Graco Inc Stock Price on August 8, 2024
GGG Stock | USD 86.21 1.22 1.40% |
If you're considering investing in Graco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Graco stands at 86.21, as last reported on the 18th of December 2024, with the highest price reaching 87.76 and the lowest price hitting 86.21 during the day. Graco Inc holds Efficiency (Sharpe) Ratio of -0.0264, which attests that the entity had a -0.0264% return per unit of standard deviation over the last 3 months. Graco Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Graco's risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
Graco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Graco |
Sharpe Ratio = -0.0264
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Estimated Market Risk
1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Graco 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 Graco by adding Graco to a well-diversified portfolio.
Graco Valuation on August 8, 2024
It is possible to determine the worth of Graco on a given historical date. On August 8, 2024 Graco was worth 79.55 at the beginning of the trading date compared to the closed value of 79.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Graco stock. Still, in general, we apply an absolute valuation method to find Graco's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Graco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Graco's related companies.
Open | High | Low | Close | Volume | |
79.71 | 80.63 | 78.53 | 78.81 | 1,160,382 | |
08/08/2024 | 79.55 | 80.17 | 79.18 | 79.88 | 591,030 |
79.95 | 80.40 | 78.94 | 79.85 | 624,324 |
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Graco Trading Date Momentum on August 8, 2024
On August 09 2024 Graco Inc was traded for 79.85 at the closing time. Highest Graco's price during the trading hours was 80.40 and the lowest price during the day was 78.94 . The net volume was 624.3 K. The overall trading history on the 9th of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.04% . The overall trading delta to current price is 0.89% . |
Graco Inc Fundamentals Correlations and Trends
By evaluating Graco's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Graco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Graco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Graco Stock history
Graco investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Graco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Graco Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Graco stock prices may prove useful in developing a viable investing in Graco
Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota. Graco operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 3800 people.
Graco Stock Technical Analysis
Graco technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Graco Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
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Graco December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Graco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Graco shares will generate the highest return on investment. By undertsting and applying Graco stock market strength indicators, traders can identify Graco Inc entry and exit signals to maximize returns
Graco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Graco's price direction in advance. Along with the technical and fundamental analysis of Graco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Graco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (0.04) |
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Volume Indicators |
Complementary Tools for Graco Stock analysis
When running Graco's price analysis, check to measure Graco'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 Graco is operating at the current time. Most of Graco's value examination focuses on studying past and present price action to predict the probability of Graco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Graco's price. Additionally, you may evaluate how the addition of Graco to your portfolios can decrease your overall portfolio volatility.
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