrease your overall portfolio volatility.