Gms Inc Stock Price on November 25, 2024
If you're considering investing in GMS Stock, it is important to understand the factors that can impact its price. GMS Inc holds Efficiency (Sharpe) Ratio of -0.089, which attests that the entity had a -0.089 % return per unit of volatility over the last 3 months. GMS Inc exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GMS's market risk adjusted performance of (0.24), and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
GMS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GMS |
Sharpe Ratio = -0.089
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Estimated Market Risk
1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GMS 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 GMS by adding GMS to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
GMS Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
GMS Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
GMS January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how GMS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GMS shares will generate the highest return on investment. By undertsting and applying GMS stock market strength indicators, traders can identify GMS Inc entry and exit signals to maximize returns
GMS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GMS's price direction in advance. Along with the technical and fundamental analysis of GMS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GMS 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 | (0.07) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | (0.25) |
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Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Tools for GMS Stock
When running GMS's price analysis, check to measure GMS'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 GMS is operating at the current time. Most of GMS's value examination focuses on studying past and present price action to predict the probability of GMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMS's price. Additionally, you may evaluate how the addition of GMS to your portfolios can decrease your overall portfolio volatility.
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