GRINM Semiconductor (China) Price on August 5, 2024

688432 Stock   10.58  0.10  0.95%   
If you're considering investing in GRINM Stock, it is important to understand the factors that can impact its price. As of today, the current price of GRINM Semiconductor stands at 10.58, as last reported on the 7th of January, with the highest price reaching 10.63 and the lowest price hitting 10.39 during the day. GRINM Semiconductor holds Efficiency (Sharpe) Ratio of -0.0925, which attests that the entity had a -0.0925% return per unit of risk over the last 3 months. GRINM Semiconductor exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GRINM Semiconductor's Market Risk Adjusted Performance of 0.8614, risk adjusted performance of 0.0399, and Semi Deviation of 2.97 to validate the risk estimate we provide.
  
GRINM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0925

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Estimated Market Risk

 3.09
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average GRINM Semiconductor is not performing at its full potential. However, 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 GRINM Semiconductor by adding GRINM Semiconductor to a well-diversified portfolio.
Price Book
3.0432
Enterprise Value Ebitda
34.8173
Price Sales
13.995
Shares Float
211.1 M
Dividend Share
0.01

GRINM Semiconductor Valuation on August 5, 2024

It is possible to determine the worth of GRINM Semiconductor on a given historical date. On August 5, 2024 GRINM was worth 9.46 at the beginning of the trading date compared to the closed value of 9.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GRINM Semiconductor stock. Still, in general, we apply an absolute valuation method to find GRINM Semiconductor'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 GRINM Semiconductor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GRINM Semiconductor's related companies.
 Open High Low Close Volume
  9.68    9.81    9.51    9.53    2,631,203  
08/05/2024
  9.46    9.57    9.10    9.11    3,825,778  
  9.34    9.38    9.12    9.27    2,348,857  
Backtest GRINM Semiconductor  |  GRINM Semiconductor History  |  GRINM Semiconductor Valuation   PreviousNext  
Open Value
9.46
9.11
Closing Value
18.72
Upside

GRINM Semiconductor Trading Date Momentum on August 5, 2024

On August 06 2024 GRINM Semiconductor Materials was traded for  9.27  at the closing time. The highest price during the trading period was 9.38  and the lowest recorded bid was listed for  9.12 . The volume for the day was 2.3 M. This history from August 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.76% . The overall trading delta to the current price is 0.44% .

GRINM Semiconductor Fundamentals Correlations and Trends

By evaluating GRINM Semiconductor'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 GRINM Semiconductor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GRINM financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About GRINM Semiconductor Stock history

GRINM Semiconductor 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 GRINM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GRINM Semiconductor 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 GRINM Semiconductor stock prices may prove useful in developing a viable investing in GRINM Semiconductor

GRINM Semiconductor Stock Technical Analysis

GRINM Semiconductor 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 GRINM Semiconductor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GRINM Semiconductor 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...

Price Boundaries

GRINM Semiconductor Period Price Range

Low
January 7, 2025
0.00  NaN%
High

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GRINM Semiconductor Materials 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.

GRINM Semiconductor January 7, 2025 Market Strength

Market strength indicators help investors to evaluate how GRINM Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GRINM Semiconductor shares will generate the highest return on investment. By undertsting and applying GRINM Semiconductor stock market strength indicators, traders can identify GRINM Semiconductor Materials entry and exit signals to maximize returns

GRINM Semiconductor Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GRINM Semiconductor's price direction in advance. Along with the technical and fundamental analysis of GRINM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GRINM 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.

Complementary Tools for GRINM Stock analysis

When running GRINM Semiconductor's price analysis, check to measure GRINM Semiconductor'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 GRINM Semiconductor is operating at the current time. Most of GRINM Semiconductor's value examination focuses on studying past and present price action to predict the probability of GRINM Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GRINM Semiconductor's price. Additionally, you may evaluate how the addition of GRINM Semiconductor to your portfolios can decrease your overall portfolio volatility.
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