Construction Partners Stock Price on September 26, 2024

ROAD Stock  USD 87.82  0.64  0.72%   
If you're considering investing in Construction Stock, it is important to understand the factors that can impact its price. As of today, the current price of Construction Partners stands at 87.82, as last reported on the 2nd of January, with the highest price reaching 91.37 and the lowest price hitting 86.84 during the day. Construction Partners appears to be very steady, given 3 months investment horizon. Construction Partners secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Construction Partners, which you can use to evaluate the volatility of the firm. Please makes use of Construction Partners' Risk Adjusted Performance of 0.1217, mean deviation of 2.04, and Downside Deviation of 2.18 to double-check if our risk estimates are consistent with your expectations.
  
Construction Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1419

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Estimated Market Risk

 3.11
  actual daily
27
73% of assets are more volatile

Expected Return

 0.44
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Construction Partners is performing at about 11% 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 Construction Partners by adding it to a well-diversified portfolio.

Construction Partners Valuation on September 26, 2024

It is possible to determine the worth of Construction Partners on a given historical date. On September 26, 2024 Construction was worth 71.65 at the beginning of the trading date compared to the closed value of 69.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Construction Partners stock. Still, in general, we apply an absolute valuation method to find Construction Partners' 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 Construction Partners where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Construction Partners' related companies.
 Open High Low Close Volume
  71.02    71.69    70.20    70.42    235,262  
09/26/2024
  71.65    71.79    69.67    69.79    186,921  
  70.17    70.88    68.70    69.58    265,767  
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Open Value
71.65
69.79
Closing Value
80.99
Upside

Construction Partners Trading Date Momentum on September 26, 2024

On September 27 2024 Construction Partners was traded for  69.58  at the closing time. The top price for the day was 70.88  and the lowest listed price was  68.70 . The trading volume for the day was 265.8 K. The trading history from September 27, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.30% . The overall trading delta against the current closing price is 2.75% .

Construction Partners Fundamentals Correlations and Trends

By evaluating Construction Partners' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Construction Partners' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Construction financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Construction Partners Stock history

Construction Partners 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 Construction is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Construction Partners 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 Construction Partners stock prices may prove useful in developing a viable investing in Construction Partners
Construction Partners, Inc., a civil infrastructure company, engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, and South Carolina. Construction Partners, Inc. was incorporated in 1999 and is headquartered in Dothan, Alabama. Construction Partners operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 3800 people.

Construction Partners Stock Technical Analysis

Construction Partners 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.
A focus of Construction Partners technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Construction Partners trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Construction Partners Period Price Range

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January 2, 2025
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Construction Partners cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Construction Partners January 2, 2025 Market Strength

Market strength indicators help investors to evaluate how Construction Partners stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Construction Partners shares will generate the highest return on investment. By undertsting and applying Construction Partners stock market strength indicators, traders can identify Construction Partners entry and exit signals to maximize returns

Construction Partners Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Construction Partners' price direction in advance. Along with the technical and fundamental analysis of Construction Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Construction 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.

Complementary Tools for Construction Stock analysis

When running Construction Partners' price analysis, check to measure Construction Partners' 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 Construction Partners is operating at the current time. Most of Construction Partners' value examination focuses on studying past and present price action to predict the probability of Construction Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Construction Partners' price. Additionally, you may evaluate how the addition of Construction Partners to your portfolios can decrease your overall portfolio volatility.
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