Ww Grainger Stock Technical Analysis
| GWW Stock | USD 951.70 1.78 0.19% |
As of the 18th of April 2024, WW Grainger owns the standard deviation of 1.41, and Market Risk Adjusted Performance of 0.189. WW Grainger technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the company's future prices. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for WW Grainger, which can be compared to its peers in the sector. Please check out WW Grainger standard deviation, as well as the relationship between the value at risk and kurtosis to decide if WW Grainger is priced fairly, providing market reflects its prevailing price of 951.7 per share. Given that WW Grainger has jensen alpha of 0.1382, we strongly advise you to confirm WW Grainger's latest market performance to make sure the company can sustain itself at some future date.
WW Grainger Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as GWW, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GWWGWW |
WW Grainger Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 778.1 | Buy | 18 | Odds |
Most GWW analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand GWW stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of WW Grainger, talking to its executives and customers, or listening to GWW conference calls.
WW Grainger 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.
WW Grainger Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of WW Grainger volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WW Grainger Trend Analysis
Use this graph to draw trend lines for WW Grainger. You can use it to identify possible trend reversals for WW Grainger as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual WW Grainger price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WW Grainger Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WW Grainger applied against its price change over selected period. The best fit line has a slop of 1.64 , which may imply that WW Grainger will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 101744.95, which is the sum of squared deviations for the predicted WW Grainger price change compared to its average price change.About WW Grainger Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of WW Grainger on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of WW Grainger based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on WW Grainger price pattern first instead of the macroeconomic environment surrounding WW Grainger. By analyzing WW Grainger's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of WW Grainger's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to WW Grainger specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0133 | 0.0131 | 0.00948 | 0.0122 | Price To Sales Ratio | 2.07 | 1.86 | 2.51 | 2.63 |
WW Grainger April 18, 2024 Technical Indicators
Most technical analysis of GWW help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for GWW from various momentum indicators to cycle indicators. When you analyze GWW charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.093 | |||
| Market Risk Adjusted Performance | 0.189 | |||
| Mean Deviation | 1.0 | |||
| Semi Deviation | 1.01 | |||
| Downside Deviation | 1.18 | |||
| Coefficient Of Variation | 720.4 | |||
| Standard Deviation | 1.41 | |||
| Variance | 1.98 | |||
| Information Ratio | 0.0994 | |||
| Jensen Alpha | 0.1382 | |||
| Total Risk Alpha | 0.0838 | |||
| Sortino Ratio | 0.119 | |||
| Treynor Ratio | 0.179 | |||
| Maximum Drawdown | 8.86 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.18 | |||
| Downside Variance | 1.38 | |||
| Semi Variance | 1.02 | |||
| Expected Short fall | (1.19) | |||
| Skewness | 0.7264 | |||
| Kurtosis | 2.88 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WW Grainger. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy GWW Stock please use our How to Invest in WW Grainger guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for GWW Stock analysis
When running WW Grainger's price analysis, check to measure WW Grainger'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 WW Grainger is operating at the current time. Most of WW Grainger's value examination focuses on studying past and present price action to predict the probability of WW Grainger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WW Grainger's price. Additionally, you may evaluate how the addition of WW Grainger to your portfolios can decrease your overall portfolio volatility.
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Is WW Grainger'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 WW Grainger. If investors know GWW 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 WW Grainger 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 0.046 | Dividend Share 7.3 | Earnings Share 36.26 | Revenue Per Share 330.22 | Quarterly Revenue Growth 0.051 |
The market value of WW Grainger is measured differently than its book value, which is the value of GWW that is recorded on the company's balance sheet. Investors also form their own opinion of WW Grainger's value that differs from its market value or its book value, called intrinsic value, which is WW Grainger'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 WW Grainger's market value can be influenced by many factors that don't directly affect WW Grainger'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 WW Grainger's value and its price as these two are different measures arrived at by different means. Investors typically determine if WW Grainger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WW Grainger'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.