Grendene (Brazil) Performance
| GRND3 Stock | BRL 6.16 0.09 1.44% |
The company retains a Market Volatility (i.e., Beta) of 1.0, which attests to a somewhat significant risk relative to the market. Grendene returns are very sensitive to returns on the market. As the market goes up or down, Grendene is expected to follow. Grendene SA has an expected return of -0.0989%. Please make sure to check out Grendene coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Grendene SA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Grendene SA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Grendene is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 19.2 M | |
| Total Cashflows From Investing Activities | 133.8 M |
Grendene |
Grendene Relative Risk vs. Return Landscape
If you would invest 659.00 in Grendene SA on February 2, 2024 and sell it today you would lose (43.00) from holding Grendene SA or give up 6.53% of portfolio value over 90 days. Grendene SA is generating negative expected returns and assumes 1.5352% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Grendene, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Grendene Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grendene's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Grendene SA, and traders can use it to determine the average amount a Grendene's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0644
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GRND3 |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Grendene is not performing at its full potential. However, 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 Grendene by adding Grendene to a well-diversified portfolio.
Grendene Fundamentals Growth
Grendene Stock prices reflect investors' perceptions of the future prospects and financial health of Grendene, and Grendene fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Grendene Stock performance.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.041 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 4.31 B | |||
| Shares Outstanding | 901.69 M | |||
| Price To Earning | 13.63 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 2.17 X | |||
| Revenue | 2.34 B | |||
| EBITDA | 649.79 M | |||
| Cash And Equivalents | 22.15 M | |||
| Cash Per Share | 2.13 X | |||
| Total Debt | 66.13 M | |||
| Debt To Equity | 3.50 % | |||
| Book Value Per Share | 4.74 X | |||
| Cash Flow From Operations | 556.4 M | |||
| Earnings Per Share | 0.66 X | |||
| Total Asset | 4.55 B | |||
| Retained Earnings | 1.53 B | |||
| Current Asset | 2.29 B | |||
| Current Liabilities | 249 M | |||
About Grendene Performance
To evaluate Grendene SA Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Grendene generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Grendene Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Grendene SA market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Grendene's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Grendene S.A. develops, manufactures, distributes, and sells footwear for men, women, and children primarily in Brazil. Grendene S.A. was founded in 1971 and is headquartered in Sobral, Brazil. GRENDENE operates under Footwear Accessories classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 20240 people.Things to note about Grendene SA performance evaluation
Checking the ongoing alerts about Grendene for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Grendene SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Grendene SA generated a negative expected return over the last 90 days | |
| About 70.0% of the company shares are held by company insiders |
- Analyzing Grendene's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Grendene's stock is overvalued or undervalued compared to its peers.
- Examining Grendene's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Grendene's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grendene's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Grendene's stock. These opinions can provide insight into Grendene's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grendene SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Grendene SA information on this page should be used as a complementary analysis to other Grendene's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Grendene Stock analysis
When running Grendene's price analysis, check to measure Grendene'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 Grendene is operating at the current time. Most of Grendene's value examination focuses on studying past and present price action to predict the probability of Grendene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grendene's price. Additionally, you may evaluate how the addition of Grendene to your portfolios can decrease your overall portfolio volatility.
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