Guardant Graham Number from 2010 to 2024

GH Stock  USD 35.61  0.51  1.45%   
Guardant Health's Graham Number is increasing with slightly volatile movements from year to year. Graham Number is estimated to finish at 13.04 this year. For the period between 2010 and 2024, Guardant Health, Graham Number quarterly trend regression had mean deviation of  6.97 and range of 27.5616. View All Fundamentals
 
Graham Number  
First Reported
2010-12-31
Previous Quarter
11.68308533
Current Value
13.04
Quarterly Volatility
9.2398029
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Guardant Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guardant Health's main balance sheet or income statement drivers, such as Tax Provision of 719.2 K, Net Interest Income of 34.4 M or Interest Income of 37.1 M, as well as many indicators such as Price To Sales Ratio of 5.1, Dividend Yield of 0.0022 or PTB Ratio of 13.78. Guardant financial statements analysis is a perfect complement when working with Guardant Health Valuation or Volatility modules.
  
Check out the analysis of Guardant Health Correlation against competitors.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.

Latest Guardant Health's Graham Number Growth Pattern

Below is the plot of the Graham Number of Guardant Health over the last few years. It is Guardant Health's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Guardant Health's overall financial position and show how it may be relating to other accounts over time.
Graham Number10 Years Trend
Slightly volatile
   Graham Number   
       Timeline  

Guardant Graham Number Regression Statistics

Arithmetic Mean11.19
Geometric Mean8.37
Coefficient Of Variation82.59
Mean Deviation6.97
Median9.21
Standard Deviation9.24
Sample Variance85.37
Range27.5616
R-Value0.56
Mean Square Error62.85
R-Squared0.32
Significance0.03
Slope1.16
Total Sum of Squares1,195

Guardant Graham Number History

2024 13.04
2023 11.68
2022 9.21
2021 23.32
2020 27.51
2019 12.19
2018 31.63

About Guardant Health Financial Statements

Investors use fundamental indicators, such as Guardant Health's Graham Number, to determine how well the company is positioned to perform in the future. Although Guardant Health's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Graham Number 11.68  13.04 

Currently Active Assets on Macroaxis

Check out the analysis of Guardant Health Correlation against competitors.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Health Care Providers & Services space 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 Guardant Health. If investors know Guardant 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 Guardant Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.28)
Revenue Per Share
5.7
Quarterly Revenue Growth
0.339
Return On Assets
(0.16)
Return On Equity
(6.09)
The market value of Guardant Health is measured differently than its book value, which is the value of Guardant that is recorded on the company's balance sheet. Investors also form their own opinion of Guardant Health's value that differs from its market value or its book value, called intrinsic value, which is Guardant Health'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 Guardant Health's market value can be influenced by many factors that don't directly affect Guardant Health'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 Guardant Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardant Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardant Health'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.