Granite Construction Incorporated Stock Alpha and Beta Analysis
| GVA Stock | USD 81.90 0.28 0.34% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Granite Construction Incorporated. It also helps investors analyze the systematic and unsystematic risks associated with investing in Granite Construction over a specified time horizon. Remember, high Granite Construction's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Granite Construction's market risk premium analysis include:
Beta 0.8 | Alpha (0.25) | Risk 1.53 | Sharpe Ratio (0.21) | Expected Return (0.32) |
Granite Construction Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Granite |
Granite Construction Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Granite Construction market risk premium is the additional return an investor will receive from holding Granite Construction long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Granite Construction. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Granite Construction's performance over market.| α | -0.25 | β | 0.80 |
Granite Construction expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Granite Construction's Buy-and-hold return. Our buy-and-hold chart shows how Granite Construction performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Granite Construction Market Price Analysis
Market price analysis indicators help investors to evaluate how Granite Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Granite Construction shares will generate the highest return on investment. By understating and applying Granite Construction stock market price indicators, traders can identify Granite Construction position entry and exit signals to maximize returns.
Granite Construction Return and Market Media
The median price of Granite Construction for the period between Thu, Nov 28, 2024 and Wed, Feb 26, 2025 is 90.15 with a coefficient of variation of 5.29. The daily time series for the period is distributed with a sample standard deviation of 4.83, arithmetic mean of 91.26, and mean deviation of 4.06. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 5435 shares by Celeste Mastin of Granite Construction at 97.44 subject to Rule 16b-3 | 12/12/2024 |
2 | Disposition of 2933 shares by Kyle Larkin of Granite Construction at 54.44 subject to Rule 16b-3 | 01/10/2025 |
3 | Granite Announces 71 Million Rail Yard Expansion Project at Fort Bliss, Texas | 01/21/2025 |
4 | Acquisition by Alan Krusi of 2255 shares of Granite Construction subject to Rule 16b-3 | 01/24/2025 |
5 | Granite Construction Still Attractive On Growth And Margin Expansion - Seeking Alpha | 01/30/2025 |
6 | Granite Construction Inc Secures 78 Million Caltrans Project in Orange County | 02/11/2025 |
7 | What To Expect From Granite Construction Inc Q4 2024 Earnings | 02/12/2025 |
8 | Granite Construction Issues Quarterly Earnings Results, Misses Estimates By 0.19 EPS | 02/13/2025 |
9 | Certuity LLC Purchases Shares of 2,650 Granite Construction Incorporated | 02/14/2025 |
10 | Empower Advisory Group LLC Has 26.34 Million Stock Position in Granite Construction Incorporated | 02/18/2025 |
11 | Disposition of 2500 shares by James Radich of Granite Construction at 87.14 subject to Rule 16b-3 | 02/20/2025 |
12 | Is Now The Time To Put Granite Construction On Your Watchlist | 02/24/2025 |
About Granite Construction Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Granite or other stocks. Alpha measures the amount that position in Granite Construction has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0102 | 0.005932 | 0.005635 | Price To Sales Ratio | 0.64 | 0.96 | 1.01 |
Granite Construction Upcoming Company Events
As portrayed in its financial statements, the presentation of Granite Construction's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Granite Construction's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Granite Construction's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Granite Construction. Please utilize our Beneish M Score to check the likelihood of Granite Construction's management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Granite Construction
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Granite Construction Backtesting, Granite Construction Valuation, Granite Construction Correlation, Granite Construction Hype Analysis, Granite Construction Volatility, Granite Construction History and analyze Granite Construction Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Granite Construction 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.