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.
Granprade |
Sharpe Ratio = -0.0892
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | GPL |
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 |
Backtest Granprade | | | Granprade History | | | Granprade Valuation | Previous | Next |
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.
Price Boundaries
Granprade Period Price Range
Low | December 23, 2024
| 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.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (1.30) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Stocks Directory Find actively traded stocks across global markets |