Gibraltar Industries Stock Market Value
| ROCK Stock | USD 72.44 0.59 0.82% |
| Symbol | Gibraltar |
Gibraltar Industries Price To Book Ratio
Is Building Products 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 Gibraltar Industries. If investors know Gibraltar 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 Gibraltar Industries 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 (0.13) | Earnings Share 3.59 | Revenue Per Share 43.686 | Quarterly Revenue Growth (0.08) | Return On Assets 0.075 |
The market value of Gibraltar Industries is measured differently than its book value, which is the value of Gibraltar that is recorded on the company's balance sheet. Investors also form their own opinion of Gibraltar Industries' value that differs from its market value or its book value, called intrinsic value, which is Gibraltar Industries' 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 Gibraltar Industries' market value can be influenced by many factors that don't directly affect Gibraltar Industries' 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 Gibraltar Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gibraltar Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gibraltar Industries' 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.
Gibraltar Industries '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 Gibraltar Industries' 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 Gibraltar Industries.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Gibraltar Industries on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Gibraltar Industries or generate 0.0% return on investment in Gibraltar Industries over 30 days. Gibraltar Industries is related to or competes with Quanex Building, Jeld Wen, Perma Pipe, Interface, Janus International, Armstrong World, and Apogee Enterprises. Gibraltar Industries, Inc. manufactures and distributes building products for the renewable energy, residential, agtech,... More
Gibraltar Industries 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 Gibraltar Industries' 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 Gibraltar Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.69 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 2.88 |
Gibraltar Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gibraltar Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gibraltar Industries' standard deviation. In reality, there are many statistical measures that can use Gibraltar Industries historical prices to predict the future Gibraltar Industries' volatility.| Risk Adjusted Performance | 0.0538 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0767 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gibraltar Industries' 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.
Gibraltar Industries Backtested Returns
As of now, Gibraltar Stock is very steady. Gibraltar Industries holds Efficiency (Sharpe) Ratio of 0.0788, which attests that the entity had a 0.0788% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Gibraltar Industries, which you can use to evaluate the volatility of the firm. Please check out Gibraltar Industries' risk adjusted performance of 0.0538, and Market Risk Adjusted Performance of 0.0867 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Gibraltar Industries has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.4, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gibraltar Industries will likely underperform. Gibraltar Industries right now retains a risk of 1.81%. Please check out Gibraltar Industries downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Gibraltar Industries will be following its current trending patterns.
Auto-correlation | 0.73 |
Good predictability
Gibraltar Industries has good predictability. Overlapping area represents the amount of predictability between Gibraltar Industries time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Gibraltar Industries price movement. The serial correlation of 0.73 indicates that around 73.0% of current Gibraltar Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 2.79 |
Gibraltar Industries lagged returns against current returns
Autocorrelation, which is Gibraltar Industries 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 Gibraltar Industries' stock expected returns. We can calculate the autocorrelation of Gibraltar Industries returns to help us make a trade decision. For example, suppose you find that Gibraltar Industries 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 |
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Gibraltar Industries 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 Gibraltar Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gibraltar Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gibraltar Industries stock over time.
Current vs Lagged Prices |
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Gibraltar Industries Lagged Returns
When evaluating Gibraltar Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gibraltar Industries stock have on its future price. Gibraltar Industries 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, Gibraltar Industries autocorrelation shows the relationship between Gibraltar Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Gibraltar Industries.
Regressed Prices |
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Gibraltar Industries 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.