Performance of GTLB Gitlab | 22.8% in 12m
Compare GTLB with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare Gitlab with its related Sector/Index XLK
Performance Duell GTLB vs XLK
| TimeFrame | GTLB | XLK |
|---|---|---|
| 1 Week | 0.13% | -0.14% |
| 1 Month | 5.42% | 5.17% |
| 3 Months | -1.73% | 2.74% |
| 6 Months | 1.72% | 16.12% |
| 12 Months | 22.8% | 41.39% |
| YTD | -9.34% | 23.39% |
| Rel. Perf. 1m | -0.07 | |
| Rel. Perf. 3m | 0.97 | |
| Rel. Perf. 6m | -1.30 | |
| Rel. Perf. 12m | -1.24 | |
| Spearman 1m | 0.42 | 0.738 |
| Spearman 3m | 0.42 | 0.632 |
Is Gitlab a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Gitlab is currently (October 2024)
neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -16.17 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GTLB as of October 2024 is 45.90. This means that GTLB is currently overvalued and has a potential downside of -15.67% (Sold with Premium).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GTLB as of October 2024 is 45.90. This means that GTLB is currently overvalued and has a potential downside of -15.67% (Sold with Premium).
Is GTLB a buy, sell or hold?
- Strong Buy: 17
- Buy: 6
- Hold: 4
- Sell: 0
- Strong Sell: 0
Values above 0%: GTLB is performing better - Values below 0%: GTLB is underperforming
Compare GTLB with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | -0.95% | 1.68% | -15.36% | -17.32% |
| US NASDAQ 100 | QQQ | 0.40% | 1.52% | -13.99% | -16.68% |
| US Dow Jones Industrial 30 | DIA | -1.70% | 1.47% | -13.83% | -10.04% |
| German DAX 40 | DBXD | -0.85% | 1.08% | -7.32% | -7.08% |
| UK FTSE 100 | ISFU | -0.36% | 6.14% | -11.78% | -1.39% |
| Shanghai Shenzhen CSI 300 | CSI 300 | 8.56% | -11.51% | -6.62% | 11.47% |
| Hongkong Hang Seng | HSI | 5.06% | -3.67% | -22.13% | 11.74% |
| Japan Nikkei 225 | EXX7 | 0.58% | 1.27% | -1.50% | -0.16% |
| India NIFTY 50 | INDA | 1.46% | 8.22% | -8.82% | -5.29% |
| Brasil Bovespa | EWZ | 0.55% | 11.35% | 4.51% | 21.38% |
GTLB Gitlab vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | -0.71% | 1.94% | -12.18% | -14.81% |
| Consumer Discretionary | XLY | -0.53% | 2.31% | -14.09% | -9.28% |
| Consumer Staples | XLP | -0.94% | 6.58% | -11.55% | -2.60% |
| Energy | XLE | 1.86% | 1.26% | 3.85% | 18.93% |
| Financial | XLF | -4.21% | 0.01% | -19.15% | -27.47% |
| Health Care | XLV | 0.38% | 7.13% | -9.20% | 1.93% |
| Industrial | XLI | -1.97% | -0.14% | -13.70% | -20.03% |
| Materials | XLB | -1.94% | 1.21% | -8.55% | -8.90% |
| Real Estate | XLRE | -3.22% | 5.99% | -24.77% | -17.61% |
| Technology | XLK | 0.27% | 0.25% | -14.40% | -18.58% |
| Utilities | XLU | -3.59% | 1.69% | -27.33% | -22.22% |
| Aerospace & Defense | XAR | -3.63% | -1.58% | -21.89% | -20.04% |
| Biotech | XBI | -3.07% | 7.04% | -15.75% | -25.81% |
| Homebuilder | XHB | -3.23% | 3.26% | -21.99% | -53.77% |
| Retail | XRT | -4.33% | 2.67% | -9.72% | -11.00% |
Does Gitlab outperform its market, is GTLB a Sector Leader?
No, over the last 12 months Gitlab (GTLB) made 22.81%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 41.39%.
Over the last 3 months GTLB made -1.73%, while XLK made 2.74%.
No, over the last 12 months Gitlab (GTLB) made 22.81%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 41.39%.
Over the last 3 months GTLB made -1.73%, while XLK made 2.74%.
| Period | GTLB | XLK | S&P 500 |
|---|---|---|---|
| 1 Month | 5.42% | 5.17% | 3.74% |
| 3 Months | -1.73% | 2.74% | 4.88% |
| 12 Months | 22.81% | 41.39% | 40.13% |