GRIFFIN MINING (Germany) Price on October 3, 2024
| GG7 Stock | EUR 1.70 0.03 1.73% |
If you're considering investing in GRIFFIN Stock, it is important to understand the factors that can impact its price. As of today, the current price of GRIFFIN MINING stands at 1.70, as last reported on the 29th of November, with the highest price reaching 1.70 and the lowest price hitting 1.70 during the day. At this point, GRIFFIN MINING is risky. GRIFFIN MINING LTD holds Efficiency (Sharpe) Ratio of 0.0235, which attests that the entity had a 0.0235% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for GRIFFIN MINING LTD, which you can use to evaluate the volatility of the firm. Please check out GRIFFIN MINING's Semi Deviation of 1.94, risk adjusted performance of 0.0535, and Market Risk Adjusted Performance of 2.41 to validate if the risk estimate we provide is consistent with the expected return of 0.0511%.
GRIFFIN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GRIFFIN |
Sharpe Ratio = 0.0235
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| Cash | Small Risk | GG7 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average GRIFFIN MINING is performing at about 1% 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 GRIFFIN MINING by adding it to a well-diversified portfolio.
GRIFFIN MINING Valuation on October 3, 2024
It is possible to determine the worth of GRIFFIN MINING on a given historical date. On October 3, 2024 GRIFFIN was worth 1.86 at the beginning of the trading date compared to the closed value of 1.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GRIFFIN MINING stock. Still, in general, we apply an absolute valuation method to find GRIFFIN MINING'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 GRIFFIN MINING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GRIFFIN MINING's related companies.
| Open | High | Low | Close | Volume | |
| 1.94 | 1.94 | 1.94 | 1.94 | 3,500 | |
10/03/2024 | 1.86 | 1.86 | 1.86 | 1.86 | 3,500 |
| 1.87 | 1.87 | 1.87 | 1.87 | 3,500 |
| Backtest GRIFFIN MINING | | | GRIFFIN MINING History | Previous | Next |
GRIFFIN MINING Trading Date Momentum on October 3, 2024
| On October 04 2024 GRIFFIN MINING LTD was traded for 1.87 at the closing time. The highest daily price throughout the period was 1.87 and the lowest price was 1.87 . The daily volume was 3.5 K. The net trading volume on 10/04/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.54% . The overall trading delta to current closing price is 0.54% . |
About GRIFFIN MINING Stock history
GRIFFIN MINING 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 GRIFFIN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GRIFFIN MINING LTD 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 GRIFFIN MINING stock prices may prove useful in developing a viable investing in GRIFFIN MINING
GRIFFIN MINING Stock Technical Analysis
GRIFFIN MINING 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
GRIFFIN MINING Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
GRIFFIN MINING LTD cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
GRIFFIN MINING November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how GRIFFIN MINING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GRIFFIN MINING shares will generate the highest return on investment. By undertsting and applying GRIFFIN MINING stock market strength indicators, traders can identify GRIFFIN MINING LTD entry and exit signals to maximize returns
GRIFFIN MINING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GRIFFIN MINING's price direction in advance. Along with the technical and fundamental analysis of GRIFFIN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GRIFFIN 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 | 0.0535 | |||
| Jensen Alpha | 0.1187 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0038 | |||
| Treynor Ratio | 2.4 |
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Complementary Tools for GRIFFIN Stock analysis
When running GRIFFIN MINING's price analysis, check to measure GRIFFIN MINING'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 GRIFFIN MINING is operating at the current time. Most of GRIFFIN MINING's value examination focuses on studying past and present price action to predict the probability of GRIFFIN MINING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GRIFFIN MINING's price. Additionally, you may evaluate how the addition of GRIFFIN MINING to your portfolios can decrease your overall portfolio volatility.
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