GRG Banking (China) Price on July 24, 2023
002152 Stock | 12.24 0.02 0.16% |
If you're considering investing in GRG Stock, it is important to understand the factors that can impact its price. As of today, the current price of GRG Banking stands at 12.24, as last reported on the 30th of December, with the highest price reaching 12.44 and the lowest price hitting 12.15 during the day. GRG Banking Equipment holds Efficiency (Sharpe) Ratio of -0.0152, which attests that the entity had a -0.0152% return per unit of return volatility over the last 3 months. GRG Banking Equipment exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GRG Banking's Market Risk Adjusted Performance of (1.38), coefficient of variation of (6,565), and insignificant Risk Adjusted Performance to validate the risk estimate we provide.
GRG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GRG |
Sharpe Ratio = -0.0152
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Estimated Market Risk
2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GRG Banking 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 GRG Banking by adding GRG Banking to a well-diversified portfolio.
GRG Banking Valuation on July 24, 2023
It is possible to determine the worth of GRG Banking on a given historical date. On July 24, 2023 GRG was worth 11.11 at the beginning of the trading date compared to the closed value of 11.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GRG Banking stock. Still, in general, we apply an absolute valuation method to find GRG Banking'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 GRG Banking where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GRG Banking's related companies.
Open | High | Low | Close | Volume | |
11.10 | 11.27 | 11.01 | 11.12 | 12,199,029 | |
07/24/2023 | 11.11 | 11.26 | 11.06 | 11.14 | 10,484,496 |
11.31 | 11.51 | 11.21 | 11.44 | 16,749,707 |
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GRG Banking Trading Date Momentum on July 24, 2023
On July 25 2023 GRG Banking Equipment was traded for 11.44 at the closing time. The highest price during the trading period was 11.51 and the lowest recorded bid was listed for 11.21 . The volume for the day was 16.7 M. This history from July 25, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 2.69% . The overall trading delta to the current price is 1.26% . |
GRG Banking Equipment Fundamentals Correlations and Trends
By evaluating GRG Banking'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 GRG Banking's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GRG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GRG Banking Stock history
GRG Banking 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 GRG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GRG Banking Equipment 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 GRG Banking stock prices may prove useful in developing a viable investing in GRG Banking
GRG Banking Stock Technical Analysis
GRG Banking 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
GRG Banking Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
GRG Banking Equipment cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen 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.
GRG Banking December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how GRG Banking stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GRG Banking shares will generate the highest return on investment. By undertsting and applying GRG Banking stock market strength indicators, traders can identify GRG Banking Equipment entry and exit signals to maximize returns
GRG Banking Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GRG Banking's price direction in advance. Along with the technical and fundamental analysis of GRG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GRG 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) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (1.39) |
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Volume Indicators |
Complementary Tools for GRG Stock analysis
When running GRG Banking's price analysis, check to measure GRG Banking'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 GRG Banking is operating at the current time. Most of GRG Banking's value examination focuses on studying past and present price action to predict the probability of GRG Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GRG Banking's price. Additionally, you may evaluate how the addition of GRG Banking to your portfolios can decrease your overall portfolio volatility.
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