GRINM Semiconductor (China) Price on October 29, 2024
| 688432 Stock | 12.53 0.13 1.05% |
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 12.53, as last reported on the 12th of December 2024, with the highest price reaching 12.66 and the lowest price hitting 12.37 during the day. GRINM Semiconductor appears to be slightly risky, given 3 months investment horizon. GRINM Semiconductor holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By analyzing GRINM Semiconductor's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please utilize GRINM Semiconductor's Semi Deviation of 2.62, market risk adjusted performance of (3.55), and Risk Adjusted Performance of 0.1039 to validate if our risk estimates are consistent with your expectations.
GRINM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GRINM |
Sharpe Ratio = 0.1549
| Best Portfolio | Best Equity | |||
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| Small Returns | 688432 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.76 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average GRINM Semiconductor is performing at about 12% 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 GRINM Semiconductor by adding it to a well-diversified portfolio.
Price Book 3.6007 | Enterprise Value Ebitda 42.9942 | Price Sales 16.5744 | Shares Float 211.1 M | Dividend Share 0.01 |
GRINM Semiconductor Valuation on October 29, 2024
It is possible to determine the worth of GRINM Semiconductor on a given historical date. On October 29, 2024 GRINM was worth 12.68 at the beginning of the trading date compared to the closed value of 12.27. 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 | |
| 12.38 | 12.70 | 12.38 | 12.62 | 7,452,186 | |
10/29/2024 | 12.68 | 12.75 | 12.25 | 12.27 | 9,345,736 |
| 12.09 | 12.34 | 11.92 | 12.09 | 6,316,900 |
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GRINM Semiconductor Trading Date Momentum on October 29, 2024
| On October 30 2024 GRINM Semiconductor Materials was traded for 12.09 at the closing time. The highest price during the trading period was 12.34 and the lowest recorded bid was listed for 11.92 . The volume for the day was 6.3 M. This history from October 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.47% . The overall trading delta to the current price is 4.40% . |
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.
Price Boundaries
GRINM Semiconductor Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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 December 12, 2024 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.
| Risk Adjusted Performance | 0.1039 | |||
| Jensen Alpha | 0.599 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1455 | |||
| Treynor Ratio | (3.56) |
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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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