Granite Real Estate Stock Price on February 5, 2024
| GRT-UN Stock | CAD 71.29 0.81 1.15% |
Below is the normalized historical share price chart for Granite Real Estate extending back to August 20, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Granite Real stands at 71.29, as last reported on the 25th of December, with the highest price reaching 71.29 and the lowest price hitting 70.45 during the day.
If you're considering investing in Granite Stock, it is important to understand the factors that can impact its price. Granite Real Estate holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of standard deviation over the last 3 months. Granite Real Estate exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Granite Real's market risk adjusted performance of (0.52), and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
At present, Granite Real's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 9.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 54.7 M. . At present, Granite Real's Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 18.74, whereas Price To Sales Ratio is forecasted to decline to 5.18. Granite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 73.4688 | 50 Day MA 74.879 | Beta 1.181 |
Granite |
Sharpe Ratio = -0.1608
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Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 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.
Price Book 0.812 | Enterprise Value Ebitda 17.513 | Price Sales 8.1183 | Shares Float 62.5 M | Dividend Share 3.288 |
Granite Real Valuation on February 5, 2024
It is possible to determine the worth of Granite Real on a given historical date. On February 5, 2024 Granite was worth 71.92 at the beginning of the trading date compared to the closed value of 71.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Granite Real stock. Still, in general, we apply an absolute valuation method to find Granite Real'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 Granite Real where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Granite Real's related companies.
| Open | High | Low | Close | Volume | |
| 71.23 | 72.30 | 70.41 | 72.00 | 85,235 | |
02/05/2024 | 71.92 | 71.92 | 70.91 | 71.37 | 53,114 |
| 71.18 | 72.65 | 71.18 | 72.56 | 154,518 |
| Backtest Granite Real | | | Granite Real History | | | Granite Real Valuation | Previous | Next |
Granite Real Trading Date Momentum on February 5, 2024
| On February 06 2024 Granite Real Estate was traded for 72.56 at the closing time. The highest price during the trading period was 72.65 and the lowest recorded bid was listed for 71.18 . The volume for the day was 154.5 K. This history from February 6, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.67% . The overall trading delta to the current price is 1.98% . |
Granite Real Estate Fundamentals Correlations and Trends
By evaluating Granite Real'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 Granite Real's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Granite financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Granite Real Stock history
Granite Real 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 Granite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Granite Real Estate 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 Granite Real stock prices may prove useful in developing a viable investing in Granite Real
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 63.4 M | 54.7 M | |
| Net Income Applicable To Common Shares | 179.1 M | 170.2 M |
Granite Real Stock Technical Analysis
Granite Real 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
Granite Real Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Granite Real Estate cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Granite Real December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Granite Real stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Granite Real shares will generate the highest return on investment. By undertsting and applying Granite Real stock market strength indicators, traders can identify Granite Real Estate entry and exit signals to maximize returns
Granite Real Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Granite Real's price direction in advance. Along with the technical and fundamental analysis of Granite Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Granite 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 | (0.12) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.53) |
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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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