Gorman Rupp Stock Market Value
| GRC Stock | USD 36.74 0.75 2.08% |
| Symbol | Gorman |
Gorman Rupp Price To Book Ratio
Is Gorman Rupp'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 Gorman Rupp. If investors know Gorman 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 Gorman Rupp 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 2.778 | Dividend Share 0.705 | Earnings Share 1.34 | Revenue Per Share 25.197 | Quarterly Revenue Growth 0.1 |
The market value of Gorman Rupp is measured differently than its book value, which is the value of Gorman that is recorded on the company's balance sheet. Investors also form their own opinion of Gorman Rupp's value that differs from its market value or its book value, called intrinsic value, which is Gorman Rupp'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 Gorman Rupp's market value can be influenced by many factors that don't directly affect Gorman Rupp'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 Gorman Rupp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gorman Rupp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gorman Rupp'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.
Gorman Rupp '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 Gorman Rupp'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 Gorman Rupp.
| 03/01/2023 |
| 04/24/2024 |
If you would invest 0.00 in Gorman Rupp on March 1, 2023 and sell it all today you would earn a total of 0.00 from holding Gorman Rupp or generate 0.0% return on investment in Gorman Rupp over 420 days. Gorman Rupp is related to or competes with Emerson Electric, Eaton PLC, Generac Holdings, Cummins, and Rockwell Automation. The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally More
Gorman Rupp 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 Gorman Rupp'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 Gorman Rupp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.0438 | |||
| Maximum Drawdown | 8.95 | |||
| Value At Risk | (2.49) | |||
| Potential Upside | 2.63 |
Gorman Rupp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gorman Rupp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gorman Rupp's standard deviation. In reality, there are many statistical measures that can use Gorman Rupp historical prices to predict the future Gorman Rupp's volatility.| Risk Adjusted Performance | 0.0662 | |||
| Jensen Alpha | 0.0102 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.049 | |||
| Treynor Ratio | 0.0849 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gorman Rupp'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.
Gorman Rupp Backtested Returns
We consider Gorman Rupp very steady. Gorman Rupp holds Efficiency (Sharpe) Ratio of 0.0898, which attests that the entity had a 0.0898% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gorman Rupp, which you can use to evaluate the volatility of the firm. Please check out Gorman Rupp's Downside Deviation of 1.49, market risk adjusted performance of 0.0949, and Risk Adjusted Performance of 0.0662 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Gorman Rupp has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.79, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gorman Rupp will likely underperform. Gorman Rupp right now retains a risk of 1.65%. Please check out Gorman Rupp expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Gorman Rupp will be following its current trending patterns.
Auto-correlation | 0.83 |
Very good predictability
Gorman Rupp has very good predictability. Overlapping area represents the amount of predictability between Gorman Rupp time series from 1st of March 2023 to 27th of September 2023 and 27th of September 2023 to 24th of April 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 Gorman Rupp price movement. The serial correlation of 0.83 indicates that around 83.0% of current Gorman Rupp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 7.76 |
Gorman Rupp lagged returns against current returns
Autocorrelation, which is Gorman Rupp 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 Gorman Rupp's stock expected returns. We can calculate the autocorrelation of Gorman Rupp returns to help us make a trade decision. For example, suppose you find that Gorman Rupp 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 |
Gorman Rupp 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 Gorman Rupp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gorman Rupp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gorman Rupp stock over time.
Current vs Lagged Prices |
| Timeline |
Gorman Rupp Lagged Returns
When evaluating Gorman Rupp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gorman Rupp stock have on its future price. Gorman Rupp 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, Gorman Rupp autocorrelation shows the relationship between Gorman Rupp stock current value and its past values and can show if there is a momentum factor associated with investing in Gorman Rupp.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gorman Rupp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gorman Rupp's short interest history, or implied volatility extrapolated from Gorman Rupp options trading.
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Try AI Portfolio ArchitectCheck out Gorman Rupp Correlation, Gorman Rupp Volatility and Gorman Rupp Alpha and Beta module to complement your research on Gorman Rupp. For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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When running Gorman Rupp's price analysis, check to measure Gorman Rupp'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 Gorman Rupp is operating at the current time. Most of Gorman Rupp's value examination focuses on studying past and present price action to predict the probability of Gorman Rupp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gorman Rupp's price. Additionally, you may evaluate how the addition of Gorman Rupp to your portfolios can decrease your overall portfolio volatility.
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Gorman Rupp 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.