Graphene Manufacturing Group Stock Price on October 15, 2024
GMGMF Stock | USD 0.42 0.03 6.67% |
If you're considering investing in Graphene OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Graphene Manufacturing stands at 0.42, as last reported on the 3rd of December, with the highest price reaching 0.45 and the lowest price hitting 0.41 during the day. Graphene Manufacturing holds Efficiency (Sharpe) Ratio of -0.0083, which attests that the entity had a -0.0083% return per unit of standard deviation over the last 3 months. Graphene Manufacturing exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Graphene Manufacturing's risk adjusted performance of 0.0094, and Market Risk Adjusted Performance of 0.0212 to validate the risk estimate we provide.
Graphene OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Graphene |
Sharpe Ratio = -0.0083
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Estimated Market Risk
4.64 actual daily | 41 59% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Graphene Manufacturing 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 Graphene Manufacturing by adding Graphene Manufacturing to a well-diversified portfolio.
Related Headline
Olin Headline on 15th of October 2024
Disposition of 2500 shares by Florian Kohl of Olin subject t... by Florian Kohl
Filed transaction by Olin Corporation Officer Epoxy Pres bwa General Mgr. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Graphene Manufacturing Valuation on October 15, 2024
It is possible to determine the worth of Graphene Manufacturing on a given historical date. On October 15, 2024 Graphene was worth 0.4 at the beginning of the trading date compared to the closed value of 0.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Graphene Manufacturing otc stock. Still, in general, we apply an absolute valuation method to find Graphene Manufacturing'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 Graphene Manufacturing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Graphene Manufacturing's related companies.
Open | High | Low | Close | Volume | |
0.48 | 0.48 | 0.41 | 0.46 | 110,500 | |
10/15/2024 | 0.40 | 0.48 | 0.40 | 0.43 | 91,225 |
0.42 | 0.47 | 0.42 | 0.45 | 72,647 |
Backtest Graphene Manufacturing | | | Graphene Manufacturing History | | | Graphene Manufacturing Valuation | Previous | Next |
Graphene Manufacturing Trading Date Momentum on October 15, 2024
On October 16 2024 Graphene Manufacturing Group was traded for 0.45 at the closing time. The highest daily price throughout the period was 0.47 and the lowest price was 0.42 . The daily volume was 72.6 K. The net trading volume on 10/16/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 4.65% . The overall trading delta to current closing price is 25.58% . |
Graphene Manufacturing Fundamentals Correlations and Trends
By evaluating Graphene Manufacturing'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 Graphene Manufacturing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Graphene financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Graphene Manufacturing OTC Stock history
Graphene Manufacturing 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 Graphene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Graphene Manufacturing 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 Graphene Manufacturing stock prices may prove useful in developing a viable investing in Graphene Manufacturing
Graphene Manufacturing Group Pty Ltd, together with its subsidiaries, manufactures and supplies graphene. Graphene Manufacturing Group Pty Ltd. was incorporated in 2016 and is based in Richlands, Australia. Graphene MFG is traded on OTC Exchange in the United States.
Graphene Manufacturing OTC Stock Technical Analysis
Graphene Manufacturing technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Graphene Manufacturing Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Graphene Manufacturing Group cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Graphene Manufacturing December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Graphene Manufacturing otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Graphene Manufacturing shares will generate the highest return on investment. By undertsting and applying Graphene Manufacturing otc stock market strength indicators, traders can identify Graphene Manufacturing Group entry and exit signals to maximize returns
Graphene Manufacturing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Graphene Manufacturing's price direction in advance. Along with the technical and fundamental analysis of Graphene OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Graphene 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 | 0.0094 | |||
Jensen Alpha | 0.0318 | |||
Total Risk Alpha | (0.72) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0112 |
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Complementary Tools for Graphene OTC Stock analysis
When running Graphene Manufacturing's price analysis, check to measure Graphene Manufacturing'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 Graphene Manufacturing is operating at the current time. Most of Graphene Manufacturing's value examination focuses on studying past and present price action to predict the probability of Graphene Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Graphene Manufacturing's price. Additionally, you may evaluate how the addition of Graphene Manufacturing to your portfolios can decrease your overall portfolio volatility.
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