Granprade (South Africa) Price on December 6, 2024

GPL Stock   330.00  1.00  0.30%   
If you're considering investing in Granprade Stock, it is important to understand the factors that can impact its price. As of today, the current price of Granprade stands at 330.00, as last reported on the 23rd of December, with the highest price reaching 330.00 and the lowest price hitting 298.00 during the day. Granprade holds Efficiency (Sharpe) Ratio of -0.0892, which attests that the entity had a -0.0892% return per unit of standard deviation over the last 3 months. Granprade exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Granprade's risk adjusted performance of (0.06), and Market Risk Adjusted Performance of (1.29) to validate the risk estimate we provide.
  
Granprade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0892

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Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.16
  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 Granprade 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 Granprade by adding Granprade to a well-diversified portfolio.

Granprade Valuation on December 6, 2024

It is possible to determine the worth of Granprade on a given historical date. On December 6, 2024 Granprade was worth 350.0 at the beginning of the trading date compared to the closed value of 355.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Granprade stock. Still, in general, we apply an absolute valuation method to find Granprade'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 Granprade where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Granprade's related companies.
 Open High Low Close Volume
  345.00    349.00    345.00    349.00    42,894  
12/06/2024
  350.00    355.00    336.00    355.00    15,696  
  355.00    355.00    355.00    355.00    1,100  
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Open Value
350.0
344.71
Downside
355.0
Closing Value
355.29
Upside

Granprade Trading Date Momentum on December 6, 2024

On December 09 2024 Granprade was traded for  355.00  at the closing time. The highest price during the trading period was 355.00  and the lowest recorded bid was listed for  355.00 . The volume for the day was 1.1 K. This history from December 9, 2024 did not cause price change. The overall trading delta to the current price is 5.63% .

Granprade Fundamentals Correlations and Trends

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

About Granprade Stock history

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

Granprade Stock Technical Analysis

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

Granprade Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Granprade cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Granprade December 23, 2024 Market Strength

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

Granprade Technical and Predictive Indicators

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

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