Great Lakes Dredge Stock Performance

GLDD Stock  USD 8.91  0.21  2.41%   
The company retains a Market Volatility (i.e., Beta) of 1.31, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Great Lakes will likely underperform. At this point, Great Lakes Dredge has a negative expected return of -0.38%. Please make sure to check out Great Lakes' information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if Great Lakes Dredge performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

Very Weak

 
Weak
 
Strong
Over the last 90 days Great Lakes Dredge has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's fundamental indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

Actual Historical Performance (%)

One Day Return
2.41
Five Day Return
12.64
Year To Date Return
(23.58)
Ten Year Return
51.53
All Time Return
38.14
Dividend Date
2012-12-28
Ex Dividend Date
2012-12-19
1
Great Lakes Dredge Dock Ascends While Market Falls Some Facts to Note
12/26/2024
2
Acquisition by Dickerson Lawrence R of 4069 shares of Great Lakes subject to Rule 16b-3
12/31/2024
3
Insider Trading
01/03/2025
4
Great Lakes Dredge Dock Corporations Stock Has Shown Weakness Lately But Financial Prospects Look Decent Is The Market Wrong
01/31/2025
5
What To Expect From Great Lakes Dredge Dock Corp Q4 2024 Earnings
02/18/2025
6
Great Lakes Dredge Dock Corp Q4 2024 Earnings Call Highlights Strong Financial ...
02/19/2025
7
Acquisition by Gunsten Christopher of 3875 shares of Great Lakes at 7.75 subject to Rule 16b-3
03/04/2025
8
With 78 percent ownership, Great Lakes Dredge Dock Corporation boasts of strong institutional backing
03/05/2025
9
Dredging Market Analysis, Size and Growth Outlook 2025-2029 2034 - Rising Global Trade and Energy Sector Demand Propel Dredging Market to New Heights
03/11/2025
10
Great Lakes Dredge Dock to Present at Sidoti Small Cap Virtual Conference on Wednesday, ...
03/12/2025
11
Great Lakes Announces 50 Million Share Repurchase Program
03/14/2025
Begin Period Cash Flow23.8 M
  

Great Lakes Relative Risk vs. Return Landscape

If you would invest  1,143  in Great Lakes Dredge on December 18, 2024 and sell it today you would lose (273.00) from holding Great Lakes Dredge or give up 23.88% of portfolio value over 90 days. Great Lakes Dredge is currently does not generate positive expected returns and assumes 3.6505% risk (volatility on return distribution) over the 90 days horizon. In different words, 32% of stocks are less volatile than Great, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Great Lakes is expected to under-perform the market. In addition to that, the company is 4.29 times more volatile than its market benchmark. It trades about -0.11 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.03 per unit of volatility.

Great Lakes Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Great Lakes' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Great Lakes Dredge, and traders can use it to determine the average amount a Great Lakes' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1054

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Negative ReturnsGLDD

Estimated Market Risk

 3.65
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.38
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Great Lakes 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 Great Lakes by adding Great Lakes to a well-diversified portfolio.

Great Lakes Fundamentals Growth

Great Stock prices reflect investors' perceptions of the future prospects and financial health of Great Lakes, and Great Lakes fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Great Stock performance.

About Great Lakes Performance

By analyzing Great Lakes' fundamental ratios, stakeholders can gain valuable insights into Great Lakes' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Great Lakes has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Great Lakes has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 18.10  21.97 
Return On Tangible Assets 0.05  0.05 
Return On Capital Employed 0.09  0.06 
Return On Assets 0.05  0.05 
Return On Equity 0.13  0.13 

Things to note about Great Lakes Dredge performance evaluation

Checking the ongoing alerts about Great Lakes for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Great Lakes Dredge help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Great Lakes Dredge generated a negative expected return over the last 90 days
Great Lakes Dredge has high historical volatility and very poor performance
Over 86.0% of the company shares are owned by institutional investors
Latest headline from globenewswire.com: Great Lakes Announces 50 Million Share Repurchase Program
Evaluating Great Lakes' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Great Lakes' stock performance include:
  • Analyzing Great Lakes' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Great Lakes' stock is overvalued or undervalued compared to its peers.
  • Examining Great Lakes' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Great Lakes' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Great Lakes' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Great Lakes' stock. These opinions can provide insight into Great Lakes' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Great Lakes' stock performance is not an exact science, and many factors can impact Great Lakes' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Great Stock analysis

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