Construction Partners Stock Price on October 30, 2024
ROAD Stock | USD 76.39 4.21 5.22% |
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 76.39, as last reported on the 26th of March, with the highest price reaching 80.47 and the lowest price hitting 75.48 during the day. Construction Partners secures Sharpe Ratio (or Efficiency) of -0.0767, which signifies that the company had a -0.0767 % return per unit of risk over the last 3 months. Construction Partners exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Construction Partners' Mean Deviation of 2.42, risk adjusted performance of (0.06), and Standard Deviation of 3.19 to double-check the risk estimate we provide.
Construction Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Construction |
Sharpe Ratio = -0.0767
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Estimated Market Risk
3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Construction Partners 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 Construction Partners by adding Construction Partners to a well-diversified portfolio.
Construction Partners Valuation on October 30, 2024
It is possible to determine the worth of Construction Partners on a given historical date. On October 30, 2024 Construction was worth 79.79 at the beginning of the trading date compared to the closed value of 79.94. 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 | |
78.49 | 80.74 | 78.49 | 80.08 | 219,941 | |
10/30/2024 | 79.79 | 81.55 | 79.25 | 79.94 | 221,855 |
79.50 | 79.97 | 78.10 | 78.73 | 292,947 |
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Construction Partners Trading Date Momentum on October 30, 2024
On October 31 2024 Construction Partners was traded for 78.73 at the closing time. The top price for the day was 79.97 and the lowest listed price was 78.10 . The trading volume for the day was 292.9 K. The trading history from October 31, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.51% . The overall trading delta against the current closing price is 19.71% . |
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.
Price Boundaries
Construction Partners Period Price Range
Low | March 26, 2025
| High |
0.00 | 0.00 |
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 March 26, 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.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | (0.24) |
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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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