Gray Television Stock Performance
| GTNA Stock | USD 7.62 0.24 3.25% |
On a scale of 0 to 100, Gray Television holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of -0.93, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Gray Television are expected to decrease slowly. On the other hand, during market turmoil, Gray Television is expected to outperform it slightly. Please check Gray Television's semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to make a quick decision on whether Gray Television's current trending patterns will revert.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Gray Television are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Gray Television sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Gray Television Shares Gap Down to 7.82 - MarketBeat | 09/03/2024 |
| Gray Television dividend paid on 13th of September 2024 | 09/13/2024 |
2 | Is Most-Watched Stock Gray Television, Inc. Worth Betting on Now - Yahoo Finance | 09/25/2024 |
| Gray Television dividend paid on 30th of September 2024 | 09/30/2024 |
3 | Squarepoint Ops LLC Increases Stake in Gray Television, Inc. - MarketBeat | 10/08/2024 |
4 | Gray Television Shares at Decade Low as Ad Revenue Slows - MarketWatch | 11/08/2024 |
5 | Gray Television makes progress on debt reduction - Seeking Alpha | 11/20/2024 |
| Price Earnings Ratio | 1.9715 | |
| Total Cashflows From Investing Activities | -503 M |
Gray |
Gray Television Relative Risk vs. Return Landscape
If you would invest 777.00 in Gray Television on August 27, 2024 and sell it today you would lose (15.00) from holding Gray Television or give up 1.93% of portfolio value over 90 days. Gray Television is currently generating 0.2533% in daily expected returns and assumes 7.7491% risk (volatility on return distribution) over the 90 days horizon. In different words, 69% of stocks are less volatile than Gray, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Gray Television Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gray Television's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gray Television, and traders can use it to determine the average amount a Gray Television'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 = 0.0327
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Estimated Market Risk
| 7.75 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Gray Television is performing at about 2% 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 Gray Television by adding it to a well-diversified portfolio.
Gray Television Fundamentals Growth
Gray Stock prices reflect investors' perceptions of the future prospects and financial health of Gray Television, and Gray Television 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 Gray Stock performance.
| Return On Equity | 0.11 | ||||
| Revenue | 3.68 B | ||||
| Net Income | 455 M | ||||
| Total Debt | 8.39 B | ||||
| Cash Flow From Operations | 829 M | ||||
| Earnings Per Share | 2.32 X | ||||
| Market Capitalization | 852.28 M | ||||
| Total Asset | 11.15 B | ||||
| Retained Earnings | 1.24 B | ||||
About Gray Television Performance
By analyzing Gray Television's fundamental ratios, stakeholders can gain valuable insights into Gray Television's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Gray Television 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 Gray Television has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 120.48 | 145.38 | |
| Return On Tangible Assets | 0.03 | 0.02 | |
| Return On Capital Employed | 0.06 | 0.07 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.11 | 0.12 |
Things to note about Gray Television performance evaluation
Checking the ongoing alerts about Gray Television for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gray Television help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gray Television had very high historical volatility over the last 90 days | |
| Gray Television is unlikely to experience financial distress in the next 2 years | |
| Gray Television has a strong financial position based on the latest SEC filings | |
| On 30th of September 2024 Gray Television paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Gray Television makes progress on debt reduction - Seeking Alpha |
- Analyzing Gray Television'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 Gray Television's stock is overvalued or undervalued compared to its peers.
- Examining Gray Television'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 Gray Television's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gray Television's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gray Television's stock. These opinions can provide insight into Gray Television's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Gray Stock analysis
When running Gray Television's price analysis, check to measure Gray Television'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 Gray Television is operating at the current time. Most of Gray Television's value examination focuses on studying past and present price action to predict the probability of Gray Television's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gray Television's price. Additionally, you may evaluate how the addition of Gray Television to your portfolios can decrease your overall portfolio volatility.
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