Granite Real Estate Stock Performance
| GRT-UN Stock | CAD 70.19 0.64 0.90% |
The company retains a Market Volatility (i.e., Beta) of 0.41, 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. At this point, Granite Real Estate has a negative expected return of -0.0818%. Please make sure to check out Granite Real's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Granite Real Estate performance from the past will be repeated at some point in the near future.
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. Despite somewhat strong basic indicators, Granite Real is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 135.1 M |
Granite |
Granite Real Relative Risk vs. Return Landscape
If you would invest 7,415 in Granite Real Estate on November 3, 2024 and sell it today you would lose (396.00) from holding Granite Real Estate or give up 5.34% of portfolio value over 90 days. Granite Real Estate is generating negative expected returns and assumes 1.1667% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Granite, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
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 = -0.0701
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| Negative Returns | GRT-UN |
Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 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.
| Return On Equity | 0.057 | ||||
| Return On Asset | 0.0283 | ||||
| Profit Margin | 0.56 % | ||||
| Operating Margin | 0.75 % | ||||
| Current Valuation | 7.33 B | ||||
| Shares Outstanding | 62.74 M | ||||
| Price To Earning | 7.48 X | ||||
| Price To Book | 0.80 X | ||||
| Price To Sales | 8.07 X | ||||
| Revenue | 521.25 M | ||||
| EBITDA | 203.14 M | ||||
| Cash And Equivalents | 496.86 M | ||||
| Cash Per Share | 10.05 X | ||||
| Total Debt | 3.1 B | ||||
| Debt To Equity | 46.60 % | ||||
| Book Value Per Share | 86.80 X | ||||
| Cash Flow From Operations | 313.18 M | ||||
| Earnings Per Share | 4.88 X | ||||
| Total Asset | 9.07 B | ||||
| Retained Earnings | 1.63 B | ||||
About Granite Real Performance
By analyzing Granite Real's fundamental ratios, stakeholders can gain valuable insights into Granite Real's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Granite Real has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Granite Real has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of industrial, warehouse and logistics properties in North America and Europe. Granite owns 85 investment properties representing approximately 35 million square feet of leasable area. GRANITE REAL operates under REIT - Industrial classification in Canada and is traded on Toronto Stock Exchange. It employs 44 people.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.| Granite Real Estate generated a negative expected return over the last 90 days | |
| About 73.0% of the company shares are owned by institutional investors |
- 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.
Complementary 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.
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