Construction Partners Stock Price on September 19, 2024
| ROAD Stock | USD 101.14 1.62 1.63% |
Below is the normalized historical share price chart for Construction Partners extending back to May 04, 2018. 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 Construction Partners stands at 101.14, as last reported on the 28th of November, with the highest price reaching 101.48 and the lowest price hitting 98.70 during the day.
If you're considering investing in Construction Stock, it is important to understand the factors that can impact its price. Construction Partners appears to be very steady, given 3 months investment horizon. Construction Partners secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. By analyzing Construction Partners' technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please makes use of Construction Partners' Mean Deviation of 2.37, downside deviation of 2.48, and Risk Adjusted Performance of 0.1711 to double-check if our risk estimates are consistent with your expectations.
At present, Construction Partners' Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.01, whereas Common Stock Total Equity is forecasted to decline to about 57.5 K. . At present, Construction Partners' Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 31.39, whereas Price Earnings Ratio is forecasted to decline to 30.58. Construction Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of May 2018 | 200 Day MA 62.0673 | 50 Day MA 80.323 | Beta 0.653 |
Construction |
Sharpe Ratio = 0.2124
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Estimated Market Risk
| 3.42 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Construction Partners is performing at about 16% 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 Construction Partners by adding it to a well-diversified portfolio.
Price Book 9.6924 | Enterprise Value Ebitda 29.5922 | Price Sales 3.1583 | Shares Float 42.1 M | Wall Street Target Price 100.6 |
Construction Partners Valuation on September 19, 2024
It is possible to determine the worth of Construction Partners on a given historical date. On September 19, 2024 Construction was worth 74.6 at the beginning of the trading date compared to the closed value of 76.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Construction Partners stock. Still, in general, we apply an absolute valuation method to find Construction Partners' 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 Construction Partners where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Construction Partners' related companies.
| Open | High | Low | Close | Volume | |
| 71.55 | 74.00 | 70.71 | 71.44 | 440,209 | |
09/19/2024 | 74.60 | 76.44 | 72.36 | 76.29 | 458,000 |
| 76.41 | 76.73 | 72.44 | 72.53 | 751,043 |
| Backtest Construction Partners | | | Construction Partners History | | | Construction Partners Valuation | Previous | Next |
Construction Partners Trading Date Momentum on September 19, 2024
| On September 20 2024 Construction Partners was traded for 72.53 at the closing time. The top price for the day was 76.73 and the lowest listed price was 72.44 . The trading volume for the day was 751 K. The trading history from September 20, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.93% . The overall trading delta against the current closing price is 9.57% . |
Construction Partners Fundamentals Correlations and Trends
By evaluating Construction Partners' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Construction Partners' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Construction financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Construction Partners Stock history
Construction Partners 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 Construction is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Construction Partners 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 Construction Partners stock prices may prove useful in developing a viable investing in Construction Partners
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 52.6 M | 56.1 M | |
| Net Income Applicable To Common Shares | 19.2 M | 25.6 M |
Construction Partners Quarterly Net Working Capital |
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Construction Partners Stock Technical Analysis
Construction Partners 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
Construction Partners Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Construction Partners cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Construction Partners November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Construction Partners stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Construction Partners shares will generate the highest return on investment. By undertsting and applying Construction Partners stock market strength indicators, traders can identify Construction Partners entry and exit signals to maximize returns
Construction Partners Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Construction Partners' price direction in advance. Along with the technical and fundamental analysis of Construction Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Construction 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 | 0.1711 | |||
| Jensen Alpha | 0.4334 | |||
| Total Risk Alpha | 0.2015 | |||
| Sortino Ratio | 0.2394 | |||
| Treynor Ratio | 0.2961 |
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Complementary Tools for Construction Stock analysis
When running Construction Partners' price analysis, check to measure Construction Partners' 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 Construction Partners is operating at the current time. Most of Construction Partners' value examination focuses on studying past and present price action to predict the probability of Construction Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Construction Partners' price. Additionally, you may evaluate how the addition of Construction Partners to your portfolios can decrease your overall portfolio volatility.
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