Guardian Pharmacy Services, Stock Market Value

GRDN Stock   24.77  0.20  0.80%   
Guardian Pharmacy's market value is the price at which a share of Guardian Pharmacy trades on a public exchange. It measures the collective expectations of Guardian Pharmacy Services, investors about its performance. Guardian Pharmacy is selling at 24.77 as of the 5th of December 2024; that is 0.8% down since the beginning of the trading day. The stock's open price was 24.97.
With this module, you can estimate the performance of a buy and hold strategy of Guardian Pharmacy Services, and determine expected loss or profit from investing in Guardian Pharmacy over a given investment horizon. Check out Guardian Pharmacy Correlation, Guardian Pharmacy Volatility and Guardian Pharmacy Alpha and Beta module to complement your research on Guardian Pharmacy.
Symbol

Is Retail 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 Guardian Pharmacy. If investors know Guardian 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 Guardian Pharmacy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Guardian Pharmacy is measured differently than its book value, which is the value of Guardian that is recorded on the company's balance sheet. Investors also form their own opinion of Guardian Pharmacy's value that differs from its market value or its book value, called intrinsic value, which is Guardian Pharmacy'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 Guardian Pharmacy's market value can be influenced by many factors that don't directly affect Guardian Pharmacy'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 Guardian Pharmacy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardian Pharmacy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardian Pharmacy'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.

Guardian Pharmacy 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Guardian Pharmacy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Guardian Pharmacy.
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11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
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If you would invest  0.00  in Guardian Pharmacy on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Guardian Pharmacy Services, or generate 0.0% return on investment in Guardian Pharmacy over 30 days. Guardian Pharmacy is related to or competes with Flexible Solutions, Valneva SE, GMS, Apogee Enterprises, Kaltura, Consol Energy, and Senmiao Technology. Guardian Pharmacy is entity of United States More

Guardian Pharmacy Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Guardian Pharmacy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Guardian Pharmacy Services, upside and downside potential and time the market with a certain degree of confidence.

Guardian Pharmacy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Guardian Pharmacy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guardian Pharmacy's standard deviation. In reality, there are many statistical measures that can use Guardian Pharmacy historical prices to predict the future Guardian Pharmacy's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guardian Pharmacy'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
21.2624.9328.60
Details
Intrinsic
Valuation
LowRealHigh
19.0022.6726.34
Details
Naive
Forecast
LowNextHigh
21.7125.3829.05
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.1724.0825.00
Details

Guardian Pharmacy Backtested Returns

Guardian Pharmacy appears to be not too volatile, given 3 months investment horizon. Guardian Pharmacy holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26% return per unit of standard deviation over the last 3 months. By evaluating Guardian Pharmacy's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please utilize Guardian Pharmacy's risk adjusted performance of 0.2017, and Market Risk Adjusted Performance of 0.8994 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guardian Pharmacy holds a performance score of 20. The company retains a Market Volatility (i.e., Beta) of 1.07, which attests to a somewhat significant risk relative to the market. Guardian Pharmacy returns are very sensitive to returns on the market. As the market goes up or down, Guardian Pharmacy is expected to follow. Please check Guardian Pharmacy's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Guardian Pharmacy's current trending patterns will revert.

Auto-correlation

    
  0.67  

Good predictability

Guardian Pharmacy Services, has good predictability. Overlapping area represents the amount of predictability between Guardian Pharmacy time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Guardian Pharmacy price movement. The serial correlation of 0.67 indicates that around 67.0% of current Guardian Pharmacy price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.46
Residual Average0.0
Price Variance1.51

Guardian Pharmacy lagged returns against current returns

Autocorrelation, which is Guardian Pharmacy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Guardian Pharmacy's stock expected returns. We can calculate the autocorrelation of Guardian Pharmacy returns to help us make a trade decision. For example, suppose you find that Guardian Pharmacy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Guardian Pharmacy regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Guardian Pharmacy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guardian Pharmacy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guardian Pharmacy stock over time.
   Current vs Lagged Prices   
       Timeline  

Guardian Pharmacy Lagged Returns

When evaluating Guardian Pharmacy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guardian Pharmacy stock have on its future price. Guardian Pharmacy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Guardian Pharmacy autocorrelation shows the relationship between Guardian Pharmacy stock current value and its past values and can show if there is a momentum factor associated with investing in Guardian Pharmacy Services,.
   Regressed Prices   
       Timeline  

Pair Trading with Guardian Pharmacy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Guardian Pharmacy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Guardian Pharmacy will appreciate offsetting losses from the drop in the long position's value.

Moving against Guardian Stock

  0.5NIVF NewGenIvf GroupPairCorr
  0.46TOI Oncology InstitutePairCorr
  0.41TOIIW The Oncology InstitutePairCorr
  0.35PACS PACS Group,PairCorr
The ability to find closely correlated positions to Guardian Pharmacy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guardian Pharmacy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Guardian Pharmacy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Guardian Pharmacy Services, to buy it.
The correlation of Guardian Pharmacy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Guardian Pharmacy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guardian Pharmacy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Guardian Pharmacy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Guardian Pharmacy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Guardian Pharmacy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Guardian Pharmacy Services, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Guardian Pharmacy Services, Stock:
Check out Guardian Pharmacy Correlation, Guardian Pharmacy Volatility and Guardian Pharmacy Alpha and Beta module to complement your research on Guardian Pharmacy.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Guardian Pharmacy 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.
A focus of Guardian Pharmacy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Guardian Pharmacy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...