Graco Inc Stock Chance of Future Stock Price Finishing Under 86.10
| GGG Stock | USD 84.66 0.05 0.06% |
Graco |
Graco Target Price Odds to finish below 86.10
The tendency of Graco Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 86.10 after 90 days |
| 84.66 | 90 days | 86.10 | about 40.96 |
Based on a normal probability distribution, the odds of Graco to stay under $ 86.10 after 90 days from now is about 40.96 (This Graco Inc probability density function shows the probability of Graco Stock to fall within a particular range of prices over 90 days) . Probability of Graco Inc price to stay between its current price of $ 84.66 and $ 86.10 at the end of the 90-day period is about 18.04 .
Considering the 90-day investment horizon Graco has a beta of 0.32. This usually indicates as returns on the market go up, Graco average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Graco Inc will be expected to be much smaller as well. Additionally Graco Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Graco Price Density |
| Price |
Predictive Modules for Graco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Graco Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Graco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Graco is not an exception. The market had few large corrections towards the Graco's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Graco Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Graco within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0081 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 2.82 | |
Ir | Information ratio | -0.03 |
Graco Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Graco for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Graco Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Graco Inc generated a negative expected return over the last 90 days | |
| Over 89.0% of the company shares are owned by institutional investors | |
| On 6th of November 2024 Graco paid $ 0.255 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Graco Publishes Latest Environmental, Social and Governance Report |
Graco Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Graco Stock often depends not only on the future outlook of the current and potential Graco's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Graco's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 172.2 M | |
| Cash And Short Term Investments | 538 M |
Graco Technical Analysis
Graco's future price can be derived by breaking down and analyzing its technical indicators over time. Graco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Graco Inc. In general, you should focus on analyzing Graco Stock price patterns and their correlations with different microeconomic environments and drivers.
Graco Predictive Forecast Models
Graco's time-series forecasting models is one of many Graco's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Graco's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Graco Inc
Checking the ongoing alerts about Graco for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Graco Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Graco Inc generated a negative expected return over the last 90 days | |
| Over 89.0% of the company shares are owned by institutional investors | |
| On 6th of November 2024 Graco paid $ 0.255 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Graco Publishes Latest Environmental, Social and Governance Report |
Check out Graco Backtesting, Graco Valuation, Graco Correlation, Graco Hype Analysis, Graco Volatility, Graco History as well as Graco Performance. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Industrial Machinery & Supplies & Components 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 Graco. If investors know Graco 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 Graco 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 (0.08) | Dividend Share 1.02 | Earnings Share 2.83 | Revenue Per Share 12.64 | Quarterly Revenue Growth (0.04) |
The market value of Graco Inc is measured differently than its book value, which is the value of Graco that is recorded on the company's balance sheet. Investors also form their own opinion of Graco's value that differs from its market value or its book value, called intrinsic value, which is Graco'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 Graco's market value can be influenced by many factors that don't directly affect Graco'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 Graco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graco'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.