Grocery Outlet Holding Stock Price on February 10, 2022
| GO Stock | USD 26.66 0.10 0.38% |
Below is the normalized historical share price chart for Grocery Outlet Holding extending back to June 20, 2019. 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 Grocery Outlet stands at 26.66, as last reported on the 18th of April 2024, with the highest price reaching 27.15 and the lowest price hitting 26.43 during the day.
If you're considering investing in Grocery Stock, it is important to understand the factors that can impact its price. We consider Grocery Outlet very steady. Grocery Outlet Holding holds Efficiency (Sharpe) Ratio of 0.036, which attests that the entity had a 0.036% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Grocery Outlet Holding, which you can use to evaluate the volatility of the firm. Please check out Grocery Outlet's Risk Adjusted Performance of 0.0028, market risk adjusted performance of (0.01), and Standard Deviation of 1.7 to validate if the risk estimate we provide is consistent with the expected return of 0.0593%.
As of the 18th of April 2024, Capital Stock is likely to grow to about 99.9 K, while Total Stockholder Equity is likely to drop about 788.4 M. . At this time, Grocery Outlet's Price Cash Flow Ratio is very stable compared to the past year. As of the 18th of April 2024, Price Sales Ratio is likely to grow to 1.05, while Price Earnings Ratio is likely to drop 47.46. Grocery Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of June 2019 | 200 Day MA 28.6654 | 50 Day MA 26.6472 | Beta 0.099 |
Grocery |
Sharpe Ratio = 0.036
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Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Grocery Outlet is performing at about 2% 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 Grocery Outlet by adding it to a well-diversified portfolio.
Price Book 2.1402 | Enterprise Value Ebitda 18.0932 | Price Sales 0.6572 | Shares Float 91 M | Wall Street Target Price 31.27 |
Grocery Outlet Valuation on February 10, 2022
It is possible to determine the worth of Grocery Outlet on a given historical date. On February 10, 2022 Grocery was worth 33.63 at the beginning of the trading date compared to the closed value of 33.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grocery Outlet stock. Still, in general, we apply an absolute valuation method to find Grocery Outlet'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 Grocery Outlet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grocery Outlet's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 33.63 | 34.10 | 33.19 | 33.78 | 1,259,200 |
| 33.90 | 34.49 | 33.54 | 34.21 | 593,000 |
| Backtest Grocery Outlet | | | Grocery Outlet History | | | Grocery Outlet Valuation | Next |
Grocery Outlet Trading Date Momentum on February 10, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Grocery Outlet Holding Fundamentals Correlations and Trends
By evaluating Grocery Outlet'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 Grocery Outlet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grocery financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grocery Outlet Stock history
Grocery Outlet 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 Grocery is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grocery Outlet Holding 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 Grocery Outlet stock prices may prove useful in developing a viable investing in Grocery Outlet
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 100.8 M | 96.7 M | |
| Net Income Applicable To Common Shares | 74.8 M | 46.5 M |
Grocery Outlet Quarterly Net Working Capital |
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Grocery Outlet Stock Technical Analysis
Grocery Outlet 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
Grocery Outlet Period Price Range
Low | April 4, 2022
| High |
33.63 | 33.78 |
Grocery Outlet April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Grocery Outlet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grocery Outlet shares will generate the highest return on investment. By undertsting and applying Grocery Outlet stock market strength indicators, traders can identify Grocery Outlet Holding entry and exit signals to maximize returns
| Accumulation Distribution | 33603.28 | |||
| Daily Balance Of Power | 0.1648 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 33.64 | |||
| Day Typical Price | 33.69 | |||
| Price Action Indicator | 0.21 | |||
| Period Momentum Indicator | (7.12) |
Grocery Outlet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grocery Outlet's price direction in advance. Along with the technical and fundamental analysis of Grocery Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grocery 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 | 0.0028 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.02) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grocery Outlet Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Grocery Stock analysis
When running Grocery Outlet's price analysis, check to measure Grocery Outlet'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 Grocery Outlet is operating at the current time. Most of Grocery Outlet's value examination focuses on studying past and present price action to predict the probability of Grocery Outlet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grocery Outlet's price. Additionally, you may evaluate how the addition of Grocery Outlet to your portfolios can decrease your overall portfolio volatility.
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Is Grocery Outlet'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 Grocery Outlet. If investors know Grocery 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 Grocery Outlet 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 (0.12) | Earnings Share 0.79 | Revenue Per Share 40.214 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0274 |
The market value of Grocery Outlet Holding is measured differently than its book value, which is the value of Grocery that is recorded on the company's balance sheet. Investors also form their own opinion of Grocery Outlet's value that differs from its market value or its book value, called intrinsic value, which is Grocery Outlet'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 Grocery Outlet's market value can be influenced by many factors that don't directly affect Grocery Outlet'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 Grocery Outlet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grocery Outlet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grocery Outlet'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.