Grays Leasing (Pakistan) Price on October 30, 2024
| GRYL Stock | 6.19 0.03 0.49% |
If you're considering investing in Grays Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grays Leasing stands at 6.19, as last reported on the 27th of December, with the highest price reaching 6.19 and the lowest price hitting 6.19 during the day. Grays Leasing appears to be relatively risky, given 3 months investment horizon. Grays Leasing holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Grays Leasing, which you can use to evaluate the volatility of the firm. Please utilize Grays Leasing's risk adjusted performance of 0.0686, and Market Risk Adjusted Performance of 1.56 to validate if our risk estimates are consistent with your expectations.
Grays Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grays |
Sharpe Ratio = 0.115
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.26 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Grays Leasing is performing at about 9% 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 Grays Leasing by adding it to a well-diversified portfolio.
Grays Leasing Valuation on October 30, 2024
It is possible to determine the worth of Grays Leasing on a given historical date. On October 30, 2024 Grays was worth 4.89 at the beginning of the trading date compared to the closed value of 4.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grays Leasing stock. Still, in general, we apply an absolute valuation method to find Grays Leasing'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 Grays Leasing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grays Leasing's related companies.
| Open | High | Low | Close | Volume | |
| 4.75 | 4.75 | 4.41 | 4.66 | 7,708 | |
10/30/2024 | 4.89 | 4.89 | 4.66 | 4.66 | 484.00 |
| 4.85 | 4.85 | 4.75 | 4.77 | 684.00 |
| Backtest Grays Leasing | | | Grays Leasing History | | | Grays Leasing Valuation | Previous | Next |
Grays Leasing Trading Date Momentum on October 30, 2024
| On October 31 2024 Grays Leasing was traded for 4.77 at the closing time. The highest price during the trading period was 4.85 and the lowest recorded bid was listed for 4.75 . The volume for the day was 684. This history from October 31, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.36% . The overall trading delta to the current price is 3.00% . |
About Grays Leasing Stock history
Grays Leasing 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 Grays is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grays Leasing 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 Grays Leasing stock prices may prove useful in developing a viable investing in Grays Leasing
Grays Leasing Stock Technical Analysis
Grays Leasing 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
Grays Leasing Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Grays Leasing cannot be verified against its exchange. Please verify the symbol is currently traded on Karachi Stock 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.
Grays Leasing December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Grays Leasing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grays Leasing shares will generate the highest return on investment. By undertsting and applying Grays Leasing stock market strength indicators, traders can identify Grays Leasing entry and exit signals to maximize returns
Grays Leasing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grays Leasing's price direction in advance. Along with the technical and fundamental analysis of Grays Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grays 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 | 0.0686 | |||
| Jensen Alpha | 0.3005 | |||
| Total Risk Alpha | 0.081 | |||
| Sortino Ratio | 0.0681 | |||
| Treynor Ratio | 1.55 |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Grays Stock analysis
When running Grays Leasing's price analysis, check to measure Grays Leasing'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 Grays Leasing is operating at the current time. Most of Grays Leasing's value examination focuses on studying past and present price action to predict the probability of Grays Leasing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grays Leasing's price. Additionally, you may evaluate how the addition of Grays Leasing to your portfolios can decrease your overall portfolio volatility.
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