Grocery Stock Market Value

GO
 Stock
  

USD 40.51  1.10  2.64%   

Grocery Outlet's market value is the price at which a share of Grocery Outlet stock trades on a public exchange. It measures the collective expectations of Grocery Outlet Holding investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Grocery Outlet Holding and determine expected loss or profit from investing in Grocery Outlet over a given investment horizon. Please check Grocery Outlet Hype Analysis, Grocery Outlet Correlation, Grocery Outlet Valuation, Grocery Outlet Volatility, as well as analyze Grocery Outlet Alpha and Beta and Grocery Outlet Performance.
Symbol


Is Grocery Outlet's industry 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 Grocery Outlet. If investors know Grocery 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 Grocery Outlet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.0209
Return On Equity
0.0546
The market value of Grocery Outlet Holding is measured differently than its book value, which is the value of Grocery that is recorded on the company's balance sheet. Investors also form their own opinion of Grocery Outlet's value that differs from its market value or its book value, called intrinsic value, which is Grocery Outlet'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 Grocery Outlet's market value can be influenced by many factors that don't directly affect Grocery Outlet'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 Grocery Outlet's value and its price as these two are different measures arrived at by different means. Investors typically determine Grocery Outlet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grocery Outlet'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.

Grocery Outlet '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 Grocery Outlet'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 Grocery Outlet.
0.00
07/14/2022
No Change 0.00  0.0 
In 30 days
08/13/2022
0.00
If you would invest  0.00  in Grocery Outlet on July 14, 2022 and sell it all today you would earn a total of 0.00 from holding Grocery Outlet Holding or generate 0.0% return on investment in Grocery Outlet over 30 days. Grocery Outlet is related to or competes with Alphabet. Grocery Outlet Holding Corp. owns and operates a network of independently operated stores in the United StatesMore

Grocery Outlet 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 Grocery Outlet'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 Grocery Outlet Holding upside and downside potential and time the market with a certain degree of confidence.

Grocery Outlet Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Grocery Outlet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grocery Outlet's standard deviation. In reality, there are many statistical measures that can use Grocery Outlet historical prices to predict the future Grocery Outlet's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Grocery Outlet'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. Please use the tools below to analyze the current value of Grocery Outlet in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
38.3340.5642.79
Details
Intrinsic
Valuation
LowReal ValueHigh
36.7338.9641.19
Details
Naive
Forecast
LowNext ValueHigh
40.3742.6044.83
Details
9 Analysts
Consensus
LowTarget PriceHigh
26.0030.2242.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Grocery Outlet. Your research has to be compared to or analyzed against Grocery Outlet's peers to derive any actionable benefits. When done correctly, Grocery Outlet's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Grocery Outlet Holding.

Grocery Outlet Holding Backtested Returns

Grocery Outlet appears to be very steady, given 3 months investment horizon. Grocery Outlet Holding holds Efficiency (Sharpe) Ratio of 0.0979, which attests that the entity had 0.0979% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Grocery Outlet Holding, which you can use to evaluate the future volatility of the firm. Please utilize Grocery Outlet's Risk Adjusted Performance of 0.1988, market risk adjusted performance of 1.45, and Downside Deviation of 2.01 to validate if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Grocery Outlet holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.2993, which attests to not very significant fluctuations relative to the market. Let's try to break down what Grocery's beta means in this case. As returns on the market increase, Grocery Outlet returns are expected to increase less than the market. However, during the bear market, the loss on holding Grocery Outlet will be expected to be smaller as well. Although it is important to respect Grocery Outlet Holding current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Grocery Outlet Holding technical indicators, you can presently evaluate if the expected return of 0.22% will be sustainable into the future. Please utilizes Grocery Outlet maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to make a quick decision on whether Grocery Outlet Holding current trending patterns will revert.

Auto-correlation

    
  0.44  

Average predictability

Grocery Outlet Holding has average predictability. Overlapping area represents the amount of predictability between Grocery Outlet time series from 14th of July 2022 to 29th of July 2022 and 29th of July 2022 to 13th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Grocery Outlet Holding price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Grocery Outlet price fluctuation can be explain by its past prices.
Correlation Coefficient0.44
Spearman Rank Test0.47
Residual Average0.0
Price Variance2.47

Grocery Outlet Holding lagged returns against current returns

Autocorrelation, which is Grocery Outlet 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 Grocery Outlet's stock expected returns. We can calculate the autocorrelation of Grocery Outlet returns to help us make a trade decision. For example, suppose you find that Grocery Outlet stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Grocery Outlet 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 Grocery Outlet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grocery Outlet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grocery Outlet stock over time.
   Current vs Lagged Prices   
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       Timeline  

Grocery Outlet Lagged Returns

When evaluating Grocery Outlet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grocery Outlet stock have on its future price. Grocery Outlet 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, Grocery Outlet autocorrelation shows the relationship between Grocery Outlet stock current value and its past values and can show if there is a momentum factor associated with investing in Grocery Outlet Holding.
   Regressed Prices   
Share
       Timeline  

Grocery Outlet Investors Sentiment

The influence of Grocery Outlet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Grocery. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Grocery Outlet's public news can be used to forecast risks associated with investment in Grocery. The trend in average sentiment can be used to explain how an investor holding Grocery can time the market purely based on public headlines and social activities around Grocery Outlet Holding. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Grocery Outlet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Grocery Outlet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Grocery Outlet's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Grocery Outlet.

Grocery Outlet Implied Volatility

    
  55.06  
Grocery Outlet's implied volatility exposes the market's sentiment of Grocery Outlet Holding stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Grocery Outlet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Grocery Outlet stock will not fluctuate a lot when Grocery Outlet's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Grocery Outlet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Grocery Outlet's short interest history, or implied volatility extrapolated from Grocery Outlet options trading.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Grocery Outlet Holding using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Grocery Outlet Hype Analysis, Grocery Outlet Correlation, Grocery Outlet Valuation, Grocery Outlet Volatility, as well as analyze Grocery Outlet Alpha and Beta and Grocery Outlet Performance. Note that the Grocery Outlet Holding information on this page should be used as a complementary analysis to other Grocery Outlet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Grocery Outlet Holding price analysis, check to measure Grocery Outlet'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 Grocery Outlet is operating at the current time. Most of Grocery Outlet's value examination focuses on studying past and present price action to predict the probability of Grocery Outlet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Grocery Outlet's price. Additionally, you may evaluate how the addition of Grocery Outlet to your portfolios can decrease your overall portfolio volatility.
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Grocery Outlet 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 Grocery Outlet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grocery Outlet 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...