GRIPM Advanced (China) Price on December 24, 2024
| 688456 Stock | 34.68 0.27 0.77% |
If you're considering investing in GRIPM Stock, it is important to understand the factors that can impact its price. As of today, the current price of GRIPM Advanced stands at 34.68, as last reported on the 28th of December, with the highest price reaching 35.50 and the lowest price hitting 34.60 during the day. At this point, GRIPM Advanced is not too volatile. GRIPM Advanced Materials holds Efficiency (Sharpe) Ratio of 0.0285, which attests that the entity had a 0.0285% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for GRIPM Advanced Materials, which you can use to evaluate the volatility of the firm. Please check out GRIPM Advanced's Risk Adjusted Performance of 0.1044, market risk adjusted performance of (2.86), and Semi Deviation of 3.93 to validate if the risk estimate we provide is consistent with the expected return of 0.1%.
As of December 28, 2024, Total Stockholder Equity is expected to decline to about 888.3 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 90.1 M. GRIPM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GRIPM |
Sharpe Ratio = 0.0285
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| Cash | Small Risk | Average Risk | 688456 | Huge Risk |
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Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average GRIPM Advanced is performing at about 2% 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 GRIPM Advanced by adding it to a well-diversified portfolio.
Price Book 3.0321 | Enterprise Value Ebitda 52.6703 | Price Sales 1.1854 | Shares Float 49.4 M | Dividend Share 0.2 |
GRIPM Advanced Valuation on December 24, 2024
It is possible to determine the worth of GRIPM Advanced on a given historical date. On December 24, 2024 GRIPM was worth 33.99 at the beginning of the trading date compared to the closed value of 34.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GRIPM Advanced stock. Still, in general, we apply an absolute valuation method to find GRIPM Advanced'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 GRIPM Advanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GRIPM Advanced's related companies.
| Open | High | Low | Close | Volume | |
| 35.58 | 35.64 | 33.73 | 33.98 | 2,524,946 | |
12/24/2024 | 33.99 | 34.50 | 33.50 | 34.47 | 1,161,748 |
| 34.40 | 34.81 | 33.60 | 33.77 | 1,297,984 |
| Backtest GRIPM Advanced | | | GRIPM Advanced History | | | GRIPM Advanced Valuation | Previous | Next |
GRIPM Advanced Trading Date Momentum on December 24, 2024
| On December 25 2024 GRIPM Advanced Materials was traded for 33.77 at the closing time. The highest price during the trading period was 34.81 and the lowest recorded bid was listed for 33.60 . The volume for the day was 1.3 M. This history from December 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.03% . The overall trading delta to the current price is 2.55% . |
GRIPM Advanced Materials Fundamentals Correlations and Trends
By evaluating GRIPM Advanced'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 GRIPM Advanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GRIPM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GRIPM Advanced Stock history
GRIPM Advanced 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 GRIPM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GRIPM Advanced Materials 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 GRIPM Advanced stock prices may prove useful in developing a viable investing in GRIPM Advanced
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 103.7 M | 90.1 M |
GRIPM Advanced Quarterly Net Working Capital |
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GRIPM Advanced Stock Technical Analysis
GRIPM Advanced 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
GRIPM Advanced Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
GRIPM Advanced Materials cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
GRIPM Advanced December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how GRIPM Advanced stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GRIPM Advanced shares will generate the highest return on investment. By undertsting and applying GRIPM Advanced stock market strength indicators, traders can identify GRIPM Advanced Materials entry and exit signals to maximize returns
GRIPM Advanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GRIPM Advanced's price direction in advance. Along with the technical and fundamental analysis of GRIPM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GRIPM 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 | 0.1044 | |||
| Jensen Alpha | 0.4468 | |||
| Total Risk Alpha | 0.3391 | |||
| Sortino Ratio | 0.1001 | |||
| Treynor Ratio | (2.87) |
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| Volume Indicators |
Complementary Tools for GRIPM Stock analysis
When running GRIPM Advanced's price analysis, check to measure GRIPM Advanced'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 GRIPM Advanced is operating at the current time. Most of GRIPM Advanced's value examination focuses on studying past and present price action to predict the probability of GRIPM Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GRIPM Advanced's price. Additionally, you may evaluate how the addition of GRIPM Advanced to your portfolios can decrease your overall portfolio volatility.
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