Gildan Activewear Stock Price on February 27, 2024
| GIL Stock | USD 35.97 0.17 0.47% |
Below is the normalized historical share price chart for Gildan Activewear extending back to June 17, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gildan Activewear stands at 35.97, as last reported on the 22nd of May, with the highest price reaching 35.97 and the lowest price hitting 35.97 during the day.
If you're considering investing in Gildan Stock, it is important to understand the factors that can impact its price. We consider Gildan Activewear very steady. Gildan Activewear holds Efficiency (Sharpe) Ratio of 0.0245, which attests that the entity had a 0.0245% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gildan Activewear, which you can use to evaluate the volatility of the firm. Please check out Gildan Activewear's Risk Adjusted Performance of 0.029, market risk adjusted performance of 0.2817, and Downside Deviation of 1.26 to validate if the risk estimate we provide is consistent with the expected return of 0.045%.
At this time, Gildan Activewear's Common Stock Shares Outstanding is quite stable compared to the past year. Common Stock is expected to rise to about 284.8 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 1.8 B. . At this time, Gildan Activewear's Price Book Value Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 1.17 this year, although the value of Price Earnings Ratio will most likely fall to 10.15. Gildan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of June 1998 | 200 Day MA 32.7453 | 50 Day MA 35.405 | Beta 1.629 |
Gildan |
Sharpe Ratio = 0.0245
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| Negative Returns | GIL |
Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Gildan Activewear is performing at about 1% of its full potential. 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 Gildan Activewear by adding it to a well-diversified portfolio.
Price Book 3.0666 | Enterprise Value Ebitda 9.4693 | Price Sales 1.8907 | Shares Float 149.1 M | Dividend Share 0.763 |
Gildan Activewear Valuation on February 27, 2024
It is possible to determine the worth of Gildan Activewear on a given historical date. On February 27, 2024 Gildan was worth 34.99 at the beginning of the trading date compared to the closed value of 34.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gildan Activewear stock. Still, in general, we apply an absolute valuation method to find Gildan Activewear's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gildan Activewear where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gildan Activewear's related companies.
| Open | High | Low | Close | Volume | |
| 35.42 | 35.48 | 34.71 | 34.71 | 691,467 | |
02/27/2024 | 34.99 | 35.12 | 34.48 | 34.51 | 567,352 |
| 34.40 | 35.02 | 34.05 | 34.70 | 414,649 |
| Backtest Gildan Activewear | | | Gildan Activewear History | | | Gildan Activewear Valuation | Previous | Next |
Gildan Activewear Trading Date Momentum on February 27, 2024
| On February 28 2024 Gildan Activewear was traded for 34.70 at the closing time. Highest Gildan Activewear's price during the trading hours was 35.02 and the lowest price during the day was 34.05 . The net volume was 414.6 K. The overall trading history on the 28th of February contributed to the next trading period price upswing. The overall trading delta to the next next day price was 0.55% . The overall trading delta to current price is 0.29% . |
Gildan Activewear Fundamentals Correlations and Trends
By evaluating Gildan Activewear's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gildan Activewear's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gildan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gildan Activewear Stock history
Gildan Activewear investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gildan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gildan Activewear will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gildan Activewear stock prices may prove useful in developing a viable investing in Gildan Activewear
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 176.2 M | 241.3 M | |
| Net Income Applicable To Common Shares | 622.8 M | 653.9 M |
Gildan Activewear Quarterly Net Working Capital |
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Gildan Activewear Stock Technical Analysis
Gildan Activewear 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.
Price Boundaries
Gildan Activewear Period Price Range
Low | February 27, 2024
| High |
34.99 | 34.51 |
Gildan Activewear May 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Gildan Activewear stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gildan Activewear shares will generate the highest return on investment. By undertsting and applying Gildan Activewear stock market strength indicators, traders can identify Gildan Activewear entry and exit signals to maximize returns
Gildan Activewear Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gildan Activewear's price direction in advance. Along with the technical and fundamental analysis of Gildan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gildan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.029 | |||
| Jensen Alpha | 0.0464 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2717 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gildan Activewear. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Gildan Stock analysis
When running Gildan Activewear's price analysis, check to measure Gildan Activewear'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 Gildan Activewear is operating at the current time. Most of Gildan Activewear's value examination focuses on studying past and present price action to predict the probability of Gildan Activewear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gildan Activewear's price. Additionally, you may evaluate how the addition of Gildan Activewear to your portfolios can decrease your overall portfolio volatility.
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Is Gildan Activewear'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 Gildan Activewear. If investors know Gildan 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 Gildan Activewear 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 (0.14) | Dividend Share 0.763 | Earnings Share 2.97 | Revenue Per Share 18.404 | Quarterly Revenue Growth (0.01) |
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear'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 Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear'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 Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear'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.