Grendene (Brazil) Performance
| GRND3 Stock | BRL 5.72 0.06 1.06% |
On a scale of 0 to 100, Grendene holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grendene's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grendene is expected to be smaller as well. Please check Grendene's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Grendene's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Grendene SA are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Grendene unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 19.2 M | |
| Total Cashflows From Investing Activities | 133.8 M |
Grendene |
Grendene Relative Risk vs. Return Landscape
If you would invest 514.00 in Grendene SA on November 3, 2024 and sell it today you would earn a total of 58.00 from holding Grendene SA or generate 11.28% return on investment over 90 days. Grendene SA is generating 0.2032% of daily returns and assumes 2.1195% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Grendene, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Grendene Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grendene's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Grendene SA, and traders can use it to determine the average amount a Grendene'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 = 0.0959
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Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Grendene is performing at about 7% 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 Grendene by adding it to a well-diversified portfolio.
Grendene Fundamentals Growth
Grendene Stock prices reflect investors' perceptions of the future prospects and financial health of Grendene, and Grendene 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 Grendene Stock performance.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.041 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 4.31 B | |||
| Shares Outstanding | 901.69 M | |||
| Price To Earning | 13.63 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 2.17 X | |||
| Revenue | 2.34 B | |||
| EBITDA | 649.79 M | |||
| Cash And Equivalents | 22.15 M | |||
| Cash Per Share | 2.13 X | |||
| Total Debt | 66.13 M | |||
| Debt To Equity | 3.50 % | |||
| Book Value Per Share | 4.74 X | |||
| Cash Flow From Operations | 556.4 M | |||
| Earnings Per Share | 0.66 X | |||
| Total Asset | 4.55 B | |||
| Retained Earnings | 1.53 B | |||
| Current Asset | 2.29 B | |||
| Current Liabilities | 249 M | |||
About Grendene Performance
Assessing Grendene's fundamental ratios provides investors with valuable insights into Grendene's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Grendene 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.
Grendene S.A. develops, manufactures, distributes, and sells footwear for men, women, and children primarily in Brazil. Grendene S.A. was founded in 1971 and is headquartered in Sobral, Brazil. GRENDENE operates under Footwear Accessories classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 20240 people.Things to note about Grendene SA performance evaluation
Checking the ongoing alerts about Grendene for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Grendene SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 70.0% of the company shares are held by company insiders |
- Analyzing Grendene'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 Grendene's stock is overvalued or undervalued compared to its peers.
- Examining Grendene'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 Grendene's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grendene's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Grendene's stock. These opinions can provide insight into Grendene's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Grendene Stock Analysis
When running Grendene's price analysis, check to measure Grendene'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 Grendene is operating at the current time. Most of Grendene's value examination focuses on studying past and present price action to predict the probability of Grendene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grendene's price. Additionally, you may evaluate how the addition of Grendene to your portfolios can decrease your overall portfolio volatility.