Grocery Stock Technical Analysis

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 Stock
  

USD 40.75  0.30  0.74%   

As of the 16th of August 2022, Grocery Outlet retains the Market Risk Adjusted Performance of 0.4588, downside deviation of 1.98, and Risk Adjusted Performance of 0.1247. Grocery Outlet technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Grocery Outlet Holding, which can be compared to its competitors. Please check out Grocery Outlet Holding standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Grocery Outlet is priced fairly, providing market reflects its last-minute price of 40.75 per share. Given that Grocery Outlet Holding has jensen alpha of 0.1632, we strongly advise you to confirm Grocery Outlet Holding's regular market performance to make sure the company can sustain itself at a future point.
  

Grocery Outlet Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Grocery, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Grocery
Grocery Outlet's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Grocery Outlet Analyst Consensus

Target PriceAdvice# of Analysts
30.22Hold9Odds
Grocery Outlet Holding current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Grocery analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Grocery stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Grocery Outlet Holding, talking to its executives and customers, or listening to Grocery conference calls.
Grocery Analyst Advice Details
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...

Grocery Outlet Holding Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Grocery Outlet Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Grocery Outlet Holding Trend Analysis

Use this graph to draw trend lines for Grocery Outlet Holding. You can use it to identify possible trend reversals for Grocery Outlet as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Grocery Outlet price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Grocery Outlet Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Grocery Outlet Holding applied against its price change over selected period. The best fit line has a slop of   0.12  , which suggests that Grocery Outlet Holding will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 542.17, which is the sum of squared deviations for the predicted Grocery Outlet price change compared to its average price change.

About Grocery Outlet Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Grocery Outlet Holding on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Grocery Outlet Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Grocery Outlet Holding stock first instead of the macroeconomic environment surrounding Grocery Outlet Holding. By analyzing Grocery Outlet's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Grocery Outlet's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Grocery Outlet specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2022 (projected)
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Grocery Outlet August 16, 2022 Technical Indicators

Most technical analysis of Grocery help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Grocery from various momentum indicators to cycle indicators. When you analyze Grocery charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Grocery Outlet August 16, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Grocery stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Risk vs Return Analysis. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Grocery Stock analysis

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.
Market Capitalization
3.9 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.