Grandblue Environment (China) Price on September 30, 2024
| 600323 Stock | 23.13 0.06 0.26% |
Below is the normalized historical share price chart for Grandblue Environment Co extending back to December 25, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Grandblue Environment stands at 23.13, as last reported on the 19th of December, with the highest price reaching 23.55 and the lowest price hitting 23.10 during the day.
If you're considering investing in Grandblue Stock, it is important to understand the factors that can impact its price. Grandblue Environment appears to be very steady, given 3 months investment horizon. Grandblue Environment holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Grandblue Environment, which you can use to evaluate the volatility of the firm. Please utilize Grandblue Environment's risk adjusted performance of 0.107, and Market Risk Adjusted Performance of 2.49 to validate if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 12.7 B, whereas Common Stock is forecasted to decline to about 521.8 M. . Grandblue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of December 2000 | 200 Day MA 20.2986 | 50 Day MA 22.285 | Beta 0.199 |
Grandblue |
Sharpe Ratio = 0.1934
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600323 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Grandblue Environment is performing at about 15% 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 Grandblue Environment by adding it to a well-diversified portfolio.
Price Book 1.4408 | Enterprise Value Ebitda 15.8369 | Price Sales 1.5333 | Shares Float 443 M | Wall Street Target Price 27.91 |
Related Headline
China Merchants Headline on 30th of September 2024
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China Merchants Bank Co., Ltd. Sees Significant Decrease in Short Interest MarketBeat
Grandblue Environment Valuation on September 30, 2024
It is possible to determine the worth of Grandblue Environment on a given historical date. On September 30, 2024 Grandblue was worth 20.99 at the beginning of the trading date compared to the closed value of 21.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grandblue Environment stock. Still, in general, we apply an absolute valuation method to find Grandblue Environment's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Grandblue Environment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grandblue Environment's related companies.
| Open | High | Low | Close | Volume | |
| 20.64 | 20.83 | 20.42 | 20.64 | 5,438,508 | |
09/30/2024 | 20.99 | 22.00 | 20.41 | 21.85 | 21,097,449 |
| 23.84 | 23.98 | 21.57 | 21.96 | 19,661,159 |
| Backtest Grandblue Environment | | | Grandblue Environment History | | | Grandblue Environment Valuation | Previous | Next |
Grandblue Environment Trading Date Momentum on September 30, 2024
| On October 08 2024 Grandblue Environment Co was traded for 21.96 at the closing time. The highest price during the trading period was 23.98 and the lowest recorded bid was listed for 21.57 . The volume for the day was 19.7 M. This history from October 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.50% . The overall trading delta to the current price is 0.92% . |
Grandblue Environment Fundamentals Correlations and Trends
By evaluating Grandblue Environment's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Grandblue Environment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grandblue financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grandblue Environment Stock history
Grandblue Environment investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Grandblue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grandblue Environment will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Grandblue Environment stock prices may prove useful in developing a viable investing in Grandblue Environment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 937.6 M | 866.1 M | |
| Net Income Applicable To Common Shares | 1.3 B | 1.4 B |
Grandblue Environment Stock Technical Analysis
Grandblue Environment 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.
Price Boundaries
Grandblue Environment Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Grandblue Environment Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Grandblue Environment December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Grandblue Environment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grandblue Environment shares will generate the highest return on investment. By undertsting and applying Grandblue Environment stock market strength indicators, traders can identify Grandblue Environment Co entry and exit signals to maximize returns
Grandblue Environment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grandblue Environment's price direction in advance. Along with the technical and fundamental analysis of Grandblue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grandblue to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.107 | |||
| Jensen Alpha | 0.2214 | |||
| Total Risk Alpha | 0.1791 | |||
| Sortino Ratio | 0.1406 | |||
| Treynor Ratio | 2.48 |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Grandblue Stock analysis
When running Grandblue Environment's price analysis, check to measure Grandblue Environment'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 Grandblue Environment is operating at the current time. Most of Grandblue Environment's value examination focuses on studying past and present price action to predict the probability of Grandblue Environment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grandblue Environment's price. Additionally, you may evaluate how the addition of Grandblue Environment to your portfolios can decrease your overall portfolio volatility.
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