Great Lakes Dredge Stock Performance
| GLDD Stock | USD 8.70 0.05 0.58% |
The company retains a Market Volatility (i.e., Beta) of 1.19, 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 -0.39%. Please make sure to check out Great Lakes' skewness, day typical price, and the relationship between the maximum drawdown 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
| Begin Period Cash Flow | 23.8 M |
Great |
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 3.6814% 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 |
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 = -0.1063
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| Negative Returns | GLDD |
Estimated Market Risk
| 3.68 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.39 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.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0475 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 1.12 B | ||||
| Shares Outstanding | 67.28 M | ||||
| Price To Earning | 11.73 X | ||||
| Price To Book | 1.30 X | ||||
| Price To Sales | 0.76 X | ||||
| Revenue | 762.69 M | ||||
| EBITDA | 92.81 M | ||||
| Cash And Equivalents | 75.42 M | ||||
| Cash Per Share | 1.14 X | ||||
| Total Debt | 545.92 M | ||||
| Debt To Equity | 0.97 % | ||||
| Book Value Per Share | 6.67 X | ||||
| Cash Flow From Operations | 70.06 M | ||||
| Earnings Per Share | 0.84 X | ||||
| Total Asset | 1.26 B | ||||
| Retained Earnings | 127.48 M | ||||
| Current Asset | 329.73 M | ||||
| Current Liabilities | 205.69 M | ||||
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.
Great Lakes Dredge Dock Corporation provides dredging services in the United States. Great Lakes Dredge Dock Corporation was founded in 1890 and is headquartered in Houston, Texas. Great Lakes operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 421 people.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 |
- 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.
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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