Gildan Activewear (Germany) Price on January 12, 2024
| VGA Stock | EUR 45.20 0.40 0.88% |
If you're considering investing in Gildan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gildan Activewear stands at 45.20, as last reported on the 12th of December 2024, with the highest price reaching 45.20 and the lowest price hitting 45.20 during the day. Gildan Activewear appears to be very steady, given 3 months investment horizon. Gildan Activewear holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gildan Activewear, which you can use to evaluate the volatility of the firm. Please utilize Gildan Activewear's Market Risk Adjusted Performance of 0.3243, risk adjusted performance of 0.1418, and Downside Deviation of 1.15 to validate if our risk estimates are consistent with your expectations.
Gildan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gildan |
Sharpe Ratio = 0.186
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Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Gildan Activewear is performing at about 14% 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 Gildan Activewear by adding it to a well-diversified portfolio.
Gildan Activewear Valuation on January 12, 2024
It is possible to determine the worth of Gildan Activewear on a given historical date. On January 12, 2024 Gildan was worth 27.95 at the beginning of the trading date compared to the closed value of 27.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gildan Activewear stock. Still, in general, we apply an absolute valuation method to find Gildan Activewear'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 Gildan Activewear where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gildan Activewear's related companies.
| Open | High | Low | Close | Volume | |
| 27.95 | 27.95 | 27.56 | 27.56 | 1.00 | |
01/12/2024 | 27.95 | 27.95 | 27.76 | 27.76 | 1.00 |
| 27.95 | 27.95 | 27.95 | 27.95 | 1.00 |
| Backtest Gildan Activewear | | | Gildan Activewear History | | | Gildan Activewear Valuation | Previous | Next |
Gildan Activewear Trading Date Momentum on January 12, 2024
| On January 15 2024 Gildan Activewear was traded for 27.95 at the closing time. The highest daily price throughout the period was 27.95 and the lowest price was 27.95 . There was no trading activity during the period 1.0. Lack of trading volume on 01/15/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 0.68% . The overall trading delta to current closing price is 3.49% . |
Gildan Activewear Fundamentals Correlations and Trends
By evaluating Gildan Activewear'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 Gildan Activewear's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gildan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gildan Activewear Stock history
Gildan Activewear 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 Gildan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gildan Activewear 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 Gildan Activewear stock prices may prove useful in developing a viable investing in Gildan Activewear
Gildan Activewear Inc. manufactures and sells a range of apparel products in North America, Europe, the Asia-Pacific, and Latin America. Gildan Activewear Inc. was incorporated in 1984 and is headquartered in Montreal, Canada. GILDAN ACTIVEWEAR operates under Apparel Manufacturing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 50000 people.
Gildan Activewear Stock Technical Analysis
Gildan Activewear 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
Gildan Activewear Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Gildan Activewear cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Gildan Activewear December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Gildan Activewear stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gildan Activewear shares will generate the highest return on investment. By undertsting and applying Gildan Activewear stock market strength indicators, traders can identify Gildan Activewear entry and exit signals to maximize returns
Gildan Activewear Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gildan Activewear's price direction in advance. Along with the technical and fundamental analysis of Gildan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gildan 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 | 0.1418 | |||
| Jensen Alpha | 0.1243 | |||
| Total Risk Alpha | 0.0258 | |||
| Sortino Ratio | 0.0702 | |||
| Treynor Ratio | 0.3143 |
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Complementary Tools for Gildan Stock analysis
When running Gildan Activewear's price analysis, check to measure Gildan Activewear'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 Gildan Activewear is operating at the current time. Most of Gildan Activewear's value examination focuses on studying past and present price action to predict the probability of Gildan Activewear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gildan Activewear's price. Additionally, you may evaluate how the addition of Gildan Activewear to your portfolios can decrease your overall portfolio volatility.
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