Grocery Stock Performance

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 Stock
  

USD 33.29  0.14  0.42%   

The company retains a Market Volatility (i.e., Beta) of 0.3547, which attests to possible diversification benefits within a given portfolio. 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. Even though it is essential to pay attention to Grocery Outlet Holding current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Grocery Outlet Holding exposes twenty-one different technical indicators, which can help you to evaluate its performance. Grocery Outlet Holding has an expected return of -0.38%. Please be advised to check out Grocery Outlet standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Grocery Outlet Holding performance from the past will be repeated at some point in the near future.
  
Grocery Performance
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Over the last 90 days Grocery Outlet Holding has generated negative risk-adjusted returns adding no value to investors with long positions. Despite abnormal performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in November 2022. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more

Grocery Price Channel

Quick Ratio0.61
Fifty Two Week Low21.07
Target High Price50.00
Fifty Two Week High46.37
Target Low Price27.00

Grocery Outlet Relative Risk vs. Return Landscape

If you would invest  4,310  in Grocery Outlet Holding on July 5, 2022 and sell it today you would lose (981.00)  from holding Grocery Outlet Holding or give up 22.76% of portfolio value over 90 days. Grocery Outlet Holding is generating negative expected returns and assumes 1.9476% volatility on return distribution over the 90 days horizon. Put differently, 16% of stocks are less risky than Grocery on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Allowing for the 90-day total investment horizon Grocery Outlet is expected to under-perform the market. In addition to that, the company is 1.7 times more volatile than its market benchmark. It trades about -0.2 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of volatility.

Grocery Outlet Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Grocery Outlet's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Grocery Outlet Holding, and traders can use it to determine the average amount a Grocery Outlet's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1971

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Estimated Market Risk
 1.95
  actual daily
 
 16 %
of total potential
 
1616
Expected Return
 -0.38
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 0 %
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Risk-Adjusted Return
 -0.2
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 0 %
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Based on monthly moving average Grocery Outlet is performing at about 0% 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 Grocery Outlet by adding it to a well-diversified portfolio.

About Grocery Outlet Performance

To evaluate Grocery Outlet Holding Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Grocery Outlet generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Grocery Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Grocery Outlet Holding market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Grocery's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Grocery Outlet Holding Corp. owns and operates a network of independently operated stores in the United States. The company was founded in 1946 and is headquartered in Emeryville, California. Grocery Outlet operates under Grocery Stores classification in the United States and is traded on NASDAQ Exchange. It employs 803 people.

Things to note about Grocery Outlet Holding

Checking the ongoing alerts about Grocery Outlet for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Grocery Outlet Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Grocery Outlet Alerts

Equity Alerts and Improvement Suggestions

Grocery Outlet generated a negative expected return over the last 90 days
Latest headline from MacroaxisInsider: Exercise or conversion by Lindberg Eric J Jr of 5049 shares of Grocery Outlet subject to Rule 16b-3
Please check Risk vs Return Analysis. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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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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.
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.