Granite Construction Stock Forecast - Standard Deviation
| GVA Stock | USD 62.21 0.62 1.01% |
Granite Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Granite Construction stock prices and determine the direction of Granite Construction Incorporated's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Granite Construction's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Granite Construction to cross-verify your projections. Granite |
Most investors in Granite Construction cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Granite Construction's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Granite Construction's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Granite Construction Volatility | Backtest Granite Construction | Information Ratio |
Granite Construction Trading Date Momentum
| On May 20 2024 Granite Construction Incorporated was traded for 62.21 at the closing time. Highest Granite Construction's price during the trading hours was 62.49 and the lowest price during the day was 61.54 . There was no trading activity during the period 0.0. Lack of trading volume on the 20th of May did not cause price change. The overall trading delta to current price is 0.45% . |
| Compare Granite Construction to competition |
Other Forecasting Options for Granite Construction
For every potential investor in Granite, whether a beginner or expert, Granite Construction's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Granite Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Granite. Basic forecasting techniques help filter out the noise by identifying Granite Construction's price trends.Granite Construction Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Granite Construction stock to make a market-neutral strategy. Peer analysis of Granite Construction could also be used in its relative valuation, which is a method of valuing Granite Construction by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Granite Construction Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Granite Construction's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Granite Construction's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Granite Construction Market Strength Events
Market strength 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 undertsting and applying Granite Construction stock market strength indicators, traders can identify Granite Construction Incorporated entry and exit signals to maximize returns.
Granite Construction Risk Indicators
The analysis of Granite Construction's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Granite Construction's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting granite stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.07 | |||
| Semi Deviation | 0.7932 | |||
| Standard Deviation | 1.4 | |||
| Variance | 1.95 | |||
| Downside Variance | 1.32 | |||
| Semi Variance | 0.6291 | |||
| Expected Short fall | (1.34) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Granite Construction offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Granite Construction's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Granite Construction Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Granite Construction Incorporated Stock:Check out Historical Fundamental Analysis of Granite Construction to cross-verify your projections. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Granite Stock analysis
When running Granite Construction's price analysis, check to measure Granite Construction's 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 Granite Construction is operating at the current time. Most of Granite Construction's value examination focuses on studying past and present price action to predict the probability of Granite Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Construction's price. Additionally, you may evaluate how the addition of Granite Construction to your portfolios can decrease your overall portfolio volatility.
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Is Granite Construction's industry 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 Granite Construction. If investors know Granite 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 Granite Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Granite Construction is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Construction's value that differs from its market value or its book value, called intrinsic value, which is Granite Construction'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 Granite Construction's market value can be influenced by many factors that don't directly affect Granite Construction'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 Granite Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Construction'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.