Grand Canyon Education Stock Market Value
| LOPE Stock | USD 142.46 0.20 0.14% |
| Symbol | Grand |
Grand Canyon Education Price To Book Ratio
Is Grand Canyon'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 Grand Canyon. If investors know Grand 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 Grand Canyon 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 0.18 | Earnings Share 7.15 | Revenue Per Share 33.135 | Quarterly Revenue Growth 0.098 | Return On Assets 0.1697 |
The market value of Grand Canyon Education is measured differently than its book value, which is the value of Grand that is recorded on the company's balance sheet. Investors also form their own opinion of Grand Canyon's value that differs from its market value or its book value, called intrinsic value, which is Grand Canyon'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 Grand Canyon's market value can be influenced by many factors that don't directly affect Grand Canyon'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 Grand Canyon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grand Canyon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grand Canyon'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.
Grand Canyon '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 Grand Canyon'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 Grand Canyon.
| 03/04/2024 |
| 06/02/2024 |
If you would invest 0.00 in Grand Canyon on March 4, 2024 and sell it all today you would earn a total of 0.00 from holding Grand Canyon Education or generate 0.0% return on investment in Grand Canyon over 90 days. Grand Canyon is related to or competes with Lincoln Educational, Adtalem Global, Strategic Education, Laureate Education, Afya, Bright Scholar, and Universal Technical. Grand Canyon Education, Inc. provides education services to colleges and universities in the United States More
Grand Canyon 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 Grand Canyon'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 Grand Canyon Education upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | 0.0459 | |||
| Maximum Drawdown | 7.49 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.62 |
Grand Canyon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grand Canyon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grand Canyon's standard deviation. In reality, there are many statistical measures that can use Grand Canyon historical prices to predict the future Grand Canyon's volatility.| Risk Adjusted Performance | 0.0568 | |||
| Jensen Alpha | 0.0683 | |||
| Total Risk Alpha | 0.0225 | |||
| Sortino Ratio | 0.0488 | |||
| Treynor Ratio | 0.1411 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grand Canyon's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Grand Canyon Education Backtested Returns
We consider Grand Canyon very steady. Grand Canyon Education holds Efficiency (Sharpe) Ratio of 0.062, which attests that the entity had a 0.062% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Grand Canyon Education, which you can use to evaluate the volatility of the firm. Please check out Grand Canyon's risk adjusted performance of 0.0568, and Market Risk Adjusted Performance of 0.1511 to validate if the risk estimate we provide is consistent with the expected return of 0.0758%. Grand Canyon has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Grand Canyon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grand Canyon is expected to be smaller as well. Grand Canyon Education right now retains a risk of 1.22%. Please check out Grand Canyon potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Grand Canyon will be following its current trending patterns.
Auto-correlation | -0.08 |
Very weak reverse predictability
Grand Canyon Education has very weak reverse predictability. Overlapping area represents the amount of predictability between Grand Canyon time series from 4th of March 2024 to 18th of April 2024 and 18th of April 2024 to 2nd of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Grand Canyon Education price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Grand Canyon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 51.54 |
Grand Canyon Education lagged returns against current returns
Autocorrelation, which is Grand Canyon 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 Grand Canyon's stock expected returns. We can calculate the autocorrelation of Grand Canyon returns to help us make a trade decision. For example, suppose you find that Grand Canyon 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 |
Grand Canyon 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 Grand Canyon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grand Canyon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grand Canyon stock over time.
Current vs Lagged Prices |
| Timeline |
Grand Canyon Lagged Returns
When evaluating Grand Canyon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grand Canyon stock have on its future price. Grand Canyon 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, Grand Canyon autocorrelation shows the relationship between Grand Canyon stock current value and its past values and can show if there is a momentum factor associated with investing in Grand Canyon Education.
Regressed Prices |
| Timeline |
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 Grand Canyon Education is a strong investment it is important to analyze Grand Canyon'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 Grand Canyon's future performance. For an informed investment choice regarding Grand Stock, refer to the following important reports:Check out Grand Canyon Correlation, Grand Canyon Volatility and Grand Canyon Alpha and Beta module to complement your research on Grand Canyon. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Grand Stock analysis
When running Grand Canyon's price analysis, check to measure Grand Canyon'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 Grand Canyon is operating at the current time. Most of Grand Canyon's value examination focuses on studying past and present price action to predict the probability of Grand Canyon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Canyon's price. Additionally, you may evaluate how the addition of Grand Canyon to your portfolios can decrease your overall portfolio volatility.
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Grand Canyon 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.