Gitlab Inc Stock Performance
| GTLB Stock | USD 53.86 0.03 0.06% |
The company retains a Market Volatility (i.e., Beta) of 2.19, 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, Gitlab will likely underperform. Gitlab Inc has an expected return of -0.18%. Please make sure to check out Gitlab accumulation distribution, and the relationship between the potential upside and day median price , to decide if Gitlab Inc 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 Gitlab Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest uncertain performance, the Stock's essential indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Actual Historical Performance (%)
One Day Return (5.68) | Five Day Return (8.11) | Year To Date Return (10.34) | Ten Year Return (48.19) | All Time Return (48.19) |
1 | Conversion by Robin Schulman of 15712 shares of Gitlab | 02/01/2024 |
2 | Sale by Robin Schulman of 30543 shares of Gitlab | 02/08/2024 |
3 | Conversion by Sytse Sijbrandij of 380000 shares of Gitlab | 02/16/2024 |
4 | GitLab Non-GAAP EPS of 0.15 beats by 0.07, revenue of 163.8M beats by 5.54M | 03/04/2024 |
5 | GitLab Issues Earnings Results | 03/06/2024 |
6 | Disposition of 8694 shares by Sytse Sijbrandij of Gitlab at 54.21 subject to Rule 16b-3 | 03/15/2024 |
7 | Disposition of 75000 shares by Sytse Sijbrandij of Gitlab at 55.19 subject to Rule 16b-3 | 03/18/2024 |
8 | Gitlabs chief accounting officer sells shares worth over 57,000 | 03/25/2024 |
9 | Acquisition by Robin Schulman of 56218 shares of Gitlab subject to Rule 16b-3 | 03/28/2024 |
10 | Disposition of 2093 shares by Robins Brian G of Gitlab at 58.01 subject to Rule 16b-3 | 04/01/2024 |
11 | Eficode appoints Hans Parvikoski as Chief Financial Officer - Marketscreener.com | 04/02/2024 |
12 | Bull Signal Flashing For Losing Tech Giant | 04/03/2024 |
13 | Disposition of 1145143 shares by Jacobson Matthew of Gitlab subject to Rule 16b-3 | 04/09/2024 |
14 | Winners And Losers Of Q4 Cloudflare Vs The Rest Of The Software Development Stocks | 04/10/2024 |
15 | Heres Why GitLab Inc. Fell More Than Broader Market | 04/12/2024 |
| Begin Period Cash Flow | 297.9 M |
Gitlab |
Gitlab Relative Risk vs. Return Landscape
If you would invest 6,346 in Gitlab Inc on January 17, 2024 and sell it today you would lose (963.00) from holding Gitlab Inc or give up 15.17% of portfolio value over 90 days. Gitlab Inc is currently does not generate positive expected returns and assumes 3.7776% risk (volatility on return distribution) over the 90 days horizon. In different words, 33% of stocks are less volatile than Gitlab, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Gitlab Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gitlab's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gitlab Inc, and traders can use it to determine the average amount a Gitlab'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 = -0.049
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GTLB |
Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gitlab 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 Gitlab by adding Gitlab to a well-diversified portfolio.
Gitlab Fundamentals Growth
Gitlab Stock prices reflect investors' perceptions of the future prospects and financial health of Gitlab, and Gitlab 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 Gitlab Stock performance.
| Return On Equity | -0.59 | ||||
| Return On Asset | -0.0902 | ||||
| Profit Margin | (0.73) % | ||||
| Operating Margin | (0.21) % | ||||
| Current Valuation | 7.55 B | ||||
| Shares Outstanding | 130.2 M | ||||
| Price To Book | 15.85 X | ||||
| Price To Sales | 15.61 X | ||||
| Revenue | 579.91 M | ||||
| Gross Profit | 372.66 M | ||||
| EBITDA | (170.75 M) | ||||
| Net Income | (424.17 M) | ||||
| Cash And Equivalents | 930.19 M | ||||
| Cash Per Share | 6.25 X | ||||
| Total Debt | 1.13 M | ||||
| Current Ratio | 4.31 X | ||||
| Book Value Per Share | 3.62 X | ||||
| Cash Flow From Operations | 35.04 M | ||||
| Earnings Per Share | (2.75) X | ||||
| Market Capitalization | 8.54 B | ||||
| Total Asset | 1.32 B | ||||
| Retained Earnings | (1.15 B) | ||||
| Working Capital | 618.84 M | ||||
About Gitlab Performance
To evaluate Gitlab Inc 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 Gitlab 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 Gitlab 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 Gitlab Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Gitlab'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00000615 | 0.000006 | |
| Return On Tangible Assets | (0.32) | (0.34) | |
| Return On Capital Employed | (0.27) | (0.28) | |
| Return On Assets | (0.32) | (0.34) | |
| Return On Equity | (0.74) | (0.71) |
Things to note about Gitlab Inc performance evaluation
Checking the ongoing alerts about Gitlab for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gitlab Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gitlab Inc generated a negative expected return over the last 90 days | |
| Gitlab Inc has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 579.91 M. Net Loss for the year was (424.17 M) with profit before overhead, payroll, taxes, and interest of 372.66 M. | |
| Gitlab Inc has a poor financial position based on the latest SEC disclosures | |
| About 69.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Heres Why GitLab Inc. Fell More Than Broader Market |
- Analyzing Gitlab'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 Gitlab's stock is overvalued or undervalued compared to its peers.
- Examining Gitlab'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 Gitlab's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gitlab's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gitlab's stock. These opinions can provide insight into Gitlab'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 Gitlab Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Gitlab Stock analysis
When running Gitlab's price analysis, check to measure Gitlab'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 Gitlab is operating at the current time. Most of Gitlab's value examination focuses on studying past and present price action to predict the probability of Gitlab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gitlab's price. Additionally, you may evaluate how the addition of Gitlab to your portfolios can decrease your overall portfolio volatility.
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Is Gitlab'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 Gitlab. If investors know Gitlab 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 Gitlab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.75) | Revenue Per Share 3.759 | Quarterly Revenue Growth 0.333 | Return On Assets (0.09) | Return On Equity (0.59) |
The market value of Gitlab Inc is measured differently than its book value, which is the value of Gitlab that is recorded on the company's balance sheet. Investors also form their own opinion of Gitlab's value that differs from its market value or its book value, called intrinsic value, which is Gitlab'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 Gitlab's market value can be influenced by many factors that don't directly affect Gitlab'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 Gitlab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gitlab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gitlab'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.