Graco Inc Stock Market Value
| GGG Stock | USD 83.89 1.15 1.39% |
| Symbol | Graco |
Graco Inc Price To Book Ratio
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Graco. If investors know Graco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Graco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 1.04 | Earnings Share 2.82 | Revenue Per Share | Quarterly Revenue Growth (0.03) |
The market value of Graco Inc is measured differently than its book value, which is the value of Graco that is recorded on the company's balance sheet. Investors also form their own opinion of Graco's value that differs from its market value or its book value, called intrinsic value, which is Graco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Graco's market value can be influenced by many factors that don't directly affect Graco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Graco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Graco 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Graco's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Graco.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Graco on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Graco Inc or generate 0.0% return on investment in Graco over 90 days. Graco is related to or competes with Franklin Electric, Ametek, Flowserve, Donaldson, IDEX, ITT, and Ingersoll Rand. Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray ... More
Graco Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Graco's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Graco Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0265 | |||
| Maximum Drawdown | 4.96 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 1.6 |
Graco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Graco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Graco's standard deviation. In reality, there are many statistical measures that can use Graco historical prices to predict the future Graco's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | 0.0097 | |||
| Total Risk Alpha | 0.0961 | |||
| Treynor Ratio | (0.13) |
Graco Inc Backtested Returns
Graco Inc holds Efficiency (Sharpe) Ratio of -0.0441, which attests that the entity had a -0.0441 % return per unit of standard deviation over the last 3 months. Graco Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Graco's market risk adjusted performance of (0.12), and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.84, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Graco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Graco is expected to be smaller as well. At this point, Graco Inc has a negative expected return of -0.0557%. Please make sure to check out Graco's maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if Graco Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.44 |
Modest reverse predictability
Graco Inc has modest reverse predictability. Overlapping area represents the amount of predictability between Graco time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Graco Inc price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Graco price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.76 |
Graco Inc lagged returns against current returns
Autocorrelation, which is Graco stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Graco's stock expected returns. We can calculate the autocorrelation of Graco returns to help us make a trade decision. For example, suppose you find that Graco has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Graco regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Graco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Graco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Graco stock over time.
Current vs Lagged Prices |
| Timeline |
Graco Lagged Returns
When evaluating Graco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Graco stock have on its future price. Graco autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Graco autocorrelation shows the relationship between Graco stock current value and its past values and can show if there is a momentum factor associated with investing in Graco Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Graco Inc is a strong investment it is important to analyze Graco's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Graco's future performance. For an informed investment choice regarding Graco Stock, refer to the following important reports:Check out Graco Correlation, Graco Volatility and Graco Alpha and Beta module to complement your research on Graco. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Graco 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.