Grand River Commerce Stock Price on November 1, 2024
| GNRV Stock | USD 3.05 0.16 5.54% |
If you're considering investing in Grand OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grand River stands at 3.05, as last reported on the 2nd of December, with the highest price reaching 3.05 and the lowest price hitting 3.05 during the day. At this stage we consider Grand OTC Stock to be unstable. Grand River Commerce holds Efficiency (Sharpe) Ratio of 0.0608, which attests that the entity had a 0.0608% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Grand River Commerce, which you can use to evaluate the volatility of the firm. Please check out Grand River's risk adjusted performance of 0.0676, and Market Risk Adjusted Performance of (0.15) to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
Grand OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grand |
Sharpe Ratio = 0.0608
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Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Grand River is performing at about 4% 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 Grand River by adding it to a well-diversified portfolio.
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Grand River Valuation on November 1, 2024
It is possible to determine the worth of Grand River on a given historical date. On November 1, 2024 Grand was worth 2.95 at the beginning of the trading date compared to the closed value of 2.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grand River otc stock. Still, in general, we apply an absolute valuation method to find Grand River'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 Grand River where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grand River's related companies.
| Open | High | Low | Close | Volume | |
| 3.00 | 3.00 | 3.00 | 3.00 | 1.00 | |
11/01/2024 | 2.95 | 2.95 | 2.83 | 2.83 | 600.00 |
| 2.85 | 2.85 | 2.85 | 2.85 | 300.00 |
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Grand River Trading Date Momentum on November 1, 2024
| On November 04 2024 Grand River Commerce was traded for 2.85 at the closing time. The top price for the day was 2.85 and the lowest listed price was 2.85 . The trading volume for the day was 300. The trading history from November 4, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 0.71% . The overall trading delta against the current closing price is 4.95% . |
Grand River Commerce Fundamentals Correlations and Trends
By evaluating Grand River'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 Grand River's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grand financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grand River OTC Stock history
Grand River 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 Grand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grand River Commerce 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 Grand River stock prices may prove useful in developing a viable investing in Grand River
Grand River Commerce, Inc. operates as the bank holding company for Grand River Bank that provides various commercial and consumer banking products and services to businesses, professionals, and residents. Grand River Commerce, Inc. was incorporated in 2006 and is based in Grandville, Michigan. Grand River operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Grand River OTC Stock Technical Analysis
Grand River 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
Grand River Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Grand River Commerce 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.
Grand River December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Grand River 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 Grand River shares will generate the highest return on investment. By undertsting and applying Grand River otc stock market strength indicators, traders can identify Grand River Commerce entry and exit signals to maximize returns
Grand River Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grand River's price direction in advance. Along with the technical and fundamental analysis of Grand OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grand 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 | 0.0676 | |||
| Jensen Alpha | 0.3941 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0149 | |||
| Treynor Ratio | (0.16) |
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Additional Tools for Grand OTC Stock Analysis
When running Grand River's price analysis, check to measure Grand River'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 Grand River is operating at the current time. Most of Grand River's value examination focuses on studying past and present price action to predict the probability of Grand River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand River's price. Additionally, you may evaluate how the addition of Grand River to your portfolios can decrease your overall portfolio volatility.