Gms Inc Stock Statistic Functions Beta

GMS Stock  USD 96.85  0.30  0.31%   
GMS statistic functions tool provides the execution environment for running the Beta function and other technical functions against GMS. GMS value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. GMS statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on GMS Inc correlated with the market. If Beta is less than 0 GMS generally moves in the opposite direction as compared to the market. If GMS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GMS Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GMS is generally in the same direction as the market. If Beta > 1 GMS moves generally in the same direction as, but more than the movement of the benchmark.

GMS Technical Analysis Modules

Most technical analysis of GMS help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for GMS from various momentum indicators to cycle indicators. When you analyze GMS charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About GMS Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GMS Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of GMS Inc based on widely used predictive technical indicators. In general, we focus on analyzing GMS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GMS's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of GMS's intrinsic value. In addition to deriving basic predictive indicators for GMS, we also check how macroeconomic factors affect GMS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 (projected)
Dividend Yield0.0011290.230.2
Price To Sales Ratio0.450.460.53
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GMS'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.
Hype
Prediction
LowEstimatedHigh
95.4796.8698.25
Details
Intrinsic
Valuation
LowRealHigh
75.3476.73106.54
Details
Naive
Forecast
LowNextHigh
96.7398.1299.51
Details
7 Analysts
Consensus
LowTargetHigh
71.7978.8987.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GMS. Your research has to be compared to or analyzed against GMS's peers to derive any actionable benefits. When done correctly, GMS's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in GMS Inc.

Align your values with your investing style

In addition to having GMS in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Blockchain Idea
Blockchain
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested a lot of shares
Impulse Idea
Impulse
Invested over 100 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
FinTech Idea
FinTech
Invested over 40 shares
Momentum Idea
Momentum
Invested few shares
ESG Investing Idea
ESG Investing
Invested few shares
Disruptive Technologies Idea
Disruptive Technologies
Invested over 100 shares
Dividend Beast Idea
Dividend Beast
Invested over 70 shares
Millennials Best Idea
Millennials Best
Invested over 30 shares
When determining whether GMS Inc is a strong investment it is important to analyze GMS'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 GMS's future performance. For an informed investment choice regarding GMS Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMS 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 population.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for GMS Stock analysis

When running GMS's price analysis, check to measure GMS'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 GMS is operating at the current time. Most of GMS's value examination focuses on studying past and present price action to predict the probability of GMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMS's price. Additionally, you may evaluate how the addition of GMS to your portfolios can decrease your overall portfolio volatility.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Is GMS'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 GMS. If investors know GMS 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 GMS 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
(0.16)
Earnings Share
7.05
Revenue Per Share
132.882
Quarterly Revenue Growth
0.019
Return On Assets
0.0884
The market value of GMS Inc is measured differently than its book value, which is the value of GMS that is recorded on the company's balance sheet. Investors also form their own opinion of GMS's value that differs from its market value or its book value, called intrinsic value, which is GMS'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 GMS's market value can be influenced by many factors that don't directly affect GMS'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 GMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if GMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GMS'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.